Rewards Lead

Company logo
Wood
Design, build, and advance the world through consulting and engineering
Lead total reward strategy across compensation, benefits and incentives.
29 days ago ago
Expert & Leadership (13+ years), Experienced (8-12 years)
Full Time
Houston, TX, United States
Hybrid
Company Size
~35,000 Employees
Service Specialisms
Consulting
Engineering
Project Management
AND MORE..
Sector Specialisms
Wind
Solar
Transmission
Carbon Capture
Hydrogen
and more..
Role
What you would be doing
data management
vendor management
reward analysis
project management
compliance
survey management
  • Continuous Improvement: Actively stays informed about industry best practices, legislative changes, emerging trends, technology and innovative approaches in reward and make recommendations for program enhancements.
  • Reward Planning: Assists in annual budgeting processes providing market insights and building established relationships with Finance and Commercial teams.
  • Process and operations: Ensures efficient processes, procedures and operations for day-to-day activites , ensuring these are communicated and embedded effectively in line with Policy requirements. Maintains awareness of broader process implications and wider impact on our total reward offering.
  • Data Management: Maintains accurate reward data in relevant internal or external systems, creates reports and dashboards, and provides insights to guide decision-making.
  • Vendor management: Leads on day-to-day interface with key vendors and escalating issues with process and service level agreements to get the most out of external vendors.
  • Advisory Role: Provides guidance and recommendations to HR and management on reward matters, joining the dots within a total reward approach.
  • Reward Structure Management: Develops and maintains reward structures, ensuring internal equity and external competitiveness.
  • 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.
  • Compliance: Ensures compliance with relevant laws and regulations in the design and administration of reward programs.
  • Project management: Manages designated reward projects through start up, execution and completion, maintaining appropriate stakeholder groups and engagement throughout.
  • Transparency and documentation: Maintains focus on reward transparency, creating documents for use in communication and monitors and communicates effectiveness of reward programmes in a sensitive manner across a range of stakeholders (e.g., HR, managers, employees).
  • Manage conflicting deadlines and priorities with a wide range of stakeholders.
  • Communication: Develops and delivers clear and effective communication materials to educate stakeholders on reward policies, changes, and opportunities.
  • Survey Management: Lead or collaborate efforts of survey identification, participation, able to interpret results, and maintain relationship with survey vendors.
What you bring
hrms
excel
compensation strategy
bilingual spanish
project management
reward certification
  • Strong project management and organizational skills.
  • Detail-oriented with a high degree of accuracy and the ability to maintain confidentiality.
  • Ability to work both independently and collaboratively in a team environment.
  • Has experience with HRMS Compensation Tools
  • Flexible and open to change, balances humility and the ability to challenge others' thinking.
  • Strong analytical and quantitative skills, with the ability to interpret and present complex data effectively.
  • Bilingual has the ability to communicate effectively in Spanish, both written and verbal strongly preferred
  • Experience with updating salary bands after comprehensive analysis of compensation data, market trends, and industry benchmarks
  • Proficiency in reward analysis tools and software, as well as advanced knowledge of Microsoft Excel.
  • In-depth knowledge of reward principles, laws, and regulations.
  • Experience in managing and maintaining processes and procedures, identifying and addressing issues through to measurable improvement.
  • Ability to challenge thinking and problem solve.
  • Strong background with compensation strategy
  • Bachelor's degree in Human Resources, Business Administration, or a related field. Master's degree. Additional reward specialist certification is a plus.
  • Several years of deep experience in reward analysis and critical thinking, with a track record of improvements.

Strong background with compensation strategy

  • Excellent communication and interpersonal skills, with the ability to communicate complex reward concepts to a non-technical audience.
  • Reliable with professional attitude and operates with high integrity; approaches work with a can-do, proactive and collaborative attitude.
  • Ability to make robust business recommendations using data and experience, aligned with overarching philosophy and considered outcomes highlighting risks where appropriate.
Benefits
  • Executive compensation and corporate governance
  • Fixed reward – base salary, compensation structures, and pay management
  • Variable reward – short and long term incentives both cash and equity based
Training + Development
Information not given or found
Company
Overview
₤5.9 billion
Revenue
The company reported total revenue of $5.9 billion, reflecting an 8% increase from the previous year’s $5.5 billion.
9% growth
Adjusted EBITDA
Wood's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 9%, reaching $423 million.
40% of pipeline
Sustainable Solutions
Sustainable solutions now account for over 40% of the company's bidding pipeline, highlighting a strong focus on green initiatives.
  • Wood is a global leader in consulting and engineering, primarily serving the energy and materials markets.
  • The company offers a wide array of services including project and construction management, operations and maintenance, and engineering design across various sectors such as oil and gas, chemicals, renewable energy, and infrastructure.
  • Wood operates in multiple countries including Australia, Canada, England, UAE, and the US, with a growing emphasis on sustainable energy and decarbonization technologies.
  • The company provides an integrated service model covering advisory, design, delivery, operational support, and repurposing services.
Culture + Values
  • The company foster a culture emphasize collaboration, innovation, and excellence.
  • Create an environment where employees enjoy coming to work and clients eager to engage.
  • Focus on core values and behaviors, including commitment, courage, and agility in delivering solutions.
  • Leadership plays a crucial role in monitoring and nurturing the culture.
  • Engage with the workforce regularly to ensure effective implementation across the organization.
  • The company's values support strategic goals structured around three main pillars: Inspired Culture, Performance Excellence, and Profitable Growth.
  • These pillars guide operations and decision-making processes, aligning with the needs of employees, clients, and shareholders.
  • Aim to leverage expertise and dedication of global team to drive sustainable solutions and make meaningful impact on the world.
Environment + Sustainability
65% reduction
Cumulative Emissions Reduction
The cumulative reduction in Scope 1 and 2 emissions from the 2019 baseline.
55% renewable energy
Sourced Electricity
Proportion of purchased electricity now sourced from certified renewable energy sources.
40% pipeline
Sustainable Solutions
The portion of the sales pipeline now comprised of sustainable solutions, supporting the energy transition.
21% revenue
Sustainable Solutions
The proportion of total group revenue generated from sustainable solutions.
  • Focus on transitioning to renewable energy sources and enhancing energy efficiency across operations.
  • Committed to reducing single-use plastics and promoting sustainable practices within the supply chain.
  • Actively involved in renewable energy, hydrogen, and carbon capture and storage projects, representing a significant portion of revenue.
  • Working on more than half of the world’s carbon capture and storage projects.
  • Aiming to achieve net-zero carbon emissions by 2050, aligning with the Paris Agreement.
  • Member of the United Nations Global Compact, committing to uphold principles in human rights, labor, environment, and anti-corruption.
  • Holds an AA rating in the MSCI ESG Ratings and Silver in the 2023 Ecovadis Sustainability Rating.
  • Targets to have 100% of suppliers incorporate Building Responsibly Principles into their supply chains by 2030, with all labor suppliers expected to comply by 2025.
Inclusion & Diversity
32% Female Representation
2022 Female Representation
The company achieved 32% female representation in 2022.
48% Female Intake
2023 Early Career Roles
In 2023, 48% of early career roles were filled by women.
23.3% GPG
Gender Pay Gap 2023
The company's Gender Pay Gap decreased to 23.3% in 2023 from 26.0% in 2022.
40% FemaleLeadership Target
2030 Female Leadership Goal
The company aims for 40% female representation in senior leadership by 2030.
  • Ongoing efforts include refreshing and expanding employee networks, empowering leadership teams with action plans for sustainable, inclusive change, maintaining focus on balanced early career stage intake, and ongoing tracking of diversity statistics.
  • Ensures fair pay practices, confirming that pay disparities are due to the gender distribution across roles, not equal pay issues.
  • DEI progress is measured quarterly, with oversight provided by the Board through the Nomination Committee.
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