Reward Analyst

JR United Kingdom; Warrington; Hybrid; GBP 35,000 - 55,000; Full time

Job summary

A leading organization in the education sector seeks a Reward Analyst to join their team on a hybrid basis. This permanent role involves providing analytical support to reward strategies, developing reports, and leading analyses on compensation and benefits. Ideal candidates will have experience in data analysis and familiarity with HR systems, alongside a proactive approach to improving reward policies.

Benefits

Excellent annual leave entitlement

In-house training programme

Healthcare discounts

Confidential support service

Cycle to work scheme

Qualifications

• Experience of reporting on complex reward data using Excel techniques.
• Understanding of reward processes such as job evaluation.
• Self-starter with initiative on independent projects.

Responsibilities

• Provide analytical reward expertise supporting reward strategy and projects.
• Develop and run reward management reports and analyze pay trends.
• Lead data input and analysis of market benchmarking and salary surveys.

Skills

Analytical skills

Data analysis

Excel

Business Objects

Education

Experience of analysing complex reward data

Tools

I Trent

Power BI

Job description

Social network you want to login/join with:

At LTE Group we have an exciting opportunity for a Reward Analyst to join us, this is a permanent role, full time (37 hours per week) on a hybrid basis.

The LTE Group is a national, public-sector learning, training and education organisation with a clearly defined mission to ‘improve lives and economic success through learning and skills. Our valued 4,000 colleagues drive our delivery of specialist learning to over 100,000 learners in over 120 UK locations, across our businesses.

What the Reward Analyst role entails.

Reporting to the Head of ER, Policy & Reward, this role will provide analytical reward expertise supporting our reward strategy and reward projects. The role will support the development and implementation and ongoing maintenance of pay and grading structures; developing reports and leading on analysis relating to cyclical reward activity; analysing and interpreting complex data, benchmarking and role evaluation.

As the Reward Analyst, you will be responsible for the following:

• Fulfilling all data and analysis requirements within the Reward function, developing and running reward management reports, analysing and providing insight and recommendations on pay trends, benefit offerings and retention strategies.
• Responsible for harnessing a variety of data sources including iTrent, Business Objects, and Excel to provide deep analytical insights that inform strategic Reward initiatives.
• Work with the Reward Business Partner and Head of ER, Policy and Reward, to identify the most appropriate Reward metrics and reporting requirements tailored to the required audience / business unit.
• Lead the data input, reporting and analysis of market benchmarking and salary surveys including the annual colleague survey and annual Gender Pay Gap reporting and any additional reporting as required.
• Contribute to the ongoing maintenance of existing pay and grading frameworks including salary benchmarking and bonuses, ensuring regular audits are undertaken to ensure compliance across LTE group and internal reward policies.
• Supporting the annual cyclical processes (pay review, bonus, benefits renewals) working collaboratively across the HR team to ensure these are processed on time.
• Supporting the Reward Business Partner, taking a proactive and collaborative approach making recommendations and suggestions to improve reward policies, process and practice as appropriate. Support with reward administration as appropriate.

To be successful in your application we are looking for the following qualifications & experience:

• Experience of reporting on complex reward data, using Excel or Business Objects techniques to present information clearly
• Analysing complex Reward data and reporting on and analysing equality data experience
• An understanding of reward processes e.g. job evaluation
• Providing data for external surveys e.g. market salary surveys, ensuring data meets the requirements of external agencies
• Self-starter with experience of working on own projects with initiative
• Experience of working with I Trent, Power BI and/or equivalent HR systems an advantage

The benefits of working for LTE Group.

• An excellent annual leave entitlement
• in-house ‘Evolve’ training programme offers you the chance to upskill and further your career through a wide range of recognised qualifications.
• Discounts on your health care through Simply Health
• Free, confidential support service provided by an external organisation, PAM Assist
• Cycle to work scheme saving you 25% on your purchase.
• Access to lots of offers with well-known retailers.

Safeguarding

LTE group is committed to safeguarding and promoting the welfare of children and young people and expects all staff and volunteers to share this commitment. All applicants will be required to undergo an appropriate DBS check via the Criminal Records Bureau and may be subject to additional online checks as part of our pre-screening process. Some roles are exempt from the Rehabilitation of Offenders Act 1974 and would require an Enhanced DBS check.

Equal opportunities statement.

The LTE Group is committed to providing an environment free from discrimination, bullying, harassment, or victimisation, where all members of our community are treated with respect and dignity. The LTE Group is committed to working in an inclusive way with all the communities where we are geographically located and to developing a workforce and student community that reflects Greater Manchester’s and the UK’s rich diversity and vibrancy.