Associate Director, Total Rewards

Role Summary

Associate Director, Total Rewards responsible for designing, implementing, and managing comprehensive compensation and benefits programs aligned with the organization's strategic objectives within the pharmaceutical industry. Focus on competitive and equitable total rewards offerings, ensuring regulatory compliance, and driving employee engagement through data-driven strategies.

Responsibilities

• Develop, implement, and oversee compensation structures, incentive plans, engagement and retention programs that align with organizational goals and industry best practices.
• Lead market analysis and benchmarking efforts to ensure competitive positioning of total rewards offerings within the pharmaceutical sector to attract top talent and retain existing employees.
• Analyze total rewards data and prepare reports to inform decision-making and communicate program effectiveness to stakeholders.
• Ensure that the organization’s compensation and benefits programs are aligned with the company’s culture and values, contributing to employee satisfaction and engagement.
• Ensure that the total rewards programs comply with all relevant laws, regulations, and company policies.
• Drive continuous improvement initiatives by evaluating program outcomes and recommending enhancements to total rewards policies and practices.
• Manage relationships with external vendors and consultants to optimize benefits administration and compensation consulting services.
• Provide guidance and training to all leadership levels on total rewards programs and policies.
• Effectively communicate with employees to ensure they understand the value of their total rewards package.

Qualifications

• Required: Bachelor’s degree in Human Resources, Business Administration, or a related field; 10+ years of progressive experience in compensation and benefits, with at least 5 years in a leadership role; strong knowledge of compensation structures, benefits administration, and regulatory compliance.
• Preferred: Professional certification such as CCP or CEBS; familiarity with HRIS and total rewards platforms; strong project management and cross-functional leadership experience; experience with equity compensation plans.

Skills

• Analytical and strategic thinking to design and manage competitive compensation and benefits programs.
• Strong communication skills for collaboration with leadership and HR partners and for presenting findings.
• Regulatory knowledge to ensure compliance and risk mitigation in program administration.

Education

• Bachelor’s degree in Human Resources, Business Administration, or related field; advanced degree preferred.

Additional Requirements

• 10+ years of experience in compensation and benefits; 5+ years in a leadership role.