Executive Compensation
Read on to find out what you will need to succeed in this position, including skills, qualifications, and experience.
Manager
Permanent / Full time
London / Northampton / Selby
Who we are:
We’re not
just talking about making a difference, we’re making it happen. We generate
dispatchable, renewable power and create stable energy in an uncertain world.
Building on our proud heritage, we have ambition to become the global leader in
sustainable biomass and carbon removals.
You’ll be
joining our teams of practical doers, future thinkers and business champions.
We’re enabling a zero carbon, lower cost energy future for all, and working
hard to decarbonise the planet for generations to come.
About the role:
Reporting to the Group Reward Director you’ll contribute to the development of, and be responsible for the
management and administration of remuneration programmes for Board, ExCo and
other Senior Management roles. You’ll work closely with key stakeholders across
the Group and external advisers to ensure the executive remuneration framework
attracts, retains and motivates top-tier talent whilst complying with
regulations, shareholder and other stakeholder interests, and necessary governance
practices.
The role will take the lead on preparing all regulatory
submissions and disclosures as they relate to remuneration, such as the
Directors’ Remuneration Report. It will also lead the preparation of the annual
plan and all materials for the Drax Group Remuneration Committee meetings, such
as drafting of papers.
This is an individual contributor role which collaborates
extensively with cross-function teams (HR, Finance, Company Secretariat, and
others) and manages external advisers and vendors. The incumbent in this role
will be the Group’s subject matter expert on executive compensation globally (which
is principally UK and US for now) and will develop and maintain strong
relationships with Senior Management and Board members.
Who we’re looking for:
To
be successful in this role you’ll have significant previous executive
compensation experience in a publicly traded company, or through consulting in
a management consultancy or audit firm. A deep understanding of executive
compensation principles and practices, governance standards and compliance
regulatory requirements, and also of equity-based compensation vehicles with
regards to cultural fit, local practices and administration requirements and
processes. You’ll ideally have a bachelor’s degree, preferably in HR, Business,
Finance, Accounting or a related field.
You’ll
possess excellent written and presentation skills (Word and PowerPoint), with
extensive experience in writing Remuneration Committee papers and public
documents reports and other disclosures. Alongside stellar communication skills
with the ability to influence and build relationships with senior leaders and
the ability to work in a consultative and collaborative manner with
cross-functional teams including HR, Company Secretariat, Finance and Legal.
With
a sophisticated knowledge of Microsoft Excel you’ll have excellent analytical
skills, with the ability to interpret complex financial data, and excellent
organisational and project management skills with high attention to detail. A high
level of integrity and discretion when handling confidential information is
also required for this position.
Rewards and benefits:
As you help
us to shape the future, we’ve shaped our rewards and benefits to help you
thrive and support
your
lifestyle. If successful in this role, you’ll get:
* Salary of £100,000 - £120,000 per annum (dependent on experience)
* A discretionary bonus of up to 40% of base salary depending on company performance
* Rich core benefits including Private Healthcare with Vitality, life assurance and income protection and a range of other benefits also
* SAYE (Sharesave): discretionary scheme from time to time
* Group personal pension plan where we’ll pay up to 10%
* Holiday 25 days plus bank holidays (and option to buy or sell extra days)
* Reimbursement of the cost of your annual membership of one relevant and appropriate professional body
We’re committed to
making a tangible impact on the climate challenge we all face. Drax is where
your individual purpose can work alongside your career drive. We work as part
of a team that shares a passion for doing what’s right for the future. With
Drax you can shape your career and a future for generations to come.
Together,
we make it happen.
At Drax, we’re
committed to fostering an environment where everyone feels valued and
respected, regardless of their role. To make this a reality, we actively work
to better represent the communities we operate in, foster inclusion, and
establish fair processes. Through these actions, we build the trust needed for
all colleagues at Drax to contribute their perspectives and talents, no matter
their background. Find out more about our approach here.
Talk to us about
flexible working!
How to apply:
Think this role’s for you? Click the
‘apply now’ button to begin your Drax journey.
If you want to find out more about Drax,
check out our LinkedIn page to see our latest news.
We understand that you may have some
additional questions about the role. If you’d like to have a confidential chat
to discuss the role in more detail, please email careers@drax.com
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