Reward Analyst, Business

The Role:

At NEXT we have a great opportunity for a Reward Analys
t 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.

• 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.

• 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.