At a Glance
- Tasks: Manage and administer compensation programs to attract and retain top talent.
- Company: Join Grafana Labs, a rapidly scaling social network with a global team of over 1200 members.
- Benefits: Enjoy remote work flexibility, competitive salary, equity options, and bonuses.
- Why this job: Thrive in a fast-paced environment while making a real impact on compensation strategies.
- Qualifications: 3-5 years in global compensation roles; strong analytical skills and attention to detail required.
- Other info: Experience with Workday HCM preferred; base salary ranges from £75,000 to £90,000.
The predicted salary is between 75000 - 90000 £ per year.
Our People team supports over 1200 team members in over 40 different countries. Our team is highly technical and thrives on being able to dive into the details, build from scratch and create structure through chaos. We’re ambitious too. Grafana Labs is scaling at a rapid pace and we’re evolving our team, our processes and the support that we offer to the business at a fast pace.
The Senior Compensation Analyst role is an exciting opportunity to use your expertise to manage and administer broad-based and executive compensation programs and processes to ensure internally equitable and externally competitive compensation to attract and retain the best talent, supporting our growth strategy. You will love this role if you thrive in a fast-paced environment where you have the opportunity to dig into the details, conduct analyses and provide consultation on a day-to-day basis related to compensation recommendations, strategy, design, and effectiveness.
The responsibilities listed below are a sampling of the projects you would help to support and lead.
- Deliver guidance and advisory services to People team and business partners on compensation matters to ensure a balanced approach of market competitiveness to drive attraction and retention of talent while facilitating internal equity across the organization.
- Perform regular compensation benchmarking; participate in salary surveys, analyze market and peer group data trends and evaluate impact; review and age structures annually.
- Drive annual compensation review and equity planning processes including timelines, communications, budget, systems/tools configuration and testing, training, reporting and calibration. Partner with our People team to ensure salary, bonus and equity communications are delivered with maximum impact.
- Act as a subject matter expert regarding emerging and evolving external market trends in executive compensation that impact the design and disclosure of compensation, including corporate governance, legislative and regulatory landscape, proxy advisor policies, and investor concerns.
- Support internal and external executive-level compensation offers, ensuring market competitiveness and internal equity.
- Assist with the preparation of the Compensation Committee materials and provide supporting analytics and reports; manage the process and timeline for meeting preparation.
- Train and enable People team and business leaders on compensation philosophy, strategy, and processes; maintain internal compensation toolkit; update and leverage compensation software.
- Maintain Workday Advanced Compensation module configuration; ensure the system is regularly updated to reflect changes to structures, programs, and profiles. Support annual compensation review and promotion processes. Collaborate with HRIS team to ensure system-wide functionality.
- Provide analytical support and data analysis, preparing ad-hoc and regular reports.
- Conduct strategic analysis of workforce data to identify trends and provide actionable recommendations, including researching best practices.
- Ensure compliance with all applicable global compensation regulations.
- Participate in special projects and collaborate cross-functionally, including compensation support for establishing new countries/regions.
Requirements:
- 3-5 years experience in a global compensation role where you have experience with broad-based, sales team, and executive compensation programs, and have prepared compensation committee materials.
- Operate at multiple altitudes, prioritize workload and manage multiple projects and tasks.
- You should have superior analytical and problem solving skills with a strong focus on attention to detail whilst delivering against tight deadlines.
- Ideally you will have experience of working remotely and/or internationally coordinating with peers and team members globally and understand the challenges and opportunities of remote working and remote communication.
- You will need to be an excellent communicator in all channels (in person, online, in writing) and able to form strong working relationships both in person and virtually.
- You will be highly approachable while successfully being able to provide a customer service approach to your role ensuring that everyone, locally and internationally, views you as a “go to” person.
- You will be in the detail and happy to own your administrative tasks through to completion.
- Experience with Workday HCM and Advanced Compensation preferred.
In the United Kingdom, the Base compensation range for this role is £75,000 - £90,000. Actual compensation may vary based on level, experience, and skillset as assessed in the interview process. Benefits include equity, bonus (if applicable) and other benefits listed.
Compensation ranges are country specific. If you are applying for this role from a different location than listed above, your recruiter will discuss your specific market’s defined pay range & benefits at the beginning of the process.
Senior Compensation Analyst, UK (Remote, UK) employer: Grafana Labs
Contact Detail:
Grafana Labs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compensation Analyst, UK (Remote, UK)
✨Tip Number 1
Familiarise yourself with the latest trends in compensation analysis, especially in the UK market. Understanding current benchmarks and emerging practices will help you stand out as a knowledgeable candidate during discussions.
✨Tip Number 2
Network with professionals in the compensation field, particularly those who have experience with remote work. Engaging in conversations about challenges and solutions can provide valuable insights that you can reference in your interviews.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed compensation programs in previous roles. Highlighting your analytical skills and problem-solving abilities will demonstrate your fit for this fast-paced environment.
✨Tip Number 4
Showcase your familiarity with Workday HCM and Advanced Compensation in your conversations. If you have experience with these systems, be ready to explain how you've used them to enhance compensation processes in your past roles.
We think you need these skills to ace Senior Compensation Analyst, UK (Remote, UK)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in global compensation roles, particularly with broad-based and executive compensation programs. Use specific examples that demonstrate your analytical skills and attention to detail.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your experience aligns with the responsibilities listed, such as conducting compensation benchmarking and supporting executive-level offers.
Showcase Your Analytical Skills: Provide examples of past projects where you conducted data analysis or strategic analysis of workforce data. Highlight any tools or software you used, especially if you have experience with Workday HCM and Advanced Compensation.
Prepare for Potential Questions: Think about how you would respond to questions regarding your approach to compensation strategy and market competitiveness. Be ready to discuss your experience with compliance and regulatory issues in compensation.
How to prepare for a job interview at Grafana Labs
✨Know Your Compensation Trends
Familiarise yourself with the latest trends in compensation, especially in the UK market. Be prepared to discuss how these trends can impact the role and the company’s strategy for attracting and retaining talent.
✨Demonstrate Analytical Skills
Prepare to showcase your analytical abilities by discussing past experiences where you conducted compensation benchmarking or data analysis. Use specific examples to illustrate how your insights led to actionable recommendations.
✨Communicate Effectively
Since this role requires excellent communication skills, practice articulating your thoughts clearly and concisely. Be ready to explain complex compensation concepts in a way that is easy to understand for non-experts.
✨Showcase Remote Work Experience
Highlight any experience you have working remotely or coordinating with international teams. Discuss the challenges you've faced and how you've successfully navigated them, as this will demonstrate your adaptability and understanding of remote communication.