What are the responsibilities and job description for the Compensation Manager position at Octapharma Plasma, Inc.?
Octapharma Plasma offers professional opportunities that make a meaningful difference. We enhance the lives of patients who need our life-saving medicines. We reward the donors who provide the plasma we collect to make them. And we inspire growth and development in the teams at our donation centers, offices, and labs. We invite you to do the same in this role:
Compensation Manager- Onsite
This Is What You’ll Do:
- Compensation Strategy & Design:
- Develop and maintain compensation strategies aligned with organizational objectives.
- Create and implement competitive salary structures and incentive programs.
- Market Analysis & Benchmarking:
- Conduct market analyses to compare compensation packages with industry trends.
- Evaluate job market trends and adjust compensation policies accordingly.
- Job Evaluation & Grading:
- Develop and maintain job descriptions and classification systems.
- Conduct job evaluations to establish salary ranges and ensure internal equity.
- Compliance & Governance:
- Ensure compensation programs comply with local, state, and federal regulations.
- Stay updated with compensation-related laws and best practices.
- Collaboration:
- Work closely with HR, Finance, and senior leadership to design and execute compensation plans.
- Advise leadership on compensation-related matters, including salary adjustments and promotions.
- Data Management & Analysis:
- Manage compensation data and provide detailed reports to support decision-making.
- Monitor and analyze trends to continuously improve compensation programs.
- Communication & Training:
- Educate managers and employees about the organization’s compensation philosophy and programs.
- Provide guidance on salary negotiations, adjustments, and employee queries.
This Is Who You Are:
- Excellent interpersonal skills, strong written and verbal communication skills.
- Highly ambitious and ability to think outside of the box.
- Eager to share new ideas and contribute to a team.
- Self-motivated and willing to assume the initiative.
- Attentive to every detail.
- Capable of thriving while working independently.
This Is What It Takes:
- Education: Bachelor’s degree in Human Resources, Business Administration, Finance, or related field. Master’s degree or certification (e.g., CCP) preferred.
- Experience: 5-7 years of experience in compensation management, with leadership experience preferred.
- Skills:Strong analytical and quantitative abilities.
- Knowledge of compensation laws and regulations.
- Proficiency in HRIS and compensation management tools.
- Excellent communication and collaboration skills.
- Ability to handle sensitive data with confidentiality.
- Key Competencies:Strategic thinking and problem-solving skills.
- Attention to detail and accuracy.
- Ability to adapt to changing business needs.
- Strong interpersonal and leadership abilities.
Do Satisfying Work. Earn Real Rewards and Benefits.
We’re widely known and respected for our benefits and for leadership that is supportive and hands-on.
- Formal training
- Outstanding plans for medical, dental, and vision insurance
- Health savings account (HSA)
- Employee assistance program (EAP)
- Wellness program
- 401 (k) retirement plan
- Paid time off
- Company-paid holidays
- Personal time
More About Octapharma Plasma, Inc.
With donation centers and team members throughout the U.S., Octapharma Plasma, Inc. collects plasma to create life-saving medicines for patients worldwide. We are growing at an impressive pace, and so is the positive impact of our work. Our community relies on teamwork, compassion, and expertise to get things done the right way, while making a meaningful difference in the lives we touch.
INNER SATISFACTION.
OUTSTANDING IMPACT.
