Reward and Benefits Analyst (senior)

  • Location
    Watford, Hertfordshire
  • Contract Type
  • Posted
  • Start Date
  • Industry
    FMCG/Consumer goods
  • Salary
    GBP55000 - GBP62000 per annum + Benefits & Bonus
  • Expiry Date

Frazer Jones is now representing a world class brand, based in the outskirts of northwest London.

We are keen to hire a Reward and Benefits Senior Analyst to join this fantastic company on a permanent basis. The reward and benefits analyst will assist with various benefits-related initiatives as a member of the team. The post holder will manage the renewal process, address benefit-related enquiries, and oversee important benefits projects. On the comensation side, you will be working closely with the wider Reward team in putting together company compensation structures, work on salary/bonus reviews. This position reports into the head of reward, you will have excellent exposure to international reward and benefit processes.

This role will be hybrid working, 2 days a week in the office.

Key responsibilities

  • Build and maintain a strong network with key contacts inside the Firm and outside with Benefits.
  • Work collaboratively with HR, business leaders and 3rd party providers.
  • Proactively keep up to date with related HR, business initiatives and external market trend that may impact on the reward strategy and ensure relevant information is shared as appropriate.
  • Be responsible for performing benchmarking excericises, including market review and data analysis.
  • Act to support the development of salary structures and ranges, maintaining trends and firm’s competition
  • Responsible for rolling out compensation programmes, looking at systems and processes.
  • Work closely with stakeholders in advising what trends are in place for everyday benefit changes this includes; renewals, managing vendors and looking at competitors work flow
  • Work closely with benefit brokers and being able to negotiate the best rate for benefits that matches up to the business needs.
  • Collaborate and Confer with the wider business and HR to ensure reward plans are aligned with stakeholders.
  • Offer direction and support to the reward team to ensure delivery is kept up to company guidelines.
  • Administer or participate in Reward related or HR related projects.

Skills required:

  • Previous mid-senior experience in a Compensation & Benefits or wider Reward environment.
  • Advanced Microsoft package experience, excellent on Excel – the ability to manipulate data.
  • Previous management or mentoring experience (essential)
  • CIPD Level qualified/Degree equivalent/qualified by experience.
  • Strong project management skills organised and accurate with very strong attention to detail.
  • Works well independently and in a team environment.

The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.

Apply now

Upload your CV/resume or any other relevant file. Max. file size: 15 MB.

By submitting your personal information, you consent to Frazer Jones part of The SR Group storing and using the personal information you submit in accordance with our Privacy Policy. Frazer Jones will use the personal information you provide to contact you with relevant content including our salary surveys and market reports, career advice, hiring advice, market insights and industry updates and events. Our Privacy Policy sets out full details of how Frazer Jones may use your data. You may unsubscribe from these communications at any time, by clicking on the link at the bottom of any email.