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Reward Analyst

Elysium Healthcare
Posted 19 days ago, valid for 6 days
Location

Borehamwood, Hertfordshire WD6 4NB

Salary

£40,000 - £45,000 per annum

Contract type

Full Time

Life Insurance

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Sonic Summary

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  • Elysium Healthcare is seeking an experienced Reward Analyst with strong analytical skills and attention to detail.
  • The role requires a minimum of 2 years' experience in a reward or compensation analytics position, preferably within the health and social care sector.
  • The annual salary for this position ranges from £40,000 to £45,000, along with a generous benefits package.
  • Key responsibilities include conducting compensation analysis, maintaining HR data accuracy, and supporting the annual salary review process.
  • The company offers career development opportunities and a supportive work environment with a commitment to employee wellbeing.

Are you an experienced Reward Analyst with strong analysis skills and excellent attention to detail? If so, join Elysium Healthcare as the Reward Analyst.

You will be responsible for supporting the design, analysis and implementation of reward and benefits programs to ensure our employees are fairly compensated in line with industry standard and internal equity.

You will also provide insights to improve our compensation structures and benefits packages, contributing to employee retention and satisfaction.

There are career development opportunities, with a huge range of training that will help you grow and succeed. If you have the aspiration, capability and dedication, we can give you the support and opportunities to help you achieve your career goals.

As a Reward Analyst, you will be:

  • Conducting in-depth analysis of compensation, benefits, and reward data to inform decision-making on salary structures, bonus schemes, and benefits offerings. Maintaining and updating reward-related data within HR systems to ensure accuracy for reporting and analysis.
  • Performing regular market and salary benchmarking against competitors and industry standards to ensure competitive pay practices.
  • Assisting in the evaluation and grading of new and existing roles, ensuring they align with organisational pay structures and policies.
  • Contributing to the development and review of the company’s reward strategy to attract and retain talent while ensuring cost-effectiveness.
  • Monitoring and assessing the effectiveness of current employee benefits programs, proposing improvements where necessary to meet the needs of the workforce. Support the Benefits Advisor with the day-to-day administration management of all company benefits.
  • Supporting the annual salary review process by analysing employee compensation, performance data, and market trends.
  • Ensuring all reward processes are compliant with relevant legislation and company policies, including gender pay gap reporting and equal pay analysis.
  • Producing regular reports on compensation, benefits, and other reward-related metrics for senior management.

To be successful in this role, you will have:

  • A CIPD or CIPP degree, or relevant qualification in HR, Payroll or Finance. Or relevant, in role experience.
  • 2 years’ experience in a reward or compensation analytics role, ideally within the health and social care or similar sector.
  • Experience with HRIS or compensation analysis tools.
  • Experience with PowerBi reporting
  • Strong data analysis skills with proficiency in Excel.
  • Excellent attention to detail, with the ability to interpret complex data and provide clear recommendations.
  • Strong written and verbal communication skills, with the ability to present data insights clearly to non-technical stakeholders.
  • Proactive and solution-focused, with the ability to tackle challenges and suggest improvements in reward practices.
  • A good understanding of UK employment law and pay legislation

What you will get:

  • Annual salary of £40,000 - £45,000
  • The equivalent of 33 days annual leave (inc Bank Holidays) – plus your birthday off!
  • Wellbeing support and activities to help you maintain a great work-life balance.
  • Career development and training to help you achieve your career goals.
  • Pension contribution to secure your future.
  • Life Assurance for added peace of mind.
  • Enhanced Maternity Package so you can truly enjoy this special time

There is also a range of other benefits including retail discounts, special offers and much more.

About your next employer:

You will be working for an established, stable and agile company with over 8,000 employees and a unique approach to the delivery of care. With a network of over 90 services across England and Wales covering Mental Health, Neurological, Learning Disabilities & Autism, Children & Education, there is opportunity for you to grow and move. 

Elysium Healthcare is part of Ramsay Health Care with a global network that extends across 10 countries and employs over 86,000 people globally. 

Elysium Healthcare follows safer recruitment of staff for all appointments and is a Disability Confident employer, committed to inclusive and accessible recruitment. It is a requirement that all staff understand it is each person’s individual responsibility to promote and safeguard the welfare of service users. All candidates will be subject to a DBS disclosure.

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By applying, a Reed account will be created for you. Reed's Terms & Conditions and Privacy policy will apply.