Senior Compensation Analyst

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