Director, US C&B Rewards Business Partner
- East Hanover, NJ
21,000. That's how many people Novartis hires globally every year.
Rewards Business Partnering:
Serving as in-country division Rewards business partner, in partnership with P&O, Finance, Talent Acquisition, and line management, ensure the development, implementation and management of cost-effective Rewards programs, primarily focused on the functional area of Compensation & Benefits, and designed to attract, retain and reward high caliber talent, while meeting business goals and strategic objectives within assigned client group(s). Manage and support local, regional, and/or global projects as required. Ensure delivery of in-country Rewards services in collaboration with service partners, including the Novartis Global Service Centers.
Merger & Acquisition integration and divestiture:
Lead C&B activities to support M&A integration and support due diligence.
Compensation and Benefits Integration:
Ensures competitive position, internal equity, operational excellence, compliance with internal controls and external regulations, adherence to Global company policy for all affiliated companies in a region (e.g. North America), through the development and implementation of effective compensation and benefits strategy and policy. Financial impact and measurement is part of decision making considerations and is part of this role.
• Understand and analyse business needs, talent priorities, and market trends. Develop, review, and implement Compensation and Rewards programs in-country that ensure the Novartis value proposition remains fair and competitive. Assigned client group typically spans a division and/or several functional areas of a large division. Act as local Compensation and Rewards subject matter expert; consult and partner with country and global Rewards, and P&O BPs, line managers, NGSCs to identify understand, and address issues related to Compensation and Benefits; influence stakeholders effectively both globally and locally.
• Support local Compensation and Rewards processes, such as base pay, short- and long-term incentives, benefits, recognition/retention plans, and non-NTL compensation proposals; provide input, review, and coverage where needed for Compensation and Rewards global processes managed by NGSCs such as annual compensation review, job evaluation and benchmarking. Evaluate effectiveness of compensation administration (pay-for-performance, market competitiveness, internal equity, differentiation, etc.) and develop and implement necessary local corrective action plans; provide value added compensation data analysis to facilitate management and P&O decision-making; make recommendations that are aligned with Group C&B governance and guidelines and ensure return on investment. Provide technical support on complex C&B matters (including executive comp) as they may relate to plan or program structure, financing or administration.
• Support the development and execution of a change management and transition plan in connection with ongoing transformation of global Rewards operating model. Collaborate with other Rewards Business Partners to ensure cross-divisional awareness and knowledge of emerging "best practice" opportunities and trends. Exemplify a culture of cross-divisional customer service and continuous improvement; maintain a "one Rewards team" mind-set.
• Lead/support all assigned local, regional and/or global project, initiatives, and processes as required; represent client group on assigned projects; responsible for successful implementation of cross-divisional Rewards infrastructure projects within assigned client group. Lead/support efforts to align programs, policies, practices and guidelines on a cross-divisional basis; drive change management within assigned client group; identify and balance areas where variation is needed to meet differing business needs.
• Provide support/assistance in due diligence matters for mergers, acquisitions, divestitures and internal business restructuring. Create, coordinate and manage multifunctional C&B integration plans. Identify and address transition issues and report back to integration teams any required actions. Engage external vendors and to solicit, review and negotiate additional services associated with business integrations.
• Ensure client group compliance with internal and external compensation guidelines, regulations and laws; recommend areas for improvement on controls as appropriate.
• Support communication and training efforts aimed at ensuring country, regional, and global Rewards programs and processes are understood by P&O BPs, managers and associates.
• Coordinate special projects, which might include research and analysis. Conduct financial analysis on C&B plan cost, design alternatives and executive benefits.
EEO Statement The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or any other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, marital or veteran status, disability, or any other legally protected status.
• Bachelor's Degree required.
• Advanced degree/MBA preferred.
• CCP, CBP or GCP preferred.
• Minimum 8 years of experience in Compensation and Benefits; with at least 3 years leading the function(s). M&A Due Diligence experience as well as Global/regional experience in pharma; healthcare or technology industries.
• Good organizational awareness/savvy, including broad experience working cross-functionally and in global and matrixed teams.
• Highly organized with demonstrated skills in operational excellence and process improvement capabilities; detail-oriented with strong data analytical skills / spreadsheet expert and good knowledge of process management and system landscape in HR.
• Strong financial skills understands impact of on C&B plans on financial statements and strong project management skills.
• Strong leadership and communication skills and ability to operate in an ambiguous and transitional work environment while displaying strong judgment, problem-solving, negotiation, influence and conflict resolution skills.
• Fluency in English required (Written and Oral communication).
Why consider Novartis?
799 million. That's how many lives our products touched in 2019. And while we're proud of that fact, in this world of digital and technological transformation, we must also ask ourselves this: how can we continue to improve and extend even more people's lives?
We believe the answers are found when curious, courageous and collaborative people like you are brought together in an inspiring environment. Where you're given opportunities to explore the power of digital and data. Where you're empowered to risk failure by taking smart risks, and where you're surrounded by people who share your determination to tackle the world's toughest medical challenges.
Imagine what you could do at Novartis!
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