Compensation Analyst (6 month FTC)
Who we are
We are an organisation that exists to drive progress. That's the “red thread” that connects everyone at The Economist Group (TEG). Our businesses share a devotion to innovation, independence and rigour in their fields of expertise. We empower people to understand and tackle the critical challenges and changes facing the world. Our analytical rigour, global expertise and evidence-based insights enable individuals and organisations to make sense of these shifts and chart a course through them.
We deliver analysis and insights in many formats to subscribers and clients in 170 countries through our four businesses, The Economist, Economist Impact, Economist Intelligence and Economist Education, which uphold our global reputation for excellence and integrity.
The role
As a Compensation Analyst, you will provide analytical and operational support across core compensation activities. This role blends analytical insight with operational delivery and is key to supporting the People and Total Rewards teams during an important transition and transformation phase. You will assist with implementing and maintaining the job architecture post-project, support the upcoming annual compensation review, and provide guidance and support to multiple stakeholders on day-to-day compensation activities.
This role is a 6 month fixed term contract to support our ongoing job architecture project.
Responsibilities
- Job Architecture & Maintenance
- Support the Head of Reward in embedding the output of the job architecture project across the organisation.
- Assist with ongoing maintenance, updates and quality control of the job architecture framework and tools as part of governance.
- Coordinate data and documentation related to job descriptions, grading and mapping activities.
- Annual Compensation Review
- Support the process owner in the preparation and execution of the annual compensation review process.
- Produce and check compensation data, analysis and modelling to support decisions and recommendations. Help manage queries from the People Business Partners and the business.
- Help configure and manage annual review elements within the HRIS/compensation modules. Execute all tasks delegated by the process owner.
- Operational Reward Activities
- Respond to internal requests related to compensation benchmarking, job evaluations and grade recommendations.
- Prepare and interpret market data, internal analyses and participation in survey submissions.
- Administer the vesting process of RSS awards from April to July.
- Maintain documentation for ad hoc benchmarking and pay change requests. Support the People Business Partners on job matching, particularly when advice and recommendations are needed.
- Work with the People Tech team to ensure data accuracy, integrity and generate reports as needed.
- Stakeholder Engagement
- Work with People Business Partners, People Tech, People Ops and Payroll to coordinate compensation outcomes.
- Support clear communication and rollout of processes and tools with internal stakeholders.
Who you are
- Experience in compensation or total rewards analytics (corporate HR environment preferred)
- Strong analytical skills with ability to interpret and present data insights
- Proficiency in Excel (or equivalent) and experience with HRIS (ideally HiBob)
- Excellent organisational skills with attention to detail
- Ability to work independently and collaboratively within a team
- Clear communicator with ability to engage stakeholders at different levels
- Experience with job architecture frameworks and market benchmarking tools
- Understanding of global grading systems such as Willis Towers Watson or Radford
- Prior exposure to annual compensation review cycles
#LI-Hybrid
Working Arrangements
The majority of our roles operate on a hybrid working pattern, with 3+ days office attendance required.
AI usage for your application
We are an innovative organisation that encourages the use of technology. We recognise that candidates may utilise AI tools to support with their job application process. However, it is essential that all information you provide truthfully and accurately reflects your own experience, skills, and qualifications.
What we offer
Our benefits package is designed to support your wellbeing, growth, and work-life balance. It includes a highly competitive pension or 401(k) plan, private health insurance, and 24/7 access to counselling and wellbeing resources through our Employee Assistance Program.
We also offer a range of lifestyle benefits, including our Work From Anywhere program, which allows you to work from any location where you have the legal right to do so for up to 25 days per year. In addition, we provide generous annual and parental leave, as well as dedicated days off for volunteering and even for moving home.
You will also be given free access to all The Economist content, including an online subscription, our range of apps, podcasts and more.