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Senior Manager Total Rewards

Date: Nov 19, 2021

Location: Parsippany, New Jersey, US, 07054

Company: Teva Pharmaceuticals

Company Info

 

 

Teva is a global pharmaceutical leader and the world's largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide. Our employees are at the core of our success, with colleagues in over 80 countries delivering the world's largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we've built a promising pipeline centered around our core therapeutic areas.  We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation. This is how we improve health and enable people to live better, healthier lives. Join us on our journey of growth!
 
R&D:
Teva’s Global Research & Development (R&D) organization is devoted to the development of new medicines, devices and combination products that provide meaningful therapeutic benefit to patients worldwide. Combining creativity, scientific rigor and our extensive knowledge on a broad range of technologies, our scientists, engineers, medical doctors and project leaders across the globe use their expertise to innovate novel biologics, biosimilars, small molecule specialty medicines, generics and over-the-counter therapies
 

Job Description

 

 

The Sr Manager Compensation will join our North America Total Rewards team in Parsippany, NJ and provide support for our regional and global compensation initiatives. The Sr Manager Compensation will partner with others in HR and Global Compensation team to develop and deploy competitive strategies and objectives in compensation practices.

 

 

Other Duties:

 

 

  • Manages the annual compensation review cycle for the North America region (Canada, Puerto Rico and US) which includes merit, annual bonus, equity as well as market adjustments and promotions
  • Aligns with HR business partners to identify opportunities, improve existing compensation programs, policies and processes to ensure they support business strategy and help drive performance.
  • Provides advice to the human resources community and managers on pay decisions, pay guidelines, policy and guideline interpretation and job evaluation.
  • Reviews salary increases, transfers, promotions and hiring salaries to assure equity and compliance with policies.
  • Maintains compensation programs aligned to market by periodically benchmarking existing programs and recommend changes as appropriate.
  • Under the global framework and guidance, leads major compensation programs and initiatives in the North America region.
  • Audits and ensures that company compensation programs are consistently administered in compliance with company policy and all government regulations.
  • Identifies opportunities to improve communication around compensation programs and initiatives and implement ideas in a timely manner.
  • Addresses issues with impact beyond own team based on knowledge of related disciplines
  • Provides ad hoc as well as self-directed reports and analysis to identify trends, opportunities, issues, etc.
  • Conducts data audits and support data integrity processes to ensure data accuracy and integrity in HRIS and Compensation systems
  • Participates in ad hoc projects and analyses as needed

Qualifications

 

What you will bring to the role:

 

  • Minimum of a bachelor’s degree or equivalent experience required
  • Strong analytical and reporting skills, experience in compensation design, analysis and market research
  • Minimum 7 years of experience in compensation, with experience supporting client groups.
  • Collaborative team player who has the ability to effectively interact with multiple working styles as well as work across all levels
  • Must be organized and capable of successfully prioritizing work in a fast moving environment
  • Strong written and verbal communication skills with service orientation
  • Accuracy and attention to detail
  • Must be proficient with large data sets and Microsoft Excel
     

Function

Human Resources

Sub Function

Total Rewards

Reports To

Sr Director Total Rewards

Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws.

We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to  support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.

Teva Pharmaceuticals USA requires all U.S. new hires to be fully vaccinated for COVID-19 prior to the first date of employment. As required by applicable law, however, Teva will consider requests for reasonable accommodations.

 

 


Nearest Major Market: New York City
Nearest Secondary Market: Newark