Reward Analyst - Nottingham City
Contract type: Permanent
Hours: Full-time, 35 hours
Location: Head Office, Nottingham (Hybrid working, minimum 2 days per week)
Salary: Up to £40,000
Application process: Please apply via the application button which will direct you to our careers site. If you require any adjustments to assist you in applying, please contact
Our Reward Analyst role sits at the heart of our People & Development team, where numbers meet strategy and insights turn into impact.
You’ll shape and deliver reward and HR analysis that drives smart reward decisions, confident budgeting, and rock-solid payroll governance and compliance. From diving into market trends to unpacking internal and external data, you’ll help design and deliver compensation and benefits strategies that attract great people, keep them engaged, and reward them fairly.
This is a role for someone who enjoys digging into data, asking the right questions, and collaborating with HR and senior leaders to make sure our reward frameworks are competitive, equitable, and fit for the future.
If you’re excited by the idea of turning insights into meaningful reward outcomes - we’d love to hear from you.
Here’s a taste of what you will be doing as a Reward Analyst at Nottingham Building Society: -
* Support the Senior Reward & Insights Manager with analysis and committee-ready papers for P&D leadership.
* Help keep our reward and benefits competitive, compliant, and aligned with legislation.
* Support the annual P&D budgeting cycle.
* Deliver reward analytics and modelling for salary reviews, bonus schemes, and total reward design.
* Maintain grading data, support job evaluation, and manage salary benchmarking.
* Assist with third-party providers (e.g. pensions) and benefit administration.
* Support the delivery and continuous improvement of employee benefits and related communications.
* Provide data, audits, and reconciliations across benefit programmes.
* Offer cover and support for internal payroll processing when required.
About you: -
* Strong knowledge of reward principles, including pensions, medical and cash plans, bonuses, and commissions.
* Experience with reward suppliers and benefit schemes.
* Up-to-date knowledge of reward and incentive best practice.
* Confident with job evaluation, grading/banding, and incentive design.
* Highly analytical, with advanced Excel skills.
* A clear, confident communicator who works well with stakeholders.
* Knowledge of Willis Towers Watson Global Grading (desirable).
* Good understanding of how reward supports business strategy.
Reward & Benefits -
* A fair and competitive salary evaluated against market data, annual discretionary bonus scheme, Medicash healthcare scheme, 29 days annual leave plus bank holidays and enhanced family leave.
* Commitment and dedication to your ongoing personal and professional development. We help you to own and grow your potential so you can be at your best in your current role and to support your future career aspirations.
* For all full-time roles we work a 35-hour working week to promote a work/life balance, we want you to be at your best inside and outside of work.
* A friendly and inclusive culture where teams genuinely strive to do the right thing by their colleagues and our customers.
* A strong sustainability agenda – we’re continually finding new ways to be kinder to the environment by reducing our carbon footprint.
* We’re passionate about giving back to the communities in which we serve as well as supporting local charities as part of the Samuel Fox Foundation. One of the many ways you can get involved is to use the 2 days per year paid leave to volunteer for causes or charities that are important to you.
* Your health and wellbeing is our priority, we encourage this through a suite of support resources, including a team of trained mental health first aiders.
Embracing Diversity Together: -
We proudly embrace and celebrate diversity as a fundamental cornerstone of our values. We believe that a diverse and inclusive workplace is not just essential for our success but is also a reflection of the vibrant communities we serve. Our commitment to diversity extends beyond our internal culture to the way we approach advertising and engage with our customers.
Our commitment means actively working to eliminate barriers and biases that may hinder equal opportunities within our organisation. We strive to ensure that all individuals, regardless of background, have an equal chance to thrive and advance in their careers.
We acknowledge that diversity is not just a goal to be achieved but a continuous journey toward creating an environment that embraces differences and promotes equal opportunities for all. We are committed to fostering an inclusive culture that encourages collaboration, creativity, and a sense of belonging for every member of our community.
About us: -
Together we overcome barriers and shape brighter futures for our customers, colleagues and our communities.
We are a mutual, which means we don’t have shareholders. Instead, we’re owned by our members and use our money to do good, investing in our community, responsible causes, and – well, you. So, we’re always striving to do the right thing for our colleagues, communities and members.
Although our history spans over 170 years, our purpose of helping our members save, plan for and protect their financial futures is enduring. At Nottingham Building Society, we are dedicated to overcoming obstacles and turning challenges into opportunities. At the heart of our mission is our unwavering commitment to breaking down barriers and building better futures by helping our customers achieve the significant milestone of owning their own home.
About Us
We are a mutual, which means we don’t have shareholders. Instead, we’re owned by our members and use our money to do good, investing in our community, responsible causes, and – well, you. So, we’re always striving to do the right thing for our team, communities and members.Although our history spans over 170 years, our purpose of helping our members save, plan for and protect their financial futures is enduring. At The Nottingham Building Society, we are dedicated to overcoming obstacles and turning challenges into opportunities. At the heart of our mission is our unwavering commitment to breaking down barriers and building better futures by helping our customers achieve the significant milestone of owning their own home.