Compensation Analyst (Hybrid -Boston only))

Haemonetics • Boston, MA

8d • $66,464 - $89,811 • Hybrid

About The Position

We are constantly looking to add to our core talent. If you are seeking a career that is challenging and rewarding, a work environment that is diverse and dynamic, look no further — Haemonetics is your employer of choice. Job Details A key member of the compensation and HR service delivery team providing analytical support on global compensation matters and the Workday setup of both the Compensation and Advanced Compensation modules. Plays a primary role supporting key compensation activities including annual compensation planning process, benchmarking, development/maintenance of salary structures, salary survey submissions, and support of Workday compensation requirements. Opportunity to gain exposure to administration of equity incentive program. This role is located at 125 Summer Street next to South Station and is Hybrid 3 days per week.

Requirements

• Bachelor's Degree in Business, Finance, Economics or other quantitative field preferred
• 3-5 years of HR/compensation experience preferred

Responsibilities

• Support the annual compensation planning process (merit salary increases, bonuses, and long-term incentive awards), including coordinating of Workday data management updates, configuration changes, testing, documentation, and reporting in partnership with HR Operations
• Act as liaison for Workday Compensation and Advanced Compensation modules including researching Workday capabilities, defining system requirements, testing configuration changes, and assisting with maintenance
• Review and respond to compensation tickets/requests/calls submitted through AskHR
• Generate knowledge article content to support compensation processes on AskHR
• Participate in Workday release testing and audit processes for Compensation and Advanced Compensation modules
• Benchmark company jobs annually or as needed within Payfactors tool
• Responsible for integrating and maintaining technologies that support compensation programs (Workday, Payfactors, Shareworks, Fidelity PSW), including coordinating feed requirement changes, error logs, etc.
• Responsible for maintaining/creating company job profiles in alignment with internal structure, ensuring appropriate title, job level, job code, FLSA Status, job description, and EEO Code
• Contributes to important compensation projects such as job architecture, annual survey submissions, benchmarking, and supports other projects required by HR leadership or company management
• Assist in the development and dissemination of effective communication materials that enhance understanding and value of compensation programs
• Gain exposure to administration of the company’s equity incentive program and employee stock purchase plan, including documentation of company SOX controls
• Gain exposure to consultation with HR business partners on compensation matters
• Makes compensation presentations or present materials to client groups
• Assist with routine compensation administration activities including PO management and processing vendor invoices
• Position may include other duties as determined by the company

Benefits

• Incentives may also be provided as part of Haemonetics’ employee compensation.
• For sales roles, employees will be eligible for sales incentive (i.e., commission) under the applicable plan terms.
• For non-sales roles, employees will be eligible for a discretionary annual bonus, the target amount of which varies based on the applicable role, to be governed by the applicable plan terms.
• Employees may also be eligible to participate in the Company’s long-term incentive plan, with eligibility and target amount dependent on the role.
• In addition to compensation, the Company offers a competitive suite of benefits to its employees, including without limitation, a 401(k) with up to a 6% employer match and no vesting period, an employee stock purchase plan, “flexible time off” for salaried employees and, for hourly employees, accrual of three to five weeks’ vacation annually (based on tenure), accrual of up to 64 hours (annually) of paid sick time, paid and/or floating holidays, parental leave, short- and long-term disability insurance, tuition reimbursement, and/or health and welfare benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees