Reward Analyst
Job Summary
Our Reward Analyst helps design compensation programs for OPEN Health. They work with our People, Talent Acquisition, and Finance teams to develop solutions and implement programs following the company’s business strategy and compensation philosophy. They play a critical part in ensuring accurate and timely compensation for all employees in multiple disciplines within OPEN Health. They also own new and established broker relationships and aid in the transition to global provider along with driving the benefits renewal process.
Essential Duties & Responsibilities
- Assisting in the operational delivery of day-to-day compensation activities, such as role pay grade assessments, market benchmarking and salary recommendations
- Participating in compensation surveys to analyze the competitive market position for each in-country location
- Assisting with annual pay review process and off cycle increases along with job evaluations, data analytics and data quality checks
- Owning the entry and management of compensation specific data entry into a HRIS system, inclusive of job mapping, job code/job profile creation and pay grades
- Assisting with the review of new and existing job descriptions against levels/ job hierarchy and supporting Talent Acquisition in developing competitive compensation offers for new hires
- Participating in special projects as assigned including pay grades and career ladders review, salary benchmarking review surveys and any new platform implementation/enhancements
- Supporting with employee recognition platform administration
- Maintaining a solid understanding of global legislation that may affect compensation policies
- Providing analytical/data gathering and processing support to the Reward team
- Driving the open enrollment process while adhering to critical time and budget expectations
Experience, Skills, and Qualifications
- Detailed experience of benchmarking, job analysis, market pricing preferably in the pharma/healthcare sector
- In-depth knowledge and understanding of salary surveys and compensation theory and practice
- Exceptional analytical and organization skills with the ability to work independently and interact effectively with all levels of management
- Proactive approach, and ability to be resilient at times, while maintaining a high level of confidentiality
- Proven record of providing excellent customer experience to all compensation and benefits related queries
- Project management skills with the ability to manage multiple priorities and deadlines
- Proficiency in MS365 including Word, PPT, Excel, Outlook, and Teams
- Proficiency in HRIS, payroll, and data analysis tools
- Strong attention to detail and project management skills
- Excellent communication, interpersonal, and consultative skills
Travel Requirements
Less than 10% annually
About OPEN Health
OPEN Health unites deep scientific knowledge with wide-ranging specialist expertise to unlock possibilities that improve health outcomes and patient wellbeing. Working in partnership with our clients, we embrace our different perspectives and strengths to deliver fresh thinking and solutions that make a difference.
OPEN Health is a flexible global organization that solves complex healthcare challenges across HEOR and market access, medical communications and creative omnichannel campaigns.
What we offer:
As a global organization, OPEN Health is committed to supporting our employees and their families through a comprehensive benefits program
- Competitive pay, generous paid vacation and holidays, and health insurance programs across all our locations
- Ongoing training and development opportunities which foster and shape your individual career path
- An active and growing commitment to bettering the communities our employees call home through our Corporate Social Responsibility program
- The opportunity to thrive in a global, collaborative environment while working every day to improve health outcomes and patient wellbeing
- Diverse, inclusive culture that encourages you to bring your whole self to work
If we sound like the sort of business environment in which you would thrive, then we would love to hear from you.