Senior Reward Analyst

Job Title: Senior Reward Analyst

Location: London, UK

Employment Type: Permanent, Full-Time

Salary Indicator: £65,000 - £70,000 + Bonus

Company Overview:

An innovative, fast-paced technology company based in London is seeking a permanent Senior Reward Analyst to join its People team. Known for being at the cutting edge of digital solutions, this company offers a collaborative environment that values strategic, data-driven thinking. As a key player in its growth journey, you’ll help shape and drive the reward and compensation strategy to attract and retain top-tier talent.

Role Summary:

The Senior Reward Analyst will be instrumental in developing, implementing, and refining the company’s compensation and benefits strategy. This individual will work closely with the People and HR teams to analyze compensation data, manage reward processes, and provide insights to align reward strategies with broader business goals.

This role requires a candidate with a strong background in reward analytics and compensation structures, ideally within the technology sector or a fast-growing industry. We are looking for someone who thrives in data analysis, has an eye for strategic detail, and is ready to make a long-term impact.

Key Responsibilities:

• Data Analysis & Benchmarking: Perform thorough analysis of market data to benchmark roles and ensure competitive compensation packages within the technology industry. Leverage compensation survey data to establish and refine pay ranges, keeping abreast of market trends.
• Annual Compensation Review: Lead the annual pay review and bonus cycles, using data and analytical models to advise on salary adjustments, incentives, and bonuses. Ensure that all recommendations support business objectives and market competitiveness.
• Reward Strategy Development: Partner with HR and business leaders to shape a sustainable reward strategy that aligns with the company’s long-term goals for talent acquisition and retention.
• Compliance & Compensation Governance: Ensure reward structures adhere to UK employment laws and industry standards, staying informed on any changes to relevant regulations.
• Benefits Administration & Optimization: Work closely with vendors and internal stakeholders to oversee benefit programs, conduct cost analyses, and recommend improvements for both value and employee engagement.
• Data Integrity & Reporting: Ensure accuracy and integrity of data within the HRIS and other reward-related systems. Prepare detailed reports, dashboards, and presentations for senior leadership, transforming data into insights to guide strategic decision-making.
• Stakeholder Collaboration: Work cross-functionally with HR, Finance, and business leaders to resolve compensation issues, communicate policies effectively, and answer queries related to the reward program.

Qualifications and Skills:

• Advanced proficiency in Excel and familiarity with HRIS systems
• Strong knowledge of UK employment laws, reward benchmarking techniques, and compensation principles
• Excellent analytical and numerical skills with meticulous attention to detail
• Proven ability to handle sensitive data with confidentiality and integrity
• Skilled communicator, comfortable presenting findings and recommendations to senior leadership
• Ability to adapt and succeed in a fast-paced, agile environment

This role will move quickly, so if interested please get in touch as soon as possible.