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- Tasks: Join our HR team as a Reward Analyst, focusing on compensation strategy and data analytics.
- Company: The SR Group is a leading employment agency with a global reach and diverse opportunities.
- Benefits: Enjoy a competitive salary, bonus, hybrid working, and a supportive work environment.
- Why this job: Make an impact by shaping global reward programs that promote fairness and competitiveness.
- Qualifications: Strong analytical skills, Excel proficiency, and excellent communication abilities are essential.
- Other info: This role offers exposure to international markets and collaboration with diverse teams.
The predicted salary is between 40000 - 60000 £ per year.
Reward Analyst
Salary Indicator: £50,000 + Bonus & Benefits
Hybrid Working
Location: Manchester
Department: Human Resources – Compensation & Benefits
Reports to: Global Head of Rewards and Reward Manager
Overview
We’re seeking a detail-oriented and analytical Global Reward Analyst to join our international HR team. This critical role blends expertise in both Compensation and Benefits, with a heavy emphasis on compensation strategy, benchmarking, and data analytics. The successful candidate will support the design, delivery, and governance of global reward programs that align with our business objectives and promote internal equity and market competitiveness.
Key Responsibilities
- Assist in the development and implementation of global compensation frameworks, including salary structures, pay bands, and job evaluations.
- Conduct comprehensive market benchmarking using salary surveys and external data sources to ensure competitive positioning.
- Analyse compensation trends and internal pay data to provide recommendations on adjustments, budgeting, and strategy.
- Support global annual compensation processes including merit increases, bonus planning, and long-term incentives.
- Collaborate with regional HR teams to ensure consistent application of compensation and benefits policies across locations.
- Maintain and update compensation and benefits data in HR systems with precision and confidentiality.
- Monitor global benefits offerings and work with external providers to improve cost-effectiveness and employee experience.
- Prepare reports and presentations for senior HR leaders to guide reward-related decisions.
Qualifications & Experience
- Strong analytical skills, especially with Excel, HRIS platforms, and data visualization tools.
- Familiarity with global salary surveys (e.g., Mercer, Willis Towers Watson).
- Exposure to benefits strategy is a plus, especially in diverse international markets.
- Excellent interpersonal and communication skills with an ability to explain complex data in business-friendly language.
Key Competencies
- Analytical mindset with attention to detail
- Collaborative and adaptable in a multicultural environment
- Discreet and trustworthy with sensitive information
- Proactive and self-motivated with a focus on continuous improvement
The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.
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Reward Analyst employer: Maximum ManagementFrazer Jones USA
Contact Detail:
Maximum ManagementFrazer Jones USA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in compensation and benefits. Understanding current market benchmarks and salary surveys, such as those from Mercer or Willis Towers Watson, will give you an edge in discussions during interviews.
✨Tip Number 2
Brush up on your analytical skills, particularly with Excel and data visualisation tools. Being able to demonstrate your proficiency in these areas can set you apart, especially when discussing how you would analyse compensation trends.
✨Tip Number 3
Prepare to discuss your experience with global compensation frameworks. Think about specific examples where you've contributed to salary structures or job evaluations, as this will show your practical understanding of the role.
✨Tip Number 4
Network with professionals in the HR field, especially those focused on compensation and benefits. Engaging with others in the industry can provide insights and potentially lead to referrals, increasing your chances of landing the job.
We think you need these skills to ace Reward Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your analytical skills and experience with compensation frameworks. Use specific examples that demonstrate your expertise in data analysis, benchmarking, and HRIS platforms.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Reward Analyst position. Discuss how your background aligns with the key responsibilities outlined in the job description, particularly your experience with global compensation strategies and market benchmarking.
Highlight Relevant Skills: Emphasise your strong analytical skills, especially with Excel and data visualisation tools. Mention any familiarity you have with global salary surveys and your ability to communicate complex data effectively.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, and that your documents are clear and professional. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at Maximum ManagementFrazer Jones USA
✨Showcase Your Analytical Skills
As a Reward Analyst, your analytical skills are crucial. Be prepared to discuss specific examples of how you've used data analysis in previous roles, particularly with Excel and HRIS platforms. Highlight any experience you have with data visualisation tools to demonstrate your ability to present complex information clearly.
✨Familiarise Yourself with Salary Surveys
Understanding global salary surveys is key for this role. Research well-known surveys like Mercer and Willis Towers Watson before the interview. Be ready to discuss how you would use these resources to conduct market benchmarking and ensure competitive positioning.
✨Communicate Effectively
Excellent communication skills are essential for explaining complex data in a business-friendly manner. Practice articulating your thoughts clearly and concisely. You might be asked to explain a complicated concept, so think about how you would simplify it for someone without a technical background.
✨Demonstrate Your Collaborative Spirit
This role requires collaboration with regional HR teams. Prepare examples that showcase your ability to work in a multicultural environment and adapt to different team dynamics. Highlight any past experiences where you successfully collaborated on projects or initiatives.
