Compensation Analyst (Hybrid -Boston only))

Reposted 9 Days Ago
Be an Early Applicant
Boston, MA, USA
In-Office
66K-90K Annually
Mid level
Healthtech
The Role
Provide analytical support on global compensation matters, including annual planning, benchmarking, maintaining salary structures, and managing Workday compensation processes.
Summary Generated by Built In

We are constantly looking to add to our core talent. If you are seeking a career that is challenging and rewarding, a work environment that is diverse and dynamic, look no further — Haemonetics is your employer of choice.

Job Details

A key member of the compensation and HR service delivery team providing analytical support on global compensation matters and the Workday setup of both the Compensation and Advanced Compensation modules. Plays a primary role supporting key compensation activities including annual compensation planning process, benchmarking, development/maintenance of salary structures, salary survey submissions, and support of Workday compensation requirements.  Opportunity to gain exposure to administration of equity incentive program. This role is located at 125 Summer Street next to South Station and is Hybrid 3 days per week.

ESSENTIAL DUTIES:

  • Support the annual compensation planning process (merit salary increases, bonuses, and long-term incentive awards), including coordinating of Workday data management updates, configuration changes, testing, documentation, and reporting in partnership with HR Operations

  • Act as liaison for Workday Compensation and Advanced Compensation modules including researching Workday capabilities, defining system requirements, testing configuration changes, and assisting with maintenance

  • Review and respond to compensation tickets/requests/calls submitted through AskHR

  • Generate knowledge article content to support compensation processes on AskHR

  • Participate in Workday release testing and audit processes for Compensation and Advanced Compensation modules

  • Benchmark company jobs annually or as needed within Payfactors tool

  • Responsible for integrating and maintaining technologies that support compensation programs (Workday, Payfactors, Shareworks, Fidelity PSW), including coordinating feed requirement changes, error logs, etc.

  • Responsible for maintaining/creating company job profiles in alignment with internal structure, ensuring appropriate title, job level, job code, FLSA Status, job description, and EEO Code

  • Contributes to important compensation projects such as job architecture, annual survey submissions, benchmarking, and supports other projects required by HR leadership or company management

  • Assist in the development and dissemination of effective communication materials that enhance understanding and value of compensation programs

  • Gain exposure to administration of the company’s equity incentive program and employee stock purchase plan, including documentation of company SOX controls

  • Gain exposure to consultation with HR business partners on compensation matters

  • Makes compensation presentations or present materials to client groups

  • Assist with routine compensation administration activities including PO management and processing vendor invoices

  • Position may include other duties as determined by the company

QUALIFICATIONS:

  • Bachelor's Degree in Business, Finance, Economics or other quantitative field preferred

  • 3-5 years of HR/compensation experience preferred

EEO Policy Statement

Pay Transparency:

The base pay actually offered to the successful candidate will take into account, without limitation, the candidate’s location, education, job-knowledge, skills, and experience in prior relevant roles. Incentives may also be provided as part of Haemonetics’ employee compensation. For sales roles, employees will be eligible for sales incentive (i.e., commission) under the applicable plan terms. For non-sales roles, employees will be eligible for a discretionary annual bonus, the target amount of which varies based on the applicable role, to be governed by the applicable plan terms. Employees may also be eligible to participate in the Company’s long-term incentive plan, with eligibility and target amount dependent on the role.

In addition to compensation, the Company offers a competitive suite of benefits to its employees, including without limitation, a 401(k) with up to a 6% employer match and no vesting period, an employee stock purchase plan, “flexible time off” for salaried employees and, for hourly employees, accrual of three to five weeks’ vacation annually (based on tenure), accrual of up to 64 hours (annually) of paid sick time, paid and/or floating holidays, parental leave, short- and long-term disability insurance, tuition reimbursement, and/or health and welfare benefits.

Depending on your location, you may be eligible for more detailed information related to the compensation and benefits related to this job posting. If you believe you may be entitled to such information by law, you may contact 1-781-348-7777, Monday through Friday, 7:30 a.m. – 5 p.m. ET or email [email protected].

The base salary range for this role is:

$66,463.74-$89,811.45/Annual

Top Skills

Fidelity Psw
Payfactors
Shareworks
Workday
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The Company
HQ: Boston, MA
1,993 Employees
Year Founded: 1971

What We Do

Haemonetics (NYSE: HAE) is a global healthcare company dedicated to providing a suite of innovative medical products and solutions for customers, to help them improve patient care and reduce the cost of healthcare. Our technology addresses important medical markets: blood and plasma component collection, the surgical suite, and hospital transfusion services. To learn more about Haemonetics, visit www.haemonetics.com.

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