Senior Manager, Global Compensation

Expected Travel: Up to 10%

Requisition ID: 12296 

 

About Teleflex Incorporated

As a global provider of medical technologies, Teleflex is driven by our purpose to improve the health and quality of people’s lives. Through our vision to become the most trusted partner in healthcare, we offer a diverse portfolio with solutions in the therapy areas of anesthesia, emergency medicine, interventional cardiology and radiology, surgical, vascular access, and urology. We believe that the potential of great people, purpose-driven innovation, and world-class products can shape the future direction of healthcare. 
 
Teleflex is the home of Arrow™, Barrigel™, Deknatel™, QuikClot™, LMA™, Pilling™, Rüsch™, UroLift™ and Weck™ – trusted brands united by a common sense of purpose.
 
At Teleflex, we are empowering the future of healthcare.  For more information, please visit teleflex.com.

 

Global Functions – The Corporate division is the central operating unit of the company; setting strategy and policy and providing business development, finance, human resources, information technology, investor relations and legal support to the businesses. The global Company headquarters is located just outside of Philadelphia in Wayne, PA. Join a dynamic, growing team that offers healthcare providers an array of medical technology solutions that make a difference in patients’ lives.

Position Summary

The Sr. Manager, Global Compensation will report into the Director, Global Compensation, supporting the organization’s broad-based compensation programs including base salary, annual incentive, and long-term incentive programs. The successful candidate will develop, implement and manage compensation programs and processes for our global organization, ensuring that they are effective in supporting our strategic business requirements.

Principal Responsibilities

The role will provide comprehensive functional leadership on strategy, design, compliance, implementation, communications, training, systems and administration for all corporate compensation programs:
•    Base Salary Program: 
o    Maintain the integrity and governance of the global job classification methodology 
o    Maintain salary ranges aligned to business needs and competitive markets
•    Annual Corporate Cash Bonus Program:
o    Work closely with finance colleagues on quarterly accrual process
o    Responsible for final bonus calculation and payout.
•    Long-Term Incentive Program:
o    Manage equity grant process for stock options, restricted stock units and performance share units in 29 countries 
o    Responsible for taxation and payroll reporting/withholding compliance in all countries
•    Lead and manage all aspects of the global compensation cycle for annual merit, bonus and equity grant cycles
•    Compile, analyze, and develop reports on compensation data, competitive positioning, market trends and forecasts potential outcomes including building financial models involving complex analysis
•    Partner with HR technology team to ensure continuous improvement of process and technology in support of compensation programs
•    Collaborate with finance, legal and tax colleagues to ensure alignment and compliance on all compensation programs
•    Provide information and analysis for Executive and Compensation Committee presentations and various SEC filing requirements
•    Monitor and evaluate the effectiveness of compensation programs and processes, including assessments of equity both internally and externally, and make recommendations for improvements
•    Participate in M&A activities as needed throughout the due diligence process and the transitioning of employees to new compensation programs
•    Provide advice and direction to regional HRBPs and Country HR Managers on global compensation practices and policies
•    Develop communications strategy and plans to improve employee and management awareness, understanding and appreciation of the compensation programs
•    Manage systems and service vendor relationships and performance to ensure the best result for Teleflex
•    Perform other duties as assigned 

Education / Experience Requirements

•    Bachelor’s degree in HR, Business or related field with 5+ years of global compensation experience, managing a compensation function
•    Working knowledge and experience with global equity programs
•    Strong working knowledge of compensation policies and practices
•    Experience working in a multi-national organization
•    Significant experience partnering with internal HR technical teams and/or external systems vendors to ensure all compensation modules and functions are accurate
•    CCP, GRP strongly desired

Specialized Skills / Other Req