Senior Reward Analyst

TJX EUROPE; Watford; On-site; GBP 35,000 - 55,000; Full time

Job summary

Join TJX Europe's vibrant team as a Compensation and Benefits Analyst, supporting the development and implementation of HR strategies across Europe. You will leverage your analytical skills, Excel expertise, and HR knowledge to improve compensation frameworks, assisting in employee satisfaction and compliance. With a commitment to diversity and professional growth, this is an opportunity to make a significant impact in a leading global organization.

Benefits

Competitive salary and benefits package

Opportunities for growth and development

Qualifications

• Proven compensation and benefits experience required.
• Ability to handle highly confidential data without prejudice.
• Flexible and adaptable approach to changing business needs.

Responsibilities

• Assist in the development and administration of Compensation and Benefits policies across Europe.
• Conduct market reviews and produce detailed data analysis to support compensation decisions.
• Manage compliance with European Pay Transparency Directive.

Skills

Advanced Excel

Numeracy

Analytical skills

Communication

Presentation skills

Education

Degree Level or equivalent experience

Tools

HR Information Systems

Job description

TJX is an exciting place to work and we count on our Associates to bring our business to life. Staying true to our open, collaborative culture and values of honesty, integrity, and treating each other with dignity and respect is a top priority for us. TJX Europe

At TJX Europe, every day brings new opportunities for growth, exploration, and achievement. You'll be part of our vibrant team that embraces diversity, fosters collaboration, and prioritises your development. Whether you're working in our Distribution Centers, Corporate Offices, or Retail Stores-TK Maxx & Homesense, you'll find abundant opportunities to learn, thrive, and make an impact. Come join our TJX team-a Fortune 100 company and the world's leading off-price retailer.

Job Description:

JOB SUMMARY

Acting as a member of the European Reward team, assists and supports the development, implementation and administration of Compensation and Benefits policies and programmes across Europe.

Take ownership and accountability of service and performance, constantly finding ways of improving the service to deliver strong performance.

KEY RESPONSIBILITIES

• Support and champion TJX Europe Reward strategy and philosophy
• Act as a point of contact for Reward related queries, ensuring timely and accurate support to internal stakeholders
• Conduct market reviews and benchmarking analysis by collecting relevant data from multiple sources
• Produce detailed data analysis, modelling, and evaluation exercise and prepares accurate reports to support compensation related decision making
• Support the development of Salary Structures and Ranges and maintain the Country Job Matrices and other Reward templates
• Manage the annual compensation programs, systems and processes across Europe, including, but not limited to, pay reviews, long- and short-term incentive plans and stock option administration
• Monitor and support compliance with the European Pay Transparency Directive
• Assist completing annual Gender Pay Gap Reporting
• Keeping up to date with country specific reporting requirements and assisting in the development of transparency-related compensation processes
• Create and present reward insights to key stakeholders
• Manage the salary and benefits survey process, including representation at the regional survey's meetings and job matching sessions; submission and verification of the data, and results analysis using appropriate tools and software
• Conduct job evaluations using tools such as the Willis Towers Watson Global Grading System
• Support the monthly, quarterly Exec update with key insights and analytics
• Support the European benefits programmes
• Share knowledge across the team and ensure the team is upskilled on processes
• Support and upskill the Reward Analysts and Reward Coordinator in the team
• Develop effective working relationship with HRBPs, the HR community, business managers, global total rewards and third-party providers
• Support ad hoc projects and other Reward initiatives

Key Skills, Knowledge & Experience

• Degree Level or equivalent experience
• Advanced Excel skills essential
• Another European language an advantage
• High level of numeracy and statistics
• Strong communication and presentation skills
• Knowledge of job evaluation.
• Strong analytical skills
• Organised, accurate and with very strong focus on attention to detail
• Ability to use initiative, generating innovative ideas and providing effective solutions
• Able to respond quickly and effectively to customer needs
• Ability to work under pressure to tight deadlines
• HR Information Systems experience desirable
• Ability to handle highly confidential data without prejudice
• Proven compensation and benefits experience required
• Flexible and adaptable approach to meet changing business and work circumstances.

As proud as we are of our past success, it's our future that excites us most. We strive to provide opportunities for growth, recognition and a competitive salary and benefits package. Share our determination to think bolder and bigger, and be part of our future. We consider all applicants for employment without regard to age, disability, gender, gender reassignment, marriage and civil partnerships, pregnancy and maternity, race, religion or belief and/or sexual orientation.

Address:

73 Clarendon Road

Location:

EUR Home Office Watford GB