Reward Analyst in Manchester

Reward Analyst in Manchester

Manchester Full-Time 40000 - 50000 Β£ / year (est.) No working from home possible
Arrow

At a Glance

  • Tasks: Manage reward processes and deliver insightful analytics to support strategic decisions.
  • Company: Join a leading HR team in a dynamic Manchester-based company.
  • Benefits: Enjoy competitive pay, comprehensive benefits, and opportunities for professional growth.
  • Other info: Be part of a collaborative environment with excellent career advancement potential.
  • Why this job: Make a real impact on employee rewards and enhance workplace satisfaction.
  • Qualifications: Experience in reward roles with strong analytical and Excel skills required.

The predicted salary is between 40000 - 50000 Β£ per year.

The Reward Team forms part of the Central HR function. This role is part of the team responsible for the delivery of a competitive, commercially aligned reward offering across the UK & Centre, as well as supporting all international platforms. This involves managing key reward processes, working with third parties, and supporting strategic initiatives, including M&A and change projects.

About the role:

  • Own and deliver core reward cycles, including quarterly bonus accruals, annual benefits enrolment, and regular reward reporting activities.
  • Produce, validate, reconcile, and maintain reward data, ensuring accuracy, consistency, and audit readiness.
  • Develop and maintain reward models, calculations, and analytical tools to support bonus schemes, accruals, and reward decision-making.
  • Provide insightful reward analytics and reporting to HR, Finance, and business leaders to support strategic and operational decisions.
  • Maintain robust governance, controls, and documentation across all reward processes, ensuring compliance and data integrity.
  • Leverage HR systems, including Anaplan, to support reward modelling, reporting, and process optimisation.
  • Utilise market benchmarking and external reward data to inform compensation, benefits, and reward recommendations.
  • Lead the annual benefits enrolment process and drive continuous improvements to the employee benefits experience.
  • Manage and optimise benefits and pension programmes, delivering data-driven recommendations to enhance value and effectiveness.
  • Oversee relationships with third-party reward, benefits, and pension providers, ensuring high-quality and cost-effective service delivery.
  • Own the production, reporting, and integrity of bonus accruals, Long-Term Incentive (LTI) programmes, and Total Reward Statements.
  • Act as a trusted reward subject matter expert, supporting policy development, organisational change, M&A activity, and reward integration initiatives.

About you:

  • Strong experience in a reward or compensation role with a clear analytical focus.
  • Proven track record of managing cyclical reward processes (e.g. bonus cycles, salary/benefits reviews, reporting).
  • Advanced Excel skills, with experience building and maintaining complex models, reconciliations, and large datasets. Anaplan experience desirable.
  • Strong knowledge of job evaluation and grading frameworks (WTW, AON McLagan).
  • Exceptional attention to detail, with the ability to work with sensitive data accurately and consistently.
  • Strong understanding of data governance, controls, and audit requirements within reward processes.
  • Experience with incentive schemes, including bonus accruals and/or long-term incentives.
  • Good knowledge of reward regulation and market practice.
  • Ability to translate data into clear, commercially relevant insight.
  • Confident stakeholder engagement, including with senior leadership.

Reward Analyst in Manchester employer: Arrow

As a Reward Analyst at our Manchester office, you will be part of a dynamic HR team dedicated to delivering competitive and strategically aligned reward offerings. We pride ourselves on fostering a collaborative work culture that values employee growth through continuous learning opportunities and innovative projects. With a focus on data integrity and insightful analytics, we offer a supportive environment where your contributions directly impact our organisational success and employee satisfaction.

Arrow

Contact Details:

Arrow Recruitment Team

We think you need these skills to ace Reward Analyst in Manchester

Analytical Skills
Reward Management
Data Validation
Excel (Advanced)
Anaplan
Job Evaluation Frameworks (WTW, AON McLagan)
Attention to Detail