Executive Pay Manager
Salary
New England, MA $153,000 - $180,000 a year
Downstate, NY $163,000 - $192,000 a year
The Role
At National Grid, we're at the heart of the energy transition, delivering safe, secure and reliable energy to millions of customers every day. As we build the energy network of the future, we're looking for talented people who want to make a real impact for our customers, communities and the environment.
We're committed to creating an inclusive workplace where everyone can thrive and bring their authentic selves to work.
We're now looking for an Executive Pay Manager to join our team in a hybrid role based in Brooklyn, NY, Boston, MA or Waltham, MA.
What you'll be doing
- Advise Chief People Officers and senior leaders on sensitive executive recruitment, internal moves, retention awards, and exits.
- 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.
- Source, implement and manage third‑party providers supporting Global Mobility.
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Appoint vendors through Strategic Sourcing, ensuring cost, efficiency and colleague experience are balanced.
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Oversee onboarding of new service providers and manage associated internal relationships.
What you'll need
- Demonstrable experience in Reward management, Executive Pay and Global Mobility.
- Experience of developing and implementing 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.
- Main interfaces – Internal People colleagues: Chief People Officers, Recruitment National Grid teams: General Counsel, Tax, Business Services, Payroll, Pensions, Procurement Exec Pay Customers: Business Leaders, GEC/SLG/Band B colleagues
- Main interfaces – External Suppliers: Global Mobility Assignment Services, International Medical & Dental, PMI, Tax advisors Global Mobility data services, Immigration advisors, Recruitment agencies
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.