Senior Compensation Analyst/ Compensation Manager (Hybrid or Remote - Central or Eastern Time Zones) Job at United Therapeutics
The job details are as follows:
What We Do
United Therapeutics Corporation focuses on the strength of a balanced, value-creating biotechnology model. We are confident in our future thanks to our fundamental attributes, namely our commitment to quality and innovation, the power of our brands, our entrepreneurial culture and our bioinformatics leadership. We also believe that our determination to be responsible citizens - having a positive impact on patients, the environment and society - will sustain our success in the long term.
We currently have five approved products on the market and a long-term mission of providing an unlimited supply of transplantable organs for those who need them.
Our company was founded by an entrepreneur whose daughter was diagnosed with a life-threatening condition. She sought to find treatment options and a cure for her daughter and patients like her. We are founder-led, and relentless in our pursuit of "medicines for life". We continue to research and develop treatments for cardiovascular and pulmonary diseases, pediatric cancers and other orphan diseases.
In 2021, we became the first publicly-traded biotech or pharmaceutical company to take the form of a public benefit corporation (PBC). Our public benefit purpose is to provide a brighter future for patients through (a) the development of novel pharmaceutical therapies; and (b) technologies that expand the availability of transplantable organs. At the same time, we seek to provide our shareholders with superior financial performance and our communities with earth-sensitive energy utilization.
How you’ll contribute
Providies expert-level broad-based compensation services to UT's internal stakeholders, including base salary administration, short-term incentives, and long-term equity awards. The primary responsibility of this role will be the management and administration of the UT's job architecture, including job mapping and career path development and maintenance. Additionally, this role support broad-based compensation initiatives, including, but not limited to maintaining and contributing to the optimization of the Compensation Management System, completing compensation surveys, developing and/or delivering compensation materials and presentations to educate employees, and leading/participating in departmental projects.
Providies expert-level broad-based compensation services to UT's internal stakeholders, including base salary administration, short-term incentives, and long-term equity awards. The primary responsibility of this role will be the management and administration of the UT's job architecture, including job mapping and career path development and maintenance. Additionally, this role support broad-based compensation initiatives, including, but not limited to maintaining and contributing to the optimization of the Compensation Management System, completing compensation surveys, developing and/or delivering compensation materials and presentations to educate employees, and leading/participating in departmental projects.
Own job architecture and career path development and maintenance to ensure current and new jobs are aligned and calibrated to internal guidelines and conventions:- Utilize life sciences industry knowledge and expertise to provide consultation and support to HR and internal business partners on job architecture and career pathways
- Orient and educate senior leaders on the purpose and importance of job architecture and career pathways. Lead and guide career pathway discussions with internal senior leaders.
- Perform critical review of current and future-state career pathways, titling conventions, and alignment of career levels
- Partner with HR team members to develop, facilitate, and adhere to project plans associated with career framework initiatives including partnering with HR and the business to operationalize and maintain the framework
- Lead and guide career pathway discussions with internal senior leaders
- Perform compensation analyses and market pricing, including FLSA testing and classification
- Maintain career pathways on an ongoing ownership-basis to ensure current and accurate job leveling, content, and compensation alignment
- Support key HR / Compensation events:
- Operate as an internal consultant to provide broad-based compensation and policy services to HR, managers, and employees
- Assist in the administration of cash compensation programs, short-term incentives, rewards & recognition, and long-term equity awards
- Support annual and ad-hoc compensation survey participation/submission, and results analysis
- Support the planning and administration of the mid-year and annual merit and promotion compensation planning cycles
- Participate in the development of new or revised processes to improve procedures and guidelines of compensation programs
- Acts as an educational resource for client managers and employees about UT's compensation philosophy, pay for performance, etc.; Develop and deliver compensation education initiatives to the business as needed
- Stay current on compensation-related topics and industry trends by attending training sessions and reading technical publications
- All other duties as assigned
For this role you will need
Minimum Requirements
- Bachelor’s Degree in Arts/Sciences (BA/BS) in business administration, human resources, psychology, or related field
- Senior Analyst level: 5 years of progressive compensation experience within an HR function; 2 years of corporate or consulting experience in the life sciences industry (pharmaceutical, biotech, medical devices, etc.)
- Manager level: 8 years of progressive compensation experience within an HR function; 3 years of corporate or consulting experience in the life sciences industry (pharmaceutical, biotech, medical devices, etc.)
- Skilled in designing & evaluating job architecture/career ladders, market price job evaluation, and competitive analysis
- Strong knowledge of life sciences industry roles and functional areas
- Experience building compensation models and conducting pay analysis
- Experience utilizing compensation survey data (Radford & Mercer industry surveys preferred)
- Strong knowledge of compensation theory and local, state and federal laws and regulations, such as the FLSA, Equal Pay Act, minimum wage, and overtime
- Experience working with, and knowledge of short and long-term incentives
- Advanced skills in Microsoft Excel, Word, and PowerPoint; Able to build and navigate complex spreadsheets through the use of formulas, pivot tables, and charts
- Ability to work with confidentiality, multi-tasking, leading projects, presenting material to managers, and meeting deadlines
- Highly adaptable and agile in a fast-paced growth environment; able to thrive within ambiguity
- Skilled in project management techniques and practice - ability to support and/or manage multiple projects, applying expertise and knowledge of both the internal and external environments
Preferred Qualifications
- Master’s degree (MA/MS/MBA) in business administration, human resources, psychology, or related field
- CCP or working towards - Certified Compensation Professional , Global Remuneration Professional (GRP), or related compensation certification strongly preferred
- Professional in Human Resources (PHR)-HRCI or Senior Professional in Human Resources (SPHR)-HRCI
- Experience in other related areas of HR (e.g., HRIS, Benefits/Total Rewards, Recruiting, etc.)
- Experience with HRIS, Compensation, and/or Job Description Management Systems (Workday, JDXpert, PayScale/Payfactors a plus)
- Experience operating in a publicly traded company
At United Therapeutics, you’ll realize quickly that it is not an ordinary place to work! When you join our company, you will learn, grow, contribute, have fun, and be challenged... all while making a difference in the lives of our patients.
While United Therapeutics does not require vaccination for Covid-19 at this time, we strongly encourage all employees and visitors to remain up to date on vaccinations and boosters to protect one another from illness. Employees working in customer-facing roles must adhere and comply with customers’ credentialing guidelines, which may require vaccination against Covid -19, the influenza virus, and other illnesses that could be harmful to healthcare staff and patients.
United Therapeutics Corporation is an Equal Opportunity/Affirmative Action Employer - EOE Minorities / Females / Protected Veterans / Individuals with Disabilities
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