At Globus Medical, we move with a sense of urgency to deliver innovations that improve the quality of life of patients with musculoskeletal disorders. Our team is inspired by the needs of these patients, and the surgeons and healthcare providers who treat them. We embrace a culture of exceptional response by partnering with researchers and educators to transform clinical insights into tangible solutions. Our solutions improve the techniques and outcomes of surgery so patients can resume their lives as quickly as possible.
Position Summary:
The Senior Compensation Analyst will play a critical role in supporting the team through the development, implementation, and ongoing optimization of compensation strategies. The role will be responsible for enhancing our ability to attract, engage and retain employees while ensuring alignment with our Compensation philosophy, best practices, business strategies, and financial objectives. Programs include job leveling and pricing, salary survey participation, salary adjustments, and annual compensation planning. This role reports to the Compensation Director and works closely with HR Business Partners globally, along with Talent Acquisition HRIS, Payroll, and Benefits.
Essential Functions:
Business support
Administer and oversee day-to-day compensation tasks with varying complexity.
Formulate recommendations regarding development of business process workflows, FLSA exemptions, and job descriptions.
Job architecture & job evaluations
Assist with the development and implementation of job architecture.
Conduct job evaluations and job leveling across various functions to ensure pay equity and consistency.
Provide compensation recommendations for new and existing roles based on analysis of job responsibilities, skills, and experience levels.
Conduct internal job analysis to ensure appropriate classification and grading of jobs, and external job analysis through salary survey participation.
Pay structures & compensation planning
Assist in the development and implementation of pay structures.
Participate in salary survey submissions.
Assist with the administration for annual compensation planning in Workday, including salary review (merit) and short-term incentive programs globally.
HR partnerships
Partner with global HR Business partners to resolve compensation issues including base pay, incentive plans, and recognition payments.
Generate ad-hoc compensation reports for senior leadership, HR teams, and external auditors as needed.
Participate in training sessions for various stakeholders, including HR and leadership.
Assist with HR projects where compensation analysis is required.
Support the integration of new business acquisitions from a compensation perspective.
Policies & procedures
Develop policies and procedures to support the HR & Compensation functions.
Ensure that implementation occurs timely, and policies and procedures are followed consistently.
Performs other duties as assigned based on business needs.
Adheres to the letter and spirit of the company Code of Conduct, the AdvaMed Code, MedTech Code, and all other company policies. Ensures Compliance with applicable governmental laws, rules, and regulations, both in the United States and internationally, by completing introductory and annual training and maintaining knowledge of compliance as it applies to your role.
Represents the company in a professional manner and uphold the highest standards of ethical business practices and socially responsible conduct in all interactions with other employees, customers, suppliers, and other third parties.
Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
Qualifications:
Typically requires a minimum of 5 years of related experience with a Bachelor’s degree; or 3 years and a Master’s degree; or a PhD without experience; or equivalent work experience.
Strong analytical skills and Microsoft Excel skills required
Certified Compensation Professional (CCP) preferred
Compensation analysis, broad base pay, and job evaluation experience preferred
Workday experience preferred
Aon Radford survey provider experience preferred
International compensation experience preferred
Strong attention to detail and analytical skills
Ability to present to different stakeholders
Excellent interpersonal skills with the ability to communicate with various levels and functions within the organization, develop relationships, influence in a matrix organization, active listening
Ability to travel up to 10% of the time
Physical Demands:
The physical demands listed here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
Required to sit; climb or balance; and stoop, kneel, crouch or crawl
Required to regularly lift and/or move up to 10 pounds, and occasionally lift and/or move up to 25 pounds
Required to possess specific visons abilities, including: close vision, distance vision, color vision, peripheral vision, depth perception and capacity to adjust focus
Our Values:
Our Life Moves Us philosophy is built on four values: Passionate About Innovation, Customer Focused, Teamwork, and Driven.
Passionate about Innovation: Improving patient care by delivering advanced technology to our customers is at the core of what we do. We are passionate in our role in improving the lives of patients by continuously developing better solutions.
Customer Focused: We listen to our customers’ needs and respond with a sense of urgency.
Teamwork: Working together, anything is possible. We value every person on our team and treat each other with respect. We are accountable to one another and support each other. Together, we make each other stronger.
Driven: We pursue our mission with energy and passion. We are nimble, results-oriented and decisive. We overcome obstacles that arise in our quest to deliver solutions that will improve the lives of our customers and patients.
Equal Employment Opportunity:
Globus Medical is an equal opportunity employer. All applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, disability, marital status, pregnancy, national origin or citizenship. We are committed to a diverse workforce. We value all employees’ talents and support an environment that is inclusive and respectful.
Other Duties:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.