Associate Director Compensation, North America
Summary / purpose of the position
To provide functional and subject matter expertise in support of the design and delivery of the company's Total Rewards strategy with a strong focus on broad-based compensation, incentive compensation and recognition. To execute on implementation and communication of Ipsen's full suite of rewards offerings in alignment with Ipsen’s rewards philosophy. Be the subject matter expert on all compensation, recognition and reward programs for Ipsen NA.
Main responsibilities / job expectations
Responsibilities will include, but are not limited to the following:
- Total Reward Program design, implementation and communication as well as respective vendor management to ensure excellent employee experience
- Manages annual recurrent Compensation and Benefit Projects locally in North America such as annual salary review cycle, Short-Term Bonus payouts, Benefit Annual enrollment projects, LTI nomination and Grant process, LTI sell to cover project, compliance communication
- Manage the design, administration, delivery and support of employee benefits programs and related procedures to ensure successful adoption and compliance with all applicable laws
- Provide Total Rewards guidance, new hire proposals, promotional reviews and overall consultation on Ipsen's Total Rewards programs to HRBP teams and TA
- Owns Total Reward communication to all internal and external customers
- Develops impactful benefits-related HR Analytics, including ongoing reporting of dashboards and ad-hoc reports. SME to Finance for cost assessments and forecasting of Total Rewards program costs
- Owns competitive analysis, responsible for external market data analysis including data submission to external survey providers on Total Rewards policies and practices as well as compensation, audit of survey data, final reporting and communication of total reward competitive analysis
- Ensure alignment with global C&B team. Ensure programs and processes are documented and compliant with HR team strategies, policies and governmental regulations. Ensure benefits-related documentation, supporting materials and communications are thoroughly reviewed for accuracy, updated in a timely manner and compliant with respective plan or governmental regulations
- Proactively collaborate with HR CoE Teams and Business Partners in program delivery and other projects as assigned. Maintain clear understanding of the integration with other HR and Finance workstreams (e.g. payroll, accounting, etc.) and the downward impact of benefits-related decisions and process changes
- Continually evaluate existing benefits programs and processes; make recommendations for enhancements or improvements in support of strategic initiatives or as triggered by changes to available environments, regulation, technology or business needs
Knowledge, abilities & experience
Education / Certifications:
- Bachelor's degree in business or other related discipline required, MBA preferred
- CCP or similar certification in Compensation and/or Benefits is desirable
Experience:
- Requires a minimum of 8 years of progressive Compensation and Benefits experience and comprehensive understanding of Total Rewards practices, programs and plans.
- Knowledge of federal and state laws and regulations relating to compensation.
- Demonstrated excellent working knowledge of key Total Rewards areas, concepts and policies
- Vendor Management and Program implementation experience
Languages:
- English
Key Technical Competencies Required
- Excellent communication skills to effectively interface with HR and business clients managing sensitive situations.
- Ability to effectively compose business correspondence, policies and procedures, detailed and executive reports, presentations, and analyses.
- Technical knowledge of Total Rewards principles, tools and techniques; understanding of people management and human resource functions and systems.
- Understanding and application of legal regulations and requirements.
- Strong analytical skills along with demonstrated competence in one or more HR information systems, preferably ADP, Workday and PayFactors.
- Mastery of Excel and intermediate to advanced skills in other Microsoft Suite applications preferred as well as the ability to quickly learn new IS systems.
- Ability to define problems, research and collect data, establish and evaluate facts, and draw valid conclusions. Ability to make administrative and procedural judgments on sensitive, confidential issues.
- Ability to plan, coordinate, and administer complex administrative systems and processes.
- Ability to thrive in a fast pace, rapidly changing environment and manage through ambiguity.
The annual base salary range for this position is $150,000 - $210,000.
This job is eligible to participate in our short-term incentives program as well as our long-term incentives program.
At Ipsen we are proud to offer a comprehensive employee benefits package, including 401(k) with company contributions, group medical, dental and vision coverage, life and disability insurance, short- and long-term disability insurance, as well as flexible spending accounts. Ipsen also provides parental leave, paid time off, a discretionary winter shutdown, well-being allowance, commuter benefits, and much more.
The pay range displayed above is the range of base pay compensation within which Ipsen expects to pay for this role at the time of this posting. Individual compensation within this range depends on a variety of factors, including, but not limited to, prior education and experience, job-related knowledge and demonstrated skills.