Reward Analyst

Seiko Epson Corporation; Watford; On-site; GBP 38,000 - 47,000; Full time

Benefits offered by this job

Private healthcare

Life cover

Gym membership

Employee discounts on Epson and Seiko

Hybrid working

25 days holiday

Employee Assistance Program

Job summary

Seiko Epson Corporation in the United Kingdom is seeking a Compensation Analyst to support our reward strategy across Europe. You will transform complex data into insights and recommendations, ensuring reward practices stay competitive and cost-effective.

You will analyse reward data, develop spreadsheet models, perform job matching and benchmarking, and support annual reward cycles. Strong Excel and analytical skills are essential.

Qualifications

• Experience in reward (compensation & benefits), ideally in an international or European context.
• Proficiency in pay benchmarking, job matching, and working with external benchmarking providers.
• Experience supporting annual reward cycles using technology.
• Advanced Excel skills and strong analytical abilities.
• Attention to detail and problem-solving skills.
• Strong communication skills to present data insights.
• Ability to work flexibly and collaboratively with HR teams and external partners.
• Self-motivated and able to manage deadlines.
• Fluent in English; other European languages are beneficial.

Responsibilities

• Analyse reward data to provide insights for decisions on compensation and benefits.
• Develop and maintain spreadsheet models to consolidate and analyse data.
• Perform job matching and benchmarking to assess market positioning.
• Support annual data submissions to benchmarking providers and analyse results.
• Monitor market trends and gather insights from third-party providers.
• Participate in annual reward cycle activities, including salary and bonus reviews.
• Update key data in HR systems to support reward processes.
• Provide advice on international transfers, assignments, and remote working requests.
• Administer data processing of short-term business visitor travel to ensure compliance.
• Maintain policy, procedure, and process documents.
• Communicate and share knowledge to enhance understanding of reward processes.
• Coordinate procurement processes and track the reward budget.
• Participate in projects as required.

Skills

Advanced Excel

Analytical skills

Reward experience

Pay benchmarking

Job matching

Data analysis

Communication skills

Deadline management

English fluency

Tools

Benchmarking tools

Job description

Are you ready for an exciting opportunity? We are seeking a dynamic Compensation Analyst to support our reward strategy across Europe. You will transform complex data into meaningful insights and actionable recommendations, ensuring our reward practices remain competitive and cost-effective.

Your role will involve analysing reward data, developing spreadsheet models, performing job matching and benchmarking, and supporting annual reward cycles. Additionally, you will monitor market trends, update HR systems, analyse and manage data for short-term business visitor compliance and provide advice on international transfers. Join us to make a significant impact on our reward strategy and help shape our future success!

What will you do:

• Analyse reward data to provide insights for decisions on compensation and benefits.
• Develop and maintain spreadsheet models to consolidate and analyse data.
• Perform job matching and benchmarking to assess market positioning.
• Support annual data submissions to benchmarking providers and analyse results.
• Monitor market trends and gather insights from third-party providers.
• Participate in annual reward cycle activities, including salary and bonus reviews.
• Update key data in HR systems to support reward processes.
• Provide advice on international transfers, assignments, and remote working requests.
• Administer the data processing of short-term business visitor travel to ensure compliance with necessary legislation.
• Provide advice on international transfers, assignments, and remote working requests.
• Maintain policy, procedure, and process documents.
• Communicate and share knowledge to enhance understanding of reward processes.
• Coordinate procurement processes and track the reward budget.
• Participate in projects as required.

What we ask for:

• Experience in reward (compensation & benefits), ideally in an international or European context.
• Proficiency in pay benchmarking, job matching, and working with external benchmarking providers.
• Experience supporting annual reward cycles using technology.
• Advanced Excel skills and strong analytical abilities.
• Attention to detail and problem-solving skills.
• Strong communication skills to present data insights.
• Ability to work flexibly and collaboratively with HR teams and external partners.
• Self-motivated and able to manage deadlines.
• Fluent in English; other European languages are beneficial.

We are keen to hear from you even if you don’t match all listed requirements, but you identify with our brand and passion for innovation.

What do we offer:

You will have access to a wide range of flexible benefits including a strong contributory plan, private healthcare, life cover, gym membership, an Employee Assistance Program, employee discounts on Epson and Seiko products, and more. Epson also promotes hybrid working, with a minimum of 25 days holiday per year.

We aspire to be an indispensable company, trusted throughout the world for our commitment to openness, customer satisfaction and sustainability. We respect individuality while promoting teamwork, and we are committed to delivering unique value through innovative and creative solutions.

Our commitment to the environment

We all have a role to play in building a better future. For Epson, being a sustainable company means being mindful of every aspect of our organisation - from the smallest lightbulb to the largest factory. It fuels our innovation, drives our growth, motivates our workforce and, ultimately, contributes to society.

Our people

We believe a healthy culture, strong values, teamwork, and contribution from a diverse range of individuals will help us to strive for excellence.

Our brand

Ranked by Clarivate Analytics as a Top 100 Global Innovator brand for the last seven years running