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Rewards Analyst

3 weeks ago

London, UK, United Kingdom Humankind Global Recruitment Full time

Rewards Analyst

Location: London Hybrid 2 days per week

Salary: 60k - 70K



Our client is a boutique consultancy based in London, with subsidiary offices in Canada, Antigua, the Czech Republic, and Switzerland. Our client is at the forefront of strategic, HR, financial, and procurement consulting. They serve as strategic partners for clients to achieve business results through employee value.


The Role


In order to attract, retain, engage and motivate their workforce, They need a Reward programme that makes them attractive to the best talent whilst remaining consistent with their values and culture. You will play a crucial role in this process by acting as a key advisor in the implementation of the reward strategy and taking a leading role in exciting projects that will enhance the current reward activities and capabilities of our business.


Responsibilities


Key responsibilities include:


  • Annual Compensation Review, manage the administration, supporting the Reward Manager in the planning and governance of the end-to-end process. This includes auditing data, managing queries, data analysis, report generation and system administration
  • Responsible for salary benchmarking for new roles, promotions, internal transfers and out of cycles increases
  • Partnering with and training HR Business Partners – including Base Salary & Bonus Review processes, Job Levelling, Benchmarking
  • Responsible for the salary and benefits survey submission process and co-ordinating the job levelling and matching process. Ensuring the Job Catalogue and benchmarking processes are regularly updated
  • Partnering, consulting and advising HR Directors to support their Reward requirements
  • Benefits- supporting the Reward Manager in a benefits consultancy model including preparing market and cost analysis and reviewing offerings, ensuring benefits are meeting the Global Reward Strategy
  • Recognition- work with the Reward Manager on managing the global programme, including reporting and assisting with the promotion of the programme
  • Compensation Analysis- including Gender Pay Gap Reporting, Compensation vs Performance and other ad-hoc reports
  • Mobility- preparing salary and cost analysis for global moves including net-net and cost of living comparisons, total costs for approval and supporting with the Global Mobility strategy
  • Keeping up-to-date with Total Reward market practices
  • Support in ad-hoc Reward activities, projects and initiatives



The candidate


  • Experience of using an external market data source to draw insights on competitiveness of internal compensation levels and practices
  • Experience of supporting at least two full global compensation review processes
  • Experience of using a HRIS to administrate compensation data
  • Passionate about a dedicated career in Reward
  • An understanding of data analysis
  • Analytical and problem solving skills
  • Intermediate to advanced Excel skills
  • Excellent communication skills and a positive ‘can do’ attitude
  • Previous experience working in a Reward focused role
  • Logical, methodical and systematic with a keen eye for detail
  • Highly organised and able to work to competitive deadlines
  • Private sector experience preferable
  • Knowledge of Willis Towers Watson methodology desirable
  • Experience of SAP SuccessFactors knowledge desirable


If your interested in applying or want a confidential chat about the role please do not hesitate in applying.