HR Compensation Analytics Principal Analyst

Takeda Pharmaceutical Company • Lexington, MA

78d

About The Position

Are you looking for a patient-focused company that will inspire you and support your career? If so, be empowered to take charge of your future at Takeda. Join us as the HR Compensation Analytics Principal Analyst in the Boston area. Here, everyone matters, and you will be a vital contributor to our inspiring, bold mission. The HR Compensation Analytics Principal Analyst is responsible for compensation surveys, salary benchmarking, and structures for the US Region. The role also develops compensation analytics and digital tools and will support global pay equity analytics.

Requirements

• University degree preferred with at least 3 years of relevant experience
• Prior compensation survey and benchmarking experience required, with experience in MarketPay preferred
• Expert user of Excel is required; employs data mining techniques to extract valuable insights from large datasets
• Working knowledge of programming languages like VBA, R programming or Python is required
• Prior experience with data visualizations, analytics, and reporting and/or dashboards in Workday, Visio, PowerBI or similar systems and tools is required
• Executes complex compensation analyses independently, has strong abilities in problem definition and problem solving
• Analyzes and audits data meticulously to inform compensation decisions; maintains high attention to detail in all tasks
• Designs and delivers compelling analytics for use in presentations; ability to simplify complex datasets and concepts into understandable information

Responsibilities

• Compensation Benchmarking Lead for US Region
• Primary contact for US market intelligence
• Responsible for survey submission, data aggregation and analysis
• Provides annual survey benchmarking and salary structures for the US Regular, Premium, MD, Sales, Executive, and Intern structures
• Partners with Director Market Insights and US Comp Partners on annual US structure refresh, new salary structure/range builds, and larger projects/initiatives
• Provides in-depth analysis for use in presentations with respect to market data analysis, data trends, and ad hoc market data analysis/requests
• Participates in spot surveys, salary surveys, data audits, file uploads, as required
• Keeps current and advises HR on US market and industry trends
• Builds processes to streamline and transform MarketPay/current excel data loads and audits using digital tools
• Develops analytics/tools to assist comp team with executive offers and benchmarks and develop process flow automation using new digital applications/AI
• Develops/designs innovative compensation analytics in Visier to drive new insights
• In partnership with HR Technology and Compensation Operations, evaluates new and existing Workday compensation plans and rules
• Supports Takeda's Global Pay Equity program in partnership with the Pay Equity team by performing ETL (Extract, Transform, Load) and working with R-values
• Audits pay equity source information, including investigating linkages to Workday compensation plans and rules
• Prepares analytics for presentations of results to HR and business
• Leverages AI to organize existing and incoming external market data intelligence into a comprehensive library
• Responsible for year-over-year country salary budgets vs. competitive trends
• Evaluates annual survey job library updates for major changes to jobs/methodology

What This Job Offers

• Career Level: Mid Level
• Industry: Chemical Manufacturing
• Education Level: Bachelor's degree