Job Description

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We 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 general pay and benefits.

Responsibilities

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- 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

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- 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. xqbhyrx

- Full working proficiency in English

- Certified Compensation Professional Certification is an asset.

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📌 Senior Compensation Analyst (6-12 month fixed-term contract) (Madrid)
🏢 Hunt
📍 Madrid