At a Glance
- Tasks: Manage and improve compensation and benefits programs while analysing global pay.
- Company: Join PSI, a leading Contract Research Organisation with over 25 years of industry experience.
- Benefits: Flexible part-time hours, competitive pay, and the chance to work in a dynamic environment.
- Other info: Opportunity to collaborate with diverse teams and enhance your professional skills.
- Why this job: Make a real impact on employee satisfaction and company success through innovative compensation strategies.
- Qualifications: Experience with Workday and strong Excel skills are essential; degree preferred.
The predicted salary is between 30 - 40 £ per hour.
Company Description
PSI is a leading Contract Research Organization with more than 25 years in the industry, offering a balance between stability and innovation to both clients and employees. We focus on delivering quality and on‑time services across a variety of therapeutic indications.
Job Description
We are looking for a part time freelance Senior Compensation Analyst to implement, manage and improve our compensation and benefits programs. The individual will oversee the day‑to‑day analysis, execution, and communication of global pay and benefits. This is a part time (20 hours per week) contracting role.
Responsibilities
- Define a fair, equitable and competitive total compensation and benefits package that fits and is aligned with the company’s strategy, business goals and talent needs.
- Develop a consistent compensation philosophy in line with the work culture and organizational objectives.
- Utilize various methods and techniques to make data‑based decisions on direct, indirect financial and nonfinancial compensation plans.
- Support the Training & Resourcing team with recruitment and talent management activities.
- Support the Finance team with budgets, year‑end bonus incentive payment process and financial analysis of all compensation and benefit plans.
- Support the Legal team to ensure compliance of compensation and benefit programs with applicable laws and regulations.
- Participate in salary and labor market surveys to determine prevailing pay rates and benefits.
- Conduct ongoing research and report on emerging trends, issues and best practices.
- Assess competitors’ compensation and benefits plans and make recommendations for enhancements to existing plans.
- Provide subject‑matter expertise and internal support to key stakeholders including department heads, local country management, legal, finance and training & resourcing teams on a variety of compensation and benefit issues.
Qualifications
- Experience working with Workday Core and Advanced Compensation modules, including configuration, data management and annual cycle support.
- Strong proficiency in Excel, including advanced data analysis for compensation insights and reporting.
- Solid knowledge of compensation data submission processes, including annual submissions and spot surveys.
- Practical experience with Mercer and BDO compensation surveys, including data preparation, validation and submission.
- Proven capability in job matching and benchmarking, leveraging job libraries and market data from multiple vendors.
- Familiarity with different benchmarking methodologies to ensure market competitiveness and internal alignment.
- Strong analytical mindset with attention to detail.
- Ability to work with large datasets and translate insights into actionable outcomes.
- Structured and process‑oriented approach to compensation operations.
- Effective collaboration with HR, Reward and business stakeholders.
- Preferred experience in tech or pharma high‑growth environment working with compensation and reward programs in a global, large‑scale corporate environment.
- Educated to degree level or equivalent, ideally with a post‑graduate qualification in a related discipline.
- Certified Compensation Professional certification is an asset.
Senior Compensation Analyst (Part Time Contractor) in Oxford employer: Hunt
PSI is an exceptional employer that values both stability and innovation, providing a supportive work culture where employees can thrive. As a part-time Senior Compensation Analyst, you will have the opportunity to contribute to meaningful compensation strategies while enjoying flexible working hours. With a commitment to employee growth and development, PSI offers a collaborative environment that encourages professional advancement and engagement in impactful projects.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Compensation Analyst (Part Time Contractor) in Oxford
✨Get Involved in HR Communities
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We think you need these skills to ace Senior Compensation Analyst (Part Time Contractor) in Oxford
Some tips for your application 🫡
Show Off Your Expertise in HR:In the world of human resources, it’s vital to highlight your relevant experience and skills. Make sure to weave in your specialisations, like talent acquisition or employee relations, in your CV or portfolio. If you've got any certifications, like CIPD or SHRM, flaunt them—they're a big plus!
Tailor Your Portfolio to HR Projects:As a freelancer, your portfolio should showcase your best work in HR. Include case studies of past projects, such as recruitment drives or training programmes you’ve managed. This gives potential clients a clear look at what they can expect from you, so don’t hold back!
Pitch Your Availability and Rates Clearly:When applying for freelance HR roles, clarity is key. In your application, state your availability and expected rates straight away. This helps manage expectations and shows that you’re organised and professional in your approach.
Highlight Your Soft Skills:HR isn't just about admin and processes; it's also about people! In your cover letter, be sure to bring out your soft skills like communication, empathy, and conflict resolution. Share anecdotes that reflect these traits, as they can really set you apart from other candidates.
How to prepare for a job interview at Hunt
✨Showcase Your HR Toolkit
As a freelancer in human resources, it's crucial that we highlight the specific tools and software we're adept at using, like HRIS systems or performance management software. Be prepared to discuss how you've successfully implemented these tools in past projects to streamline HR processes.
✨Demonstrate Flexibility and Adaptability
Freelance roles often involve short-term contracts and varying clients, so we should emphasise our ability to quickly adapt to different workplace cultures and team dynamics. Share examples of how you've effectively tailored HR strategies to meet diverse client needs in previous gigs.
✨Highlight Your Unique Value Proposition
In a freelance setting, we must communicate what sets us apart from other HR professionals. Think about the specific niche you fill — whether it's recruitment, employee engagement, or compliance — and prepare to pitch your unique skills and successes that solve problems for potential clients.
✨Prepare for Scenario-Based Questions
Be ready for scenario-based questions that test our interpersonal and conflict-resolution skills. Freelance HR often involves negotiations or mediating disputes, so we should have relatable examples ready to illustrate how we've handled similar situations with clients or employees before.
