Description : 23 Mar, 2023
Head of Reward We're making zero carbon happen
We're OVO Group , a big family of companies united by a single vision: to get to zero carbon, fast.
We call this Plan Zero - and it shows how we'll be fighting the climate crisis and transforming the way people use energy over the next decade. To do this, we need the sharpest minds. Are you up for the challenge?
Do great green things with OVO Energy
So much has changed since we launched in 2009. Our goal remains the same though: make energy cheaper, greener, and simpler. Just as it was on day one.
Everyone belongs at OVO
Our aim is to build a diverse and inclusive movement: teams of brilliant people, with unique talents, skills, passions, and experiences.
We encourage everyone to join us, whatever your gender identity, race, ethnicity, sexual orientation, age, life experience, or background. So please come as you are - we can't wait to meet you.
Where in the world of OVO will I be working?
This role can be based in either our London, Bristol offices.
You'll be working across the entire OVO business, and be part of the people experience leadership team. Defining our Reward strategy and approach and leading the development of our reward products working cross functionally across the people community. We have a diverse business focussed on different types of work, with many different needs. This role will report into the People Experience Director
What will I be doing?
Leading on all aspects of Reward for the OVO and leading & managing a team of compensation & benefits specialists. You'll engender creative thinking, offer proactive commercial solutions and deliver exceptional service and a progressive reward offering balancing value to our people with value to our business. You will be the Reward lead across the group, engaging with our people, the people leadership team, senior leadership teams and retail board as and when required.
The role is responsible for:
Reward Frameworks & Processes
Leading on the creation and ownership of transparent, flexible and progressive pay frameworks - scalable, relatable to our diverse workforce. Ownership for the full \"pay lifecycle\" for our people - bringing it to life by ensuring reward \"products\", processes and practices are embedded from onboarding through to exit - working cross functional across the people team to develop tools and improve the way we explain pay at OVO Developing and leading all cyclical reward processes - including promotions, pay changes, bonus and long-term incentive plans - with a continuous improvement mindset Design and embed bonus and incentive arrangements Develop, own and iterate our job architecture, ensuring it always represents the way we are working Create and deliver reward and pay insight that is relevant and easily understood, to inform the effectiveness of compensation programmes Use broad external networks, market insight and continuous internal feedback to find innovative ways to deliver pay supported by transparent and simple frameworks and guidance Work with key stakeholders to embed Plan Zero into our pay and reward frameworks in a way that encourages continuous focus on our long term goals Executive Pay
Providing expertise in all aspects of executive compensation, managing and executing the appropriate Executive Remuneration Committee structure to support the Board, presenting to the Board as and when required. Leading and evolving the governance framework for compensation, working within the overall Risk & Governance framework Managing and executing on the delivery of all equity programmes group wide Benefits & wellbeing
Leading the design and delivery of the benefits and wellbeing elements of OVO's people offer Manage the suite of supplier & systems infrastructure Lead on pensions strategy, including the management of Defined Benefit & Defined contribution plans Lead on OVO's health & wellbeing strategy Ownership for the full total reward budget Use external networks & market insight to continually evolve a progressive & compliant benefits offering Partner with the People Engagement and Inclusion & Belonging teams to drive engagement with OVO people offering Business Partnership
Leading inclusion within Reward, partnering with the People leadership team and Group I&D Lead to champion positive progress and deliver on Gender pay reporting and any other diversity requirements Partner with our Directors, People Partners as the reward/job sizing subject matter expert to deliver successful organisation design, supporting our people partners and finance teams to understand the true cost and sizing of proposed structures and job changes Operate as the reward SME for all business transactions, M&A's or major business change programmes. Partnering with Finance leadership to deliver seamless cost management for all elements of compensation Is this the job for me?
What experience will you have had? Depth of compensation knowledge - you'll have ideally led the creation of progressive compensation propositions, using innovative thinking to create compensation products that deliver value to your people and business Experience of executive reward and supporting the Remuneration Committee agenda Management of a range of different pensions and benefits via multiple providers Management of change projects, ideally in high growth organisations Experience of working in agile environments, collaborating with the wider people team and our OVO community to develop and lead on the development of progressive reward products & processes. Experience of confidently interfacing with senior leadership on all aspects of compensation Strong communicator, actively listening so as to deliver reward products that are compelling and engaging for our Proven data and analytical skills - bringing evidence to bear in our decision making Excellent and proven business partnering skills Compensation or reward team leadership, demonstrating capability to mobilise multi disciplined project teams to deliver engaging compensation & reward propositions at pace. Brilliant benefits for a world-changing team
Our people are at the heart of Plan Zero. That's why we offer plenty of green benefits and progressive policies to make you feel at home.
For starters, you'll get 34 days of holiday (including bank holidays).
Then there's Flex Pay. It's an extra 9% of your salary on top of your core pay to use as you like. You can take it as cash, add to your pension, or choose to spend it on a huge range of flex benefits.
Here's a taster of what's on offer:
For your health
With benefits like a healthcare cash plan or private medical insurance depending on your career level, critical illness cover, life assurance, health assessments, and more
For your wellbeing
With gym membership, gadget, travel and cyber insurance, workplace ISA, will writing services, DNA testing, dental insurance, and more
For your lifestyle
With extra holiday buying, discount dining, culture cards, tech loans, and supporting your favourite charities with give-as-you-earn donations
For your home
Get up to GBP300 off any OVO Energy plan (when you pay by Direct Debit), plus personal carbon offsetting and great discounts on smart thermostats and EV chargers
For your commute
Nab a great deal on ultra-low emission car leasing, plus our cycle to work scheme and public transport season ticket loans
Want to hear about our full range of flexible benefits and progressive people policies? Our People Team can tell you everything you need to know.
Oh, and one last thing
We'd be thrilled if you tick off all our boxes yet we also believe it's just as important we tick off all of yours. And if you think you have most of what we're looking for but not every single thing, go ahead and hit apply. We'd still love to hear from you!
Related Articles
Sovereign is a leading Housing Association, committed to providing quality, affordable homes and services within sustainable, successful communities.
Reward AdviserPoole, Dorset (with Hybrid working between home and Poole, with a requirement to travel to Poole once/twice a month)About usOur purpose
Employee Rewards Program Manager- 12 Months- London/Remote- GBP50-GBP55 ph PAYE A global powerhouse within the social media industry is looking for a
If you're serious about uncapped earning potential and starting work right now, then please read on- Full or Part-time so this can also be fitted arou
If you're serious about uncapped earning potential and starting work right now, then please read on- Full or Part-time so this can also be fitted arou
Peppa pig reward chart book which has different sections like saying thank you and please, brushing teeth, sharing, crossing road, etc. There is also
Review and refresh the remuneration governance delegation framework between the group and local EMEA Board and REMCOAssist with the development of an
He Offered items for sale on vagood and asked for payment by PayPal. Money sent but he never sent the items. Gave loads of excuses and finally offered
Earn an extra income | Flexible | Uncapped | Immediate Start BE YOUR OWN BOSS, earn some extra money, start your new side hustle or replace your 9-5.
Size 9 boots and shoes (All new). £8 each or all 3 for £20. Collection from coleraine
SKODA YETI SE TDI CR finished in Brown (Manual), 83,500 miles, only 1 previous owner from new. Features include Rear Parking Sensors, Multi Function S
Video Game is sent to you within 1-24 Hours Game can be Played on Computer and Laptop If there are any Questions, Please Let us Know