Total Rewards Analyst

We feel that banking has been set up against us for too long. From overdraft fees to payment processing, banking products are confusing, stressful, and frankly - boring.

Mollie was founded to change the status quo. We’re creating a new generation of financial products designed entirely around our customers to make money management effortless for every business in Europe.

Today, we serve more than 250,000 businesses across Europe with an all-in-one solution that simplifies payments and money management. And we’re a 850-strong team of product, finance, support, commerce, and engineering specialists working across Europe – from Lisbon to London.

Reporting into the Total Rewards Lead, you will be a key partner in shaping our compensation and benefits strategy across all our markets. As a Total Rewards Analyst, you will conduct market research, support salary benchmarking, optimize benefits programs and ensure compliance with pay transparency regulations.

We are looking for an analytical and detail-oriented professional with experience in compensation structures, equity programs and benefits optimization. You will work closely with cross functional teams to drive data-driven insights and enhance our total rewards offerings.

• Compensation Analysis & Benchmarking:

  • Conduct market research and salary benchmarking to ensure competitive and equitable pay structures.

  • Support the annual compensation review cycle, including salary adjustments, promotions, and bonus planning.

  • Partner with finance to model and forecast compensation costs.

• Benefits & Perks Optimization:

  • Assess and enhance benefits offerings across 12 markets, ensuring they remain competitive and compliant.

  • Collaborate with vendors to manage and optimize our benefit programs.

  • Monitor employee feedback and market trends to propose new benefits where relevant.

• Job Architecture & Equity Programs:

  • Maintain and refine our job leveling framework.

  • Provide analytical support for equity programs (RSUs, stock options, etc.).

• Data & Compliance:

  • Ensure compliance with local labor laws and pay transparency regulations across EU markets.

  • Generate reports and dashboards to provide insights into pay equity, retention, and engagement trends.

• 5-7 years of experience in compensation, benefits, or total rewards—ideally in a tech or high-growth environment.

• Strong knowledge of European labor laws, pay practices, and benefits trends.

• Analytical mindset with experience using compensation survey tools (e.g., Radford, Mercer, or equivalent).

• Proficiency in Excel/Google Sheets; experience with HRIS and analytics tools (e.g., Workday, Tableau, or equivalent) is a plus.

• Strong stakeholder management skills—comfortable working with HR, Finance and business leaders.

• Ability to balance detail with big-picture thinking, making data-driven recommendations that align with business goals.

• Fluent in English; additional European languages are a plus.