Sr Manager, People Experience, Global Compensation - Research and Development

Use Your Power for Purpose

As a member of Pfizer’s Global Compensation organization, the Sr Manager, Global Compensation for our Research & Development (R&D) Division will provide compensation expertise, guidance and counseling to our People Experience (PX) and Business Partners in the R&D organization, in support of our Purpose (Breakthroughs that change patients' lives), business strategy and culture, and to enhance Pfizer’s ability to attract, retain and engage a high-performing, committed workforce. 

This role will play a crucial role in the development, adherence, implementation and communication of global and divisional compensation strategies, programs, guidelines and governance, and will participate in various compensation-related projects.  The role requires strong collaboration across Pfizer’s R&D organization and the Global Compensation team.

What You Will Achieve

In this role, you will:

• Understand, apply and guide divisional PX and Business Partners on Pfizer’s Global Compensation strategy and positioning, policies, practices, processes and tools.

• Provide consultation and guidance to divisional PX and Business Partners about compensation-related matters (e.g., pay decisions, policy & guideline interpretation, competitive pay positioning, retention strategies, job evaluations, job offers, reward & recognition programs, etc.) and ensure all compensation needs for our R&D organization are met.

• Through strong partnership with PX and line leaders, proactively identify compensation, retention and recognition issues that may affect critically important colleague cohorts while ensuring alignment with broader talent management initiatives.

• Facilitate annual compensation cycle process (base salary, bonus and long-term incentives) including development of process guidelines and analysis of line recommendations for Senior Leadership review.

• Analyze complex external and internal data sets to recommend practical options to address compensation-related issues in consideration of evolving business needs, Pfizer’s Compensation guidelines & governance, and internal business equity.

• Analyze compensation program effectiveness and recommend improvements to support business goals and colleague engagement.

• Lead or participate in compensation-related initiatives (e.g. enterprise-wide project teams, acquisition-related support, customer group-based projects) as required.

• Collaborate with other Divisional Compensation Leads to ensure alignment of approaches and solutions that address the needs of all global organizations.

• Partner with Regional Compensation Leads to understand global issues and address international compensation-related issues and projects.

• Monitor and apply compensation trends and practices in the Bio-pharmaceutical Industry, to keep the organization at the forefront of compensation innovation.

Here Is What You Need (Minimum Requirements)

• Bachelor's degree required in a related discipline

• Six (6) or more years of relevant experience with a minimum of 3+ years experience in progressively more responsible compensation assignments with a focus on the pharmaceutical or life sciences sectors

• Strong understanding of compensation principles, tools, processes and methodologies

• Strong analytical & quantitative skills and experience with compensation data analysis and modeling, including but not limited to advanced Excel capability, and strong interest in building and applying AI capabilities

• Proven ability to develop and execute compensation programs and processes that drive business results

• Excellent communication and interpersonal skills, with the ability to establish credibility, influence and collaborate effectively at all organizational levels

• Strong project management skills, including the ability to manage projects requiring multiple stakeholders with differing perspectives

• Ability to proactively identify issues / considerations and provide strategic consultation to mitigate potential issues

• Strong capability to operate effectively in multi-cultural/international environments

• Customer-focused and immediately responsive to business and PX leadership

• Ability to independently support and address client needs with limited supervision

• Ability to manage in ambiguity

• Demonstrates personal effectiveness: ability to cope with change, manage workloads and deliverables and actively committed to own personal and professional development

Bonus Points If