Consultant, Compensation

Haemonetics Corp.

Boston, MA

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We are constantly looking to add to our core talent. If you are seeking a career that is challenging and rewarding, a work environment that is diverse and dynamic, look no further — Haemonetics is your employer of choice.

Job Details

The compensation consultant is responsible for managing the compensation function. The compensation consultant assists in planning, developing and implementing new and revised compensation programs, policies and procedures to align with the company's goals and competitive practices. This position is also responsible for ensuring that company compensation programs are consistently administered in compliance with internal policies and government regulations.


Responsibilities/Essential Duties

  • Oversees the development, implementation and administration of compensation programs. Including survey participation, salary structure development, pay program administration and other associated initiatives.

  • Monitors the effectiveness of existing compensation practices and recommends changes that are cost-effective and consistent with compensation trends and corporate objectives.

  • Oversee Fidelity Equity Administration and process for new grants, award vesting's, appropriate tax rate input on equity awards and Employee Stock Purchase Plan.

  • Provides advice to corporate staff on pay decisions, policy interpretations, and job evaluations / descriptions.

  • Oversees the participation in salary surveys and monitors salary survey data to ensure corporate compensation objectives are achieved.

  • Complete compensation research and or/ analysis projects, as assigned.

  • Assist in responding to industry surveys. Inputting data into PayFactors to keep up to date compensation materials for use in pricing and salary structure review.

  • Assist in creation and review of compensation communication materials.

  • Create, maintain, and update documentation of process flows, administrative and standard operating procedures.

  • Ensures compliance with federal, state and local compensation laws and regulations.

  • Will have a direct report. Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws. Responsibilities may include interviewing, hiring, training and developing employees; planning, assigning and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Requirements

  • Bachelor's Degree required

  • 4-6 years experience required

  • Certified Compensation Professional (CCP) highly desired

  • Knowledge of Workday, Payfactors, and Fidelity (or other) equity administration platforms a plus

  • Ability to work collaboratively in a cross functional team environment

  • Proficiency of the Microsoft Office Suite (Word, Access & PowerPoint); Advanced Excel including pivot tables and formulas

EEO Policy Statement

Pay Transparency: Residents of certain locations, including Colorado and New York City, may be entitled to additional information about the potential range of compensation and benefits associated with this position. If you believe you may be entitled to such information by law, you may contact 1-781-348-7777, Monday through Friday, 7:30 a.m. – 5 p.m. ET or email AskHR@Haemonetics.com.

Conditions of Employment: Haemonetics’s requires COVID-19 vaccination for all U.S. employees who work in the presence of other colleagues or customers, unless the employee is approved for a medical or religious exemption, pursuant to applicable law. While we recognize employees have their own individual beliefs and perspectives regarding vaccination, we believe it is an important step as part of our obligation to protect our colleagues, customers and communities as we continue to make health and safety our top priority.