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Reward Analyst

4 months ago

Andover, United Kingdom Appcastenterprise Full time

At Simplyhealth we have a rare opportunity to join our People team as a Reward Analyst.

Reporting to our Head of Reward, you’ll lead on the coordination of all fixed and variable compensation initiatives, including base pay, grading structures and salary bands, pay benchmarking, commission schemes and group bonus, in line with our Reward Strategy.

In this varied role you'll also support with wider HR and reward projects such as systems, management information, people analytics, and colleague benefits.

Key responsibilities
- Maintain and review Simplyhealth’s job levelling framework and provide advice on pay and grading to internal stakeholders
- Coordinate all pay benchmarking, ensuring survey submissions are completed accurately and on-time
- Manage and update the company’s pay ranges, ensuring figures are up to date and accurate, with supporting materials to support managers
- Conduct gender pay gap and equal pay audit analysis and support development of formal reports
- Coordinate the annual pay review process and annual bonus process, providing cost-models and projections, maintaining budgets, gathering manager and leader input into pay and bonus decisions, and coordinating communication of pay and bonus outcomes
- Coordinate quarterly pay exception reviews
- Support analysis and review of existing sales commission schemes, helping to develop proposals and implement new and revised scheme where appropriate
- Support reviews of Executive pay, bonus and LTIP arrangements, including contributing to the Remuneration Committee process
- Develop a suite of standard reports regarding pay (including commission schemes where relevant) that can be delivered simply to internal stakeholders on a monthly/quarterly/annual basis to provide key insights on people trends and demographics and supportdata-driven decision making
- Provide reporting and analysis on an ad-hoc basis as required
- Support HR systems development and updates, including integration between systems and general HR people data requirements

**We’re interested in what you do and how you do things, not when and where you do them. Our ‘smart working’ approach gives you the best of all worlds - working from home, in our modern offices in Hampshire or on the move. This means depending on yourrole, there will be opportunities to flex when and where you spend your time to perform at your very best. For many of us this means day to day work can be handled remotely, but there will also be times when we need to come together in the office to collaborate,attend training sessions, induction, briefings and more. You might know it as flexible or hybrid working, for us it’s just another day living our best lives