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Senior Compensation Analyst

Organon

Jersey City (NJ)

On-site

USD 103,000 - 176,000

Full time

2 days ago
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Job summary

A leading global healthcare company is seeking a Senior Compensation Analyst in Jersey City to drive compensation strategies and analytics. This pivotal role involves developing salary structures, conducting market research, and advising on competitive pay. Ideal candidates are seasoned professionals with a strong analytical mindset and excellent communication skills, ready to enhance organizational compensation programs in a dynamic environment.

Benefits

Retirement savings plan
Paid vacation and holiday time
Health benefits including medical, prescription drug, dental, and vision coverage

Qualifications

  • Bachelor's degree with at least six years' work experience in HR, finance, or accounting.
  • Master’s degree with at least four years relevant experience is required.
  • CCP certification preferred.

Responsibilities

  • Assist with the development of global salary structures and conduct market analysis.
  • Counsel HR partners on competitive pay decisions and manage benchmarking processes.
  • Lead special projects and support compensation program design.

Skills

Analytical skills
Problem-solving
Attention to detail
Communication

Education

Bachelor’s degree
Master’s degree

Tools

Microsoft Excel
Workday
CompAnalyst (Salary.com)

Job description

3 days ago Be among the first 25 applicants

The Position

Our organization requires compensation team members who thrive in a dynamic, evolving business environment. To be successful, you must be adaptable and flexible to adjust strategies based on changing market trends and organizational needs. You have a unique opportunity to foster strong relationships with the Global and Regional Compensation Business Partners to address their needs.

Job Description

The Position

Our organization requires compensation team members who thrive in a dynamic, evolving business environment. To be successful, you must be adaptable and flexible to adjust strategies based on changing market trends and organizational needs. You have a unique opportunity to foster strong relationships with the Global and Regional Compensation Business Partners to address their needs.

You must be able to navigate ambiguity and be adept at understanding the connections between global and regional priorities.

The Senior Compensation Analyst will support the Company with analytics and project support in the design, implementation and administration of compensation programs in accordance with the compensation strategy and philosophy of Organon and our Total Rewards vision.

Responsibilities

  • Assist with the development of Organon’s global salary structure, including the ongoing evolution, roll out and maintenance of the structure.
  • Conduct internal and external market research, analyze competitive position and market trends, and make recommendations for pay programs.
  • Evaluate and analyze market data. Counsel HR partners and business leaders on competitive pay decisions.
  • Market price non-executive jobs to meet business needs and comply with internal equity, conducting job evaluations in order to determine salary grade and pay recommendations. Understand and apply FLSA regulations with regard to job evaluation process.
  • Support annual rewards planning process from a global perspective.
  • Partner with HR Technology and Compensation operations to understand Workday capabilities to ensure future compensation program design can be implemented and maintained effectively.
  • Assist with the annual benchmarking process for all roles, including executives level roles.
  • Complete and submit compensation surveys, dashboards, and other ad-hoc analyses
  • Development of educational materials, tools, and necessary training modules to increase HR Business Partners (HRBPs) and management understanding of existing Compensation programs and practices.
  • Create dynamic models to assess the potential impact of future design decisions.
  • Lead special projects including due diligence and Mergers and Acquisition support.

Required Education, Experience And Skills

  • Bachelor’s degree with at least six years' work experience in HR, compensation, finance, accounting, or consulting and at least two years’ experience as an analyst. OR Master’s degree with at least four years' relevant experience is required.
  • Strong results orientation and attention to detail.
  • Strong analytical and problem-solving skills with ability to understand the business.
  • Strong written and oral communication skills.
  • Ability to exercise judgment and problem-solve with minimal direction.
  • Demonstrated ability to handle sensitive and confidential information.
  • Thorough understanding of FLSA and knowledge of wage compliance and regulations.
  • Highly proficient in Microsoft Excel.

Preferred Experience And Skills

  • Experience with Workday.
  • Experience with CompAnalyst (Salary.com) or similar compensation analysis platform.
  • Experience working with a multinational company.
  • CCP certification.

This position is primarily located in our Jersey City office.

Who We Are

Organon delivers ingenious health solutions that enable people to live their best lives. We are a $6.5 billion global healthcare company focused on making a world of difference for women, their families and the communities they care for. We have an important portfolio and are growing it by investing in the unmet needs of Women’s Health, expanding access to leading biosimilars and touching lives with a diverse and trusted portfolio of health solutions. Our Vision is clear: A better and healthier every day for every woman.

US and PR Residents Only

For more information about personal rights under Equal Employment Opportunity, visit:

EEOC Poster

EEOC GINA Supplement

OFCCP EEO Supplement

OFCCP Pay Transparency Rule

Organon is an Equal Opportunity Employer. We are committed to fostering a culture of inclusion, innovation, and belonging for all employees and job applicants. We ensure all employment practices are conducted without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability, veteran status, or any other characteristic protected by state or federal law.

Search Firm Representatives Please Read Carefully

Organon LLC., does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

Applicable to United States Positions Only: Under various U.S. state laws, Organon is required to provide a reasonable estimate of the salary range for this job. Final salary determinations take a number of factors into account including, but not limited to, primary work location, relevant skills, education level, and/or prior work experience. The applicable salary range for this position in the U.S. is stated below. Benefits offered in the U.S. include a retirement savings plan, paid vacation and holiday time, paid caregiver/parental and medical leave, and health benefits including medical, prescription drug, dental, and vision coverage in accordance with the terms and conditions of the applicable plans.

Annualized Salary Range (US)

$103,100.00 - $175,300.00

Please Note: Pay Ranges are Specific to local market and therefore vary from country to country

Employee Status

Regular

Relocation:

No relocation

VISA Sponsorship

Travel Requirements: Organon employees must be able to satisfy all applicable travel and credentialing requirements, including associated vaccination prerequisites.

Shift

Flexible Work Arrangements:

Valid Driving License

Hazardous Material(s):

Number Of Openings

1

Requisition ID:R534684

Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Human Resources
  • Industries
    Pharmaceutical Manufacturing

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