Reward Analyst

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Full time
Location: City of London
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Job offered by: ENGINEERINGUK
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You will need to login before you can apply for a job. Sector:

Charity and Not for Profit Role:

Analyst, Professional, Specialist Contract Type:

Fixed term Hours:

Full Time Salary:

£53,600 Closing date:

Sunday, 9 February 2025 Contract type:

Fixed Term Contract (end date: 19 Dec. 2025) The Wellcome Trust is a global charitable foundation. We improve health for everyone by funding science, leading policy and advocacy campaigns, and building partnerships. We are looking for a Reward Analyst to join our team on a fixed term contract basis. Where in Wellcome will I be working? You will be working in the People Team in Reward and Wellbeing. You will report to the Compensation and Recognition Manager and be an integral team member of this small team. What will I be doing? In this role you will contribute to helping Wellcome achieve its strategic objectives by supporting compensation and recognition projects and regular activities. You will play a part in ensuring that the annual compensation and recognition activities are delivered accurately and to time by providing specialist technical and analytical expertise through performing mostly analytical and data-oriented tasks. As a Reward Analyst, you will: Support the Reward team with all annual reward activities such as pay review and bonus review ensuring compensation proposals are in line with the pay policy and philosophy. Maintain and analyse market benchmarking data and be responsible for input into salary surveys and ensuring all inputs are completed in a timely and accurate manner. Conduct internal and external research into pay and recognition provisions. Providing models/costing and trend analysis. Research and gather internal and external salary data providing salary benchmarks and package recommendations to the Reward and People Partner team, in line with the pay policy and philosophy as well as contribute to the job levelling process including job evaluation, communication and maintenance of outcomes. Provide detailed data modelling, analysis and insight to support reward processes and decisions for example to support the gender and ethnicity pay calculations, equal pay audit and other ad hoc project support and support the implementation of a recognition programme for Wellcome and support all recognition processes. Seek for continuous improvement in the different compensations and recognition processes and tools, present facts and information to relevant Reward and Wellbeing team members and assist with the preparation of papers, such as People and Remuneration Committee papers, with clear recommendations to enable decisions to be made by stakeholders. Contribute to a diverse and inclusive culture across the organisation, collaborating across departments. Is this job for me? We are looking for someone with compensation experience, adept at role benchmarking, advanced in Excel and data analysis, capable of building complex pay models, using data to drive decisions, and maintaining HRIS data, demonstrating resilience, adaptability and a strong attention to detail. We are looking for someone who: Has compensation experience with a strong understanding and previous experience of working in Reward, good experience of benchmarking roles. Has advanced Excel and data analysis skills with the ability to interpret and present data in a manner that is easy and clear to understand. Experience of building complex pay and bonus models as well as experience of using data to drive decisions with a demonstrable knowledge and experience of compensation management principles and practices. Resilience, adaptable and ability to react to changing business requirements. Experience of maintaining and managing data on HRIS with a high level of numeracy, accuracy and attention to detail. Ability to work independently and work in a fast-paced, dynamic environment. To apply please upload your current CV and complete our short application. Interview dates:

21/02, 24/02 and 25/02 Our Hybrid Way of Working At Wellcome we have a hybrid way of working which is 3 days in our Euston Road offices (Tuesday, Wednesday and Thursday) with the remaining 2 days working either remotely or in the office. Diversity and Inclusion is at the heart of everything we do Diversity and Inclusion is a priority at Wellcome. We are committed to cultivating a fair and inclusive environment, where everyone can be themselves and thrive. We are happy to discuss flexible working options for all roles. Criminal Record Check Upon a conditional offer being made, the successful applicant for this position will be required to undertake a Basic Disclosure and Barring Service (or equivalent) criminal record check to disclose any 'unspent' criminal convictions or conditional cautions under the Rehabilitation of Offenders Act 1974. Company

We also identify areas in which Wellcome can lead significant change within five or ten years, aiming to transform the global response to some of today’s biggest health challenges. TALENT AND DEVELOPMENT AT WELLCOME

At Wellcome, we’ll encourage you to try new things and develop your skills. Core benefits

Holiday:

25 days’ holiday a year plus bank holidays (and we usually close between Christmas and New Year). Pension:

(defined contribution plan) – you contribute at least 3% and we pay in 15% of your salary. Income protection:

to maintain your income if you have a prolonged illness or disability. Life assurance:

four to six times your basic salary if you’re a member of our pension plan. Interest-free travel season ticket loan. Health and wellbeing

Private medical insurance:

we pay the cover, you pay the tax (and you can pay to add dependants). Gym and fitness classes:

free membership to on-site gym and subsidised fitness classes and treatments. Employee assistance programme:

free, independent 24/7 help and advice for work-related issues as well as problems affecting your home life. Work-life balance

Flexible working:

we make every effort to support flexible working, including flexible working hours and remote working. Contribute to the community

Volunteering:

we give you up to four days’ paid leave a year to contribute to our local community. Diversity and Inclusion

Embracing diversity and inclusion is fundamental to delivering our mission to improve health, and we are committed to cultivating a fair and healthy environment for the people work here and those we work with.

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