Lloyd Taylor

VP Group Reward @Sage

Newcastle upon Tyne, GB

Transformation leadership designing and implementing global total reward strategy, running a global team of 19 stewarding c.£900m of people cost.Impact:>Reward transformation supporting SaaS strategy-Re-architected global reward strategy to support Sage’s transition to a SaaS model, shifting investment toward critical product, engineering and GTM talent to accelerate ARR growth and margin expansion-Consolidated and actively managed £150m+ of global discretionary reward spend (salary, bonus, equity), introducing central governance and data-led allocation to prioritise highest-return talent segments within margin constraints-Redesigned incentive structures (bonus and equity) to align with SaaS value drivers, including ARR growth, margin, and capital efficiency, strengthening line-of-sight between reward and business performance-Transformed the reward operating model from a federated structure to a globally integrated CoE, improving execution consistency and increasing team engagement (eSAT +9 to +71).>Executive remuneration governance – designed bold directors’ remuneration policy approved by 81% shareholder vote. Led bonus and LTIP target-setting for metrics including revenue, ARR, margin, EPS and ROCE. Maintained >80% AGM support for remuneration resolutions.>Cost discipline and reward governance – delivered £1m+ annual salary cost avoidance without increased regretted attrition in implementing controls on out-of-cycle pay adjustments. Delivered global pay transparency strategy for Sage. Delivered a further £1m+ annual savings through multinational benefits pooling and vendor renegotiation. Increased the ratio of revenue and UOP to staff costs per head from FY23 dip (+7% and +10% p.a, respectively).>Delivery at scale with a human touch - increased differentiation from guideline across individual manager pay decisions p.a. around “one reward conversation” and secured manager feedback of 8/10 in the last two years.