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- Tasks: Support and enhance our reward strategy, analysing data to inform decisions.
- Company: Join one of the UK's top automotive retailers with a focus on people.
- Benefits: Competitive salary, generous leave, health support, and exclusive discounts.
- Why this job: Make a real impact on employee rewards in a dynamic environment.
- Qualifications: Experience in HR analytics and strong analytical skills required.
- Other info: Hybrid working with opportunities for career development and training.
The predicted salary is between 42000 - 60000 £ per year.
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.
- 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.
- 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.
Reward Analyst Newcastle upon Tyne, England upon Tyne, United Kingdom employer: Lookers plc
Contact Detail:
Lookers plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Analyst Newcastle upon Tyne, England upon Tyne, United Kingdom
✨Tip Number 1
Network like a pro! Reach out to current employees at Lookers on LinkedIn or other platforms. Ask them about their experiences and any tips they might have for landing the Reward Analyst role. Personal connections can give you an edge!
✨Tip Number 2
Prepare for the interview by brushing up on your analytical skills. Be ready to discuss how you've used data in previous roles to make impactful decisions. Show us that you're not just a number cruncher, but someone who can turn insights into action!
✨Tip Number 3
Don’t forget to showcase your communication skills! Practice explaining complex reward concepts in simple terms. We want to see that you can engage with various stakeholders and make your insights accessible to everyone.
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows your enthusiasm for joining our team at Lookers. Let’s get you on board!
We think you need these skills to ace Reward Analyst Newcastle upon Tyne, England upon Tyne, United Kingdom
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 data. We want to see how your background aligns with our needs!
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 any specific projects or achievements that showcase your skills.
Show Off Your Analytical Skills: Since this role requires strong analytical skills, don’t shy away from showcasing your expertise in Excel and data analysis. Include examples of how you've used these skills in previous roles to make an impact.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Lookers plc
✨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 the past. Bring examples of how you've analysed reward frameworks or compensation data to show your expertise.
✨Understand the Business
Familiarise yourself with the automotive retail industry and Lookers' position within it. Knowing how low margins impact reward strategies will give you an edge. Be prepared to discuss how you can align reward strategies with business goals and market trends.
✨Excel is Your Best Friend
Since strong Excel skills are a must for this role, make sure you're comfortable with complex formulas and data manipulation. Consider doing a quick refresher on pivot tables and VLOOKUPs so you can confidently demonstrate your technical abilities during the interview.
✨Communicate Clearly
You'll need to present insights to various stakeholders, so practice explaining complex data in simple terms. Think about how you can convey your recommendations effectively, and be ready to answer questions about your thought process and decision-making.
