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For Companies At a Glance
- Tasks: Analyse and structure compensation data to maintain a real-time benchmarking database.
- Company: Ravio is revolutionising compensation practices for innovative companies worldwide.
- Benefits: Enjoy equity stakes, generous paid time off, wellness allowances, and private healthcare.
- Why this job: Join a fast-growing startup and make a real impact on how companies approach compensation.
- Qualifications: Detail-oriented with strong analytical skills; familiarity with compensation tools is a plus.
- Other info: Flexible hybrid work environment with opportunities for personal and professional growth.
The predicted salary is between 30000 - 45000 £ per year.
About Us
Compensation is one of the key levers for attracting and retaining great talent, yet most companies are struggling to get it right. They simply have no choice but to rely on poor data and unsophisticated tools for their pay decisions. That’s why we created Ravio. We help some of the world’s most innovative and ambitious companies build stronger teams and reach their goals through better compensation. Our goal is to bring compensation into the modern age by building the ultimate real-time compensation solution. We’re passionate about ensuring everyone is paid what they deserve, no matter their background or circumstances. We believe that when compensation is done right, everyone wins. Ravio is growing fast, which means you can too. Joining a startup in the early days and scaling it into a global product is one of the most challenging and rewarding experiences a career can offer. If that sounds exciting to you, you’re in the right place.
The Role
We are seeking a Compensation Specialist to join our internal Benchmarking Data team. This role is critical in labelling, structuring, and analysing compensation data to ensure Ravio’s benchmarking database retains its integrity as a real-time resource for fast growing startups and scale-ups. The ideal candidate will have experience frequently ingesting large amounts of qualitative and quantitative data to draw conclusions. Ideally they will have experience of working in a Compensation & Benefits or People Ops team, and are enthusiastic about joining a fast growing startup that’s changing the way that People teams approach salary benchmarking. The Compensation Specialist will work closely with the Operations, Customer, New Business, and Data teams to assess and label the employee data that contributes to Ravio’s benchmarking dataset. This role requires a detail-oriented professional with strong analytical and communication skills who can navigate complex compensation datasets and ensure alignment with company goals.
Responsibilities
- Provide a key data labelling function for Ravio, carrying out employee levelling and job mapping, ensuring the data is mapped consistently against our proprietary framework.
- Assist in job evaluation processes and classification of new or existing roles, often involving researching and understanding unfamiliar job functions.
- Work closely with team mates to validate data mapping choices, and with our Customer Success team, and customers directly to get inputs to help with the work.
- Provide support to customers across their lifecycle, on changes to their data or on queries around Ravio’s dataset.
- Monitor and improve existing datasets throughout a customers’ lifecycle with the aim of upholding high data quality and integrity standards.
- Support the wider Benchmarking team to improve operational processes, and introduce automations.
Requirements
- Structured thinker who enjoys working with large datasets and has great attention to detail.
- Demonstrated ability to research unfamiliar topics and synthesise insights to inform decision-making.
- Strong prioritisation and organisational skills.
- Strong ability to assess trade-offs and make decisions in ambiguous environments.
- Team player who thrives in a high-growth environment and embraces change.
- Familiarity with market salary survey tools, and the Comp & Ben landscape (Desirable).
- Advanced knowledge of SQL or general technical skills (Desirable).
Compensation & Benefits
- £35,000 - £45,000
- Company ownership (everyone gets a meaningful equity stake in Ravio)
- 37 days paid time off (25 days holiday + 4 wellness day + 8 public holidays)
- Up to 6% pension matching scheme
- £60 a month wellness allowance (Invest in your physical wellbeing, on us)
- Private healthcare cover with AXA
- Personal travel insurance - just in case
- Income protection insurance (for full peace of mind in case you cannot work because of sickness or disability)
- 16 weeks fully paid birthing parent leave, followed by 4 weeks at 50% pay & 8 weeks for non-birthing parent
For more information about what we collect and how we use it when you apply for a role with us, please refer to our Candidate Privacy Notice.
Compensation Specialist employer: Ravio Technologies Ltd.
Contact Detail:
Ravio Technologies Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation Specialist
✨Tip Number 1
Familiarise yourself with the latest trends in compensation and benefits. Understanding current market practices will not only help you in interviews but also demonstrate your enthusiasm for the role and the industry.
✨Tip Number 2
Network with professionals in the Compensation & Benefits field. Engaging with others in the industry can provide valuable insights and potentially lead to referrals, which can significantly boost your chances of landing the job.
✨Tip Number 3
Brush up on your analytical skills, especially with tools like SQL. Being able to showcase your technical abilities during discussions can set you apart from other candidates and show that you're ready to tackle the data-heavy aspects of the role.
✨Tip Number 4
Prepare to discuss how you've handled complex datasets in the past. Be ready to share specific examples of your problem-solving skills and how you've contributed to improving data quality in previous roles.
We think you need these skills to ace Compensation Specialist
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Compensation Specialist position. Tailor your application to highlight relevant experience in data analysis and compensation.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous roles in Compensation & Benefits or People Ops. Provide specific examples of how you've worked with large datasets and contributed to data integrity.
Showcase Analytical Skills: Demonstrate your analytical abilities by discussing your experience with data labelling, job mapping, or using SQL. Mention any tools or methodologies you've used to analyse compensation data effectively.
Personalise Your Application: Make your application stand out by personalising it for Ravio. Mention why you're excited about their mission to modernise compensation and how you can contribute to their growth as a startup.
How to prepare for a job interview at Ravio Technologies Ltd.
✨Understand the Role
Make sure you have a solid grasp of what a Compensation Specialist does. Familiarise yourself with key responsibilities like data labelling, job mapping, and the importance of maintaining data integrity. This will help you articulate how your skills align with the role.
✨Showcase Analytical Skills
Prepare to discuss your experience with large datasets and how you've used analytical skills in previous roles. Be ready to provide examples of how you've synthesised insights from data to inform decision-making, as this is crucial for the position.
✨Research the Company
Dive into Ravio's mission and values. Understand their approach to compensation and how they aim to modernise the industry. This knowledge will not only impress your interviewers but also help you connect your personal values with the company's goals.
✨Prepare Questions
Think of insightful questions to ask during the interview. Inquire about the team dynamics, the tools they use for data analysis, or how they measure success in the role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.
