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Rewards Analyst

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Job Summary

  • London
  • Permanent
  • JN -012024-1953327
  • Jan 04, 2024
  • £50k - £55k
Job Description

New Year - New Job! Are you a Reward Analyst looking for a new challenge? Call me on 07951831705 to discuss this role in more detail

Reward Analyst

£55,000 circa full time, would consider part time

London - central

The role is responsible for assisting the Reward Business Partner with support across all elements of reward and benefits administration including but not limited to; management information (MI) and HR systems, annual benefits review, ad hoc benefit analysis, wellbeing initiatives, salary & bonus year-end review, providing regular and ad-hoc MI, acting as a HR system super-user, providing second-level support for employees and managers, and assisting with any other HR projects as required.

Reward Administration

  • Update reward database (Excel) on a regular basis to ensure joiners, leavers, staff movements, compensation commitments and job matches have been accurately captured.
  • Support the Reward Assistant Manager with annual compensation benchmarking submission
  • Monthly Finance reporting for future bonus commitments.
  • Provide support to ad-hoc queries and reporting requirements
  • Support the Reward Business Partner with the year-end process where required
  • Ensuring all employee documentation (electronic and paper) is saved to the relevant employee file
  • Provide support to ad-hoc queries and reporting requirements.
  • Daily management of the Reward Inbox to ensure a timely replay to all employee emails
  • Support on the HCM project where required

Benefits Administration

  • Provide support to Benefits Manager on all aspects of Benefits administration
  • Support the Benefits Manager on the creation and maintenance of benefit & wellbeing toolkits
  • Manage the 3rd party benefits platform with the provider. This will involve uploading and downloading data, information management, including configuration changes and resolving queries.
  • Manage monthly reporting for the benefits portal, ensuring providers have relevant information
  • Process benefit invoices, ensuring fees reconcile with employee membership
  • Support the renewal of benefits on annual basis for all locations and entities.
  • Provide 'first-line' support for employee benefit related queries and work closely with HR Ops and Payroll to ensure seamless end-to-end processes
  • Create and maintain Reward & Benefit related pages on the Hub (intranet) to enable employee self-service.

MI and Data Analytics

  • Produce accurate metrics and analytics for MI using a range of media and sources, both internal and external.
  • Support the delivery of quality HR MI reporting and take ownership of assigned routine

reports, presenting complex data in thoughtful and clear manner using different media

General

  • Responding to benchmarking requests
  • Arrange meetings for the Reward & Benefits team
  • Produce supporting meeting material and presentations for the Reward & Benefits team
  • Create and maintain procedure documents for all critical Reward and Benefit processes.
  • Ensure SOX evidence file is maintained for SOX controls and Internal Audit requests.
  • Maintain all electronic and physical documents in support of the Company's reward and benefit plans
  • Assisting with the regular review of Reward and Benefit procedures and documentation, archiving historical reward and benefits data, documents etc
  • Act as a 'Super-User' for HR systems: Open HR, online benefits portal, Intertrust, Morgan Stanley, Curo etc.
  • Support other HR initiatives as required

To be considered for the role you will need to be:

  • Numerate with strong attention to detail and the ability to demonstrate an inquisitive approach to work
  • Interest in employee benefit and wellbeing initiatives
  • Detail focussed with good forward planning skills and ability to apply learning experiences to continually improve performance
  • Good understanding of technical HR systems, reporting and testing is essential
  • Experience of working within a confidential environment and/or HR team is desirable
  • Highly organised with demonstrable project management skills
  • Able to work under pressure whilst responding rapidly to changes and still meeting deadlines
  • Possessing drive, energy and pace with a continuous appetite to strive for excellence
  • Good management and team leading skills with the ability to prioritise and effectively plan multiple tasks
  • Clear and concise written, and oral communication and presentation skills
  • Good IT skills, familiar with Microsoft suite

CANDIDATE PROFILE, SKILLS AND KNOWLEDGE

  • Advanced user of Excel (pivot tables, VLookup, IF formulas) and have experience of large data-set management/extraction from a global HRIS. A high degree of numeracy is required.
  • Proven numeracy and literacy skills and be excellent communicator both written and oral
  • Highly organised with demonstrable project management skills managing the expectations of multiple stakeholders and delivering solutions for complex issues
  • Able to work under pressure whilst responding rapidly to changes and still meeting deadlines
  • Possessing drive, energy and pace with a continuous appetite to strive for excellence
  • The ability to prioritise and effectively plan
  • Exercise initiative, lateral thinking and flexibility.
  • Accuracy and attention to detail, with the ability to propose realistic recommendations

Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.

BY APPLYING FOR THIS ROLE YOU ARE AGREEING TO OUR TERMS OF SERVICE WHICH TOGETHER WITH OUR PRIVACY STATEMENT GOVERN YOUR USE OF MORGAN MCKINLEY SERVICES.

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Consultant Details

Consultant Details

Marijana Lawton
Marijana Lawton