Senior Compensation Analyst
Senior Compensation Analyst

Senior Compensation Analyst

Full-Time 60000 - 90000 £ / year (est.) Home office possible
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At a Glance

  • Tasks: Join our People Team as a Senior Compensation Analyst, overseeing compensation strategies and data accuracy.
  • Company: Payscale is a leader in compensation data technology, empowering Fortune 500 companies with innovative solutions.
  • Benefits: Enjoy flexible remote work, generous PTO, comprehensive health benefits, and a supportive company culture.
  • Why this job: Be part of a high-growth company that values employee well-being and offers opportunities for strategic impact.
  • Qualifications: 7+ years in compensation, a relevant degree, and proficiency in compensation software required.
  • Other info: Work remotely from anywhere, with occasional in-person events to connect with the team.

The predicted salary is between 60000 - 90000 £ per year.

Job Summary:
Our People Team is made up of Payscale’s People functions (HRBP, Talent Aquisition, etc) as well as our operational functions (PMO, Enablement, Manila Site Ops).The broader People team is here to ensure that we balance driving a high-performance culture with employees having all that they need to bring their full selves to work. In particular, the Total Rewards team is responsible for setting a compensation and benefits strategy to help us build and retain best-in-class teams that enable us to meet (& exceed!) our company objectives.
We\’re looking for an experienced Senior Compensation Analyst to join our growing people team to ensure we haveaccurate data, pay equity, and a strong comp philosophy to support our employees.In this critical role, you will own and oversee the compensation administration and the execution of compensations strategies that tie to the future of work. As a high growth company, you will contribute hands on and strategically as we scale our business operations. We believe in integrated talent strategies that align to business outcomes, which means you\’ll need to understand how compensation fits into a much larger picture driving not just internal impact but external impact for Payscale.
Key Responsibilities:
  • Execute day-to-day responsibilities such as matching and aligning base compensation and pay grades for new and existing positions in partnership with the HR and Talent teams.
  • Ensure data accuracy and gather benchmarking data to recommend compensation changes.
  • Act as trusted advisor to HR Business Partners, Talent Acquisition Team, and business groups, providing recommendations on compensation matters that both support business goals and ensure market competitiveness regarding application of compensation policies, practices, and guidelines.
  • Drive and support compensation program execution (including Year-end reviews, merit process, market adjustment processes, etc.)
  • Analyze and present relevant metrics and insights to drive the focus and execution of strategy.
  • Make bonus/incentive recommendations based on our current talent strategy.
  • Ensure that Payscale has competitive and fair compensation plans for all employees.
  • Influence leaders to address complex compensation issues required for business success as we expand our footprint.
  • Collaborate with other People team functions in the development and implementation of People programs.
  • Amplify our PayScale compensation software by working with Marketing and Sales as both a customer and external leader.
  • Work with HR and business leaders to continue to evolve our end- to-end compensation strategy with a focus on the talent lifecycle.
Qualifications:
  • 7+ years of progressive compensation experience within fast-growing technology companies
  • BA/BS degree with an emphasis in HR or equivalent combination of degree and experience
  • Experience administering compensation programs including but not limited to: Developing and maintaining a company\’s pay structure, performing compensation analysis, ensuring compensation structures are fair, equal and comply with changing laws and regulations.
  • Current Compensation Certification (like CCP)
  • Proficient with Payscale’s compensation software
  • Strong excel skills including using advanced features (pivot tables, look-ups, index, macros a plus, etc).
  • Experience researching, developing, designing and executing compensation philosophies that align with changing workforce dynamics associated with remote work, growth and expansion.
  • Experience influencing business leaders individually and collectively.
Skills:
  • Analytically driven: You are experienced utilizing qualitative and quantitative approaches to problem-solving and root cause analysis. Strong aptitude to translate metrics and data insights into measurable strategy.
  • Service Orientation: You have a strong service orientation with a commitment to providing an excellent employee experience regardless of the request.
  • Approach: You are approachable, empathetic but also bring sound judgment and problem solving ability to whatever is in front of you.
  • Detail oriented: The little things matter! You are highly organized, adaptable and able to flourish in a fast-paced startup environment.
  • Influence & Relationship Building: You have a highly collaborative style while also always working to get results. You dare to propose solutions others are reluctant to address, act in the face of resistance, and advocate for the best interests of the organization.
  • Exceptional verbal and written communicator: You are a clear, concise, professional communicator both when you\’re working with the business.

Compensation

In the spirit of pay transparency, we are excited to share that the base salary range for this position is $89,300 – $133,900, exclusive of fringe benefits or potential bonuses. This position is also eligible for an annual corporate bonus of 10%. If you are hired at Payscale, your final base salary compensation will be determined based on factors such as skills, education, and/or experience. In addition to those factors – we believe in the importance of pay equity and consider any internal equity of our current team members as a part of any final offer. Please keep in mind that the range mentioned above is the full base salary range for the role. Hiring at the maximum of the range would not be typical in order to allow for future & continued salary growth. We also offer a generous compensation and benefits package (more information on benefits listed below).

About Payscale

Payscale stands at the forefront of compensation data technology, pioneering an innovative approach that harnesses advanced AI and up-to-date and reliable market data to align employee and employer expectations. With its suite of solutions—Payfactors, Marketpay, and Paycycle—Payscale empowers 65% of Fortune 500 companies to make strategic compensation decisions. Organizations like Panasonic, ZoomInfo, Chipotle, AccentCare, University of Washington, American Airlines, and Rite Aid rely on its unique combination of actionable data and insights, experienced compensation services, and scalable software to drive business success. By partnering with Payscale, businesses can make confident compensation decisions that fuel growth for both their organization and their people.

Create confidence in your compensation. Payscale.

To learn more, visit www.payscale.com.

Location

Payscale has an employee centric remote-first model that provides you the flexibility to do your best work in a space that supports you, while also finding time to collaborate in person for the moments that matter.

In our remote-first model, employees can work from the location that works best for them. We do not have centralized corporate offices. Employees can choose to work from home, in company-paid co-working spaces, or any combination of the two that best suits their unique needs.

If you work from home, we recommend ensuring that you can meet the following technology, equipment and workspace requirements:

·High-Speed Internet – A stable broadband or fiber connection (satellite is highly discouraged) with a minimum speed of 100 Mbps in a dedicated workspace that has a reliable Wi-Fi signal.

·Device for Multifactor Authentication (MFA/2FA) – smartphone, tablet, etc.

When it matters (usually no more than a few times a year) we take the time to gather for in-person events.

Payscale has employees across the US, Canada, UK, The Philippines and Romania however we are currently unable to hire in the Quebec Province, Northern Ireland, and Hawaii.

Benefits and Perks

All around awesome culture where together we strive to live our 5 values:

·Data informed decision making.

·Customer first. Always.

·Succeed together.

·Relentless about results. Obsessed with excellence.

·Lead the change. Shape the standard.

An open and inclusive environment where you’ll learn and grow through programs and resources like:

·Monthly company All Hands meetings

·Regular opportunities for executive leadership exposure through things like AMAs

·Access to continued learning & development opportunities

·Our commitment to a continuous feedback culture which allows us to drive performance and career growth

·A growing network of Employee Resource Groups

·Company sponsored volunteer hours

·And more!

Our more standard benefits

·Flexible paid time off, giving you the opportunity to rest, relax and recharge away from work

·14 Paid Company Holidays, includes 2 floating holidays (you choose!)

·A comprehensive benefits plan including medical, dental, life, vision, disability, and life insurance covered up to 100% by Payscale

·Unlimited infertility coverage benefits through our medical plans

·Additional supplemental health benefits offered to you and your family

·401(k) retirement program with a fully vested immediate company match

·16 weeks of paid parental leave for birthing and non-birthing parents

·Health Savings Account (HSA) options and company contributions each pay period

·Flexible Spending Account (FSA) options for pre-tax employee allocations

·Annual remote work stipend to be used on wellness or home office equipment

Equal Opportunity Employer:

We embrace equal employment opportunity. Payscale is committed to a policy of equal employment opportunity for all applicants and employees. It is our policy that employees will not be subjected to unlawful discrimination on the basis of race, color, religion, sex, age, national origin, or ancestry, physical or mental disability, veteran or military status, marital status, sexual orientation, political ideology, and any other basis protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including but not limited to: recruitment, hiring, transfers, promotions, training, discipline, termination, compensation and benefits, performance appraisals, education, and social and recreational programs.

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates, so please don’t hesitate to apply — we’d love to hear from you.

If you have a disability or impairment and need assistance with the application process, please email recruiting@payscale.com for support.

Fraud Alert:

Payscale values security and privacy. During your job application and interview process, we will never ask for your personal banking or financial information, social security number, or other sensitive information, if you are unsure if a message is from Payscale, please email recruiting@payscale.com

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Senior Compensation Analyst employer: PayScale, Inc.

Payscale is an exceptional employer that champions a remote-first work culture, allowing employees the flexibility to thrive in their preferred environments while fostering collaboration during key moments. With a strong commitment to employee growth, Payscale offers extensive learning opportunities, a generous benefits package, and a vibrant, inclusive atmosphere that aligns with its core values of excellence and teamwork. Join us to be part of a forward-thinking team that prioritises both individual and organisational success.
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Contact Detail:

PayScale, Inc. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Compensation Analyst

✨Tip Number 1

Familiarise yourself with Payscale's compensation software and its features. Being proficient in the tools we use will not only help you stand out but also demonstrate your readiness to hit the ground running.

✨Tip Number 2

Network with current or former employees of Payscale, especially those in the People Team. They can provide valuable insights into the company culture and expectations, which can be a game-changer during interviews.

✨Tip Number 3

Stay updated on the latest trends in compensation and benefits, particularly in technology companies. Showing that you understand the evolving landscape will position you as a knowledgeable candidate who can contribute strategically.

✨Tip Number 4

Prepare to discuss how you've influenced compensation strategies in previous roles. Be ready to share specific examples that highlight your analytical skills and ability to drive results, as this aligns with our focus on integrated talent strategies.

We think you need these skills to ace Senior Compensation Analyst

Compensation Analysis
Data Accuracy and Management
Benchmarking Skills
Compensation Program Administration
Market Competitiveness Assessment
Advanced Excel Skills
Compensation Philosophy Development
Influencing and Relationship Building
Analytical Skills
Problem-Solving Skills
Communication Skills
Attention to Detail
Service Orientation
Adaptability in Fast-Paced Environments
Current Compensation Certification (e.g., CCP)

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in compensation analysis, particularly within fast-growing technology companies. Emphasise your analytical skills and any specific software proficiencies, such as Payscale's compensation software.

Craft a Compelling Cover Letter: In your cover letter, express your passion for compensation strategy and how it aligns with Payscale's mission. Mention specific examples of how you've influenced compensation policies or practices in previous roles.

Showcase Relevant Skills: Highlight your strong Excel skills and any advanced features you are familiar with. Discuss your experience with data analysis and how it has contributed to strategic decision-making in past positions.

Demonstrate Cultural Fit: Research Payscale's values and culture, and reflect this understanding in your application. Show how your approach to teamwork and problem-solving aligns with their commitment to a high-performance culture and employee experience.

How to prepare for a job interview at PayScale, Inc.

✨Know Your Numbers

As a Senior Compensation Analyst, you'll need to demonstrate your analytical skills. Be prepared to discuss compensation metrics and how you've used data to influence compensation strategies in the past.

✨Understand the Company Culture

Familiarise yourself with Payscale's values and culture. Show how your approach to compensation aligns with their commitment to a high-performance culture and employee satisfaction.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities. Prepare examples of complex compensation issues you've faced and how you resolved them, particularly in fast-paced environments.

✨Showcase Your Software Skills

Highlight your proficiency with Payscale’s compensation software and advanced Excel features. Be ready to discuss how these tools have helped you in previous roles to ensure data accuracy and effective compensation strategies.

Senior Compensation Analyst
PayScale, Inc.
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