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Senior Compensation Partner
Billerica, MA
Quanterix is a company that is digitizing biomarker analysis with the goal of advancing the science of precision health. The company's ultra-sensitive detection solution, Simoa, has the potential to change the way in which healthcare is provided today by giving researchers the ability to closely examine the role of biomarkers in the continuum of health to disease. Quanterix' technology is designed to enable much earlier disease detection, better prognosis and precise treatment methods to improve the quality of life and longevity of the population for generations to come. The technology is currently being used for research applications in several therapeutic areas, including oncology, neurology, cardiology, inflammation and infectious disease.
ROLE SUMMARY:
Our Global Head of Total Rewards is seeking a
Senior Compensation & Benefits Partner to join our growing organization. This position will be part of the total rewards team to support the development and implementation of innovative global total rewards strategies.
WHAT YOU'LL DO:
- Lead the development, communication and distribution of compensation programs including salary administration, annual salary increases, incentive programs and job leveling
- Lead the offer development process; including job leveling, benchmarking and FLSA analysis; provide offer recommendations ensuring external competitiveness and internal equity
- Analyze and monitor offer trends on actual compensation versus market range to ensure tie to our Compensation Philosophy
- Lead the annual administration of compensation program, including preparation of communication materials, job evaluation, compensation statements, cost/ budget analysis and modeling & reporting
- Conduct ad hoc market assessments and complete annual compensation survey submission to ensure competitive market position globally
- Develop and review salary ranges and guidelines to ensure local market competitiveness
- Continuously review and identify processes, programs or tools that could benefit from automation or enhancements and support improvements to enable greater efficiencies and scalability
- Support compensation projects from conception stages to implementation; includes development of project plans, timelines, ensuring accuracy and communication about changes
- Stay current by participating in educational opportunities; reading professional publications; maintaining personal networks; getting involved in professional organizations
- Lead monthly ESGC process for obtaining approval on new hire equity grants
- Partner with Finance to support administration of bi-annual ESPP process
- Design and lead compensation trainings to employees and managers, providing education on compensation programs and offerings
- Participate in annual vendor negotiations and plan design sessions with benefits broker.
- Manage full leave of absence process: policy communication, planning and documentation, payroll processing and re-entry.
- Oversee the administration of fully insured plans including but not limited to medical, dental, vision, flexible spending plans, life insurance.
- Serve as champion for compliance; acts as main point of contact for any internal and external audits regarding compensation and benefits processes; ensures local, state and federal government compliance and reporting requirements are met.
- Own Immigration and relocation process, including partnering with internal stakeholders and external counsel to manage employee visas.
- Partner with Head of Total rewards on Global total rewards strategy
- Provide support to junior team members as needed
BASIC QUALIFICATIONS:
- Bachelor's degree
- 5-8 years of progressive compensation experience
- 2-3 years of benefits/leave administration experience
PREFERRED QUALIFICATIONS:
- Education in Human Resources Management or Finance
- Certified Compensation Professional (CCP)
- Exec and/or Sales compensation experience
- Ability to analyze complex problems and draw conclusions from data
- Strong understanding of global compensation principles, regulations, and market trends
- Strong understanding of state leave policies
- Takes initiative and uses good judgment; excellent follow-up skills
- Excellent verbal and written communication skills are necessary for effectively communicating total rewards programs to employees, senior leadership, and internal partners
- The ability to think strategically and align compensation programs with business objectives is essential for success in this role
- Familiarity with industry trends, benchmarks, and best practices is important for designing competitive and innovative rewards programs
- Ability to work in a fast-paced environment and handle stress appropriately and/or ability to solve practical problems and be sufficiently adaptable to handle dynamic situations with little advance notice
- Recognizes confidential, sensitive, and proprietary information and maintains confidentiality
- Excellent organizational skills and ability to manage and execute tasks in a high-pressure environment
EXPECTATIONS, (LEADERSHIP) COMPETENCIES, SKILLS & ABILITIES:
- Ability to communicate prolifically with presence and impact
- Attentive listening, be present to non-verbal cues, reiterate and clarify
- Values others, communicate ideas, operate with kindness
- Ability to think beyond existing solutions
- Professionally persistent; drive fundamentals and enhancement
- Ability to act decisively
- Ability to explain, influence and negotiate
- Courage to provide counsel to senior business leaders and key stakeholders
- Ability to solve complex problems and analyze issues; take initiative to collaborate with others to do so
- Introduce new ideas, design a new future
- Resilient & Versatile; demonstrate grit and your ability to adapt to change
- Lead with Industry Commercial Awareness; stay up-to-date with your business, industry & market standards
WHY YOU'LL LIKE WORKING FOR US:
Our Technology:
Quanterix' technology is designed to enable much earlier disease detection, better prognoses and enhanced treatment methods to improve the quality of life and longevity of the population for generations to come. The technology is currently being used for research applications in several therapeutic areas. The company was established in 2007 and is in Billerica, Massachusetts. For additional Information, please visithttps://www.quanterix.com.
Our Commitment to Employees:
At Quanterix, we take pride in our employees' incredible work ethic, and we want to reward and recognize that by offering competitive compensation and a 401k plan with an employer match, as well as competitive health, dental, and vision benefits for employees and their dependents. We also offer an unlimited vacation policy to all exempt employees, and a generous PTO policy for non-exempt employees. All employees are eligible to be awarded Equity, and we have an Employee Stock Purchase Plan, a Performance Bonus, and 1:1 Financial Counseling/Planning. We also offer Tuition Assistance. We have a free, state-of-the-art onsite fitness center for all employees. To keep you fueled up, we provide onsite employees free snacks and drinks every day!
DIVERSE & INCLUSIVE WORKPLACE:
Quanterix is committed to a Diverse and Inclusive workplace. We strive to recruit candidates who will bring inclusive mindsets and contribute to our values.
Quanterix is an Equal Opportunity Employer and does not discriminate based on race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Quanterix will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.
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Quanterix
life insurance, tuition assistance, 401(k)
Sep 24, 2024