Sr Compensation Analyst

Lifelancer
Any Location, NC
Category Finance
Job Description
Bioventus is seeking a Senior Compensation Analyst to lead compensation initiatives that support its mission of advancing scientific innovation and improving patient outcomes.

Requirements

  • Conduct complex compensation analyses using internal and external benchmarking data
  • Develop salary structures, pay ranges and incentive models across job families and geographies
  • Manage the annual salary survey input and analysis
  • Audit jobs for content, determine appropriate FLSA classification and assign internal salary grades
  • Partner with HR Business Partners and Talent Acquisition to advise on competitive pay practices
  • Lead annual compensation cycle (merit, bonus, equity), including budgeting, modeling, and communications
  • Prepare special studies and recommendations on subjects such as incentive compensation, bonus plans and sales compensation
  • Working with the Senior Manager Executive Compensation and Equity Programs, support existing and future recommendations for changes and/or enhancements to these programs
  • Ensure compliance with legal and regulatory requirements (FLSA, pay equity, etc.)
  • Act as a compensation subject matter expert (SME) for internal stakeholders, including HR Business Partners, Talent Acquisition, Legal and Finance
  • Own end-to-end management of compensation-related programs (e.g., job architecture, career ladders, pay transparency, equity refresh cycles)
  • Develop and maintain project plans, timelines and stakeholder communications
  • Drive cross-functional initiatives with Finance, Legal and HRIS to enhance compensation systems and processes
  • Monitor program effectiveness and recommend improvements based on data insights and stakeholder feedback
  • Lead change management and communication efforts for new compensation policies across scientific and corporate teams
  • Maintain compensation policies, documentation and governance frameworks
  • Prepare executive-level dashboards and reports for senior leadership and board presentations
  • Support internal and external audits related to compensation practices (e.g., including SEC and proxy disclosures)
  • Stay ahead of market trends, legislative changes and emerging best practices, communicating findings, as needed, to the senior HR Management team
  • Monitor market trends in biotech compensation, including equity practices, retention strategies, and emerging pay transparency laws
  • Hold oneself and others accountable to conduct business in a manner compliant with Bioventus' Code of Compliance and Ethics, policies and procedures and internal control applicable to their role

Benefits

  • Paid time off
  • Retirement plan
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