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- Tasks: Support and enhance Lookers' reward strategy through analysis and collaboration.
- Company: Join one of the UK's top automotive retailers with a focus on people.
- Benefits: Enjoy competitive salary, generous leave, health perks, and career development.
- Why this job: Make a real impact on employee rewards in a dynamic environment.
- Qualifications: Strong analytical skills and experience in HR or reward analytics required.
- Other info: Hybrid working model with excellent growth opportunities.
The predicted salary is between 43000 - 51000 £ per year.
Join to apply for the Reward Analyst role at Lookers Motor Group Limited.
About us: We are one of the top three automotive retailers in the UK, proudly representing 32 manufacturer brands, selling a huge range of new and used vehicles from over 150 dealerships across the UK and Ireland. We believe our people are our greatest asset, and we’re committed to recognising the valuable contribution each person makes. That’s why we continue to invest in a leading rewards and benefits package designed to support your career, wellbeing, and life outside of work.
Reward Analyst Hybrid Working | Monday to Friday, 9:00am – 5:00pm Salary: £50,000 – £60,000 (Depending on Experience)
We’re pleased to offer an exciting opportunity to join the People team as a Reward Analyst. This role is ideal for someone who has experience in this area and a keen eye for detail, strong analytical skills and a passion for ensuring our reward frameworks are fair, competitive and aligned with Lookers strategic goals.
About The Role:
- Support the design, delivery, and continuous improvement of Lookers reward strategy, including pay, benefits and recognition.
- Analyse internal and external reward data to provide insight and recommendations that inform decision-making.
- Manage the annual incentive plans to ensure smooth execution and alignment with business timelines.
- Support in managing the forecasting and budgeting processes related to compensation costs, including headcount cost projections and incentive modelling.
- Support on benchmarking activities, ensuring Lookers remains competitive and aligned with market trends.
- Lead on all bonus processes, including modelling, calculating and submission, reporting and stakeholder engagement.
- Maintain and develop reward-related policies, tools and communications.
- Collaborate with Operations and Finance leads to ensure reward solutions are aligned with business needs and budgets.
- Provide expert advice and guidance on reward matters to managers and colleagues.
- Contribute to the development of reward dashboards and reporting tools to enhance transparency and insight into the effectiveness of reward and incentive schemes.
About You:
- Has strong analytical and presentation skills, expert in Excel skills, with experience working with reward or HR data.
- They will be seen as an expert in data and should have confidence in their approach, with experience of working with Exco and senior stakeholders, making representations, decisions and recommendations on pay and reward.
- Is detail-oriented and comfortable working with complex datasets and financial models.
- Is confident communicating insights and recommendations to a range of stakeholders.
- Is proactive, collaborative and committed to continuous improvement.
- Experience working in a Reward or HR analytics role is essential.
- Experience of working in multi-site retail business and an understanding of low margin business impact would be desirable.
- Has a good understanding of reward principles, pay structures and benchmarking methodologies (desirable but not essential).
Core Benefits:
- Competitive salaries with structured pay scales and progression as you grow within the business.
- Generous annual leave that increases with your length of service.
- Enhanced family leave, including 6 months’ full pay for maternity and adoption leave, and 2 weeks’ full pay for paternity leave.
- Access to Techscheme for discounted technology purchases with flexible payments.
Health & Wellbeing:
- Eyecare vouchers to help cover vision care needs.
- Smart Health – 24/7 access to GP services to support your mental and physical wellbeing.
- Dental insurance for everyday dental care and unexpected treatments.
- Critical illness cover for peace of mind during life's most challenging moments.
Financial Wellbeing:
- MyView PayNow – access a portion of your pay as you earn, with features to stream, save, and track your money through a user-friendly app.
- Free will writing services to help plan for the future.
- Flexible life assurance options and partner life assurance for added protection.
Leisure & Lifestyle:
- Discounted gym memberships to support an active lifestyle.
- Travel insurance to help you explore with confidence.
- Access to home and technology vouchers bYond card and a wide range of exclusive retail and lifestyle discounts.
We strongly believe in nurturing and providing our people with specific manufacturer brand and management training to enhance career development opportunities. We have a great bunch of people, and we like to celebrate and encourage success at all levels. Lookers and Charles Hurst are an equal opportunities employer. We are committed to a working environment that is free from discrimination, is inclusive, and empowers our people to bring their whole self to work and reach their full potential.
If your application is successful, we will conduct relevant employment checks prior to you commencing employment with us. These will include verifying your recent employment, address, credit history and a standard criminal record check. For roles that require you to drive, a driving licence check will also be carried out. Please note, all offers of employment are made subject to a 6 month probation period commencing from your start date.
We take our data protection responsibilities very seriously and are committed to upholding and respecting your privacy rights. Information about how we will process your data including the types of data we collect, the purposes for which we use it, who we may share it with and how long we keep it are set out in our privacy notice. It also includes information about your individual privacy rights. Please make sure you read our Privacy Notice so that you understand how we may collect and use your data.
Reward Analyst in Newcastle upon Tyne employer: Lookers Motor Group Limited
Contact Detail:
Lookers Motor Group Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Analyst in Newcastle upon Tyne
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Lookers Motor Group on LinkedIn. A friendly chat can give us insider info about the company culture and maybe even a referral!
✨Tip Number 2
Prepare for the interview by researching common questions for Reward Analyst roles. We should also think about how our skills align with their needs, especially around data analysis and stakeholder engagement.
✨Tip Number 3
Show off our analytical skills during the interview! Bring examples of past projects where we’ve used data to drive decisions. This will help us stand out as the ideal candidate for the role.
✨Tip Number 4
Don’t forget to follow up after the interview! A quick thank-you email reiterating our interest in the position can keep us fresh in their minds. Plus, it shows we’re genuinely keen on joining their team!
We think you need these skills to ace Reward Analyst in Newcastle upon Tyne
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reward Analyst role. Highlight your analytical skills and any relevant experience in reward or HR analytics. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how you can contribute to our team. Be sure to mention specific examples of your work that relate to the job description.
Show Off Your Excel Skills: Since this role requires strong Excel skills, don’t forget to mention any relevant projects or experiences where you've used Excel to analyse data. We love seeing candidates who can confidently handle complex datasets!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it’s super easy!
How to prepare for a job interview at Lookers Motor Group Limited
✨Know Your Numbers
As a Reward Analyst, you'll be dealing with data all the time. Brush up on your analytical skills and be ready to discuss how you've used data to inform decisions in previous roles. Bring examples of how you’ve analysed reward frameworks or compensation data to show your expertise.
✨Understand the Business
Familiarise yourself with Lookers Motor Group and its position in the automotive retail market. Understand their reward strategy and how it aligns with their business goals. This will help you demonstrate your interest in the company and how you can contribute to their success.
✨Prepare for Stakeholder Engagement
You’ll need to communicate insights to various stakeholders, including senior management. Think about how you can present complex data in a clear and engaging way. Practice explaining your past experiences where you’ve successfully influenced decision-making through your recommendations.
✨Show Your Collaborative Spirit
The role requires working closely with Operations and Finance teams. Be prepared to discuss how you’ve collaborated with different departments in the past. Highlight any projects where teamwork led to successful outcomes, especially in relation to reward strategies or budgeting processes.
