Director – Global Compensation

Director – Global Compensation

Requirements

• Bachelor’s degree in Business, Human Resources or Finance. Equivalent combination of education and applicable job experience may be considered.
• A minimum of 10 years relevant work experience, preferably in the Pharmaceutical, Biotech and/or Life Sciences industry.
• Strong understanding of FLSA standards, pay transparency regulations, equity programs, and other DOL compliance requirements.

Responsibilities

• Manage and design compliant compensation programs and resources including: salary structures, merit and pay practices, internal pay equity guidelines, promotions, spot awards, stock, bonuses, job classifications for both non-exempt and exempt roles within the US and Europe.
• Lead the development of global job architecture and related change management planning to ensure understanding and consistent application.
• Lead the annual compensation planning process. Closely partners with HRIS to develop, test and execute enhancements in the system. Project manages entire process and collaborates with HR stakeholders to develop communication and training.
• Collaborate with business leaders and HR Business Partners to review new jobs, job leveling and compensation considerations.
• Provide compensation coaching and consulting to business leaders and HR Business Partners to review new jobs, job leveling and compensation considerations.
• Integrate compensation philosophy and strategies with various HR initiatives.
• As a member of the Sales Incentive Committee, partner with the Sales Operations team in reviewing the plan and determining total cash package for field-based employees.
• Review job descriptions and drive compliance, consistency and inclusiveness.
• Develop and maintain resources including salary and equity guidelines, offer development and key communications.
• Ensure compliance with federal, state, and local compensation laws and regulations; Develop policies and procedures to minimize risk and address audit requirements.
• Responsible for the participation in regular industry and geographical-relevant salary surveys (e.g. Radford/Aon, Mercer); identify new trends and conduct detailed analyses.
• Evaluate and provide compensation recommendations using internal and external data to drive high-performing culture and support internal pay equity.
• Prepare various quantitative and qualitative analyses for regular metrics.
• Ensure coordination of data with Finance related to company stock and payroll.
• Provide data and support for the development of BOD/Compensation Committee materials including annual analytics, annual bonus documents, CEO pay ratio data, etc.

Preferred Qualifications

• The ideal candidate will embody Travere’s core values: Courage, Community Spirit, Patient Focus and Teamwork.
• Certified Compensation Professional (CCP) or similar certification preferred.
• Advanced Excel skills and high proficiency with other Microsoft applications.
• Proficiency working with HRIS systems, preferably Workday Compensation and Advanced Compensation.
• Knowledge of leveraging AI for research, analytics and projects.
• Excellent analytical, project management and multi-tasking skills.
• Ability to build and foster relationships leading to trust and credibility across all employee levels and demonstrate strong relationships within HR team peers.
• Ability to work collaboratively with cross-functional teams and influence stakeholders at all levels.
• Excellent verbal, presentation and written communication skills.
• Ability to adapt to modification and changes to project plans, demonstrating flexibility to implement new strategies and tactics to accommodate these changes.
• Ability to travel (10) % domestic and internationally.