We are constantly looking to add to our core talent. If you are seeking a career that is challenging and rewarding, a work environment that is diverse and dynamic, look no further — Haemonetics is your employer of choice.
A key member of the compensation team providing analytical support on global compensation matters. Works with HR Business partners to market price and evaluate roles to advise on appropriate compensation and job levels. Plays a primary role supporting key compensation activities including annual compensation planning process, development of salary structures, salary survey submissions and support of Workday compensation requirements. Opportunity to gain exposure to administration of equity incentive program. This role is located at 125 Summer Street next to South Station and is Hybrid 3 days per week.
Essential Duties
Support the annual compensation planning process (merit salary increases, bonuses, and long-term incentive awards)
Act as consultant to HR business partners by providing advice and counsel on compensation programs and practices in support of the objectives and operation of the business
Assist in the administration of the company’s equity incentive program and employee stock purchase plan
Act as liaison for Workday Compensation system including defining system requirements and assisting with maintaining items such as job profiles
Analyzes new and existing positions and assigns to existing salary grade structures by interpreting salary survey data or making internal comparisons to benchmark positions
Recommends appropriate job titles, job codes, FLSA status, manager level, incentive opportunity, etc. for new job codes and inputs into HR system
Gain exposure to executive compensation management, assisting in benchmarking of executive pay and preparation of the Compensation Discussion & Analysis section of the annual proxy statement
Contributes to important compensation projects such as annual benchmarking, executive pay studies, major job grading studies, job re-organizations and supports other projects required by HR leadership or company management
Assist in the development and dissemination of effective communication materials that enhance understanding and value of compensation programs
Makes compensation presentations or present training materials to client groups
Position may include other duties as determined by the company
Qualifications
Bachelor's Degree in Business, Finance, Economics or other quantitative field
5 years of Compensation experience
Demonstrated analytical skills with high attention to detail
Advanced knowledge of excel is critical and proficiency with PowerPoint is preferred
Experience with Workday and Payscale or similar market pricing tools strongly preferred
Equity administration experience a plus
Strong verbal communication and listening skills
Pay Transparency:
The base pay actually offered to the successful candidate will take into account, without limitation, the candidate’s location, education, job-knowledge, skills, and experience in prior relevant roles. Incentives may also be provided as part of Haemonetics’ employee compensation. For sales roles, employees will be eligible for sales incentive (i.e., commission) under the applicable plan terms. For non-sales roles, employees will be eligible for a discretionary annual bonus, the target amount of which varies based on the applicable role, to be governed by the applicable plan terms. Employees may also be eligible to participate in the Company’s long-term incentive plan, with eligibility and target amount dependent on the role.
In addition to compensation, the Company offers a competitive suite of benefits to its employees, including without limitation, a 401(k) with up to a 6% employer match and no vesting period, an employee stock purchase plan, “flexible time off” for salaried employees and, for hourly employees, accrual of three to five weeks’ vacation annually (based on tenure), accrual of up to 64 hours (annually) of paid sick time, paid and/or floating holidays, parental leave, short- and long-term disability insurance, tuition reimbursement, and/or health and welfare benefits.
Depending on your location, you may be eligible for more detailed information related to the compensation and benefits related to this job posting. If you believe you may be entitled to such information by law, you may contact 1-781-348-7777, Monday through Friday, 7:30 a.m. – 5 p.m. ET or email AskHR@Haemonetics.com.
The base salary range for this role is:
$87,892.99-$118,774.78/Annual