Reward Analyst

London, England, United Kingdom

5/7/2025

Job Title: Reward Analyst

Band - Band 2

Salary - £43,500 - £48,000 depending on skills and experience + TfL benefits

Location - Palestra/Hybrid

Contract Type - TfL Permanent

Hybrid working within this role enables a balance of 50 per cent of time split between the office and home. Hybrid working arrangements can evolve subject to business requirements.

Job Purpose

Our Colleague Strategy is focused on making TfL a great place to work for everyone and the Reward Strategy that underpins this is focused on transforming our Reward to make it fair, transparent and attractive for all whilst keeping it affordable.

We are developing and implementing significant changes in Reward at TfL. This includes reinvigorating our benefits and recognition offerings. Starting with a strong foundation of benchmarking and actively listening to our people’s needs whilst maintaining our overall focus on affordability. We are also reviewing our pay management in our journey towards pay transparency and rethinking our approach to our performance pay schemes.

Needing to deliver change whilst continuing to meet the flexibility required and the high standards demanded in delivering our day-to-day delivery means that we are now looking to strengthen our team Analyst, Specialist and Senior Reward Manager). This will help us achieve our aspirations for Reward and to truly deliver a compelling proposition for all our colleagues.

In this role you will working collaboratively with our Reward Specialist and Senior Reward Manager in delivering and developing our busy benefits and recognition agenda. You will have experience of working in a Reward environment and able to demonstrate a strong depth of knowledge around benefits and recognition. You will have intermediate to advanced excel skills, experience of benefits benchmarking as well as managing and communicating benefits and recognition in a large complex organisation and managing and analysing large quantities of data and clearly communicating your findings.

This role will primarily support our ongoing benefits and recognition management as well as benchmarking. data analysis and research, presenting findings from these activities in a clear and meaningful way. You will also be supporting the delivery of projects and communications across TfL.

Key Accountabilities

• Management and manipulation of large data sets (normally in MS Excel) in support of benefits and recognition activities.
• Benchmark, research and investigate through surveys and participation in external Reward forums, analysing and evaluating internal and external information to support the improvement of market benchmarking.
• Management and manipulation of large data sets (normally in MS Excel) in support of benefits and recognition activities. Knowledge of PowerBi would also be helpful.
• Design, develop, implement and maintain a reward dashboards that provide current, clear and concise information relating to all aspects of Reward within TfL.
• Work with key stakeholders to ensure the successful delivery of key benefits and recognition processes, including cycle to work salary sacrifice, private medical benefit and the soon to be launched electric vehicle salary sacrifice Scheme.
• Support in the continuous development and maintenance of SharePoint Reward Hub to ensure clear access for employees across TfL to products.
• Support in the management and relationships with 3rd party suppliers including contractual, commercial and procurement activities as well as supplier invoicing, purchase order management and accruals.
  
  

What You Can Offer Us

• Your proven intermediate / advanced excel skills for modelling, data management, advanced formulas, pivot tables as well as being highly analytical and numerate with experience of analysing and interpreting data and clearly communicating findings
• Experience of benefits benchmarking and results analysis and presenting findings from these activities in a clear and meaningful way
• Your successful stakeholder and relationship management skills within a complex organisation.
• Your knowledge of interrogating data, processes and issues to understand problems and provide appropriate solutions or recommendations to the business.
• Your demonstration of previous success of supporting the delivery and communication of benefits and recognition solutions aligned to business and people strategies within a large, complex organisation.
• Your understanding of employee benefits including voluntary schemes, tax efficient salary sacrifice and benefit in kind arrangements is invaluable.
• Through your own networks and resources, you keep yourself updated on developments in Reward and are keen to apply this to help shape our future.
• Beyond your proven Reward expertise, your desire and ability to work collaboratively with your colleagues in Reward as well as more widely across our People function is a pre-requisite for success. You will enjoy working together as a team of experts and sharing knowledge as well as being organised with experience of managing a varied workload to tight timescales.
  
  

What We Can Offer You

• A chance to work in a truly diverse organisation with a unique purpose. We do much more than run the Tube! Transport is central to the vision of the Mayor, Sir Sadiq Khan, to create a city for all Londoners. The Mayor's Transport Strategy sets out his plans to transform London's streets, improve public transport and create opportunities for new homes and jobs. Your work will help attract and retain our talent sourced from all quarters to fulfil this purpose, improving the lives of all Londoners.
• A great team to work in. We would say that wouldn’t we?..But we are collaborative and supportive and will see your success as our own. TfL is committed to diversity. Action on Inclusion is our strategy that underpins our approach.
• We offer hybrid working – we expect you to be in the office 50% of the time only.
• We already offer a fantastic Reward package (we just need you to help us continually improve it and help us promote it better to our people). Competitive pay, annual performance award opportunity, DB final salary pension, discounted commuting and travel, private medical, 30 days annual leave, discounts, Cycle to Work, and a soon to be launched Electric Vehicle Salary Sacrifice Scheme are all on offer. And if there’s something missing, there’s always the opportunity for you to help put that right!
  
  

Equality, diversity, and inclusion

We are committed to equality, diversity, and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria. We also use anonymising software that removes identifying information from CVs and cover letters to make the process fair.

Application Process

Please apply using your CV and a two-page covering letter.

Think carefully about the skills, knowledge and experience in the advert and cover this in your CV and cover letter. PDF format preferred and do not include any photographs or images

The closing date for applications is Wednesday 21st May 2025 @ 23:59

Benefits

In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow. Rewards vary according to the business area but mostly include:

• Final salary pension scheme
• Free travel for you on the TfL network
• Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home or 75% reimbursement on a 28-day flexi ticket
• 30 days annual leave plus public and bank holidays
• TfL is committed to work-life balance, operating a hybrid working approach where business and role requirements allow.
• Private healthcare discounted scheme (optional)
• Tax-efficient cycle-to-work programme
• Retail, health, leisure and travel offers
• Discounted Eurostar travel