Reward Analyst

Role: Reward Analyst

Salary: £43K - £48K

Band: 2

Position type: TfL Permanent

Location: Palestra (Southwark – London)

Hybrid working within this role enables a balance of 50 per cent of time split between the office and home over a 4-week period. Hybrid working arrangements can evolve subject to business requirements.

Job Overview

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 in pay management and our journey towards pay transparency, rethinking our approach to our performance pay schemes and reinvigorating our benefits and recognition through benchmarking and actively listening to our people’s needs whilst maintaining our overall focus on affordability.

We are seeking an experienced Reward Analyst who can support in the delivery of change projects whilst continuing to meet the flexibility required and the high standards demanded in delivering our day-to-day activities.  

Working collaboratively with our other Reward Analysts, you will support a team of Reward Specialists and Senior Reward Managers in delivering our busy annual cycle of compensation, benefits and recognition activities. You will have experience of working in a Reward environment and able to demonstrate a strong depth of knowledge around remuneration analysis, pay surveys and job levelling. 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. Knowledge of PowerBI is also highly desired.

This role will support across all areas of compensation and benefits undertaking data analysis, research, benchmarking, supplier management and presenting findings from these activities in a clear and meaningful way. You will also be supporting the delivery of pay gap reporting and annual pay and performance processes across TfL. 

Key accountabilities

• The management and manipulation of large data sets (normally in MS Excel or PowerBI) that enable various Reward processes and activities to be undertaken.
• Supporting key BAU processes such as the annual pay reviews across a number of different pay frameworks, pay planning and pay structure maintenance, remuneration committee paper development, strategic pay audits and pay gap reporting. 
• Benchmark, research and investigate through pay and benefits surveys and participation in external Reward forums, analysing and evaluating internal and external information to support the improvement of market benchmarking 
• Support the development of pay structures through the analysis of external market data to recommend pay range values and structure design that is appropriate for TfL's requirements 
• Produce clear, relevant analytical data to support the delivery of our pay gap reporting 
• 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 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 advanced excel skills for complex modelling, data management, advanced formulas, pivot tables and use of PowerBI as well as being highly analytical and numerate with experience of analysing and interpreting data and clearly communicating findings.
• Your knowledge of interrogating data to understand problems and provide appropriate solutions or recommendations to the business.
• Proven experience of pay survey submission and results analysis, (preferable to have experience of using Willis Towers Watson MDS survey). 
• Your understanding of employee benefits including voluntary schemes, tax efficient salary sacrifice and benefit in kind arrangements. 
• 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 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 2-page CV and one-page covering letter. 

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

The closing date for applications is Wednesday 10th June 2026 @ 23:59

We will have 2 interview stages. First stage will be virtual and a second face to face interview. The first stage interview will be held w/c 22nd June. The second stage ( final stage) will be held on the 14th and 15th July 2026. 

All offers of employment are subject to satisfactory right‑to‑work checks. Candidates must be able to demonstrate their right to work in the UK.  At the present time TfL is unable to offer visa sponsorship for this role.   

Vetting Process

At Transport for London, safety, trust and fairness sit at the heart of how we recruit. Our Vetting Charter (https://tfl.gov.uk/corporate/careers/our-vetting-process) explains the checks we carry out before you join us, helping ensure we create a safe, inclusive and reliable network for everyone who depends on our services. We simply ask that the information you provide is honest and accurate so we can progress your application smoothly. If something doesn’t match or can’t be verified, we may not be able to move forward with your application but we’ll always treat you with transparency, respect and clear communication throughout.

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