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For Companies At a Glance
- Tasks: Analyse reward data to drive smart decisions and enhance employee benefits.
- Company: A mutual organisation with a rich history and a commitment to community.
- Benefits: Competitive salary, annual bonus, 29 days leave, and health support.
- Why this job: Make a real impact on employee satisfaction and organisational success.
- Qualifications: Strong analytical skills and knowledge of reward principles required.
- Other info: Hybrid working model and opportunities for personal development.
The predicted salary is between 28800 - 48000 £ per year.
About The Role
Contract type: Permanent
Hours: Full-time, 35 hours
Location: Head Office, Nottingham (Hybrid working, minimum 2 days per week)
Salary: Up to £40,000
Application process: Please apply via the application button which will direct you to our careers site. If you require any adjustments to assist you in applying, please contact careers@thenottingham.com
Overview
Our Reward Analyst role sits at the heart of our People & Development team, where numbers meet strategy and insights turn into impact. You’ll shape and deliver reward and HR analysis that drives smart reward decisions, confident budgeting, and robust payroll governance and compliance. From diving into market trends to unpacking internal and external data, you’ll help design and deliver compensation and benefits strategies that attract great people, keep them engaged, and reward them fairly. This is a role for someone who enjoys digging into data, asking the right questions, and collaborating with HR and senior leaders to ensure our reward frameworks are competitive, equitable, and fit for the future. If you’re excited by turning insights into meaningful reward outcomes, we’d love to hear from you.
What you’ll be doing
- Support the Senior Reward & Insights Manager with analysis and committee-ready papers for P&D leadership.
- Help keep our reward and benefits competitive, compliant, and aligned with legislation.
- Support the annual P&D budgeting cycle.
- Deliver reward analytics and modelling for salary reviews, bonus schemes, and total reward design.
- Maintain grading data, support job evaluation, and manage salary benchmarking.
- Assist with third-party providers (e.g. pensions) and benefit administration.
- Support the delivery and continuous improvement of employee benefits and related communications.
- Provide data, audits, and reconciliations across benefit programmes.
- Offer cover and support for internal payroll processing when required.
About you
- Strong knowledge of reward principles, including pensions, medical and cash plans, bonuses, and commissions.
- Experience with reward suppliers and benefit schemes.
- Up-to-date knowledge of reward and incentive best practice.
- Confident with job evaluation, grading/banding, and incentive design.
- Highly analytical, with advanced Excel skills.
- A clear, confident communicator who works well with stakeholders.
- Knowledge of Willis Towers Watson Global Grading (desirable).
- Good understanding of how reward supports business strategy.
Rewards & Benefits
- A fair and competitive salary evaluated against market data, annual discretionary bonus scheme, Medicash healthcare scheme, 29 days annual leave plus bank holidays and enhanced family leave.
- Commitment to ongoing personal and professional development.
- For full-time roles, a 35-hour working week to support work/life balance.
- A friendly and inclusive culture and a strong sustainability agenda focused on reducing our carbon footprint.
- Opportunities to get involved with community support and volunteering (2 days per year paid leave).
- Health and wellbeing resources, including mental health support.
About us
We are a mutual, owned by our members and not by shareholders. We invest in our communities and responsible causes. Our history spans over 170 years, and our purpose is to help our members save, plan for, and protect their financial futures, including helping customers on the journey to home ownership. We are committed to overcoming obstacles and building better futures together.
Reward Analyst in Nottingham employer: The Nottingham
Contact Detail:
The Nottingham Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Analyst in Nottingham
✨Tip Number 1
Network like a pro! Reach out to current employees on LinkedIn or at industry events. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by researching the company’s values and recent projects. We want to see how you can fit into our culture and contribute to our mission, so show us you’re genuinely interested!
✨Tip Number 3
Practice your data analysis skills! Since the Reward Analyst role is all about numbers, brush up on your Excel and analytical techniques. Be ready to discuss how you've used data to drive decisions in past roles.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, if you need any adjustments during the process, just drop us an email at careers@thenottingham.com.
We think you need these skills to ace Reward Analyst in Nottingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reward Analyst role. Highlight your experience with reward principles, data analysis, and any relevant tools you've used. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about the role and how your background makes you a great fit. Don’t forget to mention your analytical skills and experience with reward frameworks.
Showcase Your Analytical Skills: Since this role is all about data, make sure to showcase your analytical skills in your application. Mention specific projects or experiences where you’ve used data to drive decisions or improve processes. We love numbers that tell a story!
Apply Through Our Website: Don’t forget to apply through our careers site! It’s the best way to ensure your application gets to us directly. If you need any adjustments during the application process, just drop us an email at careers@thenottingham.com.
How to prepare for a job interview at The Nottingham
✨Know Your Numbers
As a Reward Analyst, you'll be diving deep into data. Brush up on your analytical skills and be prepared to discuss how you've used data to drive decisions in the past. Think about specific examples where your insights led to impactful outcomes.
✨Understand Reward Principles
Make sure you have a solid grasp of reward principles, including pensions, bonuses, and incentive designs. Be ready to talk about current trends in compensation and benefits, and how they align with business strategies. This shows you're not just knowledgeable but also forward-thinking.
✨Communicate Clearly
You'll need to collaborate with HR and senior leaders, so practice articulating your thoughts clearly and confidently. Prepare to explain complex concepts in simple terms, as this will demonstrate your ability to engage with stakeholders effectively.
✨Show Your Passion for Improvement
The role involves continuous improvement of employee benefits and communications. Come prepared with ideas or examples of how you've contributed to enhancing processes in previous roles. This will highlight your proactive approach and commitment to making a difference.
