Senior Manager, Strategic Compensation
$150.03k - $224.25kJobRx, Inc.
Job Summary This position reports to the Senior Director, Compensation & Talent Acquisition and is designed to lead and provide subject matter expertise to assigned business segments in support of the company's compensation & rewards programs, including compensation administration, mid‑year and annual rewards cycles, salary survey management, recognition awards and ad‑hoc strategic initiatives to support Otsuka's full suite of rewards offerings. This individual will strive to drive a successful compensation program across Otsuka by providing operational excellence, key insights and recommendations, program leadership, and timely execution. Job Description Lead compensation analysis for assigned business segments, including analyzing internal and external job data and providing recommendations on levels, appropriate salary grades and variable pay targets for new roles, new hire offers, promotions and special compensation issues. Provide consultation to HR business partners and business leaders on all matters compensation to drive alignment with Otsuka's compensation philosophy and programs. Partner with HR functions (Talent Acquisition, HRIS, People Operations) to consistently improve processes that increase the manager and employee experience. Support and lead annual review processes, including merit/bonus planning and long‑term incentive review process. Lead salary survey process, including survey submissions and survey data analysis and updates. Perform ad‑hoc analysis and support in areas such as mergers & acquisitions, affiliate integrations and reorganization of teams. Maintain recognition programs for assigned business and support overall recognition philosophy at Otsuka. Participate in design, development and implementation of communication materials to effectively educate employees and managers on compensation programs. Stay abreast of best practices in compensation; leverage key insights to develop thoughtful recommendations for enhancement and improvement of compensation and rewards programs. Qualifications Required Bachelor's degree or equivalent experience. Ability to conduct market and pay research, analyze compensation information and data and present findings in a concise format. Significant experience administering compensation and participating in annual processes (i.e., Merit planning). Excellent Excel skills, including vlookups and pivot tables, and experience with Word and PowerPoint. Strong interpersonal skills, with the ability to effectively communicate both in writing and verbally throughout all levels of the organization. Ability to take initiative, be accountable for individual and team results, and be motivated to set and achieve high performance standards. Ability to prioritize project deadlines together with day‑to‑day requirements while maintaining work product excellence and high levels of customer service. Demonstrates outstanding judgment and decision making. Solid attention to detail, including ability to anticipate data‑related questions. Great teammate with ability to flex to different styles and work collaboratively with peers. Ability to handle sensitive information, maintain confidentiality and address sensitive situations in a constructive manner. Preferred 7+ years of experience in administering compensation and rewards programs. Experience with Workday and/or Marketpay. Experience supporting M&A activity and integrations. Professional certification (CCP, PHR, SPHR, etc.). Pharmaceutical/Biotech/Healthcare industry experience. Competencies Accountability for Results - Stay focused on key strategic objectives, be accountable for high standards of performance, and take an active role in leading change. Strategic Thinking & Problem Solving - Make decisions considering the long‑term impact to customers, patients, employees and the business. Patient & Customer Centricity - Maintain an ongoing focus on the needs of our customers and/or key stakeholders. Impactful Communication - Communicate with logic, clarity and respect. Influence at all levels to achieve the best results for Otsuka. Respectful Collaboration - Seek and value others' perspectives and strive for diverse partnerships to enhance work toward common goals. Empowered Development - Play an active role in professional development as a business imperative. Salary Range Minimum $150,034.00 – Maximum $224,250.00, plus incentive opportunity. The range shown represents a typical pay range or starting pay for individuals who are hired in the role to perform in the United States. Other elements may be used to determine actual pay such as the candidate's job experience, specific skills and comparison to internal incumbents currently in role. Typically, actual pay will be positioned within the established range, rather than at its minimum or maximum. Company Benefits Comprehensive medical, dental, vision, prescription drug coverage, company provided basic life, accidental death & dismemberment, short‑term and long‑term disability insurance, tuition reimbursement, student loan assistance, a generous 401(k) match, flexible time off, paid holidays and paid leave programs as well as other company provided benefits. Come discover more about Otsuka and our benefit offerings; Equal Opportunity Employment Statement Otsuka is an equal opportunity employer. All qualified applicants are encouraged to apply and will be given consideration for employment without regard to race, color, sex, gender identity or gender expression, sexual orientation, age, disability, religion, national origin, veteran status, marital status or any other legally protected characteristic. If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation, if you are unable or limited in your ability to apply to this job opening as a result of your disability. You can request reasonable accommodations by contacting Accommodation Request. #J-18808-Ljbffr
$150.03k - $224.25k
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