Reward Analyst

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

Job summary

A leading company in London is looking for a Reward Analyst to enhance employee engagement through effective compensation and benefit management. This role involves financial analysis, support for reward initiatives, and provides analytical insights to the HR team. Candidates should possess strong analytical skills and experience with large datasets in a fast-paced environment.

Qualifications

• Experience in HR and Reward desirable.
• Ability to work with large datasets.
• Detail-oriented and adaptable.

Responsibilities

• Conduct financial analysis and process management for compensation.
• Support implementation of Reward initiatives.
• Administer employee benefits and pension processes.

Skills

Analytical skills

Numerical skills

Modelling 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.