Reward Analyst

JR United Kingdom; Cheltenham; Hybrid; GBP 55,000; Full time

Job summary

A leading company in the UK seeks a Reward Analyst to join their dynamic Reward team. The successful candidate will support compensation and benefit initiatives, enhancing employee engagement and retention. Responsibilities include financial analysis, overseeing pay reviews, and providing insights to the HR team. Ideal candidates will possess strong analytical skills, be detail-oriented, and have a background in HR and Reward.

Qualifications

• Strong analytical and numerical skills with proficiency in MS Excel.
• Ability to provide insights from large datasets.
• Detail-oriented and confident in approach.

Responsibilities

• Conduct financial analysis and manage total compensation processes.
• Support implementation of Reward change management initiatives.
• Administer employee benefits and pension processes.

Skills

Analytical skills

Numerical skills

Modelling skills

Communication skills

Education

Experience or knowledge in HR and Reward

Tools

Microsoft Excel

Job description

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Reward Analyst – London - Hybrid Working (2/3 days a week in the office - £55,000 + Bonus & Benefits

We are seeking a talented individual to join a dynamic Reward team, supporting Compensation and Benefit initiatives that enhance employee engagement, retention, and motivation. This role involves working closely with senior colleagues to manage reward programmes, HR projects, and daily operations related to benefits, pensions, and compensation.

Key Responsibilities

• Conduct financial analysis, modelling, and process management related to total compensation, including salary reviews, benefits, and bonus schemes.
• Support the effective implementation of Reward change management initiatives.
• Assist in delivering the annual pay review.
• Contribute to market surveys and regulatory reporting, such as Gender Pay Gap Reporting.
• Support budget tracking activities for the Reward function.
• Provide analytical insights to the wider HR team.
• Administer employee benefits and pension processes.
• Assist with the annual benefits review and analysis of employee data.

Desired Skills & Qualifications

• Strong analytical, numerical, and modelling skills, with proficiency in Microsoft Excel.
• Ability to work with large datasets and provide meaningful insights.
• Previous experience or knowledge in HR and Reward is desirable.
• Understanding of core Reward terminology and best practices.
• Ability to work in a fast-paced environment and meet deadlines.
• Detail-oriented, adaptable, and confident in approach.
• Excellent written and verbal communication skills.