Taro Pharmaceutical USA Inc Hiring for Compensation Manager (Human Resources / Total Rewards) Job at Hawthorne, NY Full Time

Taro is a multinational, science-based pharmaceutical company dedicated to meeting the needs of its customers through the discovery, development, manufacturing and marketing of the highest quality healthcare products. Providing quality products through scientific innovations, diligence and precision is the goal of all of Taro’s research programs. Taro develops, manufactures and markets prescription and over-the-counter pharmaceutical products primarily in the United States, Canada and Israel.

This position is based out of our Hawthorne, New York office in the picturesque Hudson Valley located in Westchester County. The Hudson Valley is rich with history and culture and is the closest county to New York City. With a mixture of urban and city life, Westchester country is full of places to see and things to do. With great hotels, Michelin-rated dining and tons of outdoor activities, you’ll find a community of amazing people whose talents are as widespread as Westchester County’s 500 square miles.

Summary:

The role is responsible for the communication, execution, life cycle management, analysis/reporting and ongoing monitoring of Taro’s global total rewards and performance management strategies. This role reports to the Vice President, Head of Human Resources, and will partner closely with Sun’s global Total Rewards team.

Responsibilities:

• Participate in development of, implement, communicate and maintain standardized compensation programs and guidelines including, but not limited to, the annual increment and promotion process, variable pay plans, Compensation Policy
• Conduct benchmarking to ensure market competitiveness.
• Provide education and counsel to HR Business Partners, Line Managers, and Talent Acquisition regarding compensation issues, evaluating new positions, grade levels, job descriptions, promotions and transfers.
• Participate in design/evaluation, and implement and monitor the US health/welfare and 401(k) benefit programs. Provide guidance and monitor effectiveness and cost of Canada and Israel benefit programs.
• Manage, or assist in managing for ex-US locations, relationships with brokers and third party benefit solution providers.
• Monitor and ensure that the company is in compliance with all applicable compensation and benefits laws, regulations and collective bargaining agreements.
• Collaborate with HR Business Partners and Business leaders to understand their issues related to compensation and benefits.
• Develop and sustain total rewards and performance management communication initiatives.
• Prepare reporting and analysis as part of total rewards and performance management structured processes and on an ad hoc basis
• Prepare Total Rewards data/information for Board and management presentations
• Build and sustain collaborative relationships at multiple levels in the company. Work through conflict to achieve resolution. Build trust by including others and by keeping the cross-functional teams focused on the success of the entire company.
• Understand the complexity of business.

Requirements:

• Bachelor’s Degree required.
• 5-8 years of relevant compensation and benefits experience. Experience with ex-US compensation planning and evaluation preferred.
• Working knowledge of compensation benchmarking survey tool(s) and demonstrated experience in compensation plan design and implementation.
• Intermediate to advanced Excel skills required; strong PowerPoint skills a plus
• Effectively translates data into actionable insights.
• Communicates clearly and effectively with associates at all levels.
• Strong verbal and written presentation skills including the ability to communicate complex ideas in a simple way and to tailor key messages and presentation style to multiple audiences.

• Strong attention to detail, results orientation and an ability to prioritize on a consistent basis in an ever-changing environment.

Taro Pharmaceuticals offer a wide range of benefits including:

• Medical, Dental, Vision Benefits
• Health Savings Account (HSA), Flexible Spending Account (FSA)
• Prescription Drug Coverage
• Telehealth and Behavior Health Services
• Income Protection – Short Term and Long Term Disability Benefits
• Retirement Benefits – 401k Company Match (100% vesting immediately)
• Group Life Insurance
• Wellness Programs
• Corporate Discounts on personal services: Cellular phones, Entertainment, and Consumer Goods

The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees as assigned to this job. Nothing herein shall preclude the employer from changing these duties from time to time and assigning comparable duties or other duties commensurate with the experience and background of the incumbent(s).

We provide equal employment opportunities for all current employees and applicants for employment. This policy means that no one will be discriminated against because of race, religion, creed, color, national origin, nationality, citizenship, ancestry, sex, age, marital status, physical or mental disability, affectional or sexual orientation, military or veteran status, generic predisposing characteristics or any other basis prohibited by law.

Notice to Agency and Search Firm Representatives:

Taro Pharmaceuticals (Taro) is not accepting unsolicited resumes from agencies and/or search firms for this job posting. Resumes submitted to any Taro employee by a third party agency and/or search firm without a valid written & signed search agreement, will become the sole property of Taro. No fee will be paid if a candidate is hired for this position as a result of an unsolicited agency or search firm referral.