HR MI & Rewards Analyst

McGregor Recruitment; Greater London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading company is seeking an HR MI & Reward Analyst to enhance their HR MI & Rewards team. The role involves managing HR data, conducting market research, and ensuring competitive compensation through analysis and reporting. Ideal candidates will possess strong analytical skills and experience in compensation modeling, with a focus on delivering insights to support decision-making.

Qualifications

• Experience in compensation modeling, budgeting, and salary benchmarking.
• Understanding of core Reward processes and cyclical activities.

Responsibilities

• Conduct comprehensive market research into Rewards, including salary surveys.
• Manage job grading processes and evaluate internal salary structures.
• Prepare detailed reports for internal stakeholders.

Skills

Analytical

Numerical

Advanced Excel

Compensation Modeling

Budgeting

Data Analysis

Communication

Tools

Power BI

MS Office

HiBob

Workday

Job description

Expanding its HR MI & Rewards team, our client is hiring an HR MI & Reward Analyst. This role involves taking ownership of the Management Information across HR and Rewards.

You will support the Head of Reward and HR Operations Manager and team with research, analysis, design, and effective administration of compensation and reward projects and programs across the organization, along with management of HR data and reporting.

1. Conduct comprehensive market research into Rewards, including salary surveys, to provide data-driven insights for decision-making.
2. Perform salary benchmarking to ensure competitive compensation.
3. Manage job grading processes.
4. Evaluate and recommend adjustments to internal salary structures, bonuses, and other incentives based on market trends.
5. Prepare detailed reports for internal stakeholders.
6. Partner with internal teams to address compensation-related inquiries, such as compensation modeling.
7. Ensure compliance with relevant regulations related to compensation practices.
8. Collaborate with Talent Acquisition to analyze compensation packages for new hires, providing guidance and advice.
9. Design, develop, and maintain HR MI reports.
10. Provide data and analysis to support business needs and decision-making, including storytelling around analytics.
11. Produce monthly HR reporting and MI for senior leadership and Board presentations.

We'd love to see:

• Strong numerical, analytical, and advanced Excel skills.
• Experience in compensation modeling, budgeting, and salary benchmarking.
• Understanding of core Reward processes and experience with cyclical activities is advantageous.
• Proven ability to analyze large data volumes, identify trends, and communicate key messages effectively.
• Excellent HR Systems & MI experience, preferably within financial services (e.g., HiBob or Workday).
• Expertise in MS Office applications, especially Power BI, Word, Excel (including VLOOKUPs, formulas, pivot tables), PowerPoint, and Outlook.
• Experience delivering reports and presentations to management audiences.

McGregor Boyall is an equal opportunity employer and does not discriminate on any grounds.