drjobs Associate Director Compensation

Associate Director Compensation

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1 Vacancy
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Job Location drjobs

Bethesda, MD - USA

Monthly Salary drjobs

$ 150000 - 170000

Vacancy

1 Vacancy

Job Description

*This role is remote location preference would be North Carolina*

Associate Director of Compensation is responsible for daytoday management and administration of PMG compensation plans and programs. Conducts analysis and interpretation related to the organizations compensation programs globally. Leads salary survey participation including job matching and competitive benchmarking. Supports development of job families job levels salary grade and structures. Support annual compensation (merit/promotion and bonus) planning process.

Essential duties include but are not limited to:

  • Participates in annual salary administration programs including salary grade and structure creation.
  • Provides data analytics for the maintenance and development of incentive or salary increase budgets.
  • Participates in administration of annual performance management incentive or salary increase programs.
  • Conducts market benchmarking analysis to determine competitive positioning of the organizations jobs and pay programs.
  • Evaluates the organizations job descriptions providing feedback and consulting as needed.
  • Participates and manages salary surveys by matching PMG jobs to available salary surveys reference jobs and provides organizational data to these survey providers.
  • Ensures HR systems are configured/maintained in a way that support overall compensation priorities and policy.
  • Partners with HRIS for ongoing data integrity checks.
  • Produces HR Metrics related to compensation and offer insights to the Business and HR Teams.
  • Provides guidance coaching mentoring and training to HR Business Partners on compensationrelated issues.
  • Provides input on compensation policy and procedure creation.
  • Generate compensation metrics and provide analysis and recommendations based on them.
  • Participates in HR and Total Reward projects (i.e. SAP/SuccessFactors implementation).
  • Supports US and Global compensation matters as needed.

Minimum Required Qualifications:

  • Advanced Excel skills needed and strong attention to detail.
  • Demonstrated logic and analytical skills including strong fundamental math skills.
  • Ability to communicate with managers and leaders at all levels including training/explanation skills

Ability to manage multiple projects at the same time

Other Required Qualifications:

  • Key competencies are:
    • Communication & presentation skills
    • Analysis/problem solving
    • Teamwork
    • SelfStarter
  • Bachelors degree in a related major and 8 or more years of experience in compensation.
  • Performs work with a high degree of independence and latitude.
  • Ability to handles complex issues.
  • Possesses expert knowledge of subject matter.

Strongly Preferred Experience:

  • Global compensation experience within mature international organizations
  • Experience in Life Sciences Pharmaceutical or other industry directly related to one of PMGs service lines.
  • Experience with PayFactors and SAP/SuccessFactors HRMS a plus.
  • Experience matching jobs as well as designing and developing a salary grade structure.
  • Has worked with short term incentive plans and/or sales plans.

Precision is required by law in some states or cities to include a reasonable estimate of the compensation range for this role. This compensation range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to: skill sets experience and training licensure and certifications and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Precision it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. This role is also eligible for a discretionary annual bonus health insurance retirement savings benefits life insurance and disability benefits parental leave and paid time off for sick leave and vacation among other benefits.

Reasonable estimate of the current range

$150000 $170000 USD

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Precision Medicine Group is an Equal Opportunity Employer. Employment decisions are made without regard to race color age religion sex sexual orientation gender identity national origin disability veteran status or other characteristics protected by law. 2020 Precision Medicine Group LLC

If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process or are limited in the ability or unable to access or use this online application process and need an alternative method for applying you may contact Precision Medicine Group at .

It has come to our attention that some individuals or organizations are reaching out to job seekers and posing as potential employers presenting enticing employment offers. We want to emphasize that these offers are not associated with our company and may be fraudulent in nature. Please note that our organization will not extend a job offer without prior communication with our recruiting team hiring managers and a formal interview process.


Required Experience:

Director

Employment Type

Full Time

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