Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives every decision we make.
Job Posting TitlePrincipal Compensation Analyst - REMOTEJob DescriptionThe Principal Compensation Analyst is responsible for providing thought leadership and compensation expertise to advance Prime's compensation strategy. This role will play an integral role in the analysis, development, implementation, communication, and administration of compensation plans including base pay and incentive programs, as well as policies and procedures for the enterprise as well as assigned groups. This role is responsible for driving and executing the compensation strategy, leading enterprise compensation projects, and providing day to day guidance to the compensation team. This position will participate in incentive plan design and support the administration of executive compensation programs.
Responsibilities
Provide thought leadership and consultative approach in recommending, designing, developing, and implementing competitive compensation programs and to resolve compensation-related mattersPartner with the Diversity, Equity & Inclusion (DE&I) Director, Employee Resource Groups (ERGs), key business partners, senior management, Human Resources (HR) and other team members on approaches to integrate pay equity and pay transparency across the company and recommendations to resolve potential roadblocksSupport executive compensation programs, including preparing information for board meetings and maintaining plan documentationIdentify, recommend, and implement enhancements to best leverage Workday system for accurate and efficient compensation administration; manage compensation related configuration within the Workday systemConduct job evaluations for assigned groups, including senior leadership and executive level positions, to determine the appropriate job levelEnsure compliance with applicable federal, state, and local compensation regulations and requirements and ensure alignment with payroll and timekeeping proceduresConduct market analysis and provide recommendations for annual compensation budgets and annual increases, pay structures and tiers, incentive plans, and discretionary and non-discretionary bonus plans; manage and maintain financial accruals for compensation programsPartner with HR business partners on job evaluations and job descriptions, incentive plans and any other compensation analysis and related mattersOther duties as assignedEducation & Experience
Bachelor's degree in Human Resources, Industrial Relations, Business or other related area of study, or equivalent combination of education and/or work experience; HS diploma or GED is required7 years of work experience in Compensation with 2 years of Executive Compensation experienceMust be eligible to work in the United States without the need for work visa or residency sponsorshipAdditional Qualifications
Excellent oral and written communication skills including the ability to develop effective presentations using insights and data to effectively communicate key messagesHighly analytical and research orientedAbility to effectively work through ambiguityAbility to analyze data with a high level of accuracy and consistencyAbility to handle stressful situations with confidence and diplomacyAdvanced project management skills with the ability to work under strict timelinesAdvanced Microsoft Excel and PowerPoint skills and proficiency with HR systemsDemonstrated confidence in presenting information to HR and managementEffective negotiation and conflict resolution skillsProven ability to build/maintain strong relationshipsPreferred Qualifications
Certified Compensation Professional (CCP) designationMBA, Master's degree in Human Resources or related area of studyExperience using Workday systemPhysical Demands
Must be able to remain in a stationary position 50% of the time. Must be able to “move or traverse”Must be able to constantly operate a computer and/or other office productivity equipmentMust be able to hear and constantly communicate information and ideas. Must be able to exchange accurate informationEvery employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures.
Potential pay for this position ranges from $94,000.00 - $160,000.00 based on experience and skills.To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail.Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sex (pregnancy, sexual orientation, and gender identity), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law.
We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.
Prime Therapeutics LLC is a Tobacco-Free Workplace employer.
Positions will be posted for a minimum of five consecutive workdays.