Compensation Manager - San Diego HQ (onsite)

Posted Yesterday
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San Diego, CA
In-Office
117K-170K Annually
Senior level
Healthtech • Biotech • Pharmaceutical
The Role
The Compensation Manager will manage compensation programs, provide expert support, conduct market analyses, and lead compensation-related initiatives while liaising with HR and business leaders.
Summary Generated by Built In
Who We Are:

At Neurocrine Biosciences, we pride ourselves on having a strong, inclusive, and positive culture based on our shared purpose and values. We know what it takes to be great, and we are as passionate about our people as we are about our purpose - to relieve suffering for people with great needs.

What We Do:

Neurocrine Biosciences is a leading neuroscience-focused, biopharmaceutical company with a simple purpose: to relieve suffering for people with great needs. We are dedicated to discovering and developing life-changing treatments for patients with under-addressed neurological, neuroendocrine and neuropsychiatric disorders. The company's diverse portfolio includes FDA-approved treatments for tardive dyskinesia, chorea associated with Huntington's disease, classic congenital adrenal hyperplasia, endometriosis* and uterine fibroids,* as well as a robust pipeline including multiple compounds in mid- to late-phase clinical development across our core therapeutic areas. For three decades, we have applied our unique insight into neuroscience and the interconnections between brain and body systems to treat complex conditions. We relentlessly pursue medicines to ease the burden of debilitating diseases and disorders because you deserve brave science. For more information, visit neurocrine.com, and follow the company on LinkedIn, X and Facebook. (*in collaboration with AbbVie)

About the Role:

Responsible for managing the implementation and administration of compensation programs and processes across the organization. Evaluate, analyze and implement employee compensation programs and provide expert compensation support to Human Resource Business Partners (HRBPs) and business leaders. Key liaison between the business and the compensation team, balancing their needs with corporate compensation program guidelines. Uses extensive market knowledge and internal equity practices to deliver effective compensation solutions, managing key vendor relationships and leading cross-functional initiatives.

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Your Contributions:
  • Manages and leads customer facing compensation activities including (but not limited to) market analyses for annual processes, job evaluations, ad-hoc market analyses, and implementation of corporate compensation programs

  • Key liaison to the business to gather feedback on compensation programs / policies

  • Manages vendor relationships and oversees project work with external consultants such as Aon, ensuring deliverables meet quality standards and timeline requirements

  • Manages compensation system processes and reporting, including maintenance of data in Workday, Payfactors and other compensation tools

  • Reviews and analyzes job offers to ensure alignment with compensation guidelines and market data, providing recommendations to HRBPs and hiring managers

  • Leads cross-functional initiatives by working with internal resources to accomplish compensation objectives

  • Creates and maintains reports from Payfactors and other systems to support decision-making and identify trends or potential issues

  • Collaborates with HR teams to develop and maintain job families and career ladders that align with business needs and market practices

  • Delivers specialized training to HR colleagues and managers on compensation tools, processes, and best practices

  • Provides support for international compensation matters, including market data interpretation and localized compensation recommendations

  • Serves as a subject matter expert and coordinates efforts with IT, HR Operations, Payroll, and other relevant departments on compensation system processes

  • Performs other job-related duties as assigned

Requirements:
  • Bachelor's degree in Human Resources, Finance, Economics, Business Administration, or related field

  • 6+ years of progressive compensation experience in a publicly traded company, including experience with designing, planning, communicating, training, rollout of all components of total pay (base, STI and/or Sales Incentive Plans, and equity)

  • Life Sciences industry experience preferred

  • Certified Compensation Professional (CCP) preferred

  • Demonstrated experience in job analysis techniques and job evaluation methods

  • Extensive experience with compensation systems and tools, preferably Workday and Payfactors

  • Proven/progressive experience leading cross-functional, company-wide initiatives and working with external/internal resources to accomplish objectives

  • Experience managing vendor relationships and consultant projects

  • Strong analytical skills with advanced working knowledge of Microsoft Office with emphasis on MS Excel and PowerPoint.  Exceptional Excel Skills are a must

  • Advanced knowledge of implementing compensation programs and principles

  • Strong understanding of the laws governing compensation

  • Deep knowledge of job analysis techniques

  • Proven project management skills to handle multiple priorities simultaneously

  • Vendor management experience and ability to effectively oversee consultant work

  • Leadership skills to guide cross-functional teams and initiatives

  • Critical thinking skills and very strong attention to detail

  • Ability to communicate effectively, influencing without authority, and make presentations to various stakeholders including C-Suite

  • Results-oriented, being able to anticipate issues and develop solutions

  • Ability to deal with ambiguity and adapt to changing priorities

  • Customer service orientation with strong interpersonal skills to build productive relationships

#LI-TM1

Neurocrine Biosciences is an EEO/Disability/Vets employer.

We are committed to building a workplace of belonging, respect, and empowerment, and we recognize there are a variety of ways to meet our requirements. We are looking for the best candidate for the job and encourage you to apply even if your experience or qualifications don’t line up to exactly what we have outlined in the job description.

_

The annual base salary we reasonably expect to pay is $117,300.00-$170,050.00. Individual pay decisions depend on various factors, such as primary work location, complexity and responsibility of role, job duties/requirements, and relevant experience and skills. In addition, this position offers an annual bonus with a target of 30% of the earned base salary and eligibility to participate in our equity based long term incentive program. Benefits offered include a retirement savings plan (with company match), paid vacation, holiday and personal days, paid caregiver/parental and medical leave, and health benefits to include medical, prescription drug, dental and vision coverage in accordance with the terms and conditions of the applicable plans.

Top Skills

Excel
MS Office
Payfactors
PowerPoint
Workday
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The Company
HQ: San Diego, CA
1,150 Employees
Year Founded: 1992

What We Do

Neurocrine Biosciences is a neuroscience-focused, biopharmaceutical company with a simple purpose: to relieve suffering for people with great needs, but few options. We are dedicated to discovering and developing life-changing treatments for patients with under-addressed neurological, neuroendocrine and neuropsychiatric disorders. The company’s diverse portfolio includes FDA-approved treatments for tardive dyskinesia, Parkinson’s disease, endometriosis* and uterine fibroids* , as well as clinical programs in multiple therapeutic areas. For three decades, we have applied our unique insight into neuroscience and the interconnections between brain and body systems to treat complex conditions. We relentlessly pursue medicines to ease the burden of debilitating diseases and disorders, because you deserve brave science.

Review our Community Guidelines: https://bit.ly/3L8M8hx

*in collaboration with AbbVie

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