Reward Analyst

We currently have an exciting opportunity for a Reward Analyst to join our team. As a key member of the broader HR department, you'll provide support to the Head of Reward & People Services in tasks that include salary benchmarking, salary reviews and job evaluation. You'll also manage our benefits package and oversee all elements relating to Reward.

This position offers an excellent chance for an individual with comprehensive expertise in Reward, robust analytical abilities, and a dedication to ongoing enhancement within the Rewards field.

What will my role will entail?:

• Co-ordinating the execution of routine activities such as salary reviews, bonuses, and performance management along with incentive programs.
• Managing cyclical Reward tasks such as gathering, calculating, analysing, modelling, and communicating payment details.
• Overseeing daily Pay and Reward tasks, including budgeting and contract management with suppliers.
• Creating reports and proposals, e.g. analysis of Gender and Ethnicity Pay gaps.
• Serving as an expert on all aspects of rewards, benefits, and compensation.
• Consulting with the broader HR team regarding Reward related HR procedures and initiatives.
• Collecting and examining salary data internally and externally, offering benchmark data, and making related recommendations.

Requirements

We’d love you to bring:

• Your experience should include a history of developing and implementing various compensation and benefits initiatives through numerous annual periods.
• Experience with one of the major salary benchmarking tools, such as those from WTW or Aon.
• Exceptional proficiency in Excel and extensive expertise in constructing Excel models that drive decision-making by distilling complex data.
• Flexibility is key, along with the ability to work swiftly without sacrificing accuracy or the quality of relationships established.
• Skilled in creating analysis and presentations suitable for Board-level review.
• Self-assured when presenting viewpoints with the ability to advise senior colleagues and line managers regarding reward strategies.
• Take initiative, be persistent, curious, and pay close attention to details.
• Possess robust project management capabilities to oversee multiple concurrent projects.
• Use an analytical mindset to propose alternative perspectives on available data to unearth new insights.