Compensation analyst global
date: jan 8, 2025
requisition id: 33225
at terumo blood and cell technologies, our 7,000+ global associates are proud to come to work each day, knowing that what we do impacts the lives of patients around the world.
we make medical devices and related products that are used to collect, separate, manufacture and process various components of blood and cells. With our innovative technologies and service offerings, we touch a patient’s life every second of every day and are committed to continuing to increase the number of patients we serve.
with some of the best and brightest minds in the industry, an unmatched global footprint, comprehensive benefits and a distinct culture, terumo blood and cell technologies is a great place to work, grow and be part of a team that is focused on making a difference. Consider joining our team and unlock your potential.
job title: compensation analyst (global)
job summary
the global compensation analyst provides operational support in the administration of global compensation programs for terumo blood and cell technologies to attract, motivate, develop, reward, and retain key talent. This role encourages a constructive dialogue amongst global human resources and other business functions in the alignment of global compensation programs with business objectives, as well as to support the implementation, administration and management of concentrated tools and processes.
this role is responsible for supporting the design, development, analysis, and administration of global compensation programs, policies, and procedures; working closely with human resources staff on determining classifications and pay levels for positions; ensuring compliance with regulatory laws and rules; participating in key compensation cycles, studies, and projects; creating reports and maintaining data to monitor global compensation activity; and participating in various global salary surveys and other data exchanges to support compensation analyses.
essential duties and responsibilities:
* support the development, implementation, and maintenance of global compensation structures for all countries.
* provide support and administration of global compensation programs, including annual compensation program review; annual salary review process; benchmarking of roles; maintaining and updating position descriptions.
* create and modify salary structures and guidelines.
* prepare total compensation recommendations.
* conduct research, analysis and recommendations for new and revised plans and programs that are cost-effective and consistent with compensation trends and align with objectives.
* perform job evaluations, market job pricing, internal equity analyses, impact analysis, and plan effectiveness analyses.
* conduct analyses related to cost and trends and provide analytical data management support for measurement and tracking of key compensation metrics.
* support the annual salary budget process, providing country and associate group merit increases and promotion.
* support the design and administration of short and long-term incentive plans.
* document processes and ensure standardization and automation where possible.
* provide support to simplify and ensure operational excellence in the execution of global total rewards programs.
* provide support with job offers, finance accruals, internal equity reviews, severances/separations, and reorganizations.
* provide consultative assistance to hr partners and management on global total rewards issues and concerns.
minimum qualification requirements
education
bachelor’s degree or equivalent education and experience sufficient to successfully perform the essential functions of the job may be considered. Preferred certification designation: certified compensation professional (ccp) and/or certified global remuneration professional (grp) and/or professional human resources (phr) certification designation.
experience
minimum 3 years’ experience.
skills
* experience in broad-based global compensation programs.
* experience in building and leveraging cross-functional relationships with human resources, finance, and legal.
* skilled knowledge of global compensation plans, laws, and regulations.
* skilled and working knowledge with hr/payroll and microsoft office software applications, preferably with the successfactors suite.
* strong analytical ability and customer service presence.
* strong organizational skills and demonstrated ability to manage multiple complex projects simultaneously.
* strong process improvement and project management capability.
* strong verbal and written communication skills; demonstrated presentation/facilitation skills.
* demonstrated ability to manage large quantities of data.
* demonstrated ability to adapt to change while consistently meeting strict deadlines.
* demonstrated ability to use good judgement and discretion with highly confidential and sensitive information.
* demonstrated ability to work productively both independently and as an integral member of various teams.
-or-
an equivalent competency level acquired through a variation of these qualifications may be considered.
physical requirements
typical office environment requirements include reading, speaking, hearing, close vision, walking, bending, sitting, and occasional lifting to 20 pounds. Ability to travel up to 10%.
the physical demands described here are representative of those that must be met by an associate to successfully perform the essential duties of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties.
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