Total Rewards Analyst (1 year contract)

Overview PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated nearly $92 billion in net revenue in 2024, driven by a complementary beverage and convenient foods portfolio that includes Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com, and follow on X (Twitter), Instagram, Facebook, and LinkedIn @PepsiCo. Responsibilities The purpose of the role is to provide analytical, operational, and reporting support for Total Rewards processes across South East Europe & Baltic market unit, ensuring accurate administration of annual incentive and compensation programs, executive compensation activities, severance reporting, and Total Rewards analytics. The role is responsible for validating data, ensuring policy compliance, producing management reporting, supporting reward-cycle execution, and acting as a key liaison between local stakeholders and centralized reward-process teams. 1. Annual Incentive & Compensation Cycle Support Coordinate communications on cycle requirements, key milestones, timelines, and process changes. Prepare reward systems and complete process-readiness activities ahead of each cycle. Validate employee eligibility, performance inputs, targets, compensation data, and calculation outputs. Review bonus and compensation recommendations to ensure completeness, accuracy, and alignment with approved guidelines and budgets. Validate differentiated merit and reward parameters in reward-management systems. Investigate and resolve discrepancies, system issues, and data-quality exceptions. Coordinate approval workflows and support the accurate and timely submission of data to payroll. Maintain clear process documentation and robust audit trails. 2. Executive and Leadership Compensation Support Review and validate leadership compensation statements. Prepare manual compensation statements when required. Coordinate bonus payout data for executive and leadership populations. Support the calculation and validation of trailing bonuses and premiums. 3. Total Rewards Reporting & Analytics Prepare fully loaded labor cost analyses. Create and distribute monthly leadership compensation reports. Consolidate and validate compensation, benefits, employer costs, incentives, and other employment-cost data. Deliver accurate, actionable analyses that support business and people decisions. Identify and investigate trends, variances, and reporting exceptions. 4. Governance, Compliance & Stakeholder Management Ensure compliance with company policies, reward guidelines, and governance requirements. Review exception requests and escalate material cases through the appropriate approval channels. Maintain high standards of data confidentiality, privacy, and security. Serve as a trusted local point of contact for business stakeholders, People teams, payroll, and centralized reward operations teams. Qualifications University degree Previous relevant experience within Total Rewards/HR Operations Understanding of compensation and benefits principles, annual incentive and salary review processes, HR data governance and compliance, reporting and workforce analytics, payroll interfaces and compensation administration. Advanced Excel skills Data validation and reconciliation with reporting and dashboard creation skills Analytical thinking and attention to detail Confidentiality and integrity Fluent in English