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Bioventus · 1 day ago

Sr Compensation Analyst

Durham, NC

Full-time

Hybrid

Senior Level

5+ years exp

Bioventus is a company focused on advancing scientific innovation and improving patient outcomes. They are seeking a highly analytical and strategic Senior Compensation Analyst to lead compensation initiatives, ensuring programs attract top scientific talent and align with industry benchmarks.

Health CareHealth DiagnosticsMedical Device

Growth Opportunities

Responsibilities

Conduct complex compensation analyses using internal and external benchmarking data

Develop salary structures, pay ranges and incentive models across job families and geographies

Manage the annual salary survey input and analysis; recommend corrective or alternative actions to resolve compensation-related problems as needed

Audit jobs for content, determine appropriate FLSA classification and assign internal salary grades

Partner with HR Business Partners and Talent Acquisition to advise on competitive pay practices

Lead annual compensation cycle (merit, bonus, equity), including budgeting, modeling, and communications

Prepare special studies and recommendations on subjects such as incentive compensation, bonus plans and sales compensation

Working with the Senior Manager Executive Compensation and Equity Programs, support existing and future recommendations for changes and/or enhancements to these programs

Ensure compliance with legal and regulatory requirements (FLSA, pay equity, etc.)

Act as a compensation subject matter expert (SME) for internal stakeholders, including HR Business Partners, Talent Acquisition, Legal and Finance

Own end-to-end management of compensation-related programs (e.g., job architecture, career ladders, pay transparency, equity refresh cycles)

Develop and maintain project plans, timelines and stakeholder communications

Drive cross-functional initiatives with Finance, Legal and HRIS to enhance compensation systems and processes

Monitor program effectiveness and recommend improvements based on data insights and stakeholder feedback

Lead change management and communication efforts for new compensation policies across scientific and corporate teams

Maintain compensation policies, documentation and governance frameworks

Prepare executive-level dashboards and reports for senior leadership and board presentations

Support internal and external audits related to compensation practices (e.g., including SEC and proxy disclosures)

Stay ahead of market trends, legislative changes and emerging best practices, communicating findings, as needed, to the senior HR Management team

Monitor market trends in biotech compensation, including equity practices, retention strategies, and emerging pay transparency laws

Hold oneself and others accountable to conduct business in a manner compliant with Bioventus’ Code of Compliance and Ethics, policies and procedures and internal control applicable to their role