Manager, Compensation

Posted 2 Days Ago
Be an Early Applicant
Irvine, CA, USA
In-Office
121K-171K Annually
Senior level
Healthtech • Pharmaceutical
The Role
Manage compensation strategies and programs, oversee merit reviews, ensure market competitiveness, and provide training and guidance to managers.
Summary Generated by Built In

Make a meaningful difference to patients around the world. Our talented people are central to the future of Edwards Lifesciences, which is why our Human Resources teams help design, guide, and deliver inspiring experiences for our people. With a fundamental understanding of how to build a supportive community and organizational capability, you’ll deliver solutions to attract and retain talent. Your work will enable our teams to thrive as they help patients live healthier and more productive lives.

This is an onsite role in Irvine, CA.
How you’ll make an impact:
• Evaluate jobs using 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.
• 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 advice and guidance to the business, senior management, and Human Resources to apply compensation expertise to solve complex challenges that meet business needs.
• Develop, get alignment on, and implement portions of compensation pay strategies (base and bonus) utilizing complex market competitive and cost impact analysis.
• 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 smaller 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.
• Other incidental duties

•Quarterly travel to our Cartago, Costa Rica office
What you'll need (Required):
• Bachelor's Degree in Business, Math or other related field with a minimum of 8 years of related compensation experience
What else we look for (Preferred):
• Spanish Speaking Preferred

• Certified Compensation Professional (CCP) strongly preferred

• Experience working with locations outside the U.S.

• Proven expertise in usage of Microsoft Office Suite, especially Excel and PowerPoint, and related compensation data management tools with working knowledge of HRIS
• Excellent written and verbal communication skills and interpersonal skills including consultative and relationship management skills with ability to drive achievement of objectives
• Good problem-solving, organizational, analytical and critical thinking skills
• Good 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.
• Extensive knowledge and understanding of EW policies, procedures, and requirements as it relates to global compensation.
• 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.
• Ability to exercise judgment in determining approach to meetings and how best to modify approach and direction to get alignment and buy-in before reaching a solution
• Strict attention to detail, accuracy, and demonstrated ability to perform statistical analysis, critical thinking, and utilize database management tools to provide analysis and solutions to problems.
• Ability to work in a fact paced environment and balance a dynamic workload with constantly changing priorities, deadlines, and project scopes.
• Ability to build productive internal/external working relationships and work well in a cooperative, collaborative team environment, including inter-departmental teams, assigned client group(s), senior leadership, and key contacts representing the organization on contracts or projects
• Ability to interact with senior internal and external personnel on significant matters often requiring coordination between organizations
• Adhere to all company rules and requirements (e.g., pandemic protocols, Environmental Health & Safety rules) and take adequate control measures in preventing injuries to themselves and others as well as to the protection of environment and prevention of pollution under their span of influence/control
 

Aligning our overall business objectives with performance, we offer competitive salaries, performance-based incentives, and a wide variety of benefits programs to address the diverse individual needs of our employees and their families.
For California (CA), the base pay range for this position is $121,000 to $171,000 (highly experienced).
The pay for the successful candidate will depend on various factors (e.g., qualifications, education, prior experience).  Applications will be accepted while this position is posted on our Careers website.  

Edwards is an Equal Opportunity/Affirmative Action employer including protected Veterans and individuals with disabilities.

COVID Vaccination Requirement

Edwards is committed to protecting our vulnerable patients and the healthcare providers who are treating them. As such, all patient-facing and in-hospital positions require COVID-19 vaccination. If hired into a covered role, as a condition of employment, you will be required to submit proof that you have been vaccinated for COVID-19, unless you request and are granted a medical or religious accommodation for exemption from the vaccination requirement. This vaccination requirement does not apply in locations where it is prohibited by law to impose vaccination.

Skills Required

  • Bachelor's Degree in Business, Math or related field
  • Minimum of 8 years of related compensation experience
  • Certified Compensation Professional (CCP)
  • Experience working with locations outside the U.S.
  • Fluency in Spanish

Edwards Lifesciences Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Edwards Lifesciences and has not been reviewed or approved by Edwards Lifesciences.

  • Retirement Support Retirement programs include a 401(k) match complemented by a separate profit‑sharing contribution. These elements add meaningful long‑term value to total compensation.
  • Equity Value & Accessibility An employee stock purchase plan with a discount and look‑back feature, alongside stock awards for eligible roles, provides notable upside. Program expansions indicate continued accessibility.
  • Leave & Time Off Breadth Time‑off policies include generous PTO, company holidays, and a year‑end holiday shutdown. These offerings enhance work‑life support when available at the site.

Edwards Lifesciences Insights

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The Company
Draper, Utah
13,687 Employees
Year Founded: 1958

What We Do

Edwards Lifesciences (NYSE: EW), is the global leader in patient-focused medical innovations for structural heart disease, as well as critical care and surgical monitoring. We thrive on discovery and expanding the boundaries of medical technology, serving patients in 100+ countries, with the help of our employees in areas including Clinical Affairs, Quality Engineering, Research & Development, Regulatory Affairs, Sales & Marketing, corporate functions and more. Our roots date back to 1958 when Miles Lowell Edwards, a retired engineer with a background in hydraulics and fuel pump operations, set out to build the first artificial heart. Edwards believed the heart could be mechanized and was encouraged by Dr. Albert Starr to focus on developing an artificial heart valve. After just two years, the first Starr-Edwards mitral valve was developed and successfully placed in a patient. This innovation spawned Edwards Laboratories. Miles’ fascination with healing the heart and helping patients with heart disease stemmed from his own experience with rheumatic fever as a teenager and continues to fuel our patient-first culture today. Today, we are as passionate about providing innovative solutions for people fighting cardiovascular disease as we have ever been. It's our Credo. It takes integrity, collaboration, innovation, and focus. We are leaders in the design and manufacture of tissue replacement heart valves and repair products as well as advanced hemodynamic monitoring. We partner with physicians to innovate products designed to help patients live longer, healthier, and more productive lives. Our work is both rewarding and a privilege. The importance of what we do defines our approach. We work together to create an environment where ideas can flourish and we provide our people with the resources, expertise and support to bring those ideas to life. For our legal terms and trademarks, please visit: https://www.edwards.com/legal/legal-terms

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