Reward & Data Analyst - Shape Pay Strategy (Hybrid)

Reed; England; Hybrid; GBP 40,000 - 45,000; Full time

Benefits offered by this job

25 days holiday

Enhanced pension

Life assurance

Employee discounts

Professional development

Career progression

Hybrid working

Job summary

Reed is seeking a Reward & Data Analyst to shape reward strategy in a large organisation. The role combines data analysis with rewards expertise to influence business decisions and improve the employee experience.

The successful candidate will conduct salary benchmarking, design incentive schemes, manage benefits, ensure UK compliance and deliver dashboards to support leadership decisions. Hybrid working and strong benefits are offered.

Qualifications

• Proven experience within a Reward, Compensation & Benefits or Reward Analyst role.
• Strong analytical skills with the ability to interpret and present meaningful data insights.
• Experience conducting salary benchmarking and market analysis.
• Knowledge of UK reward practices, employment legislation and employee benefits.
• Experience reviewing and administering incentive schemes and reward programmes.
• Excellent stakeholder management and communication skills.
• Strong attention to detail and a commercially focused mindset.

Responsibilities

• Developing and implementing reward initiatives, policies and programmes.
• Conducting salary benchmarking and market analysis to ensure competitiveness.
• Designing and reviewing incentive, bonus and recognition schemes.
• Supporting annual salary review and pay planning processes.
• Managing and reviewing employee benefits programmes.
• Ensuring reward practices remain compliant with relevant legislation and governance requirements.
• Providing expert advice and recommendations to HR teams and business leaders.
• Producing insightful data analysis, dashboards and reports to support decision-making.
• Identifying opportunities to improve reward processes, systems and data reporting capabilities.
• Communicating reward initiatives clearly and effectively across the organisation.

Skills

Data analysis

Salary benchmarking

Stakeholder management

Reward analytics

Governance

Tools

Excel

Job description

Reed is seeking a Reward & Data Analyst to shape reward strategy in a large organisation. The role combines data analysis with rewards expertise to influence business decisions and improve the employee experience.

The successful candidate will conduct salary benchmarking, design incentive schemes, manage benefits, ensure UK compliance and deliver dashboards to support leadership decisions. Hybrid working and strong benefits are offered.