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- Tasks: Support and evolve compensation, benefits, and wellbeing programs to enhance employee experience.
- Company: Join an innovative FMCG manufacturing business making a real difference in employee wellbeing.
- Benefits: Enjoy a permanent role with opportunities for professional growth and impactful initiatives.
- Why this job: Be part of a team that values data-driven decisions and employee engagement.
- Qualifications: 2+ years in compensation or rewards roles; strong analytical skills and HR systems experience required.
- Other info: Located in West London, collaborate with cross-functional teams and contribute to meaningful wellbeing initiatives.
The predicted salary is between 36000 - 60000 £ per year.
Are you passionate about shaping a compelling employee experience through data-driven compensation and wellbeing strategies?
As the Total Rewards Analyst, you will play a vital role in supporting the design and delivery of compensation and wellbeing initiatives across the business. Reporting to the Head of Total Rewards and working closely with HR and external partners, you'll ensure reward practices are aligned with company strategy, market benchmarks, and compliance standards.
Key Responsibilities:- Support the annual compensation review process, including salary and bonus cycles.
- Collaborate with cross-functional teams and third-party vendors to promote best practices and drive process compliance.
- Contribute to benchmarking and market analysis using tools such as Korn Ferry and Mercer.
- Manage monthly benefits administration, ensuring accurate data and timely reporting.
- Partner with stakeholders to identify opportunities to improve the total rewards strategy.
- Assist in the annual benefits renewal process, from vendor proposal review to internal communications and systems updates.
- Co-create and implement wellbeing initiatives alongside the Wellbeing Coordinator, contributing to a clear and actionable wellbeing roadmap.
- Conduct compensation analysis to support pay structure evaluations and reporting (e.g., gender pay gap, pay equity).
- Act as a central point of contact for compensation and benefits queries across HR, payroll, and business units.
- At least 2 years’ experience in a compensation, rewards, or total rewards role.
- Comfortable working with HR systems such as Workday and benefits platforms.
- Strong analytical mindset with a keen eye for detail and accuracy.
- Skilled in Excel with experience in Power BI a strong plus.
- Excellent time management and organisational skills.
- Familiarity with gender pay gap reporting and equity practices.
- Experience supporting unionised environments or union negotiations (desirable).
For more information, please contact Alice Redmond.
Total Rewards Analyst employer: MacGregor Black
Contact Detail:
MacGregor Black Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Total Rewards Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in total rewards and compensation strategies. Understanding current market benchmarks and best practices will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Prepare specific examples of how you've used data to influence compensation or benefits decisions in your previous roles. Be ready to discuss the tools you used, such as Excel or Power BI, and the outcomes of your initiatives.
✨Tip Number 3
Network with professionals in the total rewards field, especially those who have experience in FMCG sectors. Engaging with industry peers can provide insights and potentially lead to referrals for the position.
✨Tip Number 4
Stay updated on compliance standards related to compensation and benefits. Being knowledgeable about gender pay gap reporting and equity practices will set you apart as a candidate who understands the importance of fair compensation.
We think you need these skills to ace Total Rewards Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compensation and benefits. Emphasise your analytical skills and any specific tools you've used, such as Excel or Power BI, to showcase your fit for the Total Rewards Analyst role.
Craft a Compelling Cover Letter: In your cover letter, address the specific questions posed in the job description. Share a concrete example of how you've used data to influence compensation decisions and detail any wellbeing initiatives you've contributed to.
Highlight Relevant Skills: Clearly outline your experience with HR systems and your familiarity with gender pay gap reporting. Mention any collaboration with cross-functional teams or third-party vendors to demonstrate your ability to work in a team-oriented environment.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a role that involves data analysis and reporting.
How to prepare for a job interview at MacGregor Black
✨Showcase Your Analytical Skills
As a Total Rewards Analyst, your ability to analyse data is crucial. Be prepared to discuss specific examples where you've used data to influence compensation or benefits decisions. Highlight the tools you used, such as Excel or Power BI, and the positive outcomes of your analyses.
✨Demonstrate Knowledge of Wellbeing Initiatives
Think about any wellbeing initiatives or reward programmes you've contributed to in the past. Be ready to explain how these initiatives impacted employee engagement or retention, and what your role was in their implementation.
✨Familiarise Yourself with Market Benchmarks
Understanding market benchmarks is key for this role. Research tools like Korn Ferry and Mercer, and be prepared to discuss how you've used benchmarking in previous roles to support compensation strategies.
✨Prepare for Cross-Functional Collaboration
This position requires collaboration with various teams and external partners. Think of examples where you've successfully worked with cross-functional teams to drive process compliance or improve total rewards strategies, and be ready to share those experiences.
