The U.S. Pharmacopeial Convention (USP) Senior Global Compensation Manager in Rockville, Maryland
Senior Global Compensation Manager
Summary of the Position
The Senior Global Compensation Manager is a dynamic and influential compensation professional with a creative mindset and strategic thinking abilities who will manage the organization’s global compensation program through external trends, benchmarking, and best practices. In addition, this position will lead the planning, design and administration of global compensation program components and processes, including: market analysis, annual salary planning, annual end-to-end salary review process, and variable pay program. This role will collaborate with HRBPs, Talent Acquisition, HRIS, global HR team members and other internal stakeholders.
This is a significant and challenging hands-on role responsible for developing and implementing organization-wide strategies and driving operational excellence to support the execution of our growth and people strategies. Success in this position requires strong analytical skills with the ability to step back and see the big picture. The right candidate will help us to ensure forward thinking systems and tools to support our constantly evolving organization.
Roles and Responsibilities
Partners with and acts as internal consultant to internal stakeholders, including leadership and HR Business Partners on a variety of compensation related matters including base pay, market pricing, and other compensation related policies, programs, and strategies.
Builds relationships and demonstrates ability to influence stakeholders of all levels on compensation matters.
Partner closely with the Talent Acquisition to ensure sound, compelling and attractive offers are extended to secure top talent in this challenging market.
Acts as subject matter expert on market data for HR partners globally.
When delivering market data to HR leaders and partners, consults with the recipient of the data to help them understand the data and how to apply it to their business need.
Leads and/or oversees the technical end of various compensation projects to review base pay, merit increases, pay adjustments and other compensation related topics. May include studies, surveys, presentations, impact analyses, modeling, costing, ad hoc data reporting, HRIS reviews and clean-up or other specialized data as needed.
Leads and/or oversees the survey management process including survey selection, participation, results review.
Responsible for project management of compensation programs, policies and processes.
Creates, organizes, maintains and recommends improvements to job architecture/job family structure (globally). With direction, evaluates jobs for internal equity, external competitiveness and communicates evaluation results to appropriate people leaders.
Conducts various annual pay reviews including producing metrics on percent in range, merit movement, position in range, payroll growth and other metrics and analyses as needed. Assists in the development of recommendations for new ranges and merit matrices as indicated by survey benchmarks.
Identify processes, programs or capabilities that could benefit from automation or re-engineering.
Keeps abreast of legislation, trends, advances and/or new technology and makes recommendations for changes and improvements.
Maintains a working knowledge of federal and state legislation that may affect compensation policies.
Participates in projects in support of strategic objectives and global reward initiatives, partnering with management and Global Human Resource Management Team to achieve results.
Bachelor’s degree in Human Resources or related field or equivalent combination of education and/ or experience.
A minimum of ten (10) years of progressively responsible compensation experience demonstrating extensive knowledge of compensation principles, techniques and practices.
Previous experience supporting global compensation programs
Knowledge of, and experience with, compensation principles and concepts, compensation analysis and consulting, including market pricing, compensation plan/structure design, job evaluation and grading, FLSA review.
Strong planning, project management, organizational and communication skills; able to multi-task
Attention to detail with high personal work standards
Excellent analytical capabilities, experience with large data sets and interfacing between HRIS applications, solid financial and compensation modeling skills and ability to communicate persuasively with business partners to resolve highly complex problems.
Demonstrated ability to evaluate, design and recommend market competitive programs aligned to organization strategy.
Advanced Excel skills with ability to quickly create and modify complex reports, spreadsheets and databases
USP offers an impressive benefits package , including:
Generous paid time off – 14 paid holidays, 10 sick days and 15 vacation days per year to start
An annual 401(k) contribution, beginning after 1 year of service, of 10% of pay (base and bonus) every pay period that vests immediately
Comprehensive individual and family healthcare plans with affordable premiums and low annual deductibles ($250/individual or $500/family)
The U.S. Pharmacopeial Convention (USP) is a scientific nonprofit organization that sets standards for the identity, strength, quality, and purity of medicines, food ingredients, and dietary supplements manufactured, distributed and consumed worldwide. USP’s drug standards are enforceable in the United States by the Food and Drug Administration, and these standards are used in more than 140 countries.
Being a part of USP means belonging to a diverse culture made up of more than 1,000 talented professionals working together at five international locations. We share our expertise in science, IT, human resources, quality assurance, communications, administrative management, and more...all to support an overall mission dedicated to making a difference by providing standards and programs that help improve the quality of medicines, dietary supplements, and foods worldwide.
USP is proud to be an equal employment opportunity employer (EEOE) and affirmative action employer. Employment selection and related decisions are made without regard to sex, race, age, disability, religion, national origin, color, veteran status, sexual orientation, gender identity or any other protected class. We are committed to working with and providing reasonable accommodation to individuals with disabilities.
USP does not accept unsolicited resumes from 3rd party recruitment agencies and is not responsible for fees from recruiters or other agencies except under specific written agreement with USP.
Rockville, Maryland, United States
Job Category Human Resources