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Sr. Compensation Analyst

Date:  Jul 11, 2021
Location: 

Danvers, MA, US, 01923

Abiomed is a pioneer and global leader in healthcare technology and innovation, with a mission of Recovering Hearts & Saving Lives. With corporate headquarters in Danvers, Massachusetts, offices in Aachen & Berlin, Germany and Tokyo, Japan, Abiomed’s 1,700 employees form one of the fastest growing medical device companies in the world. We attract and retain exceptional talent with our collaborative culture, passion for our work, and a strong commitment to employee professional development.

 

Patients First | Innovation | Winning Culture | Heart Recovery
 

 

In this role, you will collaborate with the Total Rewards Leader, HR Business Partners and business leaders to help drive, align and implement Abiomed’s Total Rewards Framework worldwide.  Key deliverables are to transfer practical compensation knowledge to the HR Business Partners and operationalize total rewards and compensation programs that comply with regulatory requirements, drive business results, employee engagement and enhance our culture.

 

Responsibilities

           

  • Assists in the implementation, and administration of Abiomed’s Job Architecture: job analysis, job matching, job leveling and job calibrations across business units, globally
  • Reviews and processes planned and off cycle salary actions.
  • Assists in the development of salary structures, annual budgets and matrices.
  • Partners with HR Colleagues (Total Rewards, HRBPs, HR Operations and Human Resource Information System team (HRIS)) to ensure integrity of data.
  • Build a consultative and collaborative relationship with HR Business Partners and Business Leaders to build understanding and effective delivery of Abiomed’s compensation programs and processes
  • Interprets applicable laws regulating compensation practices.
  • Assists in compensation strategy planning and individual projects.
  • Participates in salary surveys and analyzes results.
  • Maintains database of survey data for analyzing market competitiveness to internal positions as needed.
  • Applies job evaluation techniques to evaluate jobs and determines salary grade. Creates & maintain job codes.
  • Establishes equitable pay rates for new hires and other staff.
  • Investigates and recommends resolution on classification questions and Fair Labor Standard Act (FLSA) exemptions.
  • Audits existing or proposed job classifications to obtain information regarding responsibilities, activities, duties and FLSA exemption requirements.
  • Leads special compensation related projects
  • Prepares reports and analysis to review compensation issues, extracting and manipulating data as necessary from HRIS.
  • Assists in the communication of compensation philosophy, performance appraisal/salary review process and incentive programs, as needed.
  • Maintain a thorough knowledge and competency level of contemporary issues, practices, regulations, and systems applications within compensation and human resources.
  • Participates in the design and development of automation tools to improve the speed, efficiency and quality of compensation information available to employees and managers

 

Qualifications

  • Bachelor's Degree and 5 years of related experience required
  • CCP Designation preferred
  • Expert knowledge and use of Excel
  • Strong change management and project management skills
  • Proven ability to partner with cross-functional teams across countries and time-zones
  • Proven analytical, critical thinking and project management skills
  • Experience with PayFactors or other compensation modeling tool preferred

 

 

Abiomed is an Equal Opportunity Employer committed to a diverse workforce. Abiomed will not discriminate against any worker or job applicant on the basis of race, color, religion, gender, gender identity, national origin, ancestry, age, sexual orientation, gender identity, marital or civil partnership status, pregnancy, gender reassignment, non-job related mental or physical disability, genetic information, veteran status, military service, application for military service, or membership in any other category protected under law.


Nearest Major Market: Boston