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Lundbeck · 8 hours ago

Director Compensation Benefits and HR Operations US

Deerfield, IL

Full-time

Onsite

Director/Executive

$200K/yr - $240K/yr

10+ years exp

Lundbeck is a global biopharmaceutical company focusing exclusively on brain health. The Director of Compensation, Benefits, and HR Operations will oversee the design and implementation of compensation and benefits programs while ensuring compliance with legal standards and alignment with organizational objectives.

Health CareHealth DiagnosticsMedical

Responsibilities

Develops and maintains total rewards philosophy and supporting programs that enable the organization in meeting its business objectives. These programs include base pay, short- and long-term incentive pay, health and welfare benefits, and retirement plans

Directs team processes including compensation planning, survey participation and market pricing, open enrollment, LTI grant processes, employee surveys, and related processes. Manages approval process with VP Human Resources

Directs HRIS activities, ensuring dashboards, data analytics, and special projects have sufficient staffing and support from Headquarters, Global Business Services, and the U.S. Analytics Team (ACE)

Collaborates with global total rewards leadership in Copenhagen to ensure alignment of U.S. programs with global strategies; contributes to global total rewards team

Collaborates with Human Resource Business Partners and Talent Acquisition to ensure that programs address current and future business needs; aligns with Talent Management on major processes and communications campaigns

Leads communications strategy for total rewards for the U.S.; ensures regular, employee-focused education on total rewards programs are delivered in an appropriate manner at the appropriate time. Develops and leads manager training on compensation topics including pay transparency and compensation decisions

Evaluates market data, industry trends, and best practices, proactively seeks opportunities to enhance the competitiveness of compensation and benefits programs

Collaborates with the Incentive Compensation team and Finance to provide a complete analysis and snapshot of total rewards costs and budget requests

Recommends and presents plan design and annual total rewards budget to senior leadership. Manages the budget approval process with the VP Human Resources

Directs process documentation and process improvements. Ensures that appropriate processes are moved to and completed by the Global Business Services team

Contributes to due diligence for potential acquisitions, identifying costs and rewards risks. Leads integration of HR systems, compensation and benefits programs of acquired organizations into Lundbeck systems and programs

Manages vendors including selection of data vendors, consultants, brokers, and advisors; negotiates contracts, seeking to balance competitiveness and appropriate service levels with cost control

Ensures total rewards compliance with relevant regulatory standards and statutes. Identifies new compliance issues and manages compliance risk for both state and federal regulations

Manages and directs the work of 3 team members; provides coaching and performance feedback; makes and communicates compensation decisions

Other duties as assigned

Qualification

Compensation strategiesBenefits programsHRIS systemsRegulatory complianceData analyticsTeam managementMicrosoft Office SuiteFinancial analysisIndustry certificationsCommunication skillsProject managementRelationship building

Required

Accredited Bachelor's Degree

10+ years of experience in benefits and compensation programs (Total Rewards Programs)

5+ years demonstrated experience in developing and administering complex compensation strategies and ability to balance strategic thinking with detailed focus on execution

5+ years managing a team of direct reports to include hiring, training, coaching performance and professional development

Demonstrated knowledge of pertinent federal and state regulations, filing and compliance requirements (i.e., ERISA, ACA, HIPAA, COBRA, FMLA, IRS, ADA, Pay Equity and Pay Transparency, Section 125 regulations, 5500, Health Care Reform, Workers Compensation, Medicare, Social Security, DOL, FLSA)

Clear, precise and effective verbal and written communication and presentation skills

Results driven with ability to operate independently and proactively

Proven ability to establish rapport and work across all levels of organization and cultivate relationships to include executive leadership, HR Business Partners, Talent Acquisition, Talent Management, Procurement, Legal and Finance

Strong working knowledge of Microsoft Office Suite

Ability to drive multiple projects simultaneously with regularly adjusting priorities