Compensation and Benefits Manager

4 weeks ago

New York, New York, United States Henry Schein Full time

Job Summary:

We are seeking a highly skilled Compensation and Benefits Manager to join our team at Henry Schein. In this role, you will be responsible for collaborating with the Compensation, Benefits, and HRIS teams to execute single or multiple projects, with a strong emphasis on the compensation function.

Key Responsibilities:

  • Collaborate with the Compensation, Benefits, and HRIS teams to develop and implement compensation-related projects.
  • Participate in the development of projects, monitor ongoing progress, and work with the team to ensure timely and effective completion of projects.
  • Manage activities related to job evaluation, including ongoing and expansion into global sectors.
  • Work with the team to plan and organize project objectives, timelines, and strategic activities to ensure timely and effective project completion.
  • Conduct market pricing and analyses in support of salary decision-making.
  • Provide guidance on pay decisions, policy, and guideline interpretation, and job evaluation, including the design of creative solutions to specific compensation-related issues.
  • Manage projects in the compensation function, including compensation architecture development, salary review and administration, bonus administration, long-term equity administration, and salary grades and ranges.
  • Manage projects in Benefits and HRIS as needed to support department initiatives.
  • Participate in special projects and perform other duties as required.
  • Work closely with Leadership and Operations to provide input to compensation strategy opportunities and challenges.

Requirements:

  • Minimum of seven years' experience in Compensation, specific experience in incentive plan administration, survey preparation & analysis, job evaluation, salary structure, and incentive plan development, or the equivalent required.
  • Demonstrated ability to manage multiple projects and meet deadlines.
  • Strong analytical and communication skills, including high degree of competence in spreadsheet and database software, especially in Microsoft Office (Excel, Access, Word, and PowerPoint).
  • Incentive compensation plan design and administration, sales contest design and administration, goal/quota setting, product launch planning/support, and plan fairness and effectiveness evaluation.
  • Strong management and leadership skills and ability to attract, retain, motivate, develop, and mentor team members for high performance.
  • Excellent independent decision-making, analysis, and problem-solving skills.
  • Understand and act on financial information that contributes to business profitability.
  • Ability to plan and manage successful projects; lead team(s) to achieve company goals in creative and effective ways.
  • Excellent planning and organizational skills and techniques.
  • Communicate effectively with senior management.
  • Good negotiating skills and ability to effectively manage outsourced relationships.
  • Ability to influence, build relationships, understand organizational complexities, and manage conflict.
  • Broad professional and managerial skills with a good understanding of industry practices and company policies and procedures.
  • Ability to lead virtual teams.

Work Experience:

1 or more years of management experience.

Typically manage a moderately complex section of a department, a small department, large process, or multiple smaller processes. Make recommendations for executing on plans in accordance with the policies and directives of senior management. Provide guidance to staff within the latitude of established company policies. Assure adherence to and manage approved budgets. May play a role in high-level projects that have an impact on the sub-function's future direction.

Work on complex issues where analysis of situations or data requires in-depth evaluation of a variety of factors, including an understanding of current business trends.

Full knowledge of multiple areas within sub-function derived from experience in non-management roles. Implement strategy to further the sub-function's larger goals through the work of professional staff. Recommend changes to policies and establish procedures that affect the sub-function.

Supervision:

Manage work and goals of professional level staff performing non-routine work or who manage a process or system. Interact with senior management and/or customers, normally involving matters between functional areas and/or other company divisions or units. Often must lead a collaborative effort among members of a project team.

Management Duties:

Makes decisions on salary increases, performance reviews, disciplinary actions, etc.

Performance Requirements:

Typically, a Bachelor's Degree or global equivalent in related discipline.

Travel / Physical Demands:

Travel typically less than 10%. Office environment.

Benefits:

Medical, Dental, and Vision Coverage, 401K Plan with Company Match, PTO [or sick leave if applicable], Paid Parental Leave, Income Protection, Work Life Assistance Program, Flexible Spending Accounts, Educational Benefits, Worldwide Scholarship Program, and Volunteer Opportunities.

For more information about career opportunities at Henry Schein, please visit our website at: https://www.henryschein.com

Equal Employment Opportunity:

Henry Schein, Inc. is an Equal Employment Opportunity Employer and does not discriminate against applicants or employees on the basis of race, color, religion, creed, national origin, ancestry, disability that can be reasonably accommodated without undue hardship, sex, sexual orientation, gender identity, age, citizenship, marital or veteran status, or any other legally protected status.

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