Reward Analytics Manager

LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a dedication to excellence in delivering the services our customers expect from us. With extensive experience, deep knowledge and worldwide presence across financial markets, we enable businesses and economies around the world to fund innovation, manage risk and create jobs. It’s how we’ve contributed to supporting the financial stability and growth of communities and economies globally for more than 300 years.

Our people are at the heart of what we do and drive the success of our business. Our values of Integrity, Partnership, Excellence and Change shape how we think, how we do things and how we help our people fulfil their potential. We embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. We break down barriers and encourage teamwork, enabling innovation and rapid development of solutions that make a difference. Our workplace generates an enriching and rewarding experience for our people and customers alike. Our vision is to build an inclusive culture in which everyone feels encouraged to fulfil their potential.

This is an exciting opportunity to join a high-performing Reward team within a dynamic, multinational environment. In this pivotal role, you will implement and manage core reward activities—including annual compensation reviews, salary benchmarking, performance bonus management, and strategic reward analyses. Depending on business needs, you will take ownership of either the salary review or bonus processes, demonstrating flexibility and adaptability. You’ll collaborate closely with stakeholders across the organisation, contributing to the design, communication, and implementation of reward strategies that directly support our business objectives.

• Salary Benchmarking, Budgeting, and Pay Range Management

• Manage LSEG’s active participation in selected external salary surveys and industry benchmarking initiatives ensuring robust data is captured.
• Design, manage, and update pay ranges drawing on market data leveraging the internal pay ranges tool.
• Conduct market benchmarking analysis as required to ensure that LSEG’s salary structure and policies remain competitive and aligned with industry practices.
• Support in the creation of pay ranges for new roles and collaborate with the people solutions team to implement the same develop country-specific salary budgets using market data; create scenario models and present to senior management the recommendations which is ultimately shared to Finance for budgeting.

• Manage annual pay review and/or bonus processes ensuring alignment with the policy, budgetary guidelines and market benchmarks finalising the salary budget, unions, and pay ranges for all the countries.
• Undertake the testing of Workday workbooks and reports as reports to ensure a seamless ACR cycle.
• Collaborate with the compensation partners to agree on the salary increase guidelines and funding and liaison with the people solutions team.
• Conduct comprehensive analyses of compensation data, monitor employee salary movements, ensure adherence to internal guidelines, while proactively addressing outliers with focus on pay equity.
• Generate insightful reports, conduct scenario analyses, and present actionable findings to internal partners to facilitate informed decision-making.

• Refresh and enhance the performance bonus model as per the business requirements, addressing identified gaps and aligning with industry best practices.
• Monitor and analyse bonus pools, conduct modelling of various scenarios, and provide clear, data-driven insights to partners.
• Deliver detailed bonus spend analyses and insightful reporting to compensation partners and senior leadership.

• Support implementation and compliance with EU pay transparency directives.
• Support in the analysis and reporting for UK, EU and global gender pay gap initiatives.
• Implement ad-hoc analyses and manage special reward projects as required.
• Develop, map, and maintain comprehensive process documentation.
• Lead or support efficiency improvement initiatives addressing identified difficulties within reward cycles.
• Collaborate closely with HRIS and Reward colleagues to implement enhancements, particularly using Workday.

• Demonstrated experience in reward and compensation roles, ideally within multinational or complex organisational structures.
• Proficiency in compensation analysis, salary benchmarking, pay range management, and bonus administration.
• Knowledge of job evaluation methodologies, market intelligence gathering, and scenario modelling.
• Strong understanding of international reward practices, regulatory compliance, and pay transparency requirements (including EU/UK directives).
• Advanced proficiency in Excel and data analytics tools; familiarity with HRIS platforms, particularly Workday, highly preferred.
• Demonstrated ability to effectively manage partners through clear reporting and compelling presentations.

• Detail-oriented with outstanding attention to accuracy and completeness.
• Skilled in data-driven storytelling and capable of developing clear, engaging presentations.
• Comfortable working extensively with numbers, datasets, and analytical tools.
• Analytical approach, capable of converting complex data into actionable insights.
• Excellent communication skills, effectively engaging partners at all organizational levels.
• Adaptable and proactive in managing shifting priorities and multiple concurrent projects.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.