At a Glance
- Tasks: Support the company's reward strategy with data analysis and reporting.
- Company: Join a forward-thinking company focused on fair pay and benefits.
- Benefits: 12-month contract, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact on pay equity and employee satisfaction.
- Qualifications: Strong analytical skills and experience in reward principles.
- Other info: Collaborative team environment with excellent career development prospects.
The predicted salary is between 35000 - 45000 £ per year.
The Reward Analyst plays a key role in supporting the company’s reward strategy, ensuring fair, competitive and well-governed pay and benefits practices. The role supports strategic decision-making by providing analytical expertise across core reward activities, including Gender Pay Gap reporting, remuneration benchmarking, and annual pay review processes. The role requires strong data capability, attention to detail and the ability to work collaboratively within the People team and other business stakeholders to deliver high-quality data insights to support strategic decision making and maintain pay principles.
In addition to core reward responsibilities, the Reward Analyst will play a key role in producing high-quality people data and insight for senior stakeholders. This includes the preparation of regular and ad hoc reports for the Board, Executive Committee and wider leadership teams, ensuring information is accurate, well governed and clearly presented. Please note that this role is a 12-month fixed-term contract and can be based out of either our Leeds or Manchester office.
Technical Knowledge- Understanding of reward principles, pay structures and benchmarking methodologies
- Experience of producing statutory Gender Pay Gap reports, including data validation, analysis and development of narrative
- Proficiency in remuneration benchmarking using external salary data
- Knowledge of pay review processes, including data preparation, modelling, scenario analysis and budget tracking
- Understanding of employee benefits provider management and annual reviews
- High level of technical competence in Excel, e.g. pivot tables, lookups and modelling
- Experience of HRIS reporting tools, knowledge of BambooHR is desirable but not essential
- Awareness of relevant UK employment legislation and Financial Services regulatory requirement relating to reward
- Ability to maintain strong data governance, audit trails and compliance standards
- Work closely with People Partners, Finance, Talent acquisition and business leaders to provide clear, accurate reward and people-related insights
- Support People Partners and Line Manager during the pay review cycle, offering guidance on tools, data and reward policies
- Build effective relationships with external benefits providers, ensuring smooth service delivery and timely issue resolution
- Contribute to cross-functional reward and data production projects, sharing expertise and supporting continuous improvement initiatives
- Gender Pay Gap reporting is delivered on time, accurately, and with clear insights that support meaningful action planning
- Benchmarking outputs are robust and well-interpreted
- The annual pay review runs smoothly, with high-quality data, minimal errors and strong business confidence in the outputs
- Employee benefits are well managed, with strong provider relationships, timely issue resolution and positive employee feedback
- Data is accurate, well governed and maintained to audit-ready standards
- Demonstrable improvement to all processes related to reward, including onboarding, promotion, job moves and leavers
- Advanced Excel and strong analytical capability
- Ability to interpret complex data and translate it into meaningful insights
- Ability to communicate complex information in a clear, accessible way, adapting style to suit technical and non-technical audiences
- Effective stakeholder management and relationship management
- High level of organisation and ability to manage cyclical processes
- Focussed on detail and accuracy
- Ability to be flexible & adapt at short notice
- Strong and effective decision-making
- Team player who is willing to collaborate and trust
- Ability to deal with confidential matters with discretion and tact
As this is a Certified role under the SMCR, the Reward Analyst is required to adhere to the FCA Conduct Rules:
- You must act with integrity
- You must act with due skill, care and diligence
- You must be open and cooperative with the FCA and other regulators
- You must pay due regard to the interests of clients and treat them fairly
- You must observe proper standards of market conduct
- You must act to deliver good outcomes for clients
Reward Analyst in Manchester employer: Progeny
Contact Detail:
Progeny Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Analyst in Manchester
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its reward strategies. Be ready to discuss how your analytical skills can contribute to their goals. Show them you’re not just another candidate, but someone who understands their mission.
✨Tip Number 3
Practice your data storytelling! Be prepared to explain complex data insights in a way that’s easy to understand. This will help you stand out during interviews, especially when discussing Gender Pay Gap reporting or benchmarking.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Reward Analyst in Manchester
Some tips for your application 🫡
Show Off Your Data Skills: Make sure to highlight your analytical capabilities in your application. We want to see how you can interpret complex data and turn it into meaningful insights, especially when it comes to reward principles and benchmarking.
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language to communicate your experience and skills, especially around pay review processes and data governance. We appreciate a well-structured application that’s easy to read!
Tailor Your Application: Don’t just send a generic application! Tailor it to the Reward Analyst role by mentioning specific experiences that relate to the job description. Show us how your background aligns with our needs, especially in areas like Gender Pay Gap reporting and stakeholder management.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Progeny
✨Know Your Numbers
As a Reward Analyst, you'll be dealing with a lot of data. Brush up on your Excel skills, especially pivot tables and lookups. Be prepared to discuss how you've used data in past roles to drive insights or support decision-making.
✨Understand Reward Principles
Make sure you have a solid grasp of reward principles and pay structures. Familiarise yourself with benchmarking methodologies and be ready to explain how you've applied these in previous positions, particularly in relation to Gender Pay Gap reporting.
✨Showcase Your Collaboration Skills
This role requires working closely with various teams. Think of examples where you've successfully collaborated with stakeholders, such as People Partners or Finance, to deliver high-quality insights. Highlight your ability to build relationships and communicate effectively.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities, especially around the pay review process. Prepare scenarios where you've had to manage data accuracy or resolve issues with external benefits providers, showcasing your attention to detail and organisational skills.