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Title:  Reward Analyst

City:  Market Drayton
Department:  Human Resources
Location: 

Market Drayton, GB, TF9 3UY

Müller has been a loved brand in the UK for over 30 years. It’s a household name – and it continues to grow as we invest to make and market an ever-great range of fantastic dairy products. We are currently the 7th most chosen FMCG brand in the UK, picked from supermarket shelves over 208 million times each year.
 

We pride ourselves on offering support to help develop your knowledge and skills. In return for your commitment, drive and enthusiasm, we offer an attractive benefits package within a highly successful European business that offers financial rewards and resources, including bonus scheme, contributory pension, life assurance, generous holiday allowance and a flexible benefits programme.
 

We are currently recruiting for a Reward Analyst to join our friendly team at Market Drayton. The successful candidate will support the Reward Team in compensation and benefits analysis and pay/bonus activity, submission of external salary benchmarking surveys, perform regular audits to ensure the integrity of reward/employee data taking responsibility to resolve any issues.
 

Reward Analyst key responsibilities will include:
• Support the flexible benefits annual renewal process, providing accurate employee data through cross-checking multiple sources of data
• Support the annual flexible benefits window process through UAT (User Acceptance Testing), data auditing and administering the holiday buy/sell approval process between internal and external stakeholders
• Support the maintenance and accuracy of employee data held in the flexible benefits platform
• Monthly audit of benefits entitlement; reconciliation of systems and external providers invoices, e.g., Private Medical Insurance
• Trends analysis and utilisation of benefits
• Support the Compensation Manager in effectively delivering the pay review and bonus process through providing accurate and timely data
• Provide modelling and analysis to support yearly pay review decisions to be presented by the Compensation Manager in Executive meetings
• Provide data and modelling to support annual negotiations with Trade Unions
• Partner with the Compensation Manager to produce any statutory reports (Gender Pay etc)
• Provide annual National Living Wage cost analysis
• Provide data, insight and analysis for annual Equal Pay Audit
• Complete annual salary surveys to support with benchmarking
• Ensure all employees are in the correct pension contribution structure and corresponding employee/employer contributions
• Support triennial re-enrolment by verifying data provided via payroll
• Support the Pension Governance Committee with data or analytical requirements. Provide the appointed broker with accurate employee data and pension contributions.
• Ensure the integrity of the Reward/Employee Data - This includes regular audits to highlight data errors and utilise dashboards to encourage continuous improvement across the function.
• Root cause analysis of any unexplained data anomalies
• Ensure the Reward Intranet pages are accurate and fit for purpose
• Maintain and update the Terms & Conditions database ensuring all information up to date, accurate and suitable for the intended audience
• Identify process improvement opportunities

 

Reward Analyst key skills & experience
• Bachelor’s degree in a relevant subject
• Advanced Excel skills
• Modelling/statistical analysis experience
• Ability to present complex data and analytics to cater for a wide range of audiences
• CIPD Qualification/Knowledge of Willis Towers Watson Job Evaluation Tool
• Excellent problem-solving skills
• Experience in building relationships with key stakeholders

 

The Process
If you have the skills and experience in the above areas and would like to be considered for this role, please apply at www.mullercareers.co.uk
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