Senior Compensation Analyst (Part Time Contractor)

PSI CRO

About The Position

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.

Requirements

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
Educated to degree level or equivalent, ideally with a post-graduate qualification in a related discipline.
Full working proficiency in English

Nice To Haves

Preferred experience in tech or pharma high-growth environment working with compensation and reward programs in a global, large-scale corporate environment
Certified Compensation Professional Certification is an asset.

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.