Compensation Analyst

Compensation Analyst

Maidenhead Temporary 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Analyse and communicate compensation programs while collaborating with teams across EMEA.
  • Company: Join a dynamic organisation focused on fair employee compensation and market insights.
  • Benefits: Enjoy a hybrid work model and competitive pay of £225 per day.
  • Why this job: Gain valuable experience in HR and make an impact on employee satisfaction and compensation strategies.
  • Qualifications: 2-3 years HR experience required, with strong analytical skills and Excel proficiency.
  • Other info: Fluency in another European language is a plus!

The predicted salary is between 36000 - 60000 £ per year.

Role: EMEA Compensation Analyst

Duration: 12 months

Location: Maidenhead (Initially office based – hybrid)

Pay rate: £225 per day PAYE

Analyses and communicates compensation programs, including compensation survey administration, salary administration, job analysis, documentation and evaluation, market pricing, data management (HRIS), and ad-hoc duties as required.

Works in collaboration with client groups across EMEA to review employee compensation and associated elements, such as base salaries, target compensation and job evaluations.

Coordinates the administration, data collection, and submission for participation in global compensation surveys.

Assists in the preparation of presentations to communicate key insights and trends.

Experience: Workday or similar.

Knowledge: Excel to good standard e.g. lookups and using multiple data sources.

Qualifications:

  • 2-3 years HR experience in a medium to large organisation (or equivalent), with exposure to EMEA compensation analysis and administration.
  • Experience or exposure to EMEA benefits administration a bonus.
  • Strong analytical skills that can be applied to surveys, year-end compensation process, market pricing, recommendations to management, etc.
  • Fluency in an additional European language would be an advantage.
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Contact Detail:

Cpl Life Sciences Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Compensation Analyst

✨Tip Number 1

Familiarise yourself with the latest trends in compensation analysis, especially within the EMEA region. Understanding current market rates and compensation packages will help you engage in meaningful discussions during interviews.

✨Tip Number 2

Brush up on your Excel skills, particularly functions like VLOOKUP and data management techniques. Being able to demonstrate your proficiency in handling large datasets can set you apart from other candidates.

✨Tip Number 3

Network with professionals in the HR and compensation field, especially those who have experience in EMEA markets. This can provide you with valuable insights and potentially lead to referrals for the position.

✨Tip Number 4

If you speak an additional European language, make sure to highlight this in conversations. It can be a significant advantage in a role that involves collaboration across different countries.

We think you need these skills to ace Compensation Analyst

Analytical Skills
Compensation Analysis
Data Management (HRIS)
Market Pricing
Salary Administration
Job Analysis
Excel Proficiency (including lookups and data manipulation)
Presentation Skills
Collaboration Skills
Attention to Detail
Problem-Solving Skills
Knowledge of EMEA Compensation Practices
Fluency in a European Language (advantage)
Adaptability
Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant HR experience, particularly in compensation analysis and administration. Emphasise any specific projects or roles that demonstrate your analytical skills and familiarity with EMEA compensation practices.

Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Compensation Analyst role and how your background aligns with the job requirements. Mention your experience with tools like Workday and Excel, and any additional European languages you speak.

Showcase Analytical Skills: Provide examples in your application that showcase your analytical skills. Discuss any relevant projects where you analysed compensation data or participated in salary administration, and how your insights contributed to decision-making.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a role that involves data management and analysis.

How to prepare for a job interview at Cpl Life Sciences

✨Know Your Numbers

As a Compensation Analyst, you'll be dealing with data and analytics. Brush up on your knowledge of compensation metrics and be prepared to discuss how you've used data in previous roles to influence decisions.

✨Familiarise Yourself with Workday

Since experience with Workday or similar systems is essential, make sure you understand its functionalities. If you have prior experience, be ready to share specific examples of how you've utilised it in your work.

✨Showcase Your Analytical Skills

Prepare to demonstrate your analytical skills during the interview. You might be asked to solve a problem or analyse a scenario related to compensation. Practise explaining your thought process clearly and logically.

✨Research EMEA Compensation Trends

Stay updated on current trends in EMEA compensation. Being able to discuss recent developments or changes in the market will show your interest and expertise in the field, making you a more attractive candidate.

Compensation Analyst
Cpl Life Sciences
Location: Maidenhead
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