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Hikma Pharmaceuticals · 1 day ago

Associate Director, Total Rewards

Berkeley Heights, NJ

Full-time

Onsite

Lead/Staff, Director/Executive

$121K/yr - $221K/yr

5+ years exp

Hikma Pharmaceuticals is a developer, manufacturer, and supplier of essential medicines, dedicated to bringing better health to patients worldwide. They are seeking an Associate Director of Total Rewards to plan, design, implement, and administer a comprehensive total rewards strategy, ensuring competitiveness and alignment with business strategy.

Health CareMedicalPharmaceutical

Responsibilities

Strategically assess the effectiveness of current programs in achieving organizational objectives; while identifying best practices and benchmarks; and developing recommendations for modifications to align to HC strategy & business goals

Plan, design, implement and administer comprehensive rewards strategy and programs for sites in scope with business leaders and HC network

Plan and direct the implementation and administration of annual reward cycle with all sites in scope

Ensure people cost/investment is spent in best allocation possible through high-level guidelines and direction

Evaluate the compensation landscape to understand and learn from best practices through benchmarking and industry research and employment trends, track legislation and make recommendations

Develop and integrate new and/or existing rewards programs, policies and procedures to ensure that programs are market competitive, internally equitable, and cost effective

Develop internal operating procedures and controls for the administering and managing reward

Ensure accurate and consistent job evaluation process takes place across countries in scope

Partner with HC and leadership on appropriate total reward packages/strategies to recruit and retain talent, specifically in specialized/niche jobs

Support the development of annual budgets and forecasting models by providing market insights and data-driven recommendations

Stay up-to-date with labor law & regulatory changes that might affect reward, directly or indirectly, in countries in scope

Determine and implement metrics that assess and monitor the effectiveness of ongoing total rewards programs and new initiatives

Communicate actively with Accounting/Finance, HC and other departments to review cost impacts, allocations, and management reporting

Provide management with ad-hoc reports as required, including scenario building and analysis

Act as a project manager for total rewards for acquisitions; includes integration of newly acquired businesses and employees into current pay policies, practices, and benefits

Develop and coordinate communications strategies & activities designed to educate employees about total rewards

Manage relationships and collaborate with vendors and external partners specialized in reward/data services

Prepare annual budget for department and manage related expenditures

Complete reward related ad-hoc projects, as needed

Qualification

Compensation managementReporting & analyticsStakeholder managementAnalytical abilityLeadership skillsCommunication skillsNegotiation skillsFacilitation skills

Required

5+ years in compensation management (including working within a global company)

Advanced capability in managing & influencing stakeholders

Experience of implementing new initiatives, leading processes and people change, in a complex pan-functional organization, balancing strategic and tactical approaches

Excellent leadership skills, including the ability to motivate, influence and persuade across all levels of the organization

Expert in reporting & analytics

Strong analytical ability including the skill to dig deep into detail while retaining a broad view perspective

Excellent communication, negotiation and facilitation skills

Benefits

Annual performance bonus, commission, and share potential

Auto enrollment in a Hikma-sponsored 401(k) program at a pre-tax contribution rate of 3% of eligible pay. Hikma will match 100% of the first 6% of eligible pay that you contribute

A generous paid time off (PTO) bank starting with 20 days (prorated based on hire date). Additional days granted upon reaching work milestone anniversaries.

3 personal days (prorated based on hire date)

11 company paid holidays

Comprehensive benefits including health, dental, vision, mental health, disability, life insurance, prescription drug coverage, and a variety of voluntary benefits

Employee discount program

Wellbeing rewards programs

Safety and Quality is a top organizational priority

Career advancement and growth opportunities

Tuition reimbursement

Paid maternity and parental leave

Eligibility requirements apply to some benefits and depend on the job classification, role, and length of employment. Benefits are subject to change as well as specific plan or program terms.