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For Companies At a Glance
- Tasks: Conduct market research, support salary benchmarking, and optimise benefits programs.
- Company: Mollie is revolutionising banking with innovative financial products for effortless money management.
- Benefits: Enjoy competitive pay, flexible work options, and a vibrant company culture.
- Why this job: Join a dynamic team shaping compensation strategies that impact 250,000 businesses across Europe.
- Qualifications: 5-7 years in compensation or benefits; strong analytical skills and knowledge of European labour laws required.
- Other info: Fluency in English is essential; additional languages are a bonus.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Total Rewards Analyst role at Mollie.
Your opportunity:
We believe that banking has been set up against us for too long. From overdraft fees to payment processing, banking products are confusing, stressful, and frankly boring. Mollie was founded to change the status quo. We’re creating a new generation of financial products designed around our customers to make money management effortless for every business in Europe. Today, we serve more than 250,000 businesses across Europe with an all-in-one solution that simplifies payments and money management. We’re an 850-strong team of product, finance, support, commerce, and engineering specialists working across Europe—from Lisbon to London.
Reporting to the Total Rewards Lead, you will be a key partner in shaping our compensation and benefits strategy across all markets. As a Total Rewards Analyst, you will conduct market research, support salary benchmarking, optimize benefits programs, and ensure compliance with pay transparency regulations. We are looking for an analytical and detail-oriented professional with experience in compensation structures, equity programs, and benefits optimization. You will work closely with cross-functional teams to drive data-driven insights and enhance our total rewards offerings.
What You’ll Do:
- Compensation Analysis & Benchmarking: Conduct market research and salary benchmarking to ensure competitive and equitable pay structures. Support the annual compensation review cycle, including salary adjustments, promotions, and bonus planning. Partner with finance to model and forecast compensation costs.
- Benefits & Perks Optimization: Assess and enhance benefits offerings across 12 markets, ensuring they remain competitive and compliant. Collaborate with vendors to manage and optimize our benefit programs. Monitor employee feedback and market trends to propose new benefits where relevant.
- Job Architecture & Equity Programs: Maintain and refine our job leveling framework. Provide analytical support for equity programs (RSUs, stock options, etc.).
- Data & Compliance: Ensure compliance with local labor laws and pay transparency regulations across EU markets. Generate reports and dashboards to provide insights into pay equity, retention, and engagement trends.
What You’ll Bring:
- 5-7 years of experience in compensation, benefits, or total rewards—ideally in a tech or high-growth environment.
- Strong knowledge of European labor laws, pay practices, and benefits trends.
- Analytical mindset with experience using compensation survey tools (e.g., Radford, Mercer, or equivalent).
- Proficiency in Excel/Google Sheets; experience with HRIS and analytics tools (e.g., Workday, Tableau, or equivalent) is a plus.
- Strong stakeholder management skills—comfortable working with HR, Finance, and business leaders.
- Ability to balance detail with big-picture thinking, making data-driven recommendations that align with business goals.
- Fluent in English; additional European languages are a plus.
Seniority level: Not Applicable
Employment type: Full-time
Job function: Human Resources
Contact Detail:
Mollie 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 compensation and benefits, especially within the tech industry. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your understanding of the market.
✨Tip Number 2
Network with professionals in the total rewards field, particularly those who work in high-growth environments. Attend industry events or join relevant online forums to build connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Prepare to discuss specific examples of how you've used data to drive decisions in previous roles. Being able to articulate your analytical skills and how they align with Mollie's goals will set you apart from other candidates.
✨Tip Number 4
Research Mollie's company culture and values thoroughly. Understanding their mission to simplify banking can help you tailor your responses in interviews, showing that you're not just a fit for the role but also for the company.
We think you need these skills to ace Total Rewards Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Total Rewards Analyst at Mollie. Familiarise yourself with their compensation and benefits strategy, as well as the specific skills and experience they are looking for.
Tailor Your CV: Customise your CV to highlight relevant experience in compensation analysis, benefits optimisation, and compliance with labour laws. Use keywords from the job description to ensure your application stands out.
Craft a Compelling Cover Letter: Write a cover letter that showcases your analytical mindset and experience in total rewards. Explain how your background aligns with Mollie's mission to simplify financial products and how you can contribute to their goals.
Highlight Relevant Skills: In your application, emphasise your proficiency in tools like Excel or Google Sheets, and any experience with HRIS or analytics tools. Mention your stakeholder management skills and ability to make data-driven recommendations.
How to prepare for a job interview at Mollie
✨Research the Company
Before your interview, take some time to understand Mollie's mission and values. Familiarise yourself with their products and how they aim to simplify banking for businesses. This will help you align your answers with their goals and demonstrate your genuine interest in the role.
✨Showcase Your Analytical Skills
As a Total Rewards Analyst, you'll need to highlight your analytical mindset. Be prepared to discuss specific examples of how you've used data to drive decisions in previous roles, especially in compensation analysis or benefits optimisation. Use metrics to illustrate your impact.
✨Prepare for Technical Questions
Expect questions related to compensation structures, equity programs, and compliance with labour laws. Brush up on your knowledge of European pay practices and be ready to discuss tools like Excel, HRIS, or analytics software you've used in the past.
✨Demonstrate Stakeholder Management
Mollie values collaboration across teams. Prepare to share experiences where you've successfully worked with HR, Finance, or other departments. Highlight your communication skills and how you've managed relationships to achieve common goals.
