Strategic Reward Analyst: Data & Insights

Lumesse; Milton Keynes; On-site; GBP 38,000 - 68,000; Full time

Job summary

Lumesse in Milton Keynes is seeking a Reward Analyst to deliver accurate reward data, analysis, and insights to shape the group’s reward strategy. You will support annual cycles, including pay reviews, bonuses, and benchmarking, through modelling, reporting and data quality assurance.

As part of the Reward Team, you will act as the first point of contact for reward data, ensuring compliance reporting and effective use of People systems, with close collaboration across Payroll, Finance and the

Qualifications

• Experience as an analyst using HR, reward or workforce data.
• Advanced Excel with pivot tables and lookups.
• Experience with salary benchmarking or market pay analysis.
• Experience with reward cycle modelling.
• Experience with Workday or comparable HCM tools.
• CIPD qualification or studying towards.
• Degree or professional qualification in a numerate field.
• Ability to present data clearly and communicate complex information.

Responsibilities

• Build, maintain and quality-assure reward models and reports, including pay review and bonus/incentive modelling.
• Support the annual reward cycle by preparing and validating data, and reconciling outputs with Payroll and Finance.
• Carry out salary benchmarking and market pay analysis, including submissions to external salary surveys, presenting findings in a clear format.
• Analyse pay data to support compliance with legal and regulatory requirements.
• Produce regular reward management information and dashboards for the Reward Team, People Team and senior stakeholders.
• Provide data and analysis to support Remuneration Committee and senior leadership papers.
• Update and maintain reward matrices, pay structures and job evaluation/levelling records.
• Analyse benefit take-up, costs and provider performance data to support renewals and reviews.
• Support operation/maintenance of the HR System and reward reports to ensure data accuracy.
• Work with Payroll, Finance and People team to maintain data integrity and resolve discrepancies.
• Identify opportunities to automate and improve reward reporting and processes.
• Respond to ad hoc data requests across the business, maintaining confidentiality.

Skills

Advanced Excel

Data analysis

Power BI

Strong numeracy

Analytical thinking

Communication skills

Discretion with sensitive data

Organisational skills

Self-motivated

Team player

Problem solving

Education

CIPD qualification / studying towards

Degree in a numerate or analytical discipline

Tools

Workday

HRIS

Job description

Lumesse in Milton Keynes is seeking a Reward Analyst to deliver accurate reward data, analysis, and insights to shape the group’s reward strategy. You will support annual cycles, including pay reviews, bonuses, and benchmarking, through modelling, reporting and data quality assurance.

As part of the Reward Team, you will act as the first point of contact for reward data, ensuring compliance reporting and effective use of People systems, with close collaboration across Payroll, Finance and the