Reward Analyst - Remote - Randstad Sourceright : Job Details

Our client is a global medical technology company who design and manufacture technology that takes the limits off living. They support healthcare professionals to return their patients to health and mobility, helping them to perform at their fullest potential.

They pride themselves of being a company of people who care about each other, about our customers and their patients, and about our communities.

OVERVIEW

We are seeking an experienced Reward Analyst to be part of our Simply Connected programme which will re-engineer and automate processes, whilst leveraging existing functionality in our Workday platform across the compensation and benefits landscape, to drive a single source of employee data in Workday and compliance with future pay transparency legislation.

Working within the project team, the Reward Analyst will support the delivery of the global reward strategy and the delivery of an enhanced HR system. The primary focus will be on collecting, analyzing, and presenting data on pay, benefits, and allowances across all countries in which the company operates. This role will also involve benchmarking against industry standards to understand competitiveness and alignment with local market practices.

KEY ACCOUNTABILITIES

• Working with HR and Payroll, gather and analyze information on salary structures, benefits packages, and allowances in each country where the company operates.
• Research external market data, including salary surveys and industry trends, to provide insights into local and global pay and benefit practices.
• Ensure data accuracy and completeness through audits and updates.

• Analyze pay data and benchmark the company's pay structures and benefits against competitors, industry standards, and local market practices.
• Provide insights and recommendations based on data analysis.
• In conjunction with Reward, recommend changes to country allowances where appropriate.

• As part of the programme, ensure that the technical work-stream has the country business requirements relating to allowances, benefits and pay to ensure the technical build and configuration.
• Undertake testing against specific plans for allowances, benefits and pay.

• Prepare detailed reports, presentations, and dashboards to communicate findings, trends, and recommendations to stakeholders.
• Present data and analysis tailoring content to different audiences as needed.

• Liaise with HR Consultants. payroll and other key stakeholders to gather local market data and insights.
• Work closely with Payroll to understand, what is held in the payroll systems that should be held in the Workday HCM and be integrated to the payroll.

• Identify opportunities to streamline and improve reward data management processes.

EXPERIENCE REQUIRED

• Experience in reward and benefits analysis.
• Strong analytical skills with the ability to interpret and manipulate large datasets.
• Proficiency in data analysis tools (e.g., Excel, HRIS systems, data visualization tools).
• Familiarity with global reward trends and practices is a plus.

Communication skills: Clearly articulates messages. Effectively listens, can express ideas in written format and verbal format clearly, succinctly and persuasively. Manages conflicts and can diffuse tensions among employees to resolve issues. Maintains confidentially.

Initiative: Able to work independently and receives minimal guidance from leadership, able to reach agreements and consensus despite differing priorities. Ability to deliver on projects.

Problem Solving: Can solve complex problems; takes a new perspective on existing solutions; exercises judgment based on analysis of multiple sources of information. Analyses situations and applies critical thinking to resolve situations and advises on courses of action. Evaluates the constraints and risks associated with each course of action identified and selects the viable option to address the problem.

Team skills: Can be equally effective participating on team (as member) and on an individual basis. Works towards the organizational best interest rather than personal interests. Manages well across the matrix through individuals and processes both at a function level and across the business. Fosters teamwork, comradery, and accountability within the team in which they work. Relates well to people at all levels. Builds effective relationships and gains trust and respect.

Reputation for Delivery: Consistently delivers against agreed project plans, is responsive and realistic about time/resources to deliver. Capable to assign, coordinate and follow up activities beyond own responsibilities. Anticipates and prevents future problems. Has the ability to persuade key stakeholders to drive results. Develops and evaluates solutions to problems and implements solutions. Applies systematic thinking to identify new solutions. Able to win impact and influence regardless of organisation boundaries and relationships. Is personally credible. Excellent attention to detail and strong organizational skills.

EDUCATION/QUALIFICATIONS

• Bachelor’s degree in Human Resources, Finance, Business Administration, or related field prefered.