Location: Plainsboro, NJ
Company: Novo Nordisk
is passionate about their purpose – enabling business success the Novo Nordisk Way by turning the Company’s business strategy into an actionable workforce strategy. A strategy which captures the entire employee life-cycle. At Novo Nordisk, you will join an inclusive team of diverse talent and benefit from a range of possibilities for professional and personal development.
Are you ready? This position can be based out of our Clayton, North Carolina, Boston, Massachusettes or New Hampbade location. The Position As a member of the Total Rewards Center of Excellence (Co E), design and implement the organization’s compensation programs and activities so that they meet the organization’s objectives
with regards to internal equity and external market competitiveness. These programs may include job leveling; short-term, long-term and sales incentive plans; share/stock ownership plans; executive compensation; retirement, and supplemental pension plans.
Liaise with functional or operational area managers to develop and implement local compensation strategies that are appropriate for their business needs, but consistent with the organization’s overall Total Rewards strategy. Analyze and evaluate external market data as well as internal data about the organization’s current employee population and future human resource needs to develop salary budgets and forecasts that are consistent
with the organization’s Total Rewards strategy with a focus on pay equity.
Provides guidance to HR partners on application of Total Rewards policy. As part of the global Rewards COE, assist in creation, implementation, and localization of rewards initiatives, including strategy, process, communications, and technology. Relationships Reports to the Vice President, Total Rewards - North America. Frequent interaction with global and local HRBPs, GPOS, Talent Acquisition, Global Rewards and Mobility, GBS teams, line of business, Ask HR, external vendors and consultants. Essential Functions Applies 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 the annual recurring processes across the region Provides guidance to specific functional areas; analyzing market trends, completing statistical studies, and developing recommendations and action plans designed to attract, retain, and reward employees.
May partner with outside consultants in developing custom surveys, when necessary Assist with the annual market analysis of all jobs in order to facilitate the annual compensation Plan Evaluate new and revised jobs using market data; assigns global job level and ensures consistency within global job architecture Participate as an extended team member on expansions and department restructures Provides advice and counsel to HRBPs and management on compensation related issues including development of job descriptions and job families; provide counsel and direction relative to promotion increases, internal transfers and new hire offers Participate in or lead global Total Rewards & Mobility Co E projects and other initiatives Ensure adherence to company policy with regards to fair & 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 medical industry as well as obtain or maintain certifications & credentials.
Utilize knowledge to forecast and prepare for future needs of assigned functional areas Physical Requirements 10-20% overnight travel required. Qualifications Bachelors degree required; relevant experience and/or CCP/GRP may be substituted for degree when appropriate A minimum of 8 years of progressively responsible experience within Human Resources, preferably within Total Rewards functions A minimum of 4 years of compensation experience required; North America medical compensation experience preferred Ability to work cross-collaboratively in a team environment Advanced proficiency in Microsoft Word, Excel, Access, Power Point, and Outlook Compensation system experience preferred (i.
e. Success Factors, Market Pay, SAP HR) 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 Strong analytical and negotiation skills We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.
At Novo Nordisk we recognize that it is no longer good enough to aspire to be the best company in the world. We need to aspire 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 therefore committed to creating an inclusive culture that celebrates the diversity of our employees, the patients we serve and communities we operate in. Together, we’re life changing.
Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, interaction, gender identity, interactionual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations. If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at -xyz X. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.
Management & Executive Jobs refer to positions within an organization that involve overseeing operations and making strategic decisions to guide the company towards its objectives. These roles are characterized by leadership responsibilities, high-level planning, and typically require extensive experience. Executives set the vision and goals, while managers ensure that daily activities align with these directives. Such positions often demand strong communication and interpersonal skills, as well as the ability to solve complex problems and adapt to changing business environments.
Management & Executive Jobs refer to positions within an organization where individuals are tasked with making strategic decisions, overseeing operations, and leading teams towards achieving business goals. These roles typically include titles such as manager, director, vice president, and CEO, and are characterized by their high level of responsibility, authority, and often, a requirement for extensive experience and leadership skills. Executives set the vision for the company, while managers implement strategies and policies to drive success. These jobs often involve complex problem-solving, strong communication abilities, and the capacity to influence and motivate others.
Management & Executive Jobs refer to high-level positions within an organization that involve overseeing operations, making strategic decisions, and leading teams towards achieving business objectives. Individuals in these roles typically have significant experience and expertise in their respective fields. They are responsible for setting goals, developing policies, and ensuring the effective management of resources. Executive roles often include titles such as CEO, CFO, COO, and department heads, among others. Characteristically, these jobs demand strong leadership skills, excellent communication abilities, and a capacity to think critically and solve complex problems.
Management & Executive Jobs refer to positions within an organization where individuals are tasked with making strategic decisions, overseeing operations, and leading teams towards achieving business goals. These roles typically include titles such as manager, director, vice president, and CEO, and are characterized by their high level of responsibility, authority, and often, a requirement for extensive experience and leadership skills. Executives set the vision for the company, while managers implement strategies and policies to drive success. These jobs often involve complex problem-solving, strong communication abilities, and the capacity to influence and motivate others.
