Reward Analyst

Maximum ManagementFrazer Jones USA; London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading company in London seeks an experienced Reward Analyst for a project lasting 6-12 months. This opportunity involves harmonizing compensation models across multiple UK entities and requires a candidate who is analytical, independent, and ready to build from scratch.

Benefits

Hybrid working model

Parking available

Qualifications

• Experience in reward and compensation analysis.
• Ability to conduct comprehensive evaluations and benchmarking.
• Previous involvement in starting or managing similar projects.

Responsibilities

• Review reward offerings across all UK entities.
• Evaluate existing pay structures and compensation schemes.
• Analyze incentive programs and benchmark against industry standards.

Skills

Analytical skills

Independence

Self-starter

Job description

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We are currently looking for an experienced Reward Analystfor an immediate start position that is likely to last for between 6-12 months.

Working for a large international company, this is an exciting project helping them harmonise and organise their internal structures. They are based in London and operate a hybrid model, offer parking, and for the right candidate could consider almost fully remote (1-2 days per month in the office potentially).

The company consists of around a dozen separate businesses across the UK, varying in size, but with a total headcount of around 1500. As things stand, they all operate as separate entities with different compensation models, salary gradings, benefits, bonus structures, and even salary review times! What the newly joined HRD is looking to do is to harmonise all of the staff under the one umbrella, and a big part of that is getting the Reward structure in place.

This is a big project, and very much for someone who wants to roll their sleeves up and get stuck in, but if that’s something that excites you, this will be an amazing opportunity to build something from the ground up!

Duties will include;

• Make a full review of reward offerings across all the UK entities
• Conduct a thorough evaluation of existing pay structures, compensation schemes etc. and make an assessment of their effectiveness
• Analyse the current short- and long-term incentive programmes and benchmark against industry
• Perform a comprehensive benchmarking analysis against relevant industry standards and competitors across all businesses within the group
• Evaluate the current compensation framework, including job grading, pay scales and benefits, to identify gaps or areas of improvement
• Provide recommendations for harmonisation and job levelling as well as making recommendations for enhancing the organisations rewards structures

What they are looking for is a highly analytical and independent Reward/Compensation Analyst or Reward Manager who is looking for a project to get their teeth into. You will need to be a self-starter, happy to work in a standalone capacity, be immediately available, and ideally have some experience in a “start from scratch” project like this.

They are looking to pay around £250-£300/day and expect this project to last a minimum of 6 months, potentially much longer.

For more information or to be considered please contact John Bruce at Frazer Jones ASAP.

The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.