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Sr Compensation Analyst
Lifelancer
Any Location, NC
Category
Finance
Apply for Job
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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