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Associate Director, Compensation and Equity Operations- Hybrid
Associate Director, Compensation and Equity Operations- HybridMerck • West Point, PA, US
Associate Director, Compensation and Equity Operations- Hybrid

Associate Director, Compensation and Equity Operations- Hybrid

Merck • West Point, PA, US
30+ days ago
Job type
  • Full-time
Job description

Associate Director, Compensation And Equity Operations

The Associate Director, Compensation and Equity Operations is a highly visible role, responsible for leading our ongoing cyclical activities and global initiatives which help evolve our underlying compensation platforms in response to global market conditions. This individual maintains a strong focus on implementation and operational excellence, with ample opportunity to lead (role has three direct reports) and partner with a cross-functional HR network.

The ideal candidate is a highly effective consensus builder, strong in the fundamentals of compensation and equity administration and open to new challenges and forward-looking initiatives. This individual plays a critical role in delivering on our company's compensation strategy and executing compensation programs that enable our competitive advantage globally.

Primary Responsibilities

  • Provide leadership around the development of compensation-related processes and the integration of compensation structure changes aligned to our CoE's strategy
  • Provide ongoing relevant reporting for all cyclical processes
  • Run INSPIRE employee recognition program including supplier management and oversight
  • Oversight of Equity Administration globally, including participant experience and supplier management.
  • Support process-related escalations with our global service delivery teams and provide training to effectively support compensation processes
  • Review & approve technical and process-oriented aspects of compensation communications, focusing on change impacts to the organization and our service delivery model
  • Drive the execution and continuous improvement of compensation processes.
  • Maintain and assess the effectiveness of tools available to our stakeholders including our HRBP and global talent acquisition teams to support compensation decision making
  • Provide insight and analytics into user behavior during compensation processes
  • Present material to senior level executives and provide training to global stakeholders on utilization of compensation planning tools; conduct training sessions for end-users

Cyclical Activity

  • Oversee end-to-end delivery of all aspects of the annual compensation process with a cross-functional year-end network, including the implementation of compensation strategy changes within Workday's Advanced Compensation environment
  • Lead progression promotion activities and processes across the organization
  • Oversee and coordinate our global pay equity activity with a cross-functional network
  • Establish local and global eligibility requirements related to annual salary increase, bonus, performance ratings and equity awards
  • Facilitate year-round data audits focused on global compensation data integrity
  • Continuously improve compensation processes, with a focus around governance models and solutions that advance the efficiency and effectiveness of self-service
  • Participate in and support M&A projects as needed
  • Manage equity programs including audits, approval of monthly reporting, quarterly vesting and grant activities

    • Qualifications

  • Strong Microsoft Office skills (including advanced Excel and PowerPoint experience)
  • Strong knowledge of global compensation programs
  • Ability to collaborate in a globally matrixed organization
  • Capable of making sound decisions and adapting communications styles to various stakeholder groups with a high degree of conviction
  • Strong functional leadership and problem-solving skills
  • Confident and comfortable in creating and delivering presentations to various levels of the organization
  • Skilled in reporting elements of Workday
  • Advanced analytics capabilities

    • Required Education & Experience

  • Minimum of a bachelor's degree, or currently in pursuit of degree completion, or equivalent relevant work experience.
  • A minimum of 10 years of overall experience in HR or related discipline with 7 years of progressive work experience with broad-based and / or executive compensation programs, and 5 years of experience with Workday Compensation Planning module preferred. (With master's degree, minimum experience is 8 years.)
  • Workday HCM / Workday Advanced Comp knowledge and deployment experience
  • Broad total rewards experience in areas of equity, US benefits and retirement administration is a plus
  • Experience as a project manager is a plus
  • CEP designation a plus
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    Director Compensation • West Point, PA, US