At a Glance
- Tasks: Manage and improve compensation and benefits programs while analysing global pay.
- Company: Join a leading Contract Research Organisation with over 25 years of industry experience.
- Benefits: Flexible part-time hours, professional development, and a supportive work culture.
- Other info: Opportunity to work in a dynamic environment with growth potential.
- Why this job: Make a real impact on employee satisfaction and company success.
- Qualifications: Experience with Workday and strong Excel skills required.
The predicted salary is between 30 - 40 £ per hour.
PSI is a leading Contract Research Organization with more than 25 years in the industry, offering a perfect 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. We are looking for a part time freelance Senior Compensation Analyst to implement, manage and improve our compensation and benefits programs. The individual responsible 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 our company’s strategy, business goals and talent needs.
- Develop a consistent compensation philosophy in line with work culture and organizational objectives.
- Utilize various methods and techniques to make data‑based decisions on direct financial, indirect financial and non‑financial 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 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 our 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.
Make the right call and take your career to a whole new level. Join the company that focuses on its people and invests in their professional development and success. Your role will be very important - you will help enhance our company’s profile as the best place to work.
Senior Compensation Analyst (Part Time Contractor) employer: Psi CRO Ag
PSI is an exceptional employer that prioritises the well-being and professional growth of its employees, offering a flexible part-time contracting role as a Senior Compensation Analyst. With over 25 years in the industry, we foster a collaborative work culture that values innovation and stability, providing opportunities for meaningful contributions to our compensation and benefits programs while ensuring compliance and competitiveness in the market. Join us to be part of a team that is dedicated to enhancing our reputation as the best place to work, all while enjoying the benefits of a supportive environment and a commitment to your success.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Compensation Analyst (Part Time Contractor)
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry and let them know you're on the lookout for opportunities. A personal recommendation can go a long way in landing that dream role.
✨Tip Number 2
Prepare for interviews by researching the company and its compensation strategies. Show us you understand their goals and how you can contribute to their success. Tailor your responses to highlight your relevant experience!
✨Tip Number 3
Don’t just wait for job postings! Be proactive and reach out directly to companies you admire, like PSI. Express your interest in potential roles and showcase how your skills align with their needs.
✨Tip Number 4
Utilise our website to apply for roles. It’s user-friendly and ensures your application gets the attention it deserves. Plus, we love seeing candidates who take the initiative to apply directly!
We think you need these skills to ace Senior Compensation Analyst (Part Time Contractor)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Compensation Analyst role. Highlight your experience with compensation programs, data analysis, and any relevant tools like Workday. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this part-time contractor role. Share specific examples of your past work that relate to our job description, and don’t forget to show your enthusiasm for joining us at PSI.
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to highlight your proficiency in Excel and any experience you have with compensation data submission processes. We love seeing candidates who can turn numbers into actionable insights!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Psi CRO Ag
✨Know Your Numbers
As a Senior Compensation Analyst, you'll need to demonstrate your analytical skills. Brush up on your Excel proficiency and be ready to discuss how you've used data to inform compensation decisions in the past. Prepare examples of how you've handled large datasets and translated insights into actionable outcomes.
✨Understand the Company Culture
Familiarise yourself with PSI's values and work culture. Be prepared to explain how you can align compensation strategies with their business goals and talent needs. Show that you understand the importance of a fair and equitable compensation philosophy in fostering a positive work environment.
✨Stay Current with Trends
Research emerging trends in compensation and benefits, especially within the tech or pharma sectors. Be ready to discuss how these trends could impact PSI and how you would recommend enhancements to their existing plans based on market competitiveness.
✨Collaborate Effectively
Highlight your experience working with various teams such as HR, Finance, and Legal. Prepare to discuss specific instances where your collaboration led to successful outcomes in compensation and benefits programs. This role requires effective communication, so showcase your ability to provide subject matter expertise to key stakeholders.
