Reward Analyst

Swgroup; Greater London; On-site; GBP 70,000 - 100,000; Full time

Job summary

Swgroup in London is seeking a motivated Reward Partner to join our HR and Rewards team. You will collaborate with the Reward Director and HR colleagues to tailor reward solutions, informing strategy and governance to meet organisational needs.

With a focus on strategic planning, compensation design, incentive schemes, and benefits, you will influence decision-makers and drive data-driven insights across a matrix organisation in a fast-paced environment.

Responsibilities

• Strategic Reward Planning: partner with senior leaders and HR to support the development and implementation of reward strategies aligned to business objectives
• Compensation Management: lead the annual pay review process alongside the Reward Director
• Incentive & Bonus Schemes: support design and governance of bonus plans
• Benefits & Total Reward: assist with harmonisation and optimisation of benefit programmes
• Stakeholder Partnering: act as main contact for leaders on reward matters and provide data-driven guidance

Job description

What will you be doing?

• We're seeking a motivated and detail-oriented individual to join our growing HR and Rewards team in London. In this role you will be an integral part of the Reward Team, working closely with the Reward Director and the rest of the HR team to support the delivery of S&W Reward proposition.
• Working in partnership with the business and HR and Finance colleagues, will combine an understanding of the organisation and its context with Reward expertise, in order to tailor reward solutions and develop effective interventions, to meet organisational needs, now and in the future. The Reward Business Partner will work with the Reward Director to provide commercially focused and pragmatic solutions for all reward matters.
• Delivery orientated and able to adapt to changing context
• Ability to work at pace and deliver against established personal and team targets.
• Resilient, approachable, and confident.
• Experience of working in a matrix organisation and working with Finance colleagues
• Understanding of the regulatory framework affecting Professional Services
• Strong influencing skills and is able to adapt style to different audiences.
• Ability to challenge appropriately
• Has gravitas and is able to build credibility easily
• Post graduate HR or Finance qualifications preferred

Strategic Reward Planning

• Partner with senior leaders and HR to support the development and implementation of reward strategies aligned to business objectives
• Provide insight on market competitiveness, pay positioning, and reward trends
• Support organisational design and workforce planning from a reward perspective

Compensation Management

• Alongside the Reward Director, lead the annual pay review process
• Advise on job evaluation, grading, and pay structures
• Benchmark roles using market data and ensure external competitiveness

Incentive & Bonus Schemes

• Support the design and management of incentive plans
• Support governance and communication of bonus plans

Benefits & Total Reward

• Support the Benefits, Pension and Reward Senior Business Partner on benefits design, harmonisation, and optimisation
• Work with providers to ensure efficient delivery of benefit programmes

Stakeholder Partnering

• Act as the key contact for business leaders on all reward-related matters
• Provide guidance to HR Business Partners and line managers
• Influence decision-making with data-driven insights