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- Tasks: Support strategic reward projects and provide data-driven insights for salary and bonus reviews.
- Company: Join Sumitomo Corporation, a global leader in trading with a focus on sustainability.
- Benefits: Competitive salary, hybrid working, 25 days leave, and professional development opportunities.
- Why this job: Make a real impact in a collaborative environment while driving sustainable energy projects.
- Qualifications: Experience in reward analytics, strong Excel skills, and excellent communication abilities.
- Other info: Enjoy stunning views of the River Thames from our modern office and flexible working options.
A fantastic opportunity to join our team at Sumitomo Corporation for an experienced reward and compensation professional to support strategic reward projects, salary benchmarking, global grading and pay transparency initiatives within a corporate HR and reward environment.
We have a fantastic new job opportunity for a Senior Reward Analyst to join a collaborative people and reward function supporting business-wide reward and compensation activity. This role offers the chance to work with the Head of Reward on key reward and HR projects spanning salary benchmarking, job evaluation, pay ranges and global grading frameworks. As a Senior Reward Analyst you will partner closely with HR, Finance and senior stakeholders, providing data-driven insights to support annual salary and bonus reviews, reward audits and pay transparency initiatives. The Senior Reward Analyst role will suit someone with strong analytical skills, excellent Excel capability and experience working with job evaluation methodologies in a corporate reward environment.
Sumitomo Corporation Europe Limited (SCEU), as part of Sumitomo Corporation, is one of the world’s largest integrated trading groups. Our purpose is simple yet powerful: enriching lives and the world. We put customers at the heart of everything we do while embracing our responsibility to society. Inclusion is key – everyone is welcome, and everyone is treated fairly and with respect. With a global presence and expertise in a wide variety of industries, we offer candidates a continued career growth in a forward-thinking and innovative environment. We are driving significant sustainable energy projects in the UK, leading the way on climate change and energy. Join us and be part of something that truly matters.
Your duties as the Senior Reward Analyst include:
- Annual Salary and Bonus Reviews: Supporting salary and bonus cycles, including reporting and market data analysis
- Market Benchmarking: Managing external salary surveys and analysing reward trends
- Job Evaluation and Grading: Leading job evaluation activity and supporting global grading frameworks
- Pay Transparency Compliance: Supporting delivery of EU Pay Transparency requirements
- Stakeholder Guidance: Advising managers on pay structures, reward policies and benefits
- Financial Collaboration: Partnering with Finance on reward budgeting and forecasting
- Reward Processes: Designing and improving reward tools, systems and processes
- Reward Audits: Conducting regular audits to ensure market alignment and compliance
- Policy Review: Reviewing and maintaining reward-related policies and documentation
- Industry Insight: Monitoring reward best practice and emerging industry trends
CANDIDATE REQUIREMENTS
ESSENTIAL
- Previous experience in reward, compensation or HR analytics within a corporate environment
- Experience with job evaluation and global grading frameworks
- Strong data analysis and modelling skills with advanced Excel capability
- An analytical and detail-focused approach to problem solving
- Strong communication and stakeholder management skills
- Fluency in written and spoken English
- Willingness to travel occasionally within the UK and Europe
DESIRABLE
- Degree in Human Resources, Business Administration or a related discipline
- CIPD qualification or working towards professional accreditation
- Exposure to HR systems such as SuccessFactors or similar HRIS platforms
- Experience supporting pay transparency initiatives or related training
BENEFITS
- Competitive salary (£67,000 - £74,000) plus benefits
- Hybrid working – 3 days working in the office in London per week with 2 days working from home
- 25 days annual leave
- Flexible working hours
- Flexi time credits for hours worked beyond 35 hours per week, with line manager approval
- Working Away - Up to 20 calendar days to work from any location either in the country you work in or overseas
- Life assurance, pension scheme, bonus scheme
- Free annual health check
- Free onsite gym with pool and classes
- 24/7 Employee Assistance Programme
- Training and development tailored to your goals
- Potential support towards professional qualifications
HOW TO APPLY
To be considered for this job vacancy, please submit your CV to our Recruitment Team who will review your details.
Senior Reward Analyst in London employer: Sumitomo Corporation
Contact Detail:
Sumitomo Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Reward Analyst in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the HR and reward space. Let them know you're on the lookout for opportunities, and who knows? They might just have the inside scoop on openings at Sumitomo Corporation or similar companies.
✨Tip Number 2
Prepare for those interviews by brushing up on your analytical skills and Excel capabilities. Be ready to discuss how you've tackled salary benchmarking or job evaluation in the past. We want to see your problem-solving skills in action!
✨Tip Number 3
Don’t forget to research the company culture at Sumitomo Corporation. Understanding their commitment to sustainability and innovation will help you tailor your responses during interviews and show that you’re a great fit for their team.
✨Tip Number 4
Apply through our website for the best chance of landing that Senior Reward Analyst role. It’s the quickest way to get your application in front of the right people, and we’re excited to see what you bring to the table!
We think you need these skills to ace Senior Reward Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Senior Reward Analyst role. Highlight your analytical skills, Excel expertise, and any relevant experience in reward and compensation to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our mission at Sumitomo Corporation. Keep it concise but impactful!
Showcase Your Achievements: When detailing your previous roles, focus on specific achievements rather than just responsibilities. Use numbers and data where possible to demonstrate your impact in past positions—this will really resonate with us!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of being noticed. It’s straightforward and ensures your application goes straight to our Recruitment Team for review!
How to prepare for a job interview at Sumitomo Corporation
✨Know Your Numbers
As a Senior Reward Analyst, you'll be expected to handle data like a pro. Brush up on your salary benchmarking and market analysis skills before the interview. Be ready to discuss specific examples of how you've used data to influence reward strategies in your previous roles.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess during the interview. Bring along examples of reports or analyses you've conducted, especially those involving job evaluation methodologies. This will show that you can not only crunch numbers but also derive meaningful insights from them.
✨Understand Pay Transparency
Given the focus on pay transparency initiatives, make sure you're well-versed in current regulations and best practices. Be prepared to discuss how you've supported similar initiatives in the past and your thoughts on their importance in today's corporate environment.
✨Engage with Stakeholders
This role involves collaborating with various stakeholders, so be ready to talk about your experience in stakeholder management. Share specific instances where you've successfully advised managers on pay structures or reward policies, highlighting your communication skills and ability to build relationships.
