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PSI CRO

UK

Posted on: 16 February 2024

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Compensation and Benefits Manager



Company Description

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.



Job Description

The Global Compensation and Benefits Manager is responsible for implementing, managing and continuously improving our compensation and benefits programs - supporting our employees and key internal stakeholders. The individual responsible will oversee the day-to-day analysis, execution, and communication of global pay and benefits.

You will develop competitive and cost-efficient programs that will support employee retention and attract top talent. This is a standalone role which reports to Finance and works closely with key stakeholders across all departments and countries.

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
  • Strong interpersonal skills, able to develop compelling cases for proposals and collaborate effectively across multiple stakeholders.
  • Demonstrated experience leading benefits and compensation design changes from concept to execution.
  • 4-6 years’ experience in an HR role with at least 2-3 years’ experience of rewards management including benchmarking, job evaluation, salary banding, and incentive compensation.
  • Familiarity with labor legislation in the EU and Eastern Europe; experience is Asia Pac is an asset.
  • Experience in tech or pharma high-growth environment working with compensation and reward programs in a global, large-scale corporate environment.
  • Proficiency and expertise in utilizing the Mercer survey.
  • Educated to degree level or equivalent, ideally with a post-graduate qualification in a related discipline.
  • Certified Compensation Professional Certification is an asset.
  • Proven experience conducting global pay market analysis and building out global compensation plans.
  • Previous experience in a similar role in a global organization.


Additional Information

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.

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