Associate Director, Compensation & Benefits
The Company:
It’s not often you get the chance to make a real impact on the lives of others, while expanding your own possibilities. You’ll find that rare opportunity at PharmaEssentia USA Corporation (PEC). Join us, and let’s transform lives, together.
PharmaEssentia USA is a rapidly growing biopharmaceutical innovator. We are leveraging deep expertise and proven scientific principles to deliver effective new biologics for challenging diseases in the areas of hematology and oncology, with one product approved in the United States and a diversifying pipeline. We believe in the potential to improve both health and quality of life for patients with limited options today through the combination of rigorous research and innovative thinking.
Founded in 2003 by a team of Taiwanese-American executives and renowned scientists from U.S. biotechnology and pharmaceutical companies, today we are listed on the Taipei Exchange (6446) and are expanding our global presence with operations in the U.S., Japan, South Korea and China, along with a world-class biologics production facility in Taichung.
Position Overview:
Reporting to the Senior Director, Human Resources, you will design and implement and maintain a core compensation and benefits infrastructure that supports PharmaEssentia's growth and business goals. This new position will put the right frameworks, governance, and discipline in place—from implementing our global job architecture to incentives to benefits strategy— creating practices, policies and procedures that will scale with our growing business and support managers and employees. This individual will bring data, insight, and clear recommendations to leaders to support smart decision-making and will have a significant impact on how we attract, rewards, and retain talent.
Key Responsibilities:
Compensation
- Drive market benchmarking, pay equity analysis, and pay transparency compliance
- Establish and manage job architecture, role grading, and salary bands
- Design and administer merit, short-term incentive, and long-term incentive programs
- Own/manage the annual compensation process and compensation statements
- Support workforce planning and related costs/budgets
- Maintain program documentation and communication
- Drive market benchmarking for benefits packages; ensure the competitive position of the PEC's benefit structure
- Provide strategic consultation and partnership with leaders to ensure alignment of benefit strategy and plan design initiatives, directly supporting and enabling operational business goals and objectives
- Develop and implement strategy for design and management of cost-effective benefit programs
- Lead vendor selection, contract negotiations and relationships to ensure competitive and cost-effective benefit programs
- Manage finances related to benefits plan costs and operating budgets
- Manage open enrollment and benefits education processes
- Own/manage comprehensive benefits administration, including leaves, working closely with payroll to ensure accurate related processing
- Provide PEC colleagues with ongoing benefits support, including leave management
Required Education/Experience and Skills
- Bachelor's or Masters degree in Human Resources, Business Administration, or a related field is required.
- 5+ years of progressive experience leading Compensation & Benefits or Total Rewards in biotech/pharma
- Excellent leadership skills, along with strategic thinking and problem-solving abilities.
- Exceptional interpersonal, communication and negotiation skills.
- Ability to lead through change and ambiguity, with a growth mindset and resilience.
The expected salary range for this position based on greater Boston, MA location is $160,000-200,000. Actual salary pay will be based on multiple factors, including geographic location, experience, qualifications, and other job-related factors permitted by law.
Benefits of working with our team:
PharmaEssentia USA strives every day to improve the lives of patients as well as our employees. As a valued member of PharmaEssentia USA, you will enjoy the following benefits:
- Comprehensive medical coverage
- Dental and vision coverage
- Generous paid time-off
- 401(k) retirement plan with competitive company match
- Medical & Dependent Care Flexible Spending Account
- Up to $150 monthly cell phone reimbursement
- Employee Assistance Program
At PharmaEssentia USA, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants without regard to race, color, religion, sex, pregnancy (including childbirth and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by applicable law. PharmaEssentia USA believes that diversity and inclusion among our team are critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.
PharmaEssentia does not accept unsolicited agency resumes. Staffing agencies should not send resumes to our HR team or to any PharmaEssentia employees. PharmaEssentia is not responsible for any fees related to unsolicited resumes from staffing agencies.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
At PharmaEssentia, our goal is to treat as many people with cancer as possible. That means challenging the status quo with better science that leads to better lives. By joining our team, you will not only expand your own possibilities, but you will contribute to expanding options for people with cancer.