Reward Analyst

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

Job summary

A leading company in the UK is looking for a Reward Analyst to join their dynamic Reward team. This role involves supporting Compensation and Benefit initiatives to enhance employee engagement and retention. You will conduct financial analysis, manage reward programs, and provide key insights to the HR team, ensuring effective benefits and compensation administration in a hybrid working environment.

Benefits

Bonus and Benefits

Qualifications

• Strong analytical and numerical skills with proficiency in Microsoft Excel.
• Experience or knowledge in HR and Reward is desirable.
• Ability to work with large datasets and provide insights.

Responsibilities

• Conduct financial analysis and manage processes related to compensation including salary reviews.
• Support implementation of Reward change management initiatives.
• Administer employee benefits and pension processes.

Skills

Analytical skills

Numerical skills

Proficiency in Microsoft Excel

Communication skills

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.