Reward Analyst

Job Description

The Role:

At NEXT we have a great opportunity for a Reward Analyst to join our Head Office HR team in Leicestershire. Reporting to the HR Data Manager, the Reward Analyst will play an essential role in supporting HR teams to make informed decisions around compensation and plan strategically, led by market data. You will help bring to life our reward strategy across all business areas.

This role will support the business during a period of significant legislative change. You will ensure our compensation frameworks are not only market-competitive but also fully compliant with evolving Pay Transparency regulations and Equal Pay standards. You will act as a subject matter expert, using data-driven insights to advise on all things pay and reward. This is a hybrid position working 2-3 days per week from Head Office.

What You'll Take On:

• Market Intelligence: Manage external survey provider relationships and apply 2026 market trends (CPI/RPI) to provide expert pay positioning recommendations.
• Data Modelling & Dashboards: Build real-time pay dashboards and bonus forecasting models to ensure budget alignment and ROI on total reward spend.

Strategic Analysis: Evaluate the effectiveness of our current salary structures and incentive schemes through deep-dive analysis.

Regulatory Leadership: Lead the data analysis for Gender Pay Gap reporting and ensure our job architecture meets evolving Equal Pay standards.

Technical Project Lead: Serve as the technical specialist for system implementations and the roll out of integrated Total Reward Statements.

What You'll Bring:

• Technical Skill - Advanced Excel & data visualisation; ability to turn complex sets into actionable insights.
• Expertise- Deep understanding of UK compensation law and the EU Pay Transparency Directive.
• Commerciality- A "business-first" mindset that balances internal equity with cost-effectiveness.
• Communication-The ability to translate "technical reward speak" into clear advice for HR partners and stakeholders.
• Project Management- Experience managing cyclical reward events (annual reviews/bonus cycles) to strict deadlines.
  
  

About Us

You know Next, but did you know we’re a FTSE-100 retail company employing over 35,000 people across the UK and Ireland. We’re the UK’s 2nd largest fashion retailer and for Kidswear we’re the market leader. At the last count we have over 500 stores, plus the Next Online and it’s now possible to buy on-line from over 70 countries around the world! So we’ve gone global!

About The Team

• 25% off most NEXT, MADE*, Lipsy*, Gap* and Victoria's Secret* products (*when purchased through NEXT)
• Company performance based bonus
• Sharesave scheme
• On-site Nursery available; OFSTED outstanding in all areas
• 10% off most partner brands & up to 15% off Branded Beauty
• Early VIP access to sale stock
• Access to fantastic discounts at our Staff Shops
• Restaurants with great food at amazing prices
• Access a digital GP and other free health and wellbeing services
• Free on-site parking
• Financial Wellbeing - Save, track and enhance your financial wellbeing
• Apprenticeship - Grow and develop on the job whilst gaining a qualification
• Direct to Work - Discount online and instore, collect your items the next day for free from your place of work or local store
• Support Networks - Access to Network Groups to empower and celebrate each other
• Wellhub - Discounted flexible monthly gym memberships, with apps, PT sessions and more
  
  

Conditions apply to all benefits. These benefits are discretionary and subject to change.

We aim to support all candidates during the application process and are happy to provide workplace adjustments when necessary. Should you need support with your application due to a disability or long-term condition, feel free to get in touch with us by email headoffice_careers@next.co.uk (please include 'Workplace Adjustments' in the subj

ect line), or call us on 0116 284 2486 and leave a voicemail.