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Associate Director, Compensation Operations

Merck Cherokee

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Kenilworth, NJ
LOCATION

Job Description

As posted by the hiring company

Job Overview:

Job Description

The Associate Director, Compensation 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 and partner with a cross-functional HR network.

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

Primary Responsibilities

  • Provide leadership around the development of compensation-related processes and the integration of compensation structure changes aligned to our CoE’s strategy

  • Oversee the support for process-related escalations in partnership with our global service delivery teams

  • 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 in cyclical and off-cycle processes

  • Present material to senior level executives and provide training to global stakeholders on utilization of comp planning tools

Cyclical Compensation 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

  • Establish local and global eligibility requirements related to annual salary increase, bonus, 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

  • Oversee and coordinate our global pay equity activity with a cross-functional network

  • Participate in and support M&A projects as needed

Qualifications

  • 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

Education & Experience

  • Minimum of a Bachelor’s degree is required

  • Minimum of 7 years of progressive work experience with broad-based and/or executive compensation programs

  • Workday HCM / Workday Advanced Comp knowledge and deployment experience is preferred

  • Broad total rewards experience in areas of equity, US benefits and retirement administration is a plus

Our Human Health Division maintains a “patient first, profits later” ideology. The organization is comprised of sales, marketing, market access, digital analytics and commercial professionals who are passionate about their role in bringing our medicines to our customers worldwide.

Who we are …

We are known as Merck & Co., Inc., Rahway, New Jersey, USA in the United States and Canada and MSD everywhere else. For more than a century, we have been inventing for life, bringing forward medicines and vaccines for many of the world's most challenging diseases. Today, our company continues to be at the forefront of research to deliver innovative health solutions and advance the prevention and treatment of diseases that threaten people and animals around the world.

What we look for …

Imagine getting up in the morning for a job as important as helping to save and improve lives around the world. Here, you have that opportunity. You can put your empathy, creativity, digital mastery, or scientific genius to work in collaboration with a diverse group of colleagues who pursue and bring hope to countless people who are battling some of the most challenging diseases of our time. Our team is constantly evolving, so if you are among the intellectually curious, join us—and start making your impact today.

NOTICE FOR INTERNAL APPLICANTS

In accordance with Managers' Policy - Job Posting and Employee Placement, all employees subject to this policy are required to have a minimum of twelve (12) months of service in current position prior to applying for open positions.

If you have been offered a separation benefits package, but have not yet reached your separation date and are offered a position within the salary and geographical parameters as set forth in the Summary Plan Description (SPD) of your separation package, then you are no longer eligible for your separation benefits package. To discuss in more detail, please contact your HRBP or Talent Acquisition Advisor.

New hires in office-based roles in the US & Puerto Rico will be required, subject to applicable law, to demonstrate that they have been fully vaccinated for COVID-19 or qualify for a medical or religious exemption to this vaccination requirement that can be accommodated without an undue burden to the operation. However, subject to applicable law, employees working in roles that the Company determines require routine collaboration with external stakeholders, such as employees in health services, customer facing commercial, or research based roles, will be required to be fully vaccinated as a condition of employment.

Current Employees apply HERE

Current Contingent Workers apply HERE

US and Puerto Rico Residents Only:

Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here if you need an accommodation during the application or hiring process.

For more information about personal rights under Equal Employment Opportunity, visit:

EEOC Poster

EEOC GINA Supplement​

OFCCP EEO Supplement

Pay Transparency Nondiscrimination

We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively. We are an equal opportunity employer, committed to fostering an inclusive and diverse workplace.

Residents of Colorado:

Click here to request this role’s pay range.

Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

Employee Status:

Regular

Relocation:

No relocation

VISA Sponsorship:

No

Travel Requirements:

No Travel Required

Flexible Work Arrangements:

Hybrid

Shift:

1st - Day

Valid Driving License:

No

Hazardous Material(s):

Number of Openings:

1