Overview:
TekWissen Group is a workforce management provider throughout the USA and many other countries in the world. The below job opportunity is with one of our Biotech clients who researches develop and commercializes drugs. The company focuses primarily on antiviral drugs used in the treatment of HIV, hepatitis B, hepatitis C, and influenza, including Harvoni and Sovaldi.
Job Description:
About the Role:
- Client is looking to engage a full-time Compensation Consultant to help us optimize our annual market analysis process.
- We are embarking on a project to select and fully utilize a system to support our end-to-end process including survey submission, benchmarking, salary range aging, and the assignment of job profiles to ranges.
- In addition, the consultant will be helping to fill a temporary gap on the compensation team due to an employee going out on leave.
- The successful candidate will have global compensation experience preferably within our industry across multiple compensation systems with a strong penchant for project management.
- We are looking for someone who has the experience to lead a critical project but can also dig in and “do the work.”
Specific responsibilities for the Annual Market Analysis project will include:
- Lead the creation of an Annual Market Analysis project plan to implement a new system
- Drive the RFP process for vendor selection within the Compensation team
- Lead the design of a go-forward solution utilizing the new system including compensation structures, tools and processes
- Lead the build and implementation of the new solution
- Complete a project assignment for one or more ex-U.S. countries
- Provide a recommendation for salary range assignments based on guiding principles (market 50th, job family progression, etc.)
- Analyse the gap for our current range assignments
- Provide a recommendation for how/when to implement a solution including budget impact and change management
Specific responsibilities for the Interim compensation team support role will include:
- Conduct complex modelling and costing for compensation programs
- Lead the development of annual salary budget proposals by country
- Manage the aging and refresh process for global salary range structures
- Manage and facilitate the annual salary range job assignment process including developing supporting tools and process, consolidating input from the broader team and auditing results
- Develop our annual merit matrix based on performance and position in range subject to salary budgets
- Partner with Finance to ensure appropriate forecasting and planning for various compensation program costs
- Lead or participate in a broad range of ad hoc projects
Capabilities Required:
- Demonstrated expertise with market pricing / compensation survey management tools
- Demonstrated background in data analysis and cost modeling
- Able to drive projects to completion with minimal direction
- Build strong justification to support recommendations and effectively communicate with decision-makers
- Excellent problem solving, written and verbal communication skills
- Highly detail-oriented with a focus on data accuracy and integrity
- Strong time management and organizational skills
- Team player who can easily handle shifting priorities, multi-tasking in a fast-paced environment
- Motivated and willing to take initiative
Required Skills & Experience:
- Sr Mgr to Director level experience
- Excellent knowledge of MS Office; advanced Excel skills
- Ability to handle sensitive data in a confidential manner
Preferred Skills & Experience:
- Experience working in a global organization with 5,000 or more employees
- Biopharmaceutical or Pharmaceutical industry experience
- Working knowledge of Excel VBA, macros, advanced formulas
- Experience working with Sharepoint and Microsoft Teams
- CCP/GRP certification or course completion desired.
TekWissen® Group is an equal opportunity employer supporting workforce diversity.
Job Types: Full-time, Contract
Pay: $125.00 - $132.00 per hour
Application Question(s):
- How many years of experience do you have with Data analysis and Cost modeling?
- How many years of experience do you have with Market Analysis?
- How many years of experience do you have with Market Pricing/Compensation Survey tools?
- Do you have experience working in Biopharma/Pharma industry?
- Do you have certification of CCP/GRP?
Work Location: In person
