Senior Reward Analyst

Job Description:

Senior Reward Analyst to deliver high quality analytics, insights and reward projects and processes.

The role will be central to delivering reward analysis, statutory reporting, and the evolution of reward processes, ensuring data integrity, compliance, and a seamless experience for stakeholders.

Client Details

The company is a global omni-channel provider of products and services for the property and building space.

With a global presence the business is circa £400billion is size with aggressive growth plans

Description

Reward Strategy & Governance

• Support the design and execution of the reward strategy in alignment with global reward principles.
• Ensure reward frameworks are fair, competitive, and compliant with regional legislation across multiple markets.
• Provide expert input into global reward initiatives, representing the unique needs of the different markets.

· Lead and deliver reward projects, for example:

• Enhancements to incentive frameworks (AIP, sales incentives, EPT alignment).
• Reward governance improvements.
• Benefits harmonisation and process optimisation.
• Reward initiatives linked to strategy or regulatory changes.
• Conduct scenario modelling, costing, and impact assessments for proposed changes.

Compensation

• Support annual compensation cycles for allocated markets, including salary review and bonus planning.
• Review market benchmarking, analyse pay data, and recommend changes to maintain competitive reward positioning.
• Manage job evaluation, career frameworks, and internal pay structures.
• Partner with People and business leaders to advise on pay proposals, promotions, and organisational design changes.

Benefits

• Partner with People Business Partners to review the benefit offering and contribute to the evolution of wellbeing, pension, and insurance offerings across the company.

Performance & Incentives

• Support delivery and optimisation of bonus, sales incentive, and recognition programmes.
• Analyse performance related reward outcomes to ensure fairness and alignment with business goals.

Compliance & Risk Management

• Ensure reward practices meet legal, tax, and regulatory requirements across global jurisdictions.
• Maintain strong governance standards, including pay equity, gender pay reporting, and audit compliance.

Data, Insights & Reporting

• Produce data-driven reward insights to support decision-making.
• Analyse reward trends and recommend proactive enhancements.
• Translate complex analysis into clear, concise insights for senior stakeholders.

Stakeholder Management

• Act as a trusted subject matter expert to People teams and senior leaders as appropriate.
• Train People Business Partners and People Managers on reward frameworks and processes.
• Collaborate with centres of excellence, finance, payroll, and global reward partners.

Profile

Looking for a candidate with

• A strong background in reward analysis / compensation & benefits within a multinational environment
• Strong experience within reward practices, new legislation and market trends
• ability to manage international & complex reward cycles
• Great stakeholder management and communication skills
• Strong data analysis, modelling & systems experience
• Attention to detail and a results-driven approach.
• Experience with relevant software and tools for reward management.

Job Offer

• A competitive salary range
• 6 month position with opportunity to extend
• London based office with hybrid working
• Potential for professional growth within the Reward department
• Engagement in meaningful and impactful reward projects.

If you are ready to take on a challenging yet rewarding role as a Senior Reward Analyst in the retail industry, we encourage you to apply today.