Reward Specialist Analytics

Location UK-Newcastle upon Tyne | UK-Winnersh | UK-London
Job ID
2017-17347
Category
Human Resources/Legal
Position Type
Permanent

Overview

Reward Analyst

 

To provide expert analytical support to enable quality, evidence-based pay decision-making for the Reward & Recognition sub-function and our customers, the People Business Partners, enabling Sage to attract, motivate and retain the talent required to achieve its business goals in a competitive, fast-moving sector.

 

Responsibilities

Key accountabilities and decision ownership:

Maximise the value of Sage’s use of external pay surveys. Ensure the external market data reporting cycle is optimised into Sage’s financial year.
Partner with Reward Specialists to ensure pay survey data is calibrated with market intelligence, with a focus on key competitors in key markets. Keep on the pulse of market developments impacting our ability to attract, motivate and retain talent.
Provide evidence-based recommendations on adjustments to internal pay ranges.
Model executive package values to enable Sage to attract quality leadership talent in key markets.
Provide market intelligence for the Reward & Recognition team’s inputs into the business planning cycle.
Perform reward due diligence assessments on M&A targets and provide integration analyses to decision-makers.
Provide analyses on executive remuneration for Remuneration Committee papers.
Own the executive remuneration database and associated exec remuneration reporting (including data in the Sage Rewards system), ensuring it is 100% accurate.
Build reliable pay models and analytics for decision-makers (bonus, salary review, ad hoc models). Design incentive models and assess of fitness-for-purpose of existing models, inputting into discussions on their efficacy. Calculate bonus outturns.

 

Key performance indicators:

Quality and reliability of market intelligence on pay provided to Reward Specialists.
Quality and reliability of pay models provided to decision-makers.
Quality of analyses provided for RemCo meetings.


Key stakeholders:

Director, Exec Reward; EVP Reward & Recognition; VP Reward & Recognition; Reward Specialists; People Business Partners

Qualifications

Skills, know-how and experience:

Must have:

Proficiency in English language, verbal and written.
Strong understanding of an annual reward cycle and the Reward sub-function’s place in the employment proposition from attraction through to exit.
Advanced Excel skills with the ability to draw meaningful and reliable conclusions from large, complex and sometimes incomplete datasets.
Ability in basic statistics (mean, median, quartiles, standard deviation, linear regression) and ability to apply knowledge of basic economics (nominal vs. real wages, supply and demand, productivity).
Strong understanding of market pay dynamics.
Ability to build complex models.
 

Preferred:

Intermediate statistics (log distributions, multiple regression, chi square, nonparametric statistics, Monte Carlo).
Ability to derive insights on pay from competitors’ financial reports.
Technical / professional qualifications:

Economics or statistics qualification desirable.

Company Information

Our Story


Sage is the market leader for integrated accounting, payroll and payment systems, supporting the ambition of the world’s entrepreneurs.

 

Like many of the businesses we serve, Sage began as a small business and has grown beyond what seemed imaginable. Today over 13000 colleagues now support millions of entrepreneurs across 23 countries as they power the global economy.

It is these entrepreneurs who are the drivers of prosperity and it’s our privilege and honour to serve them. We take real pride from how many of our customers have flourished and, that our products have grown with them as they moved from start-up to successful, international businesses.

In a world where only the voices of the biggest are heard, we will always fight to hear the voice of the entrepreneur.

 

An innovator today and tomorrow     

Our smart people use the smartest technology to reinvent and simplify business accounting - working with a thriving community of entrepreneurs, business owners, tradespeople, accountants, partners and developers. 

We enable our customers to focus on their business and help them to leapfrog to the future.

 

Inventing the future 

We are changing the way that millions of businesses track the movement of money through their business. We are also changing the way we do business. And as a FTSE 100 business we believe in a socially-responsible world and we are active in supporting our local communities and invest in making a real difference through the philanthropy of the Sage Foundation. Our Sage Foundation is based on the 2+2+2 model - 2% of free cash flow, 2% of colleagues' time and up to 2 free products each year to charitable organizations. Colleagues are empowered to give to the causes that matter to them.

Our customers make life-sacrifices. They take risks to follow their dreams and pursue their passions and, on this, global prosperity is built. They deserve a bigger voice and we will always work hard to champion this noble cause.

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