Executive Pay Manager
Salary
New England, MA $153,000 - $180,000 a year
Downstate, NY $163,000 - $192,000 a year
The Role
National Grid is hiring an Executive Pay Manager.
Hybrid role - located in either our Brooklyn, NY, Boston, MA or Waltham, MA office.
This role will support the ongoing design, development and implementation of total Reward frameworks for the ‘Executive’ Population to ensure the Company is able to attract, retain and incentivise colleagues.
Manage all Global Mobility arrangements ensuring policies, processes and third-party contractual arrangements are fit for purpose.
The Executive Pay Manager will work closely with the Exec team and as a result, will require a regular presence in office.
What you'll be doing
• Manage the full join‑to‑leave process for executives, including compensation proposals, term sheets, offers, side letters and separation agreements.
• Calculate reward packages for external and internal moves, including complex buyout valuations across equity plans and cash incentives.
• Partner with legal and tax teams to resolve issues during the join‑to‑leave process.
• Lead Executive Pay activity during the annual compensation cycle.
• Maintain deep expertise in all incentive plans to support administration and handle complex stakeholder queries.
• Develop and regularly review reward guidelines for the join‑to‑leave process, including buyout principles.
• Ensure all executive reward arrangements are accurately documented, understood and delivered on time.
• Identify opportunities to improve, digitise and automate Executive Reward processes.
• Appoint vendors through Strategic Sourcing, ensuring cost, efficiency and colleague experience are balanced.
• Oversee onboarding of new service providers and manage associated internal relationships.
About you
- Demonstrable experience in Reward management, Executive Pay and Global Mobility.
- Experience of developing and implementing bespoke Reward solutions involving base pay, variable pay, annual and longer-term incentives and benefits.
- Experienced in developing trusted relationships with senior stakeholders.
- Experienced in the administration of complex reward arrangements, external benchmarking, market analysis, design and implementation of policies and procedures.
Qualifications
- Degree or equivalent and ideally CIPD qualified
- Software familiarity including advanced data modelling through Microsoft Excel, compensation reporting software and HR information systems
- Strong experience of Hay Job evaluation and market analysis
- Proven compensation management experience within a large commercial organisation involving practical and detailed design and application of the existing reward policies and processes
More Information
This role is offered on a Full-Time, Permanent basis
Internal candidates should notify current manager of interest prior to application.
National Grid utilizes an assessment that evaluates the job qualifications/characteristics using AI or statisticallybased scoring.
For more information, please view NYC Local Law 144.
This position has a career path which provides for advancement opportunities within and across bands as youdevelop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills.Internal candidates will be assessed and provided offers against the minimum qualifications of this role and theirindividual experience.
Salary
New England, MA $153,000 - $180,000 a year
Downstate, NY $163,000 - $192,000 a year
National Grid utilizes an assessment that evaluates the job qualifications/characteristics using AI or statistically based scoring. For more information, please view NYC Local Law 144.
This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Internal candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.