Associate Director, Compensation & Benefits

Position Overview

The Associate Director, Compensation & Benefits will design and implement a core compensation and benefits infrastructure that supports PharmaEssentia's growth and business goals.

Key Responsibilities

• Drive market benchmarking, pay equity analysis, and pay transparency compliance
• Establish and manage job architecture, role grading, and salary bands
• Design and administer merit, short-term incentive, and long-term incentive programs
• Own/manage the annual compensation process and compensation statements
• Support workforce planning and related costs/budgets
• Maintain program documentation and communication
• Drive market benchmarking for benefits packages; ensure the competitive position of the PEC's benefit structure
• Provide strategic consultation and partnership with leaders to ensure alignment of benefit strategy and plan design initiatives
• Develop and implement strategy for design and management of cost-effective benefit programs
• Lead vendor selection, contract negotiations and relationships to ensure competitive and cost-effective benefit programs
• Manage finances related to benefits plan costs and operating budgets
• Manage open enrollment and benefits education processes
• Own/manage comprehensive benefits administration, including leaves, working closely with payroll to ensure accurate related processing
• Provide PEC colleagues with ongoing benefits support, including leave management

Required Education/Experience and Skills

• Bachelor's or Masters degree in Human Resources, Business Administration, or a related field is required.
• 5+ years of progressive experience leading Compensation & Benefits or Total Rewards in biotech/pharma
• Excellent leadership skills, along with strategic thinking and problem-solving abilities.
• Exceptional interpersonal, communication and negotiation skills.
• Ability to lead through change and ambiguity, with a growth mindset and resilience.

Benefits

• Comprehensive medical coverage
• Dental and vision coverage
• Generous paid time-off
• 401(k) retirement plan with competitive company match
• Medical & Dependent Care Flexible Spending Account
• Up to $150 monthly cell phone reimbursement
• Employee Assistance Program

Pay

The expected salary range for this position based on greater Boston, MA location is $157,080-204,000. Actual salary pay will be based on multiple factors, including geographic location, experience, qualifications, and other job-related factors permitted by law.