Manager Commercial Compensation - Healthcare
Manager Commercial Compensation - Healthcare
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$ 104000 - 143000
1 Vacancy
Job Description
This is where you save and sustain lives
At Baxter we are deeply connected by our mission. No matter your role at Baxter your work makes a positive impact on people around the world. Youll feel a sense of purpose throughout the organization as we know our work improves outcomes for millions of patients.
Baxters products and therapies are found in almost every hospital worldwide in clinics and in the home. For over 85 years we have pioneered significant medical innovations that transform healthcare.
Together we create a place where we are happy successful and inspire each other. This is where you can do your best work.
Join us at the intersection of saving and sustaining lives where your purpose accelerates our mission.
Your Role at Baxter
This is where your insights influence change.
Your belief in hard work critical thinking and analytical approach is essential in understanding the big picture as well as collaborating on solutions. Though your talent is needed across a wide array of work environments your preference is working at a large stable company. One that appreciates your skills and actively invests in your career.
As a Manager Compensation at Baxter you have the opportunity to work with our internal team as well as collaboratively with the teams we support. As a valued member of our organization your insights and technical expertise will support our operations and contribute to our goals. You are able to adapt quickly and thrive in nearly any situation due to your friendly open approach to work. Your colleagues and business unit leaders will support you as you grow your professional skills at Baxter.
What youll be doing
In this high visibility role you will be responsible for designing communicating and administering broadbased compensation programs for one of our US/Canada commercial teams. Youll work as a strategic partner to HR Business Partners Talent Acquisition business leaders and other internal customers lead / contribute to global projects and initiatives and provide and provide analytical support for the compensation team.
- Evaluate design and implement competitive market compensation programs and structures that support the achievement of strategic objectives and desired organizational culture.
- Lead compensation projects including survey participation annual market range updates ensuring compensation initiatives align with business goals and are implemented effectively across the organization.
- Support Annual Compensation Review (ACR) pay and step structure and other processes as necessary.
- Conduct market pricing analyses and benchmarking to ensure competitive and equitable pay structures.
- Evaluate and update job architecture leveling and salary structures based on business needs and market trends.
- Analyze compensation data to identify trends risks and opportunities for improvement
- Develop dashboards and reports that translate complex data into clear actionable insights for leadership.
- Partner with other compensation team members to develop and lead training and communication to support compensation philosophy programs and processes.
What youll bring
- Bachelors Degree required.
- 5 years of broad compensation/human resources experience.
- Knowledge of sales incentives including bonus and commission plans is strongly desired.
- Extensive experience with HR technology applications (Workday preferred) required.
- Strong analytical skills using both qualitative and quantitative data. Microsoft Office Suite with strong Excel skills.
- Ability to align compensation strategies with business goals while maintaining compliance with pay practices and regulatory requirements.
- Experience with job evaluation methodologies (e.g. Mercer Radford or Willis Towers Watson) required.
- Ability to understand business issues and cultural differences and apply that knowledge to compensation and incentive design and processes.
- Proficient in presenting and explaining complex issues and concepts to nonexpert audiences.
Baxter is committed to supporting the needs for flexibility in the workplace. We do so through our flexible workplace policy which includes a required minimum number of days a week in our Deerfield IL office. This policy provides the benefits of connecting and collaborating inperson in support of our Mission. The flexible workplace policy is subject to local laws and legal its discretion Baxter may decide to adjust suspend or discontinue as business needs change.
We understand compensation is an important factor as you consider the next step in your career. At Baxter we are committed to equitable pay for all employees and we strive to be more transparent with our pay practices. The estimated base salary for this position is $annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than of the anticipated range based upon market data and other factors all of which are subject to change. Individual pay is based on upon location skills and expertise experience and other relevant factors. This position is also eligible for discretionary bonuses. For questions about this our pay philosophy and available benefits please speak to the recruiter if you decide to apply and are selected for an interview.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.
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US Benefits at Baxter (except for Puerto Rico)
This is where your wellbeing matters. Baxter offers comprehensive compensation and benefits packages for eligible roles. Our health and wellbeing benefits include medical and dental coverage that start on day one as well as insurance coverage for basic life accident shortterm and longterm disability and business travel accident insurance. Financial and retirement benefits include the Employee Stock Purchase Plan (ESPP) with the ability to purchase company stock at a discount and the 401(k) Retirement Savings Plan (RSP) with options for employee contributions and company matching. We also offer Flexible Spending Accounts educational assistance programs and timeoff benefits such as paid holidays paid time off ranging from 20 to 35 days based on length of service family and medical leaves of absence and paid parental leave. Additional benefits include commuting benefits the Employee Discount Program the Employee Assistance Program (EAP) and childcare benefits. Join us and enjoy the competitive compensation and benefits we offer to our additional information regarding Baxter US Benefits please speak with your recruiter or visit our Benefits site: Benefits Baxter
Equal Employment Opportunity
Baxter is an equal opportunity employer. Baxter evaluates qualified applicants without regard to race color religion gender national origin age sexual orientation gender identity or expression protected veteran status disability/handicap status or any other legally protected characteristic.
Know Your Rights: Workplace Discrimination is Illegal
Reasonable Accommodations
Baxter is committed to working with and providing reasonable accommodations to individuals with disabilities globally. If because of a medical condition or disability you need a reasonable accommodation for any part of the application or interview process please click on the link here and let us know the nature of your request along with your contact information.
Recruitment Fraud Notice
Baxter has discovered incidents of employment scams where fraudulent parties pose as Baxter employees recruiters or other agents and engage with online job seekers in an attempt to steal personal and/or financial information. To learn how you can protect yourself review our Recruitment Fraud Notice.
Required Experience:
Manager
Employment Type
Full-Time
