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- Tasks: Support and evolve compensation, benefits, and wellbeing programs to enhance employee experience.
- Company: Join an innovative FMCG manufacturing business making a real difference in employee wellbeing.
- Benefits: Enjoy a permanent role with opportunities for professional growth and impactful initiatives.
- Why this job: Be part of a team that shapes employee engagement through data-driven strategies and wellbeing initiatives.
- Qualifications: 2+ years in compensation or rewards roles; strong analytical skills and HR systems experience required.
- Other info: Based in West London, collaborate with cross-functional teams and contribute to meaningful change.
The predicted salary is between 36000 - 60000 £ per year.
Are you passionate about shaping a compelling employee experience through data-driven compensation and wellbeing strategies?
Can you describe a time when you used data to influence or improve a compensation or benefits decision? What tools did you use, and what was the outcome?
What wellbeing initiative or reward program have you contributed to or implemented that you feel had the greatest impact on employee engagement or retention?
Macgregor Black are partnering with an Innovative FMCG Manufacturing business to recruit a Total Rewards Analyst. This is a permanent position based in West London, offering the opportunity to support and evolve compensation, benefits, and wellbeing programs that make a real difference to employees.
As the Total Rewards Analyst, you will play a vital role in supporting the design and delivery of compensation and wellbeing initiatives across the business. Reporting to the Head of Total Rewards and working closely with HR and external partners, you'll ensure reward practices are aligned with company strategy, market benchmarks, and compliance standards.
Key Responsibilities:
- Support the annual compensation review process, including salary and bonus cycles.
- Collaborate with cross-functional teams and third-party vendors to promote best practices and drive process compliance.
- Contribute to benchmarking and market analysis using tools such as Korn Ferry and Mercer.
- Manage monthly benefits administration, ensuring accurate data and timely reporting.
- Partner with stakeholders to identify opportunities to improve the total rewards strategy.
- Assist in the annual benefits renewal process, from vendor proposal review to internal communications and systems updates.
- Co-create and implement wellbeing initiatives alongside the Wellbeing Coordinator, contributing to a clear and actionable wellbeing roadmap.
- Conduct compensation analysis to support pay structure evaluations and reporting (e.g., gender pay gap, pay equity).
- Act as a central point of contact for compensation and benefits queries across HR, payroll, and business units.
What are we looking for?
- At least 2 years’ experience in a compensation, rewards, or total rewards role.
- Comfortable working with HR systems such as Workday and benefits platforms.
- Strong analytical mindset with a keen eye for detail and accuracy.
- Skilled in Excel with experience in Power BI a strong plus.
- Excellent time management and organisational skills.
- Familiarity with gender pay gap reporting and equity practices.
- Experience supporting unionised environments or union negotiations (desirable).
For more information, please contact Alice Redmond.
Contact Detail:
MacGregor Black Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Total Rewards Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in compensation and benefits. Research industry benchmarks and be prepared to discuss how you can apply this knowledge to enhance the total rewards strategy at StudySmarter.
✨Tip Number 2
Brush up on your analytical skills, especially in Excel and Power BI. Being able to demonstrate your proficiency with these tools during discussions will show that you're ready to tackle data-driven challenges head-on.
✨Tip Number 3
Think of specific examples from your past experience where you've successfully influenced compensation or benefits decisions using data. Be ready to share these stories in interviews to highlight your impact and analytical mindset.
✨Tip Number 4
Network with professionals in the total rewards field. Engaging with others in the industry can provide insights into best practices and may even lead to referrals or recommendations for the role at StudySmarter.
We think you need these skills to ace Total Rewards Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compensation and rewards. Use specific examples that demonstrate your analytical skills and familiarity with HR systems like Workday.
Craft a Compelling Cover Letter: In your cover letter, address the key responsibilities mentioned in the job description. Share specific instances where you've used data to influence compensation decisions or implemented wellbeing initiatives.
Prepare for Questions: Anticipate questions related to your experience with tools like Korn Ferry and Mercer. Be ready to discuss how you've contributed to employee engagement or retention through reward programs.
Showcase Your Analytical Skills: Highlight your proficiency in Excel and any experience with Power BI. Provide examples of how you've conducted compensation analysis or supported pay structure evaluations in previous roles.
How to prepare for a job interview at MacGregor Black
✨Showcase Your Analytical Skills
As a Total Rewards Analyst, your ability to analyse data is crucial. Be prepared to discuss specific examples where you've used data to influence compensation or benefits decisions. Highlight the tools you used, such as Excel or Power BI, and the positive outcomes of your analyses.
✨Demonstrate Knowledge of Wellbeing Initiatives
Think about any wellbeing initiatives or reward programmes you've contributed to in the past. Be ready to explain how these initiatives impacted employee engagement or retention, and what your role was in their implementation.
✨Familiarise Yourself with Industry Standards
Research current trends in compensation and benefits within the FMCG sector. Understanding market benchmarks and compliance standards will show that you're proactive and knowledgeable, which is essential for this role.
✨Prepare for Cross-Functional Collaboration Questions
Since the role involves working closely with HR and external partners, be prepared to discuss your experience in collaborating with different teams. Share examples of how you've promoted best practices and driven process compliance in previous roles.
