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Reward Analyst - Southampton, United Kingdom - Quilter
Description
Fixed Term Contract Duration - 11 MonthsWhat the Hiring Manager says
This is an exciting opportunity to join Quilter's Reward team on a fixed term basis to cover maternity absence.Whilst the primary focus of the role will be to support with cash compensation (further details of what "cash compensation" encompasses below), there will also be exposure to broader aspects of the Reward discipline, such as employee benefits, share plans, remuneration regulations, corporate governance, project work and more.
The role will work closely with stakeholders across the HR and Finance functions and the wider business to support with the development, implementation, analysis, administration and communication of compensation programmes, policies, and processes for the various businesses and functions across Quilter.
The Reward landscape is forever changing and very rarely are any two days the same – if you are interested in a role that offers a wide variety of work which combines both technical and soft skills, this may be for you.
About the Role
Job Title: Reward Analyst
Level : 3
Department: Human Resources - Reward
Location : Southampton, Quilter House
Contract type : Fixed Term 12 months
As a Reward Analyst you will focus on the data and analytics required to support all aspects of the annual compensation processes at Quilter. One of our most important processes is the Group's annual salary and incentive cycle in Q1, which to deliver will require a raft of activities across the team, that you will play a key role in.
The emphasis will be on all data elements that form part of our compensation cycle, which will include activities such as the completion and analysis of market data compensation surveys, the maintenance of incentive accrual files provided for our colleagues in Finance, the maintenance and evolution of Reward-built employee job matching and benchmarking databases, the development and testing of our year-end compensation tool (Curo/PayScale), and the upkeep of other Reward systems and trackers as required.
This role will also support with the preparation and analysis of the various annual regulatory disclosures that Quilter is required to make, such as Gender and Ethnicity Pay Gap calculations and Real Living Wage monitoring, amongst others.
In addition, the role will give you the opportunity to partner with the wider HR function and directly with the business where appropriate, supporting with technical reward guidance and other advisory services. This may include tasks such as composing commercial salary and incentive package recommendations for new hires and internal moves/promotions (supported with the most relevant benchmarking data), ensuring that any proposals are in keeping with our diversity and inclusion principles, Equal Pay regulations and alignment with our pay-for-performance culture. Other advisory tasks may include the preparation of employee redundancy and exit schedules, practical advice on reward governance and controls, providing market trends and insights as required, plus employee reward cost analysis and more.
There will also be the opportunity to contribute to project work as we support our HR, Finance and wider business colleagues with Quilter's strategic priorities and the impact that employee reward has on these.
About You
Relevant experience working within a similar Reward role is essential, whereby you have ideally supported 2-3 compensation cycles previously.
A particular understanding and familiarity with the kinds of roles and team structures within the Financial Services sector would be preferred, as would a working understanding of Willis Towers Watson and McLagan compensation data
Demonstrable experience of working with data and a high level of proficiency with MS Office applications, in particular MS Excel is essential. Workday HCM knowledge and/or Curo Compensation (PayScale) would be beneficial.
You will have a high level of numeracy and an analytical mindset with a need to be comfortable with handling large sets of data, ideally within a Financial Services or other relevant context.
Core Benefits
Holiday: 26 days
Quilter Incentive Scheme: All employees are eligible to participate in our incentive scheme, based on the company's performance and their contribution to it
Pension Scheme: 10% non-contributory company pension scheme that can be boosted through personal contributions
Benefit Allowance: A cash benefit allowance is payable in lieu of some of our core benefits.
In addition to our core benefits we offer a range of flexible benefits that you can choose from and pay for conveniently via a salary deduction.
