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Senior Reward Analyst

The TJX Companies, Inc.

Watford

On-site

GBP 40,000 - 60,000

Full time

2 days ago
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Job summary

A leading company in off-price retail is seeking a member of its European Reward team in Watford, UK. The position requires support in developing and managing Compensation and Benefits policies across Europe, focusing on data analysis, market reviews, and compliance. This opportunity promises growth and advancement in a collaborative environment.

Qualifications

  • Degree or equivalent experience required.
  • Advanced Excel and strong analytical skills essential.
  • Proven compensation and benefits experience required.

Responsibilities

  • Support TJX Europe Reward strategy and manage compensation programs.
  • Conduct market reviews and data analysis for decision making.
  • Manage salary survey processes and job evaluations.

Skills

Advanced Excel skills
Strong communication skills
Strong analytical skills
Organised and accurate

Education

Degree Level or equivalent experience

Tools

HR Information Systems

Job description

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
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