Reward Analyst

Hybrid (work from home / office)

locations
Salford Quays
Leeds

time type
Full time

posted on
Posted 9 Days Ago

time left to apply
End Date: November 29, 2024 (6 days left to apply)

job requisition id
R1169177
 

Job Description:

Reward Analyst (12-month fixed term)
Locations: Salford Quays M50 3SP OR Kirkstall Forge, Leeds LS5 3BF
Full-time position: 37.5hours
Salary Circa: £45,000 plus fixed term benefit allowance
Hybrid and flexible working options available

Role Overview
Join our dynamic team at Bupa on this Fixed term contract. This 12-month journey will require your expertise in monitoring and providing analysis on all areas of reward including benefits but with a focus on compensation, including market trends, compensation structures, compensation assessments, job evaluation in all business areas across our Health and Care Services business.

We are seeking a proactive individual with a knack for adaptability and robust stakeholder management skills. Your role will involve translating some complex concepts into understandable information, making excellent communication paramount. You’ll be at the forefront, leading colleague sessions and part of working groups, driving the introduction of innovative products.

This is not a background role; we need someone ready to step into the spotlight, tackle ambiguity, and elevate our team’s presence. Your analytical prowess will be crucial, particularly in data modelling, external benchmarking, and research. As an Excel expert you’ll be handling intricate data analysis to help inform key decision making.

Are you a self-starter who is receptive to feedback and can self-critique then you will thrive in this position. If you’re ready to take on this challenge and make a tangible impact, we would love to hear from you.

What you will do:

Support cyclical reward activities, ensuring timely delivery of processes in both Workday and Resourcelink
Facilitate job evaluations, incentive programs, and maintain pay governance.
Research and analyse HR data to produce reports, complex data models and identify trends to inform key business and reward decision making.
Conduct job matching and pay benchmarking, including survey participation and analysis of survey data.
Handle daily inquiries and manage the central mailbox for the Health & Care Services Reward team.
Update and maintain the reward information library for company access.
Oversee relationships with partners like People Administration, Payroll, and external suppliers.
What you’ll bring:

Experience of working with HR systems preferably Workday
Previous technical reward experience of supporting or running pay review and bonus calculations.
Numerical and analytical skills experience and working in environment that requires a strong attention to detail.
Job evaluation methodology and grading systems, such as Korn Ferry Hay methodology or Willis Towers Watson from first principles
Experience of working with business stakeholders
Broad understanding of Reward.
Highly skilled in use of Microsoft Excel
Benefits

Our benefits are designed to make health happen for our people. Viva is our global wellbeing programme and includes all aspects of our health – from mental and physical, to financial, social and environmental wellbeing. We support flexible working and have a range of family friendly benefits.

Joining Bupa in this role you will receive the following benefits and more:

25 days holiday per year, pro rata to your contract.
Access to a range of services to support your physical and mental wellbeing
Fixed term benefits allowance
Access to our confidential employee assistance
Why Bupa?

We’re a health insurer and provider. With no shareholders, our customers are our focus. Our people are all driven by the same purpose – helping people live longer, healthier, happier lives and making a better world. We make health happen by being brave, caring and responsible in everything we do.

We encourage all of our people to “Be you at Bupa”, we champion diversity, and we understand the importance of our people representing the communities and customers we serve.  That’s why we especially encourage applications from people with diverse backgrounds and experiences.