Sr Analyst Total Rewards

Description

Summary:

Provide regional market expertise in the support and development of programs and processes aligned to our Global Total Rewards strategy and priorities. Support the regional / country processes and achieve effective outcomes with our HR Delivery teams.

Partner with the Global Reward team to implement total reward strategies that support our business objectives and ensure the attraction, retention, and motivation of top talent across the assigned geographic region.

Analyze the most relevant facts & data to support our clients & partners in assessing the external market and internal comparisons. Provide guidance on local regulations impacting reward programs / processes.

Provide analysis to support Works Council relationship and expectations.

Responsibilities

• Aligned to global strategy and structure, apply best practices to realize fully comprehensive compensation and benefit programs to attract and motivate the best talent, providing an environment where employees feel valued
• Foster a Total Rewards environment that is market competitive, cost effective, and compliant with applicable laws, regulations, and internal policies and procedures, and aligns with our Syneos Health Vision and Values
• Ensure effective design and delivery of compensation and benefits programs. This includes survey participation, market pricing, job evaluations, job harmonization, salary planning (including statutory increases and step increase processes), competitive compensation analysis, offer consultation, workforce planning, benefit renewals/RFP's, benchmarking, regulatory compliance, plan modification
• Support the development and implementation of a complete health and wellness program for employee participation with a goal to reduce health risk, company medical costs, and encourage healthy lifestyles
• Support the design, implementation, and administration of benefit programs, including medical, dental, disability, life insurance, employee assistance, retirement, and other plans
• Support and help create content and seamless experiences for new hire benefit orientations and enrollments to ensure employees understand their total benefits and make informed decisions around these offerings
• Analyze the costs and learn the risks associated with change initiatives, supporting all relevant business leaders and partners as key milestones are achieved and/or material challenges emerge
• Seek opportunities for the development and continuous improvement of policies, procedures, controls, cyclical and ad-hoc reporting, globally and within the assigned geographic region. Support the design and delivery of communications and training materials for any change initiatives
• Provide analytical support for works councils and other employee representative bodies to review and implement compensation and benefits changes in compliance with local labor laws and regulations
• Monitor compensation and benefits trends, recommending adjustments and improvements as necessary to maintain market competitiveness and cost-effectiveness ensuring compliance with relevant legal requirements, data privacy regulations, and internal policies related to compensation and benefits administration
• Support the administration of applicable compensation and benefit plans. Participate and contribute to the successful execution of the quarterly and/or annual comp cycle process and annual benefit renewals
• Participate in cross-functional workgroups driving solutions that impact employee compensation and benefit opportunities including mergers and acquisitions, system-wide cost-saving initiatives, audit findings, system development, effective and efficient best practices, processes that are consistent across business units, continuous improvement, integration, and implementation
• Participate in special project teams to support initiatives including leveraging technology, innovation, and process improvement to deliver results. Ensures data integrity within data management & reporting
  
  

Stakeholder Management Responsibilities

• Focus on the long-term viability of Syneos Health’s compensation and benefits programs in the assigned geographic region and globally, partnering with HR and Total Reward partners to position the organization competitively in the marketplace and support the achievement of company objectives
• Support the strategic review, design, implementation, and ongoing administration of compensation and benefits programs
• Support the education of leaders regarding compensation and benefits philosophy, manager capability and enablement, pay transparency and discipline, salary structures, market analysis, tools and systems, cyclical salary review and variable compensation processes, and benefits, including interpretation of policies, practices, and regulations
• Focus on the delivery of simple, global processes, with disciplined execution. Work closely with partners to establish and maintain harmonized, dynamic processes
• Focus on the creation of accurate reporting, budgeting and compliance with all applicable laws and regulations regarding compensation, benefits, and related issues, to protect the financial resources of Syneos Health, acting as a steward of these resources on behalf of our leaders, stakeholders, and investors
  
  

People Responsibilities

• Reports to and assists the Manager, Total Rewards, to ensure programs are aligned to business needs, market competitive, cost effective, and compliant with applicable laws, regulations, and internal policies and procedures
• Partner closely with global Total Rewards partners, HR CoEs and Functional teams to establish and maintain harmonized processes
  
  

Qualifications

• Bachelor's degree coupled with progressive experience in compensation and benefits, with a focus on global or regional oversight.
• Demonstrates strong communication skills, both written and verbal, to all members of the business and leadership and can translate data to information, derive insights, and develop actionable business recommendations
• Ability to build relationships and support stakeholders at all levels
• Good research and analytical skills with the ability to interpret data and make recommendations.
• Demonstrated awareness of how available data may be used to drive analytical decisions.
• Ability to work effectively in a fast-paced, dynamic environment with multiple stakeholders and competing priorities
• Experience with Workday
  
  

Critical Skills

• Business Finance Acumen
• Problem Solving
• Critical Thinking
• Collaboration
• Customer Service
• Professional Courage
• Project Management
• Data Foundations
• Data Insights & Interpretation
• Innovation