Location
Palestra (Southwark – London)
Hybrid Working
Hybrid working within this role enables a balance of 50% of time split between the office and home over a 4‑week period. Hybrid working arrangements can evolve subject to business requirements.
Job Overview
Our Colleague Strategy is focused on making TfL a great place to work for everyone and the Reward Strategy that underpins this is focused on transforming our Reward to make it fair, transparent and attractive for all whilst keeping it affordable. We are developing and implementing significant changes in Reward at TfL, including pay management and our journey towards pay transparency, rethinking our approach to our performance pay schemes and reinvigorating our benefits and recognition through benchmarking and actively listening to our people’s needs whilst maintaining our overall focus on affordability.
Role
Reward Analyst
Salary
£43K – £48K
Band
2
Position Type
Permanent
Key Accountabilities
* The management and manipulation of large data sets (normally in MS Excel or PowerBI) that enable various Reward processes and activities to be undertaken.
* Supporting key BAU processes such as the annual pay reviews across a number of different pay frameworks, pay planning and pay structure maintenance, remuneration committee paper development, strategic pay audits and pay gap reporting.
* Benchmark, research and investigate through pay and benefits surveys and participation in external Reward forums, analysing and evaluating internal and external information to support the improvement of market benchmarking.
* Support the development of pay structures through the analysis of external market data to recommend pay range values and structure design that is appropriate for TfL’s requirements.
* Produce clear, relevant analytical data to support the delivery of our pay gap reporting.
* Design, develop, implement and maintain reward dashboards that provide current, clear and concise information relating to all aspects of Reward within TfL.
* Work with key stakeholders to ensure the successful delivery of key benefits and recognition processes, including cycle to work salary sacrifice, private medical benefit and electric vehicle salary sacrifice Scheme.
* Support the continuous development and maintenance of SharePoint Reward Hub to ensure clear access for employees across TfL to products.
* Support in the management and relationships with 3rd-party suppliers including contractual, commercial and procurement activities as well as supplier invoicing, purchase order management and accruals.
Qualifications
* Proven advanced Excel skills for complex modelling, data management, advanced formulas, pivot tables and use of PowerBI as well as being highly analytical and numerate with experience of analysing and interpreting data and clearly communicating findings.
* Knowledge of interrogating data to understand problems and provide appropriate solutions or recommendations to the business.
* Proven experience of pay survey submission and results analysis, preferably using Willis Towers Watson MDS survey.
* Understanding of employee benefits including voluntary schemes, tax-efficient salary sacrifice and benefit-in-kind arrangements.
* Desire and ability to work collaboratively with colleagues in Reward and across the People function; organized with experience of managing a varied workload to tight timescales.
Benefits
* Final salary pension scheme
* Free travel on the TfL network
* Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home or 75% reimbursement on a 28‑day flexi ticket
* 30 days annual leave plus public and bank holidays
* Hybrid working approach where business and role requirements allow.
* Private healthcare discounted scheme (optional)
* Tax‑efficient cycle‑to‑work programme
* Retail, health, leisure and travel offers
* Discounted Eurostar travel
* Competitive pay, annual performance award opportunity, DB final salary pension, discounted commuting and travel, private medical, 30 days annual leave, discounts, Cycle to Work, Electric Vehicle Salary Sacrifice Scheme.
Equality, diversity, and inclusion
We are committed to equality, diversity, and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantees an interview to any disabled candidate who meets all essential criteria. We also use anonymizing software that removes identifying information from CVs and cover letters to make the process fair.
Vetting Process
At Transport for London, safety, trust and fairness sit at the heart of how we recruit. Our Vetting Charter explains the checks we carry out before you join us, helping ensure we create a safe, inclusive and reliable network for everyone who depends on our services. We simply ask that the information you provide is honest and accurate so we can progress your application smoothly. If something doesn't match or can't be verified, we may not be able to move forward with your application but we'll always treat you with transparency, respect and clear communication throughout.
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