Senior Compensation Analyst

Posted 7 Days Ago
Be an Early Applicant
Hiring Remotely in USA
Remote
110K-125K Annually
5-7 Years Experience
Healthtech • Biotech
The Role
The Sr. Compensation Analyst at GeneDx is responsible for designing and implementing compensation programs that align with organizational goals. Key duties include strategic development of compensation structures, collaborating with various departments for compensation guidance, conducting job evaluations, leading annual compensation reviews, and providing data-driven insights for program enhancements.
Summary Generated by Built In

GeneDx (Nasdaq: WGS) delivers personalized and actionable health insights to inform diagnosis, direct treatment, and improve drug discovery. The company is uniquely positioned to accelerate the use of genomic and large-scale clinical information to enable precision medicine as the standard of care. GeneDx is at the forefront of transforming healthcare through its industry-leading exome and genome testing and interpretation services, fueled by the world’s largest, rare disease data sets. For more information, please visit www.genedx.com.

The Senior Compensation Analyst will report to the Head of Total Rewards & People Operations and play a pivot role in the design, implementation, and maintenance of competitive, equitable and business-aligned compensation programs and structures. This role will focus on enhancing and evolving our compensation programs to align with our commitment to innovation and excellence in genetic testing. You will spearhead initiatives to refine our pay-for-performance philosophy, developing and optimizing base pay and short-term incentive plans tailored to our unique workforce needs. Your analytical expertise will guide data-driven decisions, ensuring our compensation policies effectively support GeneDx’s growth and talent acquisition efforts while fostering a high-performance culture. Additional duties maybe assigned.

MAJOR DUTIES AND REPONSIBILITIES 

  • Strategic Development: Lead the design, implementation, and evaluation of innovative compensation programs, including base pay and short-term incentive structures, ensuring they align with organizational objectives and industry best practices.  Develop measurement tools to determine effectiveness of total rewards programs, monitor and provide analysis and insight to the trends.   
  • Collaborative Consultation: Partner closely with Talent Acquisition, People Operations, and People Business Partners to provide strategic guidance on compensation-related matters and enhance decision-making across the organization.  Possess an understanding, and maintain knowledge of all applicable federal, state, and local regulations and compliance requirements that impact pay programs, including but not limited to FLSA, EEO, minimum wage, and compensation disclosure regulations. Develop plans and recommendations to address any required changes. 
  • Job Evaluation & Market Analysis: Conduct comprehensive job evaluations and market research to assess competitive compensation practices, making informed recommendations for new roles and adjustments. Meet with business leaders and/or P&C BPs when conducting compensation analyses as needed, work through job descriptions, leveling decisions, etc. Discuss options, educate, influence. 
  • Annual Review Leadership: Spearhead the annual compensation review process, ensuring alignment with performance metrics and organizational strategy, while effectively communicating changes to stakeholders.
  • Compensation Structure Management: Oversee the maintenance of the internal salary structure and lead holistic job and compensation reviews in collaboration with People Business Partners to ensure consistency and fairness.
  • Data-Driven Insights: Prepare and present complex compensation analyses to identify trends and inform strategic recommendations for program enhancements.  Create benchmarking reports utilizing internal data as well as market information within the total rewards space; including performance management, compensation structures (base to variable pay mix), effectiveness of new wellness benefits, retirement options, etc.
  • Communication & Training: Develop and deliver engaging compensation communication and training materials to enhance understanding and transparency of our compensation programs.
  • Financial Collaboration: Work closely with Finance to align compensation forecasts, accruals, and metrics with overall organizational financial strategy.
  • Project Leadership: Lead key compensation projects and ad-hoc analyses that support strategic initiatives and organizational growth. Contribute to compensation projects and/or conduct analysis to support the business on data or modeling asks. Provide in-depth, equitable, and intentional options to determine optimal solutions. 

EXPERIENCE 

  • 5-7 years of progressive compensation experience, with a preference for the Biotechnology or Scientific industry.
  • Proven ability to prioritize and manage multiple strategic initiatives independently.
  • Exceptional attention to detail and analytical thinking.
  • Strong capacity for maintaining objectivity and confidentiality in handling sensitive data.
  • Skilled in fostering positive relationships across all organizational levels.
  • Flexibility in adapting to changing organizational needs while upholding the integrity of the compensation strategy.
  • Experience in equity program management is preferred.

EDUCATION/TECHNICAL REQUIREMENTS 

  • Bachelor’s degree in finance, human resources management, or a related field preferred.
  • Proficiency in HRIS systems (ADP) and market pricing tools (CompAnalyst, Culpepper) is advantageous.
  • Advanced Excel skills with a strong emphasis on data management and analysis.
  • In-depth understanding of how compensation intersects with broader people business processes (HRIS, payroll, benefits, etc.) 


PHYSICAL DEMANDS  

  • This role requires extended periods of sitting while using a computer, involving frequent keyboarding and mouse usage.  

WORK ENVIRONMENT  

  • This position is performed in a home office setting. Employees are expected to create a quiet, organized workspace conducive to productivity. The role may involve virtual collaboration with team members through video conferencing and digital communication tools. Employees should ensure reliable internet connectivity and have access to necessary technology to perform their job effectively. Flexibility in work hours may be required to accommodate team meetings and project deadlines. 

 

Pay Transparency, Budgeted Range

$110,000$125,000 USD

~

Science - Minded, Patient - Focused. 

At GeneDx, we create, follow, and are informed by cutting-edge science. With over 20 years of expertise in diagnosing rare disorders and diseases, and pioneering work in the identification of new disease-causing genes, our commitment to genetic disease detection, discovery, and diagnosis is based on sound science and is focused on enhancing patient care.

Experts in what matters most. 

With hundreds of genetic counselors, MD/PhD scientists, and clinical and molecular genomics specialists on staff, we are the industry’s genetic testing experts and proud of it. We share the same goal as healthcare providers, patients, and families: to provide clear, accurate, and meaningful answers we all can trust.

SEQUENCING HAS THE POWER TO SOLVE DIAGNOSTIC CHALLENGES.

From sequencing to reporting and beyond, our technical and clinical experts are providing guidance every step of the way:

TECHNICAL EXPERTISE

  • High-quality testing: Our laboratory is CLIA certified and CAP accredited and most of our tests are also New York State approved.
  • Advanced detection: By interrogating genes for complex variants, we can identify the underlying causes of conditions that may otherwise be missed.

CLINICAL EXPERTISE

  • Thorough analysis: We classify variants according to our custom adaptation of the most recent guidelines. We then leverage our rich internal database for additional interpretation evidence.
  • Customized care: Our experts review all test results and write reports in a clear, concise, and personalized way. We also include information for research studies in specific clinical situations.
  • Impactful discovery: Our researchers continue working to find answers even after testing is complete. Through both internal research efforts and global collaborations, we have identified and published hundreds of new disease-gene relationships and developed novel tools for genomic data analysis. These efforts ultimately deliver more diagnostic findings to individuals.

Learn more About Us here.
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 Benefits include:

  • Paid Time Off (PTO)
  • Health, Dental, Vision and Life insurance
  • 401k Retirement Savings Plan
  • Employee Discounts
  • Voluntary benefits

GeneDx is an Equal Opportunity Employer.
All privacy policy information can be found here.

The Company
HQ: Stamford, Connecticut
802 Employees
On-site Workplace

What We Do

GeneDx is focused on delivering personalized, actionable insights that improve health outcomes. We sit at the intersection of diagnostics and data science, pairing decades of genomic expertise with an unmatched ability to interpret clinical data at scale.

Our exome and genome testing is among the best in the industry. We expect that it will be even more advanced in the future with the help of Centrellis®, our innovative health information platform. Powered by millions of medical records, Centrellis® integrates digital tools with artificial intelligence to ingest and synthesize clinical and genomic data.

As a result of our robust test menu, including our exome and genome testing, and the comprehensive insights generated by Centrellis®, we are developing a more complete understanding of complex disease than ever before. This translates to faster diagnosis, more effective treatment plans, and enhanced drug discovery.

Our offerings help a whole spectrum of healthcare partners -- clinicians, researchers, health systems, pharmaceutical companies, and payors -- improve patient experiences and advance population health

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