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Reward analyst

Newcastle Upon Tyne (Tyne and Wear)
Reward analyst
Posted: 17 January
Offer description

About us : We are one of the top three automotive retailers in the UK, proudly representing 32 manufacturer brands, selling a huge range of new and used vehicles from over 150 dealerships across the UK and Ireland. We believe our people are our greatest asset, and we’re committed to recognising the valuable contribution each person makes. That’s why we continue to invest in a leading rewards and benefits package designed to support your career, wellbeing, and life outside of work. Reward Analyst Hybrid Working | Monday to Friday, 9:00am – 5:00pm Salary: £50,000 – £60,000 (Depending on Experience) We're pleased to offer an exciting opportunity to join the People team as a Reward Analyst. This role is ideal for someone who has experience in this area and a keen eye for detail, strong analytical skills and a passion for ensuring our reward frameworks are fair, competitive and aligned with Lookers strategic goals. About the role As Reward Analyst, you will Support the design, delivery, and continuous improvement of Lookers reward strategy, including pay, benefits and recognition. Analyse internal and external reward data to provide insight and recommendations that inform decision-making Manage the annual incentive plans to ensure smooth execution and alignment with business timelines Support in managing the forecasting and budgeting processes related to compensation costs, including headcount cost projections and incentive modelling. Support on benchmarking activities, ensuring Lookers remains competitive and aligned with market trends. Lead on all bonus processes, including modelling, calculating and submission, reporting and stakeholder engagement. Maintain and develop reward-related policies, tools and communications. Collaborate with Operations and Finance leads to ensure reward solutions are aligned with business needs and budgets. Provide expert advice and guidance on reward matters to managers and colleagues. Contribute to the development of reward dashboards and reporting tools to enhance transparency and insight into the effectiveness of reward and incentive schemes. About You We're looking for someone who Has strong analytical and presentation skills, expert in Excel skills, with experience working with reward or HR data. They will be seen as an expert in data and should have confidence in their approach, with experience of working with Exco and senior stakeholders, making representations, decisions and recommendations on pay and reward. Is detail-oriented and comfortable working with complex datasets and financial models. Is confident communicating insights and recommendations to a range of stakeholders. Is proactive, collaborative and committed to continuous improvement. Experience working in a Reward or HR analytics role is essential. Experience of working in multi-site retail business and an understanding of low margin business impact would be desirable. Has a good understanding of reward principles, pay structures and benchmarking methodologies (desirable but not essential). Core Benefits: Competitive salaries with structured pay scales and progression as you grow within the business Generous annual leave that increases with your length of service Enhanced family leave, including 6 months’ full pay for maternity and adoption leave, and 2 weeks’ full pay for paternity leave Access to Techscheme for discounted technology purchases with flexible payments Health & Wellbeing: Eyecare vouchers to help cover vision care needs Smart Health – 24/7 access to GP services to support your mental and physical wellbeing Dental insurance for everyday dental care and unexpected treatments Critical illness cover for peace of mind during life's most challenging moments Financial Wellbeing: MyView PayNow – access a portion of your pay as you earn, with features to stream, save, and track your money through a user-friendly app Free will writing services to help plan for the future Flexible life assurance options and partner life assurance for added protection Leisure & Lifestyle: Discounted gym memberships to support an active lifestyle Travel insurance to help you explore with confidence Access to home and technology vouchers bYond card and a wide range of exclusive retail and lifestyle discounts We strongly believe in nurturing and providing our people with specific manufacturer brand and management training to enhance career development opportunities. We have a great bunch of people, and we like to celebrate and encourage success at all levels. Lookers and Charles Hurst are an equal opportunities employer. We are committed to a working environment that is free from discrimination, is inclusive, and empowers our people to bring their whole self to work and reach their full potential. If your application is successful, we will conduct relevant employment checks prior to you commencing employment with us. These will include verifying your recent employment, address, credit history and a standard criminal record check. For roles that require you to drive, a driving licence check will also be carried out. Please note, all offers of employment are made subject to a 6 month probation period commencing from your start date. We take our data protection responsibilities very seriously and are committed to upholding and respecting your privacy rights. Information about how we will process your data including the types of data we collect, the purposes for which we use it, who we may share it with and how long we keep it are set out in our privacy notice. It also includes information about your individual privacy rights. Please make sure you read our Privacy Notice so that you understand how we may collect and use your data.

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