Job DescriptionWe are looking for a Senior Compensation Analyst on a fixed-term contract (6-12 months) 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 integral, 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.#J-18808-Ljbffr
📌 Senior Compensation Analyst (6-12 Month Fixed-Term Contract) (Madrid)
🏢 Hunt
📍 Madrid