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Sr Global Compensation Analyst

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Date: Sep 10, 2021

Location: Lakewood, CO, US

Company: Terumo BCT, Inc.

Requisition ID:  27773  

 

At Terumo Blood and Cell Technologies, our 7,000+ global associates proud to come to work each day, knowing that what we do impacts the lives of patients around the world.

 

We make medical devices and related products that are used to collect, separate, manufacture and process various components of blood and cells. With our innovative technologies and service offerings, we touch a patient’s life every second of every day and are committed to continuing to increase the number of patients we serve.

 

With some of the best and brightest minds in the industry, an unmatched global footprint, comprehensive benefits and a distinct culture, Terumo Blood and Cell Technologies is a great place to work, grow and be part of a team that is focused on making a difference. Consider joining our team and unlock your potential. 

 

The Senior Global Compensation Analyst provides senior level global operational support in the enhancement of the Global Compensation programs for Terumo Blood and Cell Technologies in the areas of value creation, cost management, compliance risk mitigation and to attract, motivate, develop, reward, and retain of key talent.

 

This role encourages a constructive dialogue amongst Global Human Resources and other business functions in the alignment of global compensation programs with business objectives, as well as to champion the implementation, administration and management of more concentrated tools and processes for sustaining and measuring value.

 

This role is responsible for the design, development, analysis, administration of global compensation programs, policies, and procedures; works closely with Human Resources staff and department leaders on determining classifications and pay levels for positions; ensures country/state/local, collective bargaining and work council regulatory laws and rule compliance, internal equity and external competitiveness; supports key compensation cycles, studies, and projects; creates reports and maintains data to monitor global compensation activity; and participates in various global salary surveys and other data exchanges to support compensation analyses. In addition, the role uses a skilled knowledge of compensation theory and practice and will provide subject-matter expertise and analytical support in broader areas of Total Rewards.

 

This position has a remote work option.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES:

These duties are not meant to be all-inclusive and other duties may be assigned.

 

Global Compensation:

  • Support the development, implementation, and maintenance of global compensation structures for all countries.
  • Provides support and administration of global compensation programs, including annual compensation program review; annual salary review process; benchmarking of roles; maintaining and updating position descriptions.
  • Create and modify salary structures and guidelines.
  • Prepare total compensation recommendations for senior management/leadership and executive levels.
  • Conduct research, analysis and recommendations for new and revised plans and programs that are cost effective and consistent with compensation trends and align with objectives.
  • Perform job evaluations, market job pricing, internal equity analyses, impact analysis, and plan effectiveness analyses.  Conducts, participates in, and analyzes compensation surveys to ensure compensation objectives are achieved.
  • Conducts analyses related to cost and trends and providing analytical data management support for measurement and tracking of key compensation metrics.  Develop techniques for compiling, preparing, and presenting data to senior management.
  • Conduct the annual salary budget process, providing country and associate group merit increases and promotion.
  • Support the design and administration of short and long-term incentive plans.
  • Document processes and ensure standardization and automation where possible.
  • Provide back-up support for Global Mobility.

 

Total Rewards:

  • Provide support to streamline, simplify and ensure operational excellence in the execution of global Total Rewards programs.
  • Provide support with job offers, finance accruals, internal equity reviews, severances/separations, and reorganizations.
  • Provide consultative assistance to HR partners and management on global total rewards and mobility issues and concerns; as well as help support the Global Rewards Team on key projects and initiatives.

 

MINIMUM QUALIFICATIONS:

  • Bachelor’s degree in Business Administration, Human Resources, or related field.
  • Three (5) or more years of broad-based global compensation experience and/or related area.
  • Strong project management skills working with multiple priorities and the ability to manage large quantities of data.
  • Advanced proficiency with Excel, Word, and PowerPoint.  Working knowledge of HRMS compensation module(s), salary planning and query/report writing tools.
  • Strong understanding of compensation programs and principles.
  • Knowledge of legal compliance related to compensation practices, such as wage and hour, FLSA, EEO, 409A, etc.
  • Ability to maintain confidentiality of information.
  • Experience in building and leveraging cross functional relationships with Human Resources, Finance and Legal.
  • Excellent interpersonal and organizational skills; attention to detail.
  • Strong written and verbal communication skills.
  • Strong proficiency in Microsoft Suite (Word, Excel, and PowerPoint).
  • Strong analytical ability.
  • Ability to work productively both independently and as an integral member of various teams.
  • Ability to meet strict deadlines and manage multiple complex tasks and projects.
  • Strong customer service focus.
  • Ability and willingness to attend calls to accommodate different international time zones.
  • Ability to travel up to 25%.

 

PREFERRED QUALIFICATIONS:

Certified Compensation Professional (CCP) and/or Certified Global Remuneration Professional (GRP) and/or Professional Human Resources (PHR) Certification designation.

 

 

Target Pay Range:  $81,300.00 to $101,600.00  -  Salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with market data
Target Bonus on Base:  7.0%

 

At Terumo Blood and Cell Technologies, we provide competitive total reward offerings that consist of compensation, benefits, recognition, along with a wealth of other well-being, work-life and recognition programs which support in unlocking the potential for you and your family. Included in our expansive list of benefits offerings are multiple group medical, dental and vision plans, a robust wellness program, life insurance and disability coverages, also a variety of voluntary programs such as group accident, hospital indemnity, critical illness, pet insurance and much more. To help you save for retirement, we offer a 401(k) plan with a matching contribution and for work-life balance we have vacation and sick time programs for associates. For us, it’s about protecting the personal welfare of our associates and their families, helping to achieve personal goals and offering those extra touches for convenience, security and overall peace of mind.

 

  • Terumo Blood and Cell Technologies is part of Terumo Group, founded in 1921 and headquartered in Tokyo, Japan.
  • In 2019, Terumo Blood and Cell Technologies reached $1 billion in revenue.
  • We employ nearly 7,000 associates globally, with global headquarters in Lakewood, CO, U.S., and regional headquarters in Brussels, Buenos Aires, Singapore and Tokyo.
  • We manufacture devices, disposable sets and solutions at our facilities in Belgium, India, Japan, Northern Ireland, the U.S. and Vietnam. Our global presence enables us to serve customers in more than 130 countries.
  • Our core values help set our direction, guide our actions and keep us true to our corporate mission of contributing to society through healthcare.
    • Respect – Appreciative of others
    • Integrity – Guided by our mission
    • Care – Empathetic to patients
    • Quality – Committed to excellence
    • Creativity – Striving for innovation
  • We contribute to the Leukemia and Lymphoma Society (LLS), raising $1.3 million USD since 2007.

 

We are proud to be an Equal Opportunity Affirmative Action Employer.  All applicants will be afforded equal opportunity without discrimination because of race, color, religion, sex, gender identity or expression, sexual orientation, marital status, order of protection status, national origin or ancestry, citizenship status, age, physical or mental disability unrelated to ability, military status or an unfavorable discharge from military service.

 

Terumo Blood and Cell Technologies is committed to providing a safe, healthy and secure working environment. Our Colorado campus locations are tobacco-free workplaces and we maintain a drug-free workplace and perform pre-employment substance abuse testing and detailed background verification. 


Nearest Major Market: Denver

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