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Novo Nordisk · 1 day ago

Senior Manager - North America Rewards

Plainsboro, NJ

Full-time

Hybrid

Senior Level

$117K/yr - $216K/yr

7+ years exp

Novo Nordisk is committed to helping people defeat diabetes and other serious chronic conditions. The Senior Manager - North America Rewards will design and implement compensation programs that align with the organization’s objectives, ensuring internal equity and external market competitiveness while providing guidance to HR partners on Total Rewards policies.

BiotechnologyHealth CareMedicalPharmaceutical

Growth Opportunities

Responsibilities

Applies competitive total rewards strategies and tools to attract, retain and reward employees based on analysis of compensation market trends and complete statistical studies

Manage and support the business to run the annual recurring processes across the region

Provides guidance to specific functional areas; analyzing market trends, completing statistical studies, and developing recommendations and action plans designed to attract, retain, and reward employees. May partner with outside consultants in developing custom surveys, when necessary

Assist with the annual market analysis of all jobs in order to facilitate the annual compensation Plan

Evaluate new and revised jobs using market data; assigns global job level and ensures consistency within global job architecture

Participate as an extended team member on expansions and department restructures

Provides advice and counsel to HRBPs and management on compensation related issues including development of job descriptions and job families; provide counsel and direction relative to promotion increases, internal transfers and new hire offers

Participate in or lead global Total Rewards & Mobility CoE projects and other initiatives

Ensure adherence to company policy with regards to fair & equitable pay positioning, fairness, transparency and consistency

Actively participate in leading industry groups or advisory committees to stay current on rewards related items in the pharmaceutical industry as well as obtain or maintain certifications & credentials. Utilize knowledge to forecast and prepare for future needs of assigned functional areas

Qualification

Compensation experienceTotal Rewards strategyCertified Compensation ProfessionalAnalytical skillsMicrosoft Office proficiencyCross-functional team facilitationCompensation theory knowledgeLeadership skillsWritten communicationVerbal communicationNegotiation skillsTeam collaboration

Required

High School Diploma or GED required with 11+ years of relevant experience; Bachelors degree from an accredited university or equivalent education with 7+ years of relevant experience highly preferred; Advanced degree and/or CCP/GRP may be substituted for two years of relevant experience when appropriate

A minimum of 6 years of progressively responsible experience within Human Resources, preferably within Total Rewards functions

A minimum of 3 years of compensation experience required; North America pharmaceutical compensation experience preferred

Ability to work cross-collaboratively in a team environment

Advanced proficiency in Microsoft Word, Excel, Access, PowerPoint, and Outlook

Demonstrated leadership skills and cross-functional team facilitation experience

Excellent written and verbal communication skills

Demonstrates extensive knowledge and understanding of compensation theory, techniques, and practices

Strong analytical and negotiation skills

Preferred

Bachelors degree from an accredited university or equivalent education with 7+ years of relevant experience highly preferred; Advanced degree and/or CCP/GRP may be substituted for two years of relevant experience when appropriate

Certified Compensation Professional (CCP) or Global Remuneration Professional (GRP) certification preferred

North America pharmaceutical compensation experience preferred

Compensation system experience preferred (i.e., Success Factors, Market Pay, SAP HR)