Interim Reward Analyst

Frazer Jones; London; Hybrid; GBP 45,000 - 60,000; Full time

Job summary

A leading recruitment consultancy is seeking an experienced Interim Reward Analyst in London (hybrid). This role involves analyzing compensation structures, conducting salary benchmarking, and collaborating with HR teams to design competitive compensation programs. The ideal candidate will have a strong analytical mindset, proven experience in compensation analysis, and excellent communication skills.

Qualifications

• Proven experience in compensation analysis, ideally at a senior level.
• Strong knowledge of compensation structures and analytical techniques.
• Excellent communication and presentation skills.

Responsibilities

• Analyze and evaluate compensation structures.
• Conduct in-depth salary benchmarking and market analysis.
• Develop and refine job grading and pay scales.

Skills

Compensation analysis

Benchmarking tools

Microsoft Excel

Communication skills

Analytical thinking

Attention to detail

HRIS systems

Job description

Job Summary

Location: London (hybrid)

Duration: Ongoing

We are seeking a highly skilled and experienced Interim Reward Analyst to work for a London headquartered business. The successful candidate will play a critical role in supporting the organization’s compensation strategy, ensuring practices remain competitive, equitable, and aligned with business objectives. This position requires a strong analytical mindset, attention to detail, and the ability to collaborate effectively across departments.

Key Responsibilities

• Analyze and evaluate compensation structures, ensuring alignment with market trends and organizational goals.
• Conduct in-depth salary benchmarking and market analysis to support decision-making.
• Develop and refine job grading and pay scales using data-driven methodologies.
• Provide expert guidance on compensation practices, including salary reviews, incentive schemes, and equity adjustments.
• Collaborate with HR and leadership teams to design and implement compensation programs.
• Ensure compliance with local labor laws and regulations related to pay and benefits.
• Prepare detailed reports and presentations for stakeholders, summarizing findings and recommendations.
• Lead or support annual compensation cycles, including merit increases and bonus calculations.
• Address compensation-related queries and resolve issues efficiently.

Qualifications & Skills

• Proven experience in compensation analysis, ideally at a senior level.
• Strong knowledge of compensation structures, benchmarking tools, and analytical techniques.
• Advanced proficiency in Microsoft Excel and HRIS systems.
• Excellent communication and presentation skills.
• Analytical mindset with exceptional attention to detail.
• Ability to work independently and thrive in a fast-paced environment.