Reward Analyst

    City of LondonPermanent£45k - £50k
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    Feb 23
    JN -022025-1977276

    Reward Analyst

    City of London Permanent £45k - £50k

    Reward Analyst

    About the job

    We are seeking a Reward Analyst who thrives in a fast-paced environment and enjoys solving complex challenges. In this role, you'll work alongside passionate professionals, making a real impact by shaping reward strategies that attract, retain, and motivate top talent. Your role goes beyond numbers-you'll build strong stakeholder relationships, navigate risks, and deliver insights that drive business success.

    Key Responsibilities:

    Compensation Analysis

    • Analyse salary and market data to ensure competitive pay structures.
    • Conduct job evaluations and benchmarking.
    • Support annual pay review processes, including budgeting and recommendations.

    Benefits Management

    • Assess and monitor employee benefits programmes for competitiveness.
    • Research and propose benefit enhancements.
    • Manage benefit plan administration, including enrolment and vendor relations.

    Incentives & Reward Strategies

    • Assist in designing and implementing incentive and recognition schemes.
    • Evaluate the effectiveness of reward programmes and suggest improvements.

    Data Management & Reporting

    • Maintain compensation databases and HR systems.
    • Generate reports on trends, pay equity, and cost analysis.
    • Provide data-driven insights to leadership.

    Policy & Compliance

    • Ensure reward programmes comply with legal and internal policies.
    • Support audits and documentation processes.

    Stakeholder Collaboration

    • Partner with HR, finance, and business leaders to align rewards with organisational goals.
    • Act as a key contact for employee compensation and benefits queries.

    This is an exciting opportunity for a detail-oriented professional looking to grow in reward management while making a tangible impact on business performance.