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- Tasks: Manage and improve compensation and benefits programs while analysing global pay.
- Company: Join PSI, a leading Contract Research Organization with 25 years of stability and innovation.
- Benefits: Flexible part-time hours, professional development, and a supportive work culture.
- Other info: Be part of a dynamic team focused on enhancing workplace culture and employee engagement.
- Why this job: Make a real impact on employee satisfaction and company success through strategic compensation.
- Qualifications: Experience with Workday, strong Excel skills, and a degree in a related field.
The predicted salary is between 30000 - 40000 £ per year.
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 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 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.
- 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) in Oxford employer: PSI CRO
Contact Detail:
PSI CRO Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compensation Analyst (Part Time Contractor) in Oxford
✨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 inside out. Understand their compensation philosophy and be ready to discuss how your skills align with their goals. This shows you're genuinely interested and well-prepared!
✨Tip Number 3
Don’t just wait for job postings! Keep an eye on our website and apply directly through it. Sometimes, the best roles aren’t advertised widely, and being proactive can set you apart from the crowd.
✨Tip Number 4
Follow up after interviews with a thank-you note. It’s a simple gesture that keeps you top of mind and shows your enthusiasm for the position. Plus, it’s a great chance to reiterate why you’re the perfect fit!
We think you need these skills to ace Senior Compensation Analyst (Part Time Contractor) in Oxford
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 passionate about compensation and benefits, and how your background makes you a perfect fit for PSI. Keep it engaging and personal – we love a good story!
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to showcase your analytical mindset in your application. Mention specific projects or experiences where you've used Excel or other tools to derive insights. We’re keen on seeing your problem-solving abilities!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at PSI CRO
✨Know Your Numbers
As a Senior Compensation Analyst, you'll need to demonstrate your analytical skills. Brush up on key compensation metrics and be ready to discuss how you've used data to drive decisions in previous roles. Show them you can turn numbers into insights!
✨Understand the Company Culture
PSI values a balance between stability and innovation. Research their work culture and think about how your approach to compensation aligns with their business goals. Be prepared to share examples of how you've tailored compensation strategies to fit company culture.
✨Familiarise Yourself with Tools
Since experience with Workday and Excel is crucial, make sure you're comfortable discussing your proficiency with these tools. Bring specific examples of how you've used them in past roles, especially in relation to compensation analysis and reporting.
✨Stay Current on Trends
The role involves ongoing research into compensation trends. Be ready to discuss recent developments in the field and how they might impact PSI's compensation strategy. This shows your commitment to staying informed and proactive in your approach.