Reward Analyst

JR United Kingdom; Derby; Hybrid; GBP 55,000 - 64,000; Full time

Job summary

A leading HR company is seeking a Reward Analyst based in London for a hybrid role, focusing on Compensation and Benefits. You will work closely with senior colleagues on initiatives that enhance employee engagement and retention while conducting analyses and supporting annual pay reviews. Ideal candidates should possess strong analytical skills and previous HR experience to thrive in a fast-paced environment.

Qualifications

• Strong analytical, numerical, and modelling skills, with proficiency in Microsoft Excel.
• Ability to work with large datasets and provide meaningful insights.

Responsibilities

• Conduct financial analysis related to total compensation.
• Support the implementation of reward change management initiatives.
• Administer employee benefits and pension processes.

Skills

Analytical skills

Numerical skills

Modelling skills

Microsoft Excel

Detail-oriented

Communication skills

Education

Experience in HR and Reward

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.