Reward Programs Manager
7 days ago
Imagine being part of a team dedicated to helping people overcome diabetes and other serious chronic conditions. At Novo Nordisk, we strive to contribute to healthier communities and better lives for all people. Our People & Organization team is passionate about enabling business success through actionable workforce strategies that capture the entire employee life-cycle.
The PositionAs a member of the Total Rewards Center of Excellence (CoE), you will design and implement compensation programs and activities that meet the organization's objectives regarding internal equity and external market competitiveness. These programs may include job leveling, short-term and long-term incentive plans, share/stock ownership plans, executive compensation, retirement, and supplemental pension plans. You will liaise with functional or operational area managers to develop and implement local compensation strategies that align with the organization's overall Total Rewards strategy.
Key Responsibilities- Develop and implement 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 annual recurring processes across the region.
- Provide guidance to specific functional areas, analyzing market trends, completing statistical studies, and developing recommendations and action plans designed to attract, retain, and reward employees.
- Assist with the annual market analysis of all jobs to facilitate the annual compensation plan.
- Evaluate new and revised jobs using market data, assign global job level, and ensure consistency within global job architecture.
- Participate as an extended team member on expansions and department restructures.
- Provide advice and counsel to HRBPs and management on compensation-related issues, including development of job descriptions and job families.
- Participate in or lead global Total Rewards & Mobility CoE projects and other initiatives.
- Ensure adherence to company policy regarding fair and 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.
- Bachelor's degree required; 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.
- Compensation system experience preferred.
- 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.
We are committed to creating an inclusive culture that celebrates the diversity of our employees, the patients we serve, and the communities we operate in. We strive to be the best company for the world, and we know that this is only possible with talented employees with diverse perspectives, backgrounds, and cultures.
We are an equal opportunity employer and welcome applications from qualified candidates without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.
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