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- Tasks: Join a dynamic team to analyse and optimise global compensation initiatives.
- Company: Catalyst Partners collaborates with a top private equity firm in London.
- Benefits: Enjoy hybrid work options and competitive salary packages.
- Why this job: Make a real impact through analytics while working in a supportive culture.
- Qualifications: Experience in compensation or reward, strong analytical skills, and advanced Excel proficiency required.
- Other info: Opportunity to work with senior leadership and influence key business decisions.
The predicted salary is between 47000 - 67000 £ per year.
Location: London (hybrid)
Sector: Private Equity
Salary: £55,000 - £75,000
Position Overview: Catalyst Partners are delighted to be partnering with a leading private equity firm who are seeking a highly analytical Reward Associate to join their brilliant team. Working alongside Reward leadership and HR partners, you'll be instrumental in managing, analysing, and optimising their global compensation initiatives. You will also support key processes such as salary cycles, incentive programs, and employee co-investment schemes. This role is perfect for someone who thrives at the intersection of analytics and business impact.
Key Responsibilities:
- Leading aspects of the annual compensation cycle and ensuring smooth execution.
- Managing the HRIS system (Workday) to support reward operations.
- Driving the rollout of employee equity and co-investment programs.
- Creating interactive dashboards and data visualisations using Excel and Power BI for strategic decision-making.
- Preparing high-quality reports and presentations for senior leadership.
- Supporting compensation integration efforts following acquisitions and business changes.
- Calculating bonus and equity payouts, ensuring alignment with policies and business events.
- Assisting in drafting committee reports related to compensation decisions.
- Conducting benchmarking analyses for new hires and internal promotions.
- Designing predictive models to support compensation planning and scenario forecasting.
- Acting as a trusted advisor on reward-related inquiries, helping HR and business leaders with data-driven insights.
Desired Experience:
- Experience in compensation or reward, ideally within an in-house or consulting role.
- Exceptional attention to detail and a commitment to data integrity.
- Strong analytical skills, including expertise in managing large datasets.
- Advanced Excel proficiency, with experience in data visualisation.
- Familiarity with market benchmarking methodologies.
- Solid understanding of compensation structures and reward principles.
- Ability to communicate data-driven insights clearly via presentations.
- A natural problem solver with a keen analytical mindset.
- Comfortable working in Workday and/or McLagan compensation tools.
Contact Detail:
Catalyst Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Rewards Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in compensation and reward management. Understanding current market practices will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 2
Network with professionals in the private equity sector, especially those working in HR or compensation roles. Engaging with them can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your Excel and Power BI skills, as these are crucial for the role. Consider taking online courses or tutorials to enhance your data visualisation capabilities, which will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss specific examples of how you've used data to drive decision-making in previous roles. Being able to articulate your analytical process will showcase your fit for the Rewards Analyst position.
We think you need these skills to ace Rewards Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compensation or reward roles. Emphasise your analytical skills and any specific tools you've used, such as Excel or Power BI, to demonstrate your fit for the Rewards Analyst position.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the key responsibilities, such as managing HRIS systems or conducting benchmarking analyses, to show you understand the job requirements.
Showcase Analytical Skills: Provide examples of past projects where you've successfully managed large datasets or created data visualisations. This will help illustrate your strong analytical skills and attention to detail, which are crucial for the Rewards Analyst role.
Prepare for Potential Questions: Think about how you would answer questions related to compensation structures and reward principles. Be ready to discuss your experience with salary cycles and incentive programs, as well as how you can contribute to the company's goals.
How to prepare for a job interview at Catalyst Partners
✨Showcase Your Analytical Skills
As a Rewards Analyst, your analytical skills are crucial. Be prepared to discuss specific examples of how you've used data to drive decisions in previous roles. Highlight any experience with tools like Excel and Power BI, as well as your ability to create dashboards and visualisations.
✨Understand Compensation Structures
Familiarise yourself with various compensation structures and reward principles before the interview. This knowledge will help you answer questions confidently and demonstrate your understanding of the industry, which is essential for the role.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about past experiences where you had to analyse data or manage compensation processes, and be ready to explain your thought process and the outcomes.
✨Communicate Clearly and Effectively
Since you'll be preparing reports and presentations for senior leadership, practice articulating complex data insights in a clear and concise manner. Use examples from your past work to illustrate how you can communicate effectively with stakeholders.
