Compensation Analyst Job

Employer
Merck
Location
Kenilworth, NJ, US
Posted
October 06 2017
Discipline
Other
Organization Type
Pharma
Compensation Analyst-COM000557

Description

Merck & Co., Inc. Kenilworth, N.J., U.S.A. known as Merck in the United States and Canada, is a global health care leader with a diversified portfolio of prescription medicines, vaccines and animal health products. The difference between potential and achievement lies in the spark that fuels innovation and inventiveness; this is the space where Merck has codified its legacy for over a century. Merck’s success is backed by ethical integrity, forward momentum, and an inspiring mission to achieve new milestones in global healthcare.

Right now, thousands of Merck associates are working to cure the world’s most complex diseases. We know that our people are the key to our success, which is why our Human Resources organization takes pride in building teams of skilled, forward-thinking individuals who contribute to Merck’s pioneering medical advancements. Our Human Resources department shares a spirit of attentive enthusiasm that helps support our associates in achieving new milestones in global healthcare.

The Analyst will participate in the design of, and support the implementation and communication of the Company’s broad-based compensation strategy, plans, policies and programs to ensure alignment with overall business strategy and external peers.

Primary Responsibilities include but are not limited to:

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Compensation Data Analytics

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Prepare compensation assessments, recommendations and related analysis

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Assist with compensation surveys, dashboards and other ad-hoc analyses including predictive modeling

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Perform comprehensive data analysis, drawing conclusions from findings and making recommendations for change.

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Proactively monitor trends and regulatory developments in the pharmaceutical and general industry that impact the Company's compensation programs.

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Support data audits and the Company’s annual compensation planning process

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Compensation Benchmarking and Competitive Analysis

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Manage the annual benchmarking process, including identifying the best survey partners for the business

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Review positions and survey matches and validate with HR team where required

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Administer the Company’s Compensation Software which is used to benchmark jobs and develop salary ranges

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Identify and complete ad-hoc surveys to obtain market intelligence on the practices of our competitors

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Special Projects

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Support special projects including compensation software upgrades or changes, due diligence and M&A support

Qualifications

Education:

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Bachelor’s Degree

Required:

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Minimum 4 years work experience in HR, compensation, finance, accounting, workforce analytics or consulting, with at least 2 years as an analyst. (With a Master’s degree, 2 years relevant experience required).

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Ability to collate large amounts of data from multiple sources, analyze and coalesce the data to develop recommendations using predictive modeling

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Analytical and problem-solving skills with ability to understand the business

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Project management, results orientation and attention to detail

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Strong written and oral communication skills

Your role at Merck is integral to helping the world meet new breakthroughs that affect generations to come, and we’re counting on your skills and inventiveness to help make meaningful contributions to global medical advancement. At Merck, we’re inventing for life.

If you need an accommodation for the application process please email us at staffingaadar@merck.com.

Search Firm Representatives Please Read Carefully:

Merck & Co., Inc. is not accepting unsolicited assistance from search firms for this employment opportunity. Please, no phone calls or emails. All resumes submitted by search firms to any employee at Merck via email, the Internet or in any form and/or method without a valid written search agreement in place for this position will be deemed the sole property of Merck. No fee will be paid in the event the candidate is hired by Merck as a result of the referral or through other means.

Visa sponsorship is not available for this position.

For more information about personal rights under Equal Employment Opportunity, visit:

EEOC Poster

EEOC GINA Supplement​



Merck is an equal opportunity employer, Minority/Female/Disability/Veteran – proudly embracing diversity in all of its manifestations.


Job: Compensation

Job Title:Spclst, Compensation

Primary Location: NA-US-NJ-Kenilworth

Other Locations: NA-US-PA-West Point

Employee Status: Regular

Travel: Yes, 15 % of the Time

Number of Openings: 1

Shift (if applicable): 1st

Company Trade Name:Merck

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