Analyst, Compensation
Job Description
Who We Are:At Neurocrine Biosciences, we pride ourselves on having a strong, inclusive, and positive culture based on our shared purpose and values. We know what it takes to be great, and we are as passionate about our people as we are about our purpose - to relieve suffering for people with great needs, but few options.
What We Do:Neurocrine Biosciences is a neuroscience-focused, biopharmaceutical company with a simple purpose: to relieve suffering for people with great needs, but few options. We are dedicated to discovering and developing life-changing treatments for patients with under-addressed neurological, endocrine and psychiatric disorders. The company's diverse portfolio includes FDA-approved treatments for tardive dyskinesia, Parkinson's disease, endometriosis* and uterine fibroids*, as well as clinical programs in multiple therapeutic areas. For three decades, we have applied our unique insight into neuroscience and the interconnections between brain and body systems to treat complex conditions. We relentlessly pursue medicines to ease the burden of debilitating diseases and disorders, because you deserve brave science. *in collaboration with AbbVie
About the Role:
Support overall Total Pay programs including to develop, update, implement and administer company compensation and related programs. Supports the annual Total Pay (base, bonus and equity) and midyear salary review processes, continued education on job architecture and job leveling, HR team with compensation related issues/questions, training and employee communications initiatives and serves as compensation system administration for Workday and Payfactors (market pricing and job description management tool). Support other HR reporting and analytic requirements._
Your Contributions (include, but are not limited to):Supports Total Pay Process in Workday by maintaining project work plan, reviewing proposed salary changes (merit, promotions, adjustments) for adherence to established guidelines, policies and practices, preparing executive summaries and supporting leader/employee training and communications
Uses 3rd party software (PayFactors/others), to participate in compensation surveys to collect and analyze competitive salary information with modeling tools/techniques to assist with determining company's competitive position
Evaluates reporting capabilities in PayFactors and work with HR Business Partners and HRIS to recommend best practices for reporting and analytics for appropriate audiences
Prepares recommendations for updating/changing the company salary structure, bonus targets and/or equity targets
Audits jobs for content and prepares/edits job descriptions reflecting job responsibilities, activities, duties and requirements, determines state and/or FLSA exemption status
Reviews requests for new or revised jobs to market prices to determine appropriate job level and salary grade assignment
Reviews existing and proposed statutory requirements governing compensation administration and recommends appropriate courses of action
Supports HR Business Partners and leaders with day-to-day compensation-related issues and works with leadership to recommend corrective or alternative actions as needed
Administers non-cash recognition program, including troubleshooting, developing reporting, invoice processing, updating budgets, supporting program promotions/communications and executing program enhancement roadmap
Prepares/develops special surveys/studies and recommendations on various subjects such as incentive compensation, equity, job titles, etc.
May administer domestic and/or international programs
Other duties as assigned
Bachelor's degree in business, HR, finance, economics, or similar fieldand2+ years of Compensation experience at a public traded company. Experience in biotech/pharmaceutical industry preferred. Experience with Workday and Payfactors a plus OR
Master's degree or MBAandsome industry experience
Knowledge of short and long-term incentive plans, including Sales and/or broad-based incentives, Restricted Stock Units (RSUs) and Stock Options (SOs)
Demonstrated ability to draft job descriptions, level jobs using market pricing techniques, and completed job analysis
Knowledge of California Wage Order, FLSA and other state laws and regulations, and in determining classifications
Working knowledge of Workday or similar Human Capital Management tool, including advance compensation (merit processing), job offer approvals, job profiles, reporting
Working knowledge of PayFactors or similar Market Pricing / Job Description Management tool
Demonstrated survey participation knowledge particularly with Radford/Aon and Mercer SIRS surveys, and multiple salary increase type surveys
Strong Excel modeling skills, include forecasting, costing, predictive analytics, auditing, summary reports, etc.
Strong financial and math skills
Has experience in specific functional discipline while working to acquire higher-level knowledge and skills
Comfortable with tools and processes that support work conducted by functional area
Ability to work as part of a team
Good communications, problem-solving, analytical thinking skills
Detail oriented
Ability to meet deadlines
Good project management skills
Strong computer skills, including MS Suite (Excel, Work, PowerPoint) skills
#LI-LS1
Neurocrine Biosciences is an EEO/AA/Disability/Vets employer.
We are committed to building a diverse, equitable, and inclusive workplace, and we recognize there are a variety of ways to meet our requirements. We are looking for the best candidate for the job and encourage you to apply even if your experience or qualifications don't line up to exactly what we have outlined in the job description.
_
The annual base salary we reasonably expect to pay is $73,800.00-$106,875.00. Individual pay decisions depend on various factors, such as primary work location, complexity and responsibility of role, job duties/requirements, and relevant experience and skills. In addition, this position offers an annual bonus with a target of 20% of the earned base salary and eligibility to participate in our equity based long term incentive program. Benefits offered include a retirement savings plan (with company match), paid vacation, holiday and personal days, paid caregiver/parental and medical leave, and health benefits to include medical, prescription drug, dental and vision coverage in accordance with the terms and conditions of the applicable plans.
*Please mention you saw this ad on AcademicJobs.*
