Reward Lead

Job Description

Wood has an exciting opportunity for a Reward Lead to join our team on a permanent basis. This role is open to hybrid working from any of our UK hubs (Glasgow, Aberdeen, Reading, Staines or Stockton), Houston or UAE offices. The position is part of the Reward & Mobility global team, reporting to a senior reward leader and is designed to be flexible to support either a regional or central Reward Team.

The role will leverage expertise in both compensation and benefits.

This role will provide reward expertise across the following aspects:

• Fixed reward – job frameworks, base salary structures, and pay management
• Variable reward – short- and long-term incentives programs
• Employee benefits – design, implement, annual reviews, optimisation of benefits offerings
• Governance – adherence to regulatory requirements

The primary objective will be to ensure that reward practices attract, retain, and motivate top talent while adhering to legal and regulatory requirements. You will collaborate closely with HR and senior leadership to influence and provide valuable insights and recommendations to guide decision-making as well as being the process and procedural expert across the total reward approach for your area.

Depending on the skills and experience of the successful candidate, the role may support:

• compensation, benefits, reward governance and regulatory reporting across UK and/or MEAC, and APAC
• market benchmarking, survey participation and matching, salary structure management
• reward governance and regulatory reporting
• annual benefits renewals and enrolment, vendor management and regional benefits management
• job review frameworks, annual salary and incentive cycles

This role will support developing knowledge and understanding among senior leaders, HR teams and employees, with a focus on total reward.

Designing the future. Transforming the world.

Wood delivers solutions across more than 60 countries with local offices covering all major energy and materials hubs globally. For more than 160 years,wehave partnered with clients to deliver engineering, advisory and operational solutions to some of the world’s most complex and critical challenges in energy and materials.

• Meaningful and interesting projects; we continually strive improvements in the way we operate to ensure delivery excellence for our customers
• Flexible working arrangements that balance team and individual needs offering hybrid working arrangements
• Commitment to Diversity and Inclusion; we are an organisation actively committed to diversity and inclusion across our business with employee networks committed to giving all employees a voice
• Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market
• Competitive benefits package; aligned to the country of employment
• Commitment to continued professional development; development plans that are tailored to your individual needs and interests
• Global connections; join experts around the world who are at the leading edge of our industry, shaping the standards of our profession

• Analysis:
  Conducts comprehensive analysis of often complex reward data, market trends, and industry benchmarks to evaluate the competitiveness and internal fairness of our reward packages
• Advisory Role:
  Provides guidance and recommendations to HR and management on reward matters, joining the dots within a total reward approach
• Data Management:
  Maintains accurate reward data in relevant internal or external systems, creates reports and dashboards, and provides insights to guide decision-making
• Survey Management:
  Leads or collaborates efforts of survey identification, participation, able to interpret results,…