Reward Analyst

Gist Limited; Basingstoke; On-site; GBP 45,000 - 55,000; Full time

Job summary

A leading logistics company is seeking a Reward Analyst to support its Reward and Benefits teams. The ideal candidate will possess over 3 years of experience in Reward and have excellent analytical skills. Responsibilities include implementing job architecture, managing annual bonus calculations for 1,500 employees, and conducting job evaluations. The role offers a salary up to £55,000 and includes numerous benefits such as a 20% M&S discount, 25 days annual leave, and a competitive pension scheme.

Benefits

20% M&S discount on most items

25 days’ annual leave plus bank holidays

Discounted rates on healthcare cash plan

Attractive annual bonus scheme

Auto Enrolment Pension or competitive Defined Contribution Pension Scheme

Wide range of wellbeing support

Cycle to work scheme

Qualifications

• Experience, built over 3+ years, of working in Reward.
• Excellent analytical skills and ability to translate complex information into actionable insight.
• Strong background using large data sets and software such as Excel.
• Experience of delivering Reward and Benefits solutions that support business needs.
• Sound understanding of UK legislation relating to Reward and Benefits.

Responsibilities

• Support the implementation of the new Job Architecture using the Willis Towers Watson methodology.
• Manage annual bonus calculations for around 1,500 employees.
• Conduct job evaluations and set salary ranges in line with internal policies.
• Lead analysis of UK and ROI Gender Pay and Bonus gaps.
• Support compliance with pay-related regulations and reporting.

Job description

Working in partnership with M&S, at Gist we deliver industry-leading logistics and supply chain transformation.

We value, celebrate, and believe in the power of individuality and strive to create a work environment where everyone can be themselves. We want you to join us, bring your authentic self to work and unlock your full potential.

We are looking for an enthusiastic individual with a passion for delivery to join our Reward team in the role of Reward Analyst. The successful applicant will support the Reward and Benefits teams to deliver our strategy to attract, retain, engage and motivate colleagues in line with our values. The Reward Analyst will play an important role during a period of Reward transformation. Supporting the introduction of a new Job Architecture, performing job grading and evaluations along with external benchmarking and market comparisons. They will also model and cost total reward packages, assessing the effectiveness of elements and making recommendations for change, as well as support annual pay review and bonus processes and transformational change.

What’s in it for you?

Gist is an inclusive, dynamic, exciting, and evolving business built on our core values. Here are some of the benefits we offer that make working for Gist just that little bit more special.

• 20% M&S discount on most things from furniture, fashion and food
• 25 days’ annual leave plus bank holidays (rising with length of service)
• Discounted rates on healthcare cash plan
• Attractive annual bonus scheme, based on M&S performance and personal objectives
• Auto Enrolment Pension or competitive Defined Contribution Pension Scheme and life assurance (up to 4 times salary)
• Amazing perks and discounts via our App to major restaurants and retailers
• Access to a wide range of wellbeing support – including our Employee Assistance Programme
• A first-class welcome with a tailored induction and a wide range of training schemes to help with your learning and development
• Cycle to work scheme

Salary:

Up to £55,000 (DOE)

Hours

37.5 hours per week

Working Pattern

Monday to Friday

What you’ll do:

• Job Architecture: Support the implementation of the new Job Architecture using the Willis Towers Watson methodology, including job evaluation, slotting, benchmarking, and stakeholder communications
• Pay Review: Support the Reward Manager with negotiated and non-negotiated pay reviews, including market insight, data analysis, modelling, recommendations, and payroll implementation
• Annual Bonus: Manage annual bonus calculations for c.1,500 employees, including data collection, bonus calculations, validation and working with payroll on processing
• Salary Surveys: Complete job matching and annual salary surveys for Willis Towers Watson and Brightmine.
• Job Evaluations & Benchmarking: Conduct job evaluations and set salary ranges in line with internal policies; act as a key contact for Recruitment and People Partners
• Regulatory Compliance: Support compliance with pay-related regulations and reporting, including EU Pay Transparency, Gender Pay, and pay equity regulations
• Gender Pay Analysis: Lead analysis of UK and ROI Gender Pay and Bonus gaps and support report production
• Reward Analysis: Conduct market and competition analysis. Conduct modelling for business change activity impacting Reward.
• Stakeholder Support: Share Reward expertise, promote compensation policies, and collaborate across Gist and M&S to support business objectives.
• Benefits: Support benefits analysis as required.

Who you are:

• Experience, built over 3+ years, of working in Reward
• Excellent analytical skills and ability to translate complex information into actionable insight
• Strong background using large data sets and software such as Excel
• Experience of delivering Reward and Benefits solutions that support business needs
• Sound understanding of UK legislation relating to Reward and Benefits
• Thriving in understanding the detail whilst taking a pragmatic approach
• Creative and innovative approach to problem solving
• Organised and results orientated
• Experience of building successful, collaborative relationships across all levels
• A team player with the ability to network effectively up, down and across the matrix organisation
• Effective relationship, influencing and communication skills
• History of working within a busy, fast paced environment
• Experience in a business with strong trade union representation
• Experience of working for a large commercial organisation

Why Gist?

At Gist we are united by our core values; with safety and people at the heart of everything do, we are progressive, accountable, collaborative, and ethical.

Our objective is to establish a performance-focused environment that is fair and inclusive, where everyone can develop, and connect meaningfully to their manager, the Gist vision, and M&S. We are fiercely protective of everyone’s health, safety, and wellbeing, and align firmly to M&S’s sustainability commitments in Plan A.

Gist will play an integral part in the M&S journey as it pushes boundaries to lead the retail industry into a greener, speedier, more inspiring era. As part of the M&S group, there’s never been a better time to be part of our team. Join us and make an immediate impact.

Gist aims to be an inclusive organisation, trusted and admired by our colleagues, customers, and suppliers. If you consider yourself to require reasonable adjustments to any part of our recruitment process, we invite you to share those requirements with us when completing your application. We will make every effort to ensure your needs are met to provide a fair and transparent process of assessment. If it’s meaningful to you, it’s important to us.

Our Internal Recruitment Team fulfil all vacancies on a direct basis. Unsolicited contact by unapproved agencies (sharing speculative CVs) will not be accepted and introductory fees will not apply.