Edwards Lifesciences Corp

Manager, Compensation

Edwards Lifesciences Corp$121K — $171K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business, Math, or related field
  • Minimum of 8 years of compensation experience
  • Spanish speaking preferred
  • Certified Compensation Professional (CCP) strongly preferred
  • Experience working outside the U.S.

Responsibilities

  • Evaluate jobs for market pricing benchmarks using the Global Career Framework
  • Oversee annual merit review processes for the assigned region
  • Create solutions for compensation program competitiveness
  • Develop and implement compensation pay strategies through market analysis
  • Interpret and advise on company compensation policies and regulations
  • Coordinate and guide lower-level employees on compensation projects
  • Identify opportunities for compensation process improvements

Benefits

  • Competitive salaries and performance-based incentives
  • Diverse benefits programs for employees and families
  • Opportunities for training and development
  • Quarterly travel to the Costa Rica office
Full Job Description
This is an onsite role in Irvine, CA.

How you’ll make an impact:
• Evaluate jobs using knowledge of job design and the Global Career Framework to establish market pricing benchmarks, salary structure assignment, and incentive target recommendations, and perform incumbent analysis utilizing the Global Career Framework for job evaluation and leveling.
• Oversee the annual merit review for assigned region, including manager training, manager/HR guidance, allocation of adjustment budgets, cost/incumbent analysis, and so forth.
• Create solutions to problems in alignment with pay strategies to ensure market competitiveness of compensation programs (e.g., merit and adjustment salary budget proposals, salary structures, setting appropriate starting pay, incentive compensation targets). Provide advice and guidance to the business, senior management, and Human Resources to apply compensation expertise to solve complex challenges that meet business needs.
• Develop, get alignment on, and implement portions of compensation pay strategies (base and bonus) utilizing complex market competitive and cost impact analysis.
• Interpret company compensation policies and practices and local, state, and federal laws regulating salary practices, and provide analysis, advice, education and solutions to compensation issues to managers and HRBP
• Coordinate work of lower level employees, providing guidance, training and direction to execute smaller tactical compensation projects, with timely coaching and feedback, and ensuring work is accurate and meets desired objectives.
• Identify and evaluate compensation process improvement and/or course correction/course alignment opportunities.
• Other incidental duties

•Quarterly travel to our Cartago, Costa Rica office

What you'll need (Required):
• Bachelor's Degree in Business, Math or other related field with a minimum of 8 years of related compensation experience

What else we look for (Preferred):
• Spanish Speaking Preferred

• Certified Compensation Professional (CCP) strongly preferred

• Experience working with locations outside the U.S.

• Proven expertise in usage of Microsoft Office Suite, especially Excel and PowerPoint, and related compensation data management tools with working knowledge of HRIS
• Excellent written and verbal communication skills and interpersonal skills including consultative and relationship management skills with ability to drive achievement of objectives
• Good problem-solving, organizational, analytical and critical thinking skills
• Good negotiation and conflict resolution skills
• Ability to present manager training to large audiences, typically around 100 managers at a time, and effectively respond to questions and concerns raised during the training.
• Extensive knowledge and understanding of EW policies, procedures, and requirements as it relates to global compensation.
• Strong leadership skills and ability to influence change in complex situations, and interact with all organizational levels.
• Ability to assess risks, analyze complex situations and determine next course of action.
• Ability to manage internal and external confidential information with utmost discretion.
• Ability to exercise judgment in determining approach to meetings and how best to modify approach and direction to get alignment and buy-in before reaching a solution
• Strict attention to detail, accuracy, and demonstrated ability to perform statistical analysis, critical thinking, and utilize database management tools to provide analysis and solutions to problems.
• Ability to work in a fact paced environment and balance a dynamic workload with constantly changing priorities, deadlines, and project scopes.
• Ability to build productive internal/external working relationships and work well in a cooperative, collaborative team environment, including inter-departmental teams, assigned client group(s), senior leadership, and key contacts representing the organization on contracts or projects
• Ability to interact with senior internal and external personnel on significant matters often requiring coordination between organizations
• Adhere to all company rules and requirements (e.g., pandemic protocols, Environmental Health & Safety rules) and take adequate control measures in preventing injuries to themselves and others as well as to the protection of environment and prevention of pollution under their span of influence/control

Aligning our overall business objectives with performance, we offer competitive salaries, performance-based incentives, and a wide variety of benefits programs to address the diverse individual needs of our employees and their families.

For California (CA), the base pay range for this position is $121,000 to $171,000 (highly experienced).

The pay for the successful candidate will depend on various factors (e.g., qualifications, education, prior experience).  Applications will be accepted while this position is posted on our Careers website.  

About Edwards Lifesciences Corp

Edwards Lifesciences is an American medical technology company headquartered in Irvine, California, specializing in artificial heart valves and hemodynamic monitoring. It developed the SAPIEN transcatheter aortic heart valve made of cow tissue within a balloon-expandable, cobalt-chromium frame, deployed via catheter. The company has manufacturing facilities at the Irvine headquarters, as well as in Draper, Utah; Costa Rica; the Dominican Republic; Puerto Rico; and Singapore; and is building a new facility due to be completed in 2021 in Limerick, Ireland.
Learn more about Edwards Lifesciences Corp
Size
15,700 employees
Market Cap
$45.6 billion
Industry
Net Income
$823.4 million
Founded
1958
5 Year Trend
+12%
Revenue
$4.3 billion
NASDAQ

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