Edwards Lifesciences Manager, Global Compensation in Irvine, California
This Manager, Global Compensation offers you the opportunity to be part of our Global Compensation Organization, with responsibility for our US Region (US based corporate, business unit and functional groups) as well as Israel. This is a high impact and visible role in which you will interact directly with the business units and functions in the role of expert consultant. You'll enjoy the satisfaction of contributing to our mission of fighting cardiovascular disease around the globe -- we are the leading heart valve manufacturer in the world.
You will provide compensation expertise in a market-based pay environment. To be a good fit for this opportunity you will have at least ten years of compensation experience and demonstrated strong analytical skills. We're looking for a professional with the business savvy to understand the impact of compensation decisions and the ability to manage multiple competing priorities in a dynamic environment. You'll also need advanced skills in MS Excel and experience working with compensation related systems (e.g. market pricing system, job description system).
Reporting to our Director of Global Compensation you will join a global team of compensation professionals. You will work closely with the HR Business Partners as well as business managers, acting as an expert consultant, including influencing, educating, and presenting to groups. You can expect to have around ten projects underway at any given time, and pivotal to your success will be your ability to manage multiple, competing, and often shifting priorities.
More specifically, you will:
Develop and implement portions of compensation pay strategies (base and bonus) utilizing complex market competitive and cost impact analysis for the U.S. and Israel.
Create solutions to problems in alignment with pay strategies to ensure market competitiveness of compensation programs (e.g., merit and adjustment salary budget proposals, salary structures, setting appropriate starting pay, incentive compensation targets). Provide expert level advice and guidance to the business, senior management, and Human Resources to apply compensation expertise to solve complex challenges that meet business needs. In addition to the qualifications detailed above, you'll need:
Evaluate jobs using expert knowledge of job design and the Global Career Framework to establish market pricing benchmarks, salary structure assignment, and incentive target recommendations, and perform incumbent analysis utilizing the Global Career Framework for job evaluation and leveling.
Oversee the annual merit review for assigned region, including manager training, manager/HR guidance, allocation of adjustment budgets, cost/incumbent analysis, and so forth.
Interpret company compensation policies and practices and local, state and federal laws regulating salary practices, and provide analysis, advice, education and solutions to compensation issues to managers and HRBP.
Coordinate work of lower level employees, providing guidance, training and direction to execute tactical compensation projects, with timely coaching and feedback, and ensuring work is accurate and meets desired objectives. Identify and evaluate compensation process improvement and/or course correction/course alignment opportunities.
A bachelor’s degree in Business, Math or other related field, required.
A minimum of 10 years related compensation experience, required.
Travel up to 10% is required.
Proven expertise in usage of Microsoft Office Suite, especially Excel and PowerPoint, and related compensation data management tools.
Excellent written and verbal communication skills and interpersonal skills including consultative and relationship management skills with ability to drive achievement of objectives
Substantial problem-solving, organizational, analytical and critical thinking skills
Strong negotiation and conflict resolution skills
Ability to present manager training to large audiences, typically around 100 managers at a time, and effectively respond to questions and concerns raised during the training.
Strong leadership skills and ability to influence change in complex situations and interact with all organizational levels.
Ability to assess risks, analyze complex situations and determine next course of action.
Ability to manage internal and external confidential information with utmost discretion.
Certified Compensation Professional (CCP) certification, strongly preferred.
Benefits experience preferred.
Experience working with locations outside the U.S. strongly preferred
Working knowledge of HRIS, preferably Workday.
Global compensation experience is a plus.
Edwards is an Equal Opportunity/Affirmative Action employer including protected Veterans and individuals with disabilities.
Edwards Lifesciences is the global leader in patient-focused medical innovations for structural heart disease, as well as critical care and surgical monitoring. Driven by a passion to help patients, the company collaborates with the world's leading clinicians and researchers to address unmet healthcare needs, working to improve patient outcomes and enhance lives. Headquartered in Irvine, California, Edwards Lifesciences has extensive operations in North America, Europe, Japan, Latin America and Asia and currently employs over 13,000 individuals worldwide.
For us, helping patients is not a slogan - it's our life's work. From developing devices that replace or repair a diseased heart valve to creating new technologies that monitor vital signs in the critical care setting, we focus on helping patients regain and improve the quality of their life.