Reward & Benefits Analyst
- Full Time
- Hammersmith
- Human Resources
- Permanent
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Our Rewards & Benefits team here at Harrods is growing. Excitingly, we’re looking for a Rewards & Benefits Analyst who will take the reins on some key areas of the rewards and benefits cyclical activity.
As part of our HR Operations division, the Reward & Benefits team is responsible for ensuring our programmes are the best in class for our exceptional colleagues. In this role, you will have vast exposure to the broader Harrods business, therefore it’s a great opportunity to build important relationships.
About the Role
As the Rewards & Benefits Analyst, you will report into the Reward & Benefits Manager. Whilst the manager leads on the overall reward strategy for Harrods, you will lead key areas of the annual compensation cycle, including base salary reviews, benefit renewals, bonus scheme management and advice, commission scheme management, compensation survey submission, and benchmarking processes.
This is an extremely busy role which provides a huge amount of value for the rest of the business, and your key stakeholders will be the HR Business Partner population. You will be able to partner effectively, building trust with your credibility and knowledge. You’ll know how to break down the steps of a reward process and be able to confidently facilitate a conversation around benchmarking.
You will also:
- Support in the benefit renewal process by providing research and quality data analysis
- Work with People Analytics to create reporting for reward metrics such as pay changes, commission markers, promotions, allowances, benefit enrolment.
- Provide support to the shared services team for benefit and reward queries and any escalated issues.
- Advise managers and People Partners on the career levelling framework supporting any new role or change requests
About You
You will be an experienced Reward & Benefits professional who can bring knowledge and experience of the following: You will understand job families, grading structures, market benchmarking, and have experience implementing and embedding these models in large organisations. You will understand pay and bonus cyclical processes and have in-depth knowledge of running these cycles through HR systems.
Importantly, you will confidently and keenly partner with stakeholders directly and you will have demonstrable experience of presenting information to senior management and groups of people.
You will also:
- Have advanced analytical skills and be proficient in Microsoft Excel (this will be tested at interview)
- Be able to present complex data in a simple user-friendly format for various audiences
- Confidently manage multiple tasks/projects with sometimes changing priorities
- Have project management and delivery capability
- Have an inquisitive and challenging mind, with an interest in questioning and improving the “as is”
About Us
Harrods is reimagining every aspect of the store to ensure we remain the world’s leading luxury emporium. People-led change is at the forefront of this transformation. We are driving forward high-profile, strategic HR initiatives and ensuring our people-related activity is executed exceptionally. Our Reward and Benefits strategy is a critical element of our HR strategy, so this role is both high profile and high impact across our organisation.
Our Promise to You
Help us make the impossible possible for our customers and we’ll do something remarkable for you. As well as offering a friendly environment to inspire your best work, we provide abundant opportunities and support to build an exceptional career across the varied specialisms of our business.
In return you’ll receive an excellent benefits package, including a company pension, flexible working, 25 days’ holiday, and your birthday off, up to 33% in-store discount (including across our food hall and restaurants) and a season ticket loan.
Uniquely You
At Harrods we believe the personality and authenticity of our people sets us apart. We celebrate and invite applications from all cultures, backgrounds, tastes and experiences and are proud of our culture where people from all walks of life can grow and thrive. What makes you unique makes us exceptional.
If you want to know more our people and our culture, search #TogetherHarrods on LinkedIn, Facebook or Instagram
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Belonging & Inclusion
At Harrods, we embrace a broad definition of diversity, from gender, sexuality, ethnicity, disability, background, and experience to other dimensions such as lifestyle and family responsibilities.
Our goal is to increase the representation of all dimensions to reflect the customers we serve and the increasingly diverse and global marketplace we operate in.
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Health and happiness at work is a priority to us, and we have an extensive benefits package and recognition programmes to support you during your time with us. From up to 33% employee discount off in-store, pension plans and healthcare initiatives we offer a diverse range of benefits that you can enjoy.
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