What are the responsibilities and job description for the Compensation Manager position at Boehringer Ingelheim?
Compensation Data
This position offers a base salary typically between $115,000 and $181,000. The position may be eligible for a role specific variable or performance based bonus and or other compensation elements. For an overview of our benefits please click here.
Description
As an employee of Boehringer Ingelheim, you will actively contribute to the discovery, development and delivery of our products to our patients and customers. Our global presence provides opportunity for all employees to collaborate internationally, offering visibility and opportunity to directly contribute to the companies' success. We realize that our strength and competitive advantage lie with our people. We support our employees in a number of ways to foster a healthy working environment, meaningful work, mobility, networking and work-life balance. Our competitive compensation and benefit programs reflect Boehringer Ingelheim's high regard for our employees.
Acts as a supporting compensation resource across the Human Pharma business and / or for compensation projects in line with BI's CoE approach. The Compensation Manager is responsible for job analysis & evaluations, benchmarking exercises, job offers and general HR Compensation requests. Helps to manage compensation projects that aid in attraction and retention and which are consistent with BI's compensation philosophy, business needs, federal and state regulations and help to establish BI as an employer of choice.
Duties & Responsibilities
Requirements
Why Boehringer Ingelheim?
With us, you can develop your own path in a company with a culture that knows our differences are our strengths - and break new ground in the drive to make millions of lives better.
Here, your development is our priority. Supporting you to build a career as part of a workplace that is independent, authentic and bold, while tackling challenging work in a respectful and friendly environment where everyone is valued and welcomed.
Alongside, you have access to programs and groups that ensure your health and wellbeing are looked after - as we make major investments to drive global accessibility to healthcare. By being part of a team that is constantly innovating, you'll be helping to transform lives for generations.
Want to learn more? Visit https://www.boehringer-ingelheim.com
This position offers a base salary typically between $115,000 and $181,000. The position may be eligible for a role specific variable or performance based bonus and or other compensation elements. For an overview of our benefits please click here.
Description
As an employee of Boehringer Ingelheim, you will actively contribute to the discovery, development and delivery of our products to our patients and customers. Our global presence provides opportunity for all employees to collaborate internationally, offering visibility and opportunity to directly contribute to the companies' success. We realize that our strength and competitive advantage lie with our people. We support our employees in a number of ways to foster a healthy working environment, meaningful work, mobility, networking and work-life balance. Our competitive compensation and benefit programs reflect Boehringer Ingelheim's high regard for our employees.
Acts as a supporting compensation resource across the Human Pharma business and / or for compensation projects in line with BI's CoE approach. The Compensation Manager is responsible for job analysis & evaluations, benchmarking exercises, job offers and general HR Compensation requests. Helps to manage compensation projects that aid in attraction and retention and which are consistent with BI's compensation philosophy, business needs, federal and state regulations and help to establish BI as an employer of choice.
Duties & Responsibilities
- Responsible without oversight for all job analysis & evaluations for positions up to mid-management levels. Responsible with oversight for all job analysis & evaluations for positions above mid-management. Works with HR Business Partners and line management to ensure in depth understanding of the jobs, accountability matrix and reporting relationships. Support creation of career paths
- Manage compensation projects and topics as assigned in collaboration with external consultants, compensation managers, HR Business Partners from all Human Pharma OPUs in the U.S
- Support AD, Compensation with benchmarking exercises across the Human Pharma business to help ensure positions are matched appropriately, and the market data is reflected accurately for all positions. Review benchmarks on an annual basis to ensure they remain relevant, and work through solutions with the business when required.
- Support job offers for the Human Pharma business across multiple Talent Acquisition teams. Handle all offers up to mid-management without complex calculations (equity/sign-on), and partner on all offers mid-management and above
- Other compensation duties as assigned to include support of compensation cycle, support of the international mobility team, and creation of presentation and training materials
Requirements
- Requires a minimum of 6 years of experience in project management, or compensation, or Human Resources and comprehensive understanding of compensation practices, programs and plans.
- Individual must possess a strong business and / or financial background and strong analytical skills. Knowledge of federal and state laws and regulations relating to compensation
- Microsoft Excel (also Powerpoint, Word and Office), Ability to communicate (verbal / written)in a direct, concise manner, ability to interact with professionals at all levels, strong influencing ability
- Excellent project management skills.
- Must be legally authorized to work in the United States without restriction
- Must be willing to take a drug test and post-offer physical (if required)
- Must be 18 years of age or older
Why Boehringer Ingelheim?
With us, you can develop your own path in a company with a culture that knows our differences are our strengths - and break new ground in the drive to make millions of lives better.
Here, your development is our priority. Supporting you to build a career as part of a workplace that is independent, authentic and bold, while tackling challenging work in a respectful and friendly environment where everyone is valued and welcomed.
Alongside, you have access to programs and groups that ensure your health and wellbeing are looked after - as we make major investments to drive global accessibility to healthcare. By being part of a team that is constantly innovating, you'll be helping to transform lives for generations.
Want to learn more? Visit https://www.boehringer-ingelheim.com
Salary : $115,000 - $181,000