Reward Lead - Compensation & Analytics

Role Title:   Reward Lead - Compensation & Analytics

6-9 months Fixed Term Contract 

We anticipate paying a salary from £62,000 - £81,500 DOE

Location: Derby, Warrington OR Manchester offices - Hybrid working flexibility

We are Rolls-Royce SMR and we’re doing something that’s never been done before. We’re revolutionising an industry. That’s a once-in-a-career opportunity for those excited by such a challenge. This is more than just a job; this is a legacy.

We are now recruiting for a Reward Lead - Compensation & Analytics (FTC), to be involved in a game changing role as we strive to make the nuclear industry more diverse.

Rolls Royce SMR is a bold and ambitious company with a highly skilled workforce that operates at pace to maintain competitive advantage and to succeed on our vision to deliver affordable energy for all. 

Role Purpose

We are seeking a skilled and experienced Compensation & Analytics professional to be a subject matter expert (SME) in the delivery and operation of the company’s compensation and analytics practices. 

This role will be pivotal in ensuring the company’s compensation structures are competitive, equitable, and aligned with business objectives. The ideal candidate will be proficient in job evaluation and role sizing—preferably certified in Willis Towers Watson’s Global Grading System (GGS)—and have hands-on experience with Workday compensation modules.

Key responsibilities

Job Evaluation & Role Sizing

• Manage job evaluation processes using Willis Towers Watson’s methodology, including the Global Grading System (GGS).
• Maintain the integrity and consistency of job architecture, job levelling, and grading across the organization.

Compensation Benchmarking & Analysis

• Conduct and analyze salary benchmarking using external market data to inform compensation decisions and pay structure designs.
• Evaluate and propose competitive compensation packages (base salary, incentives, allowances, and benefits) aligned with internal equity and external competitiveness.

Advisory Support & Stakeholder Partnership

• Partner closely with HR Business Partners (HRBPs), Talent Acquisition Partners (TAPs), and Line Managers to provide expert advice and guidance on compensation decisions, internal equity, and market alignment.
• Support compensation elements of the recruitment process including offer design and negotiations.

Compensation System Management (Workday)

• Serve as the compensation subject matter expert on Workday HCM, including system configuration, annual compensation planning cycles, and process enhancements.
• Collaborate with HRIS and IT to maintain, test, and improve Workday compensation-related modules and data integrity.

Data & Reporting

• Provide regular and ad-hoc compensation analytics and dashboards to support decision-making.
• Monitor internal pay trends, identify risks or gaps, and make data-driven recommendations to mitigate them.

Projects

• Lead or support cyclical activity, such as ‘Annual reward Review’ or ‘Incentive’ plan launch or payment.
• Lead or Support ad-hoc project work within the HR function or across the business.

What we are looking for 

• Relevant experience in total reward and analytics delivery, preferably within a complex organization.
• Hands-on experience with Workday Compensation module, including configuration and reporting.
• Strong analytical skills with advanced proficiency in Excel and HR analytics tools.
• Excellent interpersonal and communication skills, with the ability to influence and collaborate with stakeholders both vertically across functions.
• Strong understanding of labor market trends, compensation practices, employee relations and regulatory compliance.

Beneficial Experience, Training or/and qualifications

• Preferably a Bachelor’s degree in Human Resources, Business, Finance, or related field or equivalent demonstrable experience.
• Certification in Willis Towers Watson’s Global Grading System (or equivalent methodology) is highly desirable.
• HCM Workday experience for Compensation and Reward Modules (beneficial)

 
Why Join Us?

You will be joining a forward-thinking organization that values transparency, fairness, and innovation in its reward philosophy. You will play a key role in shaping the way we attract, retain, and motivate our talent.

Confidence can sometimes hold us back from applying for a job. But we'll let you in on a secret: there's no such thing as a 'perfect' candidate. If you feel you meet 75% of the requirements for this role, we would love to hear from you.

Also, if you are considering a career move or a sector-jump, please get in touch, we welcome applications from people with transferable skills.

We are Rolls-Royce SMR

Rolls-Royce SMR is a rare employer because it blends the world-class brand of Rolls Royce with an exciting start-up that has a hugely challenging mission. We’re doing work that contributes to the survival of the planet. Because of our mission, there’s a pace and energy that is palpable, and our leaders draw you in with their passion, energy, and determination.

We’re one of a handful of employers who can genuinely say we’re a strengths-based organisation – our people are here because of what makes them great, and our job is to help them make the best contribution of their careers doing work they love.

The start-up mentality coupled with our strengths-approach to people means there are opportunities to grow in ways and jobs you probably would be barred from doing in more traditional companies.

Each Rolls-Royce SMR power station will have the capacity to generate 470MW of low carbon energy, equivalent to more than 150 onshore wind turbines and enough to power a million homes. It will provide consistent baseload generation for at least 60 years, helping to support the roll out of renewable generation and overcome intermittency issues

Our Culture

At Rolls-Royce SMR, we are committed to ensuring that our teams reflect the communities we serve and that everyone can be themselves at work. We know that diverse teams are more innovative and get better results, and that our people can thrive and be more successful in truly inclusive cultures. Join us and help shape our culture. Find out more about our inclusion pledge.

Rolls-Royce SMR is a place where everyone can grow, so whatever background you bring with you, please apply if this is a role that would make you excited to come into work every day and help shape our culture.