Reward Lead (m/w/d)

Job Description

At OVO, we are on a mission to solve one of humanity's biggest challenges, the climate crisis. And we know it takes all of us to change the world. That's why we need diverse people from all abilities, gender identities, ethnicities, ages, sexual orientations, life experiences and backgrounds to join us.

Teamworking for the planet

Everything we do here spins around Plan Zero. So, naturally, the team you'll be joining plays a gigantic role in making that happen. Here's how:

A Reward & Benefits team focused on building a leading place to work for world changers. Focused on embedding a people offer that has impact, excites our people and is accessible for all.

This role in a nutshell

This is an exciting opportunity for a talented, progressive Reward specialist to join our People team. This is a role that offers immediate exposure to all areas of the business where you will help deliver and develop the total reward agenda.

As our Reward Partner, you'll support in the management of all aspects of employee reward & wellbeing. You will provide day-to-day guidance and insights to the business and within the People Team, whilst also delivering wider reward initiatives and projects to serve our broader business goals. Reporting to the Head of Reward, ultimately you will help manage the execution of total reward in order to optimise attraction, engagement, productivity and retention of our key talent.

Your key outcomes will be

• Developing and maintaining strong relationships with the People Partners in order to understand their plans and priorities and provide relevant, pro-active reward solutions for their teams that are fair, competitive and aligned to the Company goals / enterprise-wide Total Reward strategy
• Maintaining the ongoing execution of our career level pay framework, ideally with experience of conducting job evaluation and benchmarking via Willis Towers Watson, providing job levelling and salary benchmarking proposals for job moves, promotions and salary reviews
• Act as a subject matter expert key partner to key stakeholders including the Head of Reward, People Partners, People Leadership Team and where relevant, the OVO Leadership Team and other Leaders across OVO
• Assist in maintaining pay governance and compliance, staying ahead of legislation like NMW, pay transparency, equal pay and Working Time regulations
• Ensuring the employee journey is clear and engaging by maintaining appropriate communication content and working closely with the internal communications team to plan engaging and targeted reward communications throughout the year
• Increasing employee awareness, transparency and understanding of reward by supporting our business leaders and facilitating face-to-face sessions
• Working with the Head of Reward to manage the execution and delivery of cyclical reward projects, including pay review, bonus, LTIP and the benefits cycle
• Assisting and leading on a variety of tactical projects, supporting business change, group transformational/M&A activity, system improvements etc.
• Partnering with the finance team to ensure that key costs (e.g. bonus accrual, salary budgets) are correctly tracked, supporting the Head of Reward / PX Director in the budget planning and administration
• Mentoring other team members to share knowledge, upskill and build careers
• Develop and utilise data analysis, modelling and insights to drive informed decisions for key activity through the year, such as pay review, bonus, gender pay reporting, annual benefit renewals and other policy updates
• Engaging with our external providers to manage the administration and develop the total reward offering at OVO
• Maintaining constructive dialogue with internal and external networks to identify key trends in the market, you will ensure our total reward propositions are best in class, providing appropriate input from external advisors and market data
• Monitoring and analysing current policies and practices, both internally and utilising external networks / insights, to identify and make recommendations for improvement or change
• Advising on and handling relevant queries day-to-day from people partners, people leaders, payroll and our people across the business

Systems

Experience with Workday, WTW and Darwin is desirable.

You'll be a successful Reward Lead here at OVO if you...

• Have experience working across Total Reward in a large organisation.
• Are confident working in a complex, fast-paced, progressive environment.
• Can adapt, manage ambiguity and resilience to work positively under pressure.
• Have experience in partnering with teams to understand, analyse and recommend Reward solutions that solve business problems.
• A positive determination and tenacity to find a way through complex situations and someone who loves finding ways to better things - a real problem solver!
• Ability to manage and prioritise multiple time sensitive projects, including but not limited to annual pay and bonus cycles.
• Excellent interpersonal skills, both verbal and written, with the ability to adapt and effectively communicate with a variety of stakeholders and employees.
• Confidence in articulating thoughts clearly in order to influence senior leaders.
• Experience across the full, or broad parts of, the total reward cycle.
• Experience of conducting job evaluation and salary benchmarking (ideally Willis Towers Watson) and appreciate its practical application in a fast moving and diverse business.
• Strong numerical and analytical skills with attention to detail and strong excel or Google Sheets skills

Let's talk about what's in it for you

We'll pay you between £60,000 and £80,000, depending on your specific skills and experience. If your expectations are a little different, have a chat with us!

We keep our pay ranges broad on purpose to give us, and you, flexibility to match your experience to our zero carbon mission.

You'll be eligible for an on-target bonus of 15%. We have one OVO bonus plan that focuses on the collective performance of our people to deliver our Plan Zero goal.

We also offer plenty of green benefits and progressive policies to help you feel like you belong at OVO...and there's flex pay. We'll give you 9% Flex Pay on top of your salary - 4% of this is auto enrolled into your pension, and the remaining 5% is yours to do what you like with. You can use this to buy from our extensive range of flexible benefits, including our green benefits which we've put at the heart of our offering, add to your pension or even take it as cash.

Here's a taster of what's on offer:

For starters, you'll get 34 days of holiday (including bank holidays).

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, travel insurance, workplace ISA, will writing services, dental insurance, and more

For your lifestyle With extra holiday buying, discount dining, home & tech loans, and supporting your favourite charities with give-as-you-earn donations

For your home Get up to £400 towards any OVO Energy plan, plus great discounts on solar, 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.

For your Belonging

To find better ways to support our people, we need to listen to each other's experiences and find ways to build a truly inclusive and diverse workplace. As part of this, we have 8 Belonging Networks at OVO. Led by our people, for our people - so when you join OVO, you can play a part - big or small - with any of the Networks. It's up to you.

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!

If you have any additional requirements, there's a space to let us know on the application form; we want to make the process as easy and comfortable for you as possible.