At a Glance
- Tasks: Manage and improve compensation and benefits programs while analysing global pay.
- Company: PSI, a leading Contract Research Organization with 25 years of industry experience.
- Benefits: Competitive salary, professional development, and a focus on employee success.
- Other info: Join a dynamic team in a supportive environment focused on growth.
- Why this job: Make a real impact by enhancing our company's profile as the best place to work.
- Qualifications: Experience with Workday, strong Excel skills, and analytical mindset required.
The predicted salary is between 50000 - 60000 £ 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 Senior Compensation Analyst (6-12 months fixed-term contract) 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.
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.
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 (6-12 months fixed-term contract) employer: PSI CRO
PSI is an exceptional employer that prioritises the growth and well-being of its employees, offering a dynamic work culture that fosters innovation and collaboration. With a strong commitment to professional development, employees benefit from comprehensive training opportunities and a supportive environment that encourages career advancement. Located in a thriving industry, PSI provides a unique chance to contribute to meaningful projects while enjoying a competitive compensation and benefits package.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Compensation Analyst (6-12 months fixed-term contract)
✨Get Your Foot in the Door with Temp Agencies
Temporary roles in HR are often filled through agencies. Reach out to temp agencies that specialise in HR placements. They can help you find gigs quickly and give you a chance to demonstrate your skills in real-world scenarios.
✨Network at HR Events and Workshops
Dive into local HR events, workshops, and seminars. These are great opportunities to meet professionals already in the field and might lead to temporary positions. Be sure to have a chat, exchange contacts, and express your interest in on-the-spot opportunities!
✨Showcase Your Flexibility
In the temporary HR world, being adaptable is key. When you're networking or interviewing, highlight your ability to quickly learn and fill diverse roles, from recruitment to employee onboarding. Make it clear that you’re ready to dive in at any time!
✨Apply Directly Through Our Website
Don’t forget to check out the opportunities at PSI CRO and apply directly via our website. This way, you can express your interest in temporary roles and get ahead in the application process!
We think you need these skills to ace Senior Compensation Analyst (6-12 months fixed-term contract)
Some tips for your application 🫡
Show Off Your People Skills:In HR, showcasing your interpersonal skills is key. Make sure your CV highlights any experience you have dealing with talent management, resolving conflicts, or facilitating workshops. We want to see your ability to connect with others!
Tailor Your CV to HR:Use HR-specific language in your CV and cover letter. Mention any specific HR tools, software, or methodologies you’re familiar with, like ATS systems or performance management frameworks. This will show that you’re not just a good fit, but you've got the know-how to back it up!
Emphasise Your Flexibility:Since this is a temporary role, emphasising your adaptability and willingness to learn quickly is crucial. Include examples of how you've successfully jumped into new environments before or handled sudden changes in previous jobs. We love a team player who can hit the ground running!
Availability Matters:In your application, make sure to clarify your availability and commitment to the temporary position. This will help us understand when you can start and how you fit into our plans at PSI CRO. So, don’t be shy about laying it all out there!
How to prepare for a job interview at PSI CRO
✨Showcase Your Adaptability
Given that this is a temporary HR role at PSI CRO, it's crucial to demonstrate your flexibility and ability to adapt quickly. You might be thrown into new projects or systems, so share examples of how you've successfully navigated changes in past roles.
✨Familiarise Yourself with HR Tools
Many HR positions require familiarity with tools like HRIS or ATS systems. Before the interview, brush up on the specific software that PSI CRO uses—if you see any mentioned in the job posting, make sure you're ready to discuss them and your experience with similar tools.
✨Your Motivation Matters
As a temp, it's essential to convey your motivation for this role. Employers often look for candidates who are not just filling a position, but who are genuinely keen on contributing effectively in a short period. Consider sharing why you’re passionate about HR and how you see yourself adding value at PSI CRO.
✨Prepare for Real-World Scenarios
HR interviews often include situational questions that test your problem-solving skills. Think about common HR challenges, like dealing with conflict or managing onboarding efficiently, and prepare to discuss how you would handle these situations at PSI CRO.
