Variable Compensation Program Lead

Siemens Healthineers
$117,770 - $161,931

About The Position

Join us in pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. Our inspiring and caring environment forms a global community that celebrates diversity and individuality. We encourage you to step beyond your comfort zone, offering resources and flexibility to foster your professional and personal growth, all while valuing your unique contributions. This is a role well suited to an ambitious professional, looking for the next step in their career. As a Compensation Analyst, you will be responsible for: Your role: You will manage and administer the variable pay process for regional and global business areas through consultation with global financial and divisional functions’ You will be the primary point of contact for all variable pay-related inquiries and issue resolution. You will develop and implement internal controls for audits of employee variable pay participation, modeling, and payment. You will analyze data, provide reporting, and participate in projects in the area of compensation. You will collaborate with the Americas and Global Compensation teams to implement and help design/communicate global compensation programs to align with business strategy in North America. You will partner with HR Operations to ensure accuracy and integrity of compensation data in HRIS and identify process improvement opportunities. You will actively support HR team members and cross-functional partners and look for opportunities to improve processes, policies, and service levels. You will support the implementation of a new IT architecture for the business (i.e. Workday)

Requirements

  • Relevant working experience in Compensation and a sound knowledge of compensation-related topics, especially in the United States
  • Proven track record supporting compensation concepts and programs
  • Strong analytical skills, attention to detail, and technical aptitude combined with the ability to work independently or collaboratively
  • Highly skilled in project management, Microsoft Office (Word, Excel, PowerPoint, Access), Workday, Power BI, and fluent in English
  • Bachelor’s degree or comparable training and knowledge

Nice To Haves

  • CCP and GRP certifications are preferred
  • Experience in working in an international environment, cross-functional and cross-cultural teams
  • Help implement new variable pay system and cloud-based data platform (i.e., Snowflake), and support Workday Compensation delivery topics

Responsibilities

  • Manage and administer the variable pay process for regional and global business areas through consultation with global financial and divisional functions
  • Serve as the primary point of contact for all variable pay-related inquiries and issue resolution
  • Develop and implement internal controls for audits of employee variable pay participation, modeling, and payment
  • Analyze data, provide reporting, and participate in projects in the area of compensation
  • Collaborate with the Americas and Global Compensation teams to implement and help design/communicate global compensation programs to align with business strategy in North America
  • Partner with HR Operations to ensure accuracy and integrity of compensation data in HRIS and identify process improvement opportunities
  • Actively support HR team members and cross-functional partners and look for opportunities to improve processes, policies, and service levels
  • Support the implementation of a new IT architecture for the business (i.e. Workday)

Benefits

  • medical insurance
  • dental insurance
  • vision insurance
  • 401(k) retirement plan
  • life insurance
  • long-term and short-term disability insurance
  • paid parking/public transportation
  • paid time off
  • paid sick and safe time
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