Senior Compensation Analyst (6-12 months fixed-term contract)

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.

• 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.
• Full working proficiency in English
• 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.

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.

Originally posted on Himalayas