Senior North America Rewards Manager

Novo Nordisk•Lexington, MA

About The Position

As a member of the Total Rewards Centre of Excellence (CoE) and PLP (People Leadership & Performance) Global COE, design and implement the organization’s compensation programs and activities so that they meet the organization’s objectives with regards to internal equity and external market competitiveness. These programs may include job levelling; job titles, job architecture, short-term & long-term retention plans; broad-based compensation including base pay and short term incentives. Liaise with functional or operational area managers to develop and implement local compensation strategies that are appropriate for their business needs, but consistent with the organization’s overall Total Rewards strategy. Analyze and evaluate external market data as well as internal data about the organization’s current employee population and future human resource needs to develop salary budgets and forecasts that are consistent with the organization’s Total Rewards strategy with a focus on pay equity. Provides guidance to HR partners on application of Total Rewards policy. As part of the global Rewards COE, assist in creation, implementation, and localization of rewards initiatives, including strategy, process, communications, and technology.

Requirements

High School Diploma or GED required with 11+ years of relevant experience; Bachelors degree from an accredited university or equivalent education with 7+ years of relevant experience highly preferred
A minimum of 6 years of progressively responsible experience within Human Resources, preferably within Total Rewards functions
A minimum of 3 years of compensation experience required; North America pharmaceutical compensation experience preferred
Ability to work cross-collaboratively in a team environment
Advanced proficiency in Microsoft Word, Excel, Access, PowerPoint, and Outlook
Demonstrated leadership skills and cross-functional team facilitation experience
Excellent written and verbal communication skills
Demonstrates extensive knowledge and understanding of compensation theory, techniques, and practices
Strong analytical and negotiation skills

Nice To Haves

Advanced degree and/or CCP/GRP may be substituted for two years of relevant experience when appropriate
Certified Compensation Professional (CCP) or Global Remuneration Professional (GRP) certification preferred
Compensation system experience preferred (i.e., Success Factors, Market Pay, SAP HR)

Responsibilities

Applies competitive total rewards strategies and tools to attract, retain and reward employees based on analysis of compensation market trends and complete statistical studies
Manage and support the business to run the annual recurring processes across the region
Provides guidance to specific functional areas; analyzing market trends, completing statistical studies, and developing recommendations and action plans designed to attract, retain, and reward employees.
May partner with outside consultants in developing custom surveys, when necessary
Assist with the annual market analysis of all jobs in order to facilitate the annual compensation Plan
Evaluate new and revised jobs using market data; assigns global job level and ensures consistency within global job architecture
Participate as an extended team member on expansions and department restructures
Provides advice and counsel to HRBPs and management on compensation related issues including development of job descriptions and job families; provide counsel and direction relative to promotion increases, internal transfers and new hire offers
Participate in or lead global Total Rewards & Mobility CoE projects and other initiatives
Ensure adherence to company policy with regards to fair & equitable pay positioning, fairness, transparency and consistency
Actively participate in leading industry groups or advisory committees to stay current on rewards related items in the pharmaceutical industry as well as obtain or maintain certifications & credentials.
Utilize knowledge to forecast and prepare for future needs of assigned functional areas.

Benefits

Novo Nordisk offers long-term incentive compensation and or company vehicles depending on the position's level or other company factors.
Employees are also eligible to participate in Company employee benefit programs including medical, dental and vision coverage; life insurance; disability insurance; 401(k) savings plan; flexible spending accounts; employee assistance program; tuition reimbursement program; and voluntary benefits such as group legal, critical illness, identity theft protection, pet insurance and auto/home insurance.
The Company also offers time off pursuant to its sick time policy, flex-able vacation policy, and parental leave policy.

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