Rewards Analyst

Hours: 36

Salary: Competitive

Location: Shire Park, Kestral Way, Welwyn Garden City AL7 1GA

United Kingdom

Apply by: 01/12/2019

Rewards Analyst

Shire Park, Kestral Way, Welwyn Garden City AL7 1GA

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About the role

This Rewards Advisor role is a great opportunity to join the Reward Team, supporting the UK Reward function to design, build and implement Reward initiatives aligned to the long-term People strategy and business goals for Tesco.

You will be responsible for

- Being the in-house subject matter expert for Reward information, providing support as required, including the collation and analysis of data on a timely basis

- Designing, building and implementing analytical models using people and market data to forecast costs, identify issues and impacts

- Carrying out data research, analysis and presentation of benchmarking data in relation to salary and benefits and analysis of market data

- Preparing management information and reporting, working with relevant teams to ensure the integrity of data sources. Delivering outstanding quality insight and analysis to make strategic and tactical recommendations to senior stakeholders

- Assisting and supporting the annual Reward cycle including salary review, bonus and other Reward initiatives

- Assisting with design of pay, benefits and incentive schemes to ensure the remuneration structure is market-competitive

- Supporting People teams with Reward queries and solving problems

- Managing survey submissions, sourcing data, matching roles and benchmarking analysis 

- Assisting on ad-hoc and change projects throughout the year

You will need

- Experience of data analysis and modelling; managing and manipulation of large complex data sets

- Experience analysing information, drawing insight and establishing recommendations

- Experience of Delivering Reward initiatives including: Pay Review, Equal Pay audits, salary surveys, benchmarking and pay ranges, incentive schemes, job evaluation, information management

- Inquisitive mind and conceptual thinker

- Analytical, numerical and problem solving skills

- MS Office; particularly Excel - advanced level and PowerPoint

- Project management skills; strong planning and organisational skills; ability to work to tight deadlines and manage conflicting priorities

- Strong written and verbal communication skills

What’s in it for you

We offer excellent benefits that help make Tesco a great place to work.  These include but aren’t limited to:
  • An annual bonus scheme which you can achieve up to 3.5% of base salary
  • Colleague Clubcard (including a 2nd card for a family member) after 6 months service with 10% off most purchases at Tesco
  • Holiday starting at 20 days plus a personal day
  • A retirement savings plan - 4%-7.5% contribution rate
  • Life Assurance - 5 x contractual pay 
  • Buy As You Earn Scheme
  • Save As You Earn Scheme
  • Deals & Discounts through Tesco including Tesco Mobile & Tesco Bank
  • Deals and Discounts through many other external businesses

About us

Our vision here at Tesco is to become every customer's favourite way to shop, whether they are at home, out shopping, on the move, anywhere in the world.
Our core purpose is ‘Serving Britain's shoppers a little better every day’.
Our business was built with a simple mission – to be the champion for customers, helping them to enjoy a better quality of life and an easier way of living. This hasn't changed. Customers want great products at great value which they can buy easily and it's our job to deliver this in the right way for them.
In the UK, we serve some 66 shoppers every second, so it's our goal to ensure every one of those customers experiences just a little better service on each visit.
We want our customers to be inspired and whatever they are looking for, we’re finding bigger and better ways to provide it.
We need people who share our ambition to deliver for our customers; passionate and confident people willing to take the initiative and drive us forwards. In return we offer excitement, a great team, an excellent benefit package and significant career development opportunities.
If that sounds exciting then we'd love to hear from you.
NOTE: Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details on your agreed start date.

Application process

Our office application process varies depending on the role and the level of experience needed.

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