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- Tasks: Support annual compensation events and conduct data analysis for the Reward team.
- Company: Join CMS UK, a dynamic company in Edinburgh with a focus on rewards and benefits.
- Benefits: Enjoy a competitive salary, flexible working, generous holidays, and private medical insurance.
- Why this job: Be part of a transformative team and make an impact on global reward projects.
- Qualifications: Strong analytical skills and experience in reward analytics or similar roles.
- Other info: Opportunity for career growth in a fast-paced, supportive environment.
The predicted salary is between 28800 - 48000 £ per year.
CMS UK Edinburgh, Scotland, United Kingdom
Reward Analyst
Join to apply for the Reward Analyst role at CMS UK
Are you a Reward Analyst who is looking for a new and exciting role in a busy Reward & Benefits team?
As Reward Analyst at CMS you will support in delivering all annual compensation events (including annual salary & bonus reviews and pay gap reporting), conducting regular and ad-hoc data analysis and completing other BAU reward activities such as role benchmarking, external market survey submissions and responding to queries.
About The Team
This is an exciting opportunity to join a busy Reward & Benefits team during a period of transformation, including the delivery of Advanced Compensation in Workday and significant global Reward projects.
Key Responsibilities
- Support with the submission of salary surveys for the UK and international offices, analyse survey outputs and provide the business with accurate market benchmarking data
- Conduct detailed analyses and review market data to support the Reward team in ensuring that the company remains competitive in the relevant market
- Support in the delivery of the global salary and bonus review cycles, providing market analysis to support during the process and in the completion of any post-annual review cycle analysis
- Support with the delivery of data to deliver annual pay gap and EU pay transparency reporting, providing data analysis as required
- Respond to queries related to policies and processes, escalating as required
- Support the ongoing development of Workday Advanced Compensation
Essential Qualifications
- Experience of role benchmarking and evaluation
- Experience of working directly with the Business in a Reward or similar analytics role
- Strong analytical skills with the ability to analyse and explain complex market data and draw conclusions
- Strong proficiency in Excel
- Highly organised with ability to manage multiple priorities in a fast-paced environment
- Excellent analytical, problem solving, and time-management skills
Desirable Qualifications
- Experience of PowerBI, VBA and SQL or a willingness to learn
- Experience of salary benchmarking for roles outside the UK
- Previous experience of pay gap reporting
Benefits
- Competitive basic salary (reviewed annually)
- Flexible, hybrid working policy
- Generous bonus scheme
- Up to 25 days holiday (rising to 28 days with service)
- Holiday exchange scheme
- Private medical insurance
- Enhanced parental leave
- Reasonable adjustments and accommodation for disabled talent in accordance with the Equality Act 2010.
If you would like to read more information regarding our range of benefits, please visit our Rewards & Benefits page on our website.
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Reward Analyst employer: CMS UK
Contact Detail:
CMS UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Analyst
✨Tip Number 1
Network like a pro! Reach out to current or former employees at CMS UK on LinkedIn. A friendly chat can give us insider info and might even lead to a referral.
✨Tip Number 2
Prepare for the interview by researching CMS UK’s recent projects and initiatives in the Reward & Benefits space. We want to show that we’re genuinely interested and ready to contribute!
✨Tip Number 3
Practice common interview questions related to data analysis and role benchmarking. We need to be ready to showcase our analytical skills and how we can add value to the team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application gets seen by the right people. Plus, it shows we’re serious about joining the team.
We think you need these skills to ace Reward Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reward Analyst role. Highlight your experience with role benchmarking and data analysis, as these are key for us. Use specific examples that showcase your skills in a way that aligns with what we’re looking for.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Tell us why you’re excited about joining our Reward & Benefits team and how your background makes you a perfect fit. Keep it engaging and personal – we want to get to know you!
Show Off Your Analytical Skills: Since this role involves a lot of data analysis, make sure to mention any relevant tools you’ve used, like Excel or PowerBI. If you have experience with salary surveys or pay gap reporting, don’t forget to include that too!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to see all the details about the role and our amazing benefits while you’re at it!
How to prepare for a job interview at CMS UK
✨Know Your Numbers
As a Reward Analyst, you'll be dealing with a lot of data. Brush up on your analytical skills and be prepared to discuss how you've used data in previous roles. Think about specific examples where your analysis led to actionable insights.
✨Understand the Market
Familiarise yourself with current trends in compensation and benefits, especially in the UK market. Be ready to talk about how you would approach salary benchmarking and what factors you consider when analysing market data.
✨Excel is Your Best Friend
Since strong proficiency in Excel is essential for this role, make sure you're comfortable with advanced functions and data manipulation. You might even want to prepare a quick demo or example of how you've used Excel to solve a problem in the past.
✨Be Ready for Scenario Questions
Expect questions that assess your problem-solving abilities. Prepare for scenarios related to pay gap reporting or handling queries about policies. Think through how you would approach these situations and communicate your thought process clearly.
