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Director, Compensation

Director, Compensation

Syneos Health / inVentiv Health Commercial LLCBridgewater, NJ, United States
8 days ago
Job type
  • Full-time
Job description

Director, Compensation

Syneos Health is a leading fully integrated biopharmaceutical solutions organization built to accelerate customer success. We translate unique clinical, medical affairs and commercial insights into outcomes to address modern market realities.

Every day we perform better because of how we work together, as one team, each the best at what we do. We bring a wide range of talented experts together across a wide range of business-critical services that support our business. Every role within Corporate is vital to furthering our vision of Shortening the Distance from Lab to Life.

Discover what our 29,000 employees, across 110 countries already know.

WORK HERE MATTERS EVERYWHERE

Why Syneos Health

  • We are passionate about developing our people, through career development and progression; supportive and engaged line management; technical and therapeutic area training; peer recognition and total rewards program.
  • We are committed to our Total Self culture - where you can authentically be yourself. Our Total Self culture is what unites us globally, and we are dedicated to taking care of our people.
  • We are continuously building the company we all want to work for and our customers want to work with. Why? Because when we bring together diversity of thoughts, backgrounds, cultures, and perspectives - we're able to create a place where everyone feels like they belong.

Job Responsibilities

Leads the design, development, governance, and administration of compensation programs globally to ensure not only responsiveness to the Company's compensation goals and competitive practices, but also proactively anticipates future needs and trends, positioning the organization ahead in a dynamic market.

Works collaboratively across Business Units and Functions to support and implement strategic compensation initiatives that align with organizational objectives and talent management priorities. Responsible for developing advanced compensation models and analytics to assist in budgeting, plan design, and planning cycles.

Compensation Partner

Provides compensation support and counsel to assigned clients, business units, and cross-functional partners. Offers and reviews creative solutions to global compensation-related issues, ensuring alignment and consistency across the organization. Advises the business on external employment offers, job leveling, promotions, and competitive compensation analysis.

Continuously assesses the effectiveness of current compensation policies, guidelines, and procedures, recommending strategic, cost-effective revisions that are grounded in industry best practices and fully aligned with our global compensation strategy.

Directs enterprise-wide compensation planning activities, including salary increase and incentive cycles, and partners with Business Units and Functional leaders to deliver tailored solutions that meet their strategic needs.

Analyzes market pricing of jobs and participates in matching internal positions with external data in salary surveys, ensuring parity and competitiveness across all areas of the business. Analyzes data for market trends.

Performs line management responsibilities, including professional development, performance appraisals, and employee counseling for junior and management staff. Assigns project work and reviews workload for all direct reports. Manages staff by establishing goals to increase knowledge and skill levels and by delegating tasks commensurate with skill level.

Ensures compliance with relevant laws and regulations impacting compensation plans and policies, working closely with stakeholders across Business Units, Functions, and our works councils to maintain alignment and effective collaboration.

Data Analysis

Demonstrates a passion for continuous learning and curiosity around emerging technologies, especially artificial intelligence, proactively exploring how AI tools and insights might be integrated into total rewards strategies.

Champions experimentation and knowledge sharing to uncover new ways AI can empower more data-driven, personalized, and agile compensation solutions, enhancing the experience and outcomes for clients, business leaders, and employees alike.

Oversees the development and maintenance of sophisticated compensation models to assist in budgeting and planning cycles.

Creates models that show the impact of various pay scenarios and how they affect different parts of the organization.

Works with the reporting team to ensure reports meet compensation needs for both standard and ad hoc reporting across all functions.

Conducts extensive pay equity analyses to ensure compliance with internal policies and external regulations, proactively identifying and addressing pay gaps organization-wide.

Prepares regular and ad hoc compensation analyses, dashboards, and reports for senior leadership, tailored to the needs of diverse Business Units and Functions.

Supports merger and acquisition activities related to compensation and job leveling, collaborating with cross-functional teams as necessary.

Qualifications

BA / BS degree, preferably in a related field

10 years of related experience as a compensation professional with 2 years management experience.

Strategic thinker with a strong compensation background in large global companies.

Sales compensation experience preferred.

CCP, GRP, and / or S / PHR certification preferred.

Workday and Payfactors experience preferred.

Excellent leadership skills.

Strong MS Office skills with advanced Excel skills.

Ability to demonstrate strong, persuasive verbal and written communication skills.

Ability to identify creative solutions and implement with minimal direction.

Professionalism and effective ability to manage confidential information.

Ability to prioritize and handle multiple tasks in a dynamic and fast-paced environment.

At Syneos Health, we believe in providing an environment and culture in which Our People can thrive, develop and advance. We reward and recognize our people by providing valuable benefits and a quality-of-life balance. The benefits for this position may include a company car or car allowance, Health benefits to include Medical, Dental and Vision, Company match 401k, eligibility to participate in Employee Stock Purchase Plan, Eligibility to earn commissions / bonus based on company and individual performance, and flexible paid time off (PTO) and sick time. Because certain states and municipalities have regulated paid sick time requirements, eligibility for paid sick time may vary depending on where you work. Syneos complies with all applicable federal, state, and municipal paid sick time requirements.

Salary Range :

$118,700.00 - $207,800.00

The base salary range represents the anticipated low and high of the Syneos Health range for this position. Actual salary will vary based on various factors such as the candidate's qualifications, skills, competencies, and proficiency for the role.

Get to know Syneos Health

Over the past 5 years, we have worked with 94% of all Novel FDA Approved Drugs, 95% of EMA Authorized Products and over 200 Studies across 73,000 Sites and 675,000+ Trial patients.

No matter what your role is, you'll take the initiative and challenge the status quo with us in a highly competitive and ever-changing environment. Learn more about Syneos Health.

http : / / www.syneoshealth.com

Additional Information

Tasks, duties, and responsibilities as listed in this job description are not exhaustive. The Company, at its sole discretion and with no prior notice, may assign other tasks, duties, and job responsibilities. Equivalent experience, skills, and / or education will also be considered so qualifications of incumbents may differ from those listed in the Job Description. The Company, at its sole discretion, will determine what constitutes as equivalent to the qualifications described above. Further, nothing contained herein should be construed to create an employment contract. Occasionally, required skills / experiences for jobs are expressed in brief terms. Any language contained herein is intended to fully comply with all obligations imposed by the legislation of each country in which it operates, including the implementation of the EU Equality Directive, in relation to the recruitment and employment of its employees. The Company is committed to compliance with the Americans with Disabilities Act, including the provision of reasonable accommodations, when appropriate, to assist employees or applicants to perform the essential functions of the job.

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Director Compensation • Bridgewater, NJ, United States

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