Compensation Analyst - Hybrid

Western Union; Madrid; Híbrido; EUR 35.000 - 50.000; Jornada completa

Descripción de la vacante

Join a leading global financial services company as a Compensation Analyst in Madrid. You will play a crucial role in supporting compensation programs across the EMEA region, conducting market analyses, and collaborating with HR teams to ensure competitive compensation strategies. This hybrid position allows flexibility with a minimum of three days in the office, providing access to various benefits including generous annual leave and a contributory pension plan.

Servicios

25 days annual leave

Contributory pension plan

Health insurance options

Accident and life insurance

Access to development platforms

Formación

• 2-3 years of HR experience, ideally in compensation support.
• Experience with HRIS systems, preferably Workday.
• Proficient in Excel.

Responsabilidades

• Conduct job benchmarking analysis and salary administration.
• Provide analytical support for compensation programs.
• Collaborate with HR and management to develop policies.

Conocimientos

Analytical Skills

Problem Solving

Communication

Attention to Detail

Educación

Degree in Human Resources or Business Administration

Herramientas

Workday

Microsoft Office Suite

Descripción del empleo

Compensation Analyst (Hybrid) – Madrid, Spain

Would you like to play a key role in helping a publicly (NYSE) listed global financial services company navigate the compensation landscape? Are you ready to expand your potential in a dynamic organization that is evolving into the next phase of its 174-year history? Join Western Union as Compensation Analyst in Madrid.

Western Union powers your pursuit.

Reporting to the Director, Regional Compensation, EMEA-APAC, this position is responsible for providing compensation program support to the Compensation team and our Strategic HR Business Partners across the EMEA region. This team is critical in supporting the compensation needs of our global organization by helping manage the day-to-day administration of our Reward programs including the overall spend and effectiveness of our global programs.

Role Responsibilities

Conduct job benchmarking analysis, job evaluation and salary administration to determine appropriate salary grades, ranges, and pricing based on internal and external equity.

Review job matches, survey data and prepare survey submissions for participation in various external salary and compensation surveys.

Work closely with HRBP and Talent Acquisition teams on proposals for new hire offers, promotions, and market adjustments.

Participate in a variety of Human Resources and Compensation related analytical projects including the Annual Compensation Planning year-end cycle.

Support industry market survey submission process for the EMEA region.

Review survey results and proactively provide analysis of market trends and recommendations for any changes in our structure or individual adjustments based on the data.

Receive, research, and respond to customer inquiries concerning salaries and salary adjustments promptly and professionally.

Provide analytical support for compensation programs, including data analysis and reporting.

Collaborate with HR and management to develop and communicate HR policies and procedures.

Conduct regular market analysis to ensure the competitiveness of the organization's compensation.

Assist in conducting studies for specific functional areas; analyze market trends; complete statistical reports and assist in the development of recommendations and action plans designed to attract, retain and reward employees.

Work on regional and other special projects, as assigned

Role Requirements

Experience in Human Resources, Business Administration, or related field.

Minimum of 2-3 years of previous HR experience, ideally in compensation program support, including technical knowledge of key compensation fundamentals.

Experience with an automated HRIS system, preferably Workday, is preferred.

Proficient in Microsoft Office Suite (Word, PowerPoint) and excellent skills in Excel.

Strong written and verbal communication skills.

Ability to handle confidential and sensitive information with discretion.

Attention to detail and follow-through skills a must.

Strong problem solving and analytical skills.

Sound logic, reasoning skills to identify, develop, evaluate alternative solutions, conclusions, or approaches to problems.

Excellent organizational and time management skills.

You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few (). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment.

Your Spain specific benefits include :

25 days annual leave

Contributory pension plan

Western Union values in-person collaboration, learning, and ideation whenever possible. We believe this creates value through common ways of working and supports the execution of enterprise objectives which will ultimately help us achieve our strategic goals. By connecting face-to-face, we are better able to learn from our peers, problem-solve together, and innovate.

Our Hybrid Work Model categorizes each role into one of three categories. Western Union has determined the category of this role to be Hybrid. This is defined as a flexible working arrangement that enables employees to divide their time between working from home and working from an office location. The expectation is to work from the office a minimum of three days a week.