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C&B Senior Specialist

Remote: 
Full Remote
Contract: 
Experience: 
Senior (5-10 years)
Work from: 

Offer summary

Qualifications:

At least 7 years of experience in Compensation & Benefits., Experience in HR in a multinational environment., Familiar with HR Systems like WorkDay., Strong analytical skills with data management., Business level communication in Japanese and English..

Key responsabilities:

  • Resolve compensation issues and provide recommendations.
  • Implement compensation and benefit programs for Japan.
  • Conduct market intelligence to ensure competitive practices.
  • Plan and develop annual salary budgeting.
  • Partner with HR on day-to-day compensation actions.
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MSD Pharmaceuticals XLarge https://www.msd.com
10001 Employees
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Job description

Job Description

Position Overview

  • Japan Compensation & Benefits CoE (C&B CoE) is responsible for designing, developing and Implementing compensation & benefits programs and policies that attract, engages and retain the best talents for our company
  • This team is part of the APJ Regional C&B team (part of International C&B organization, which supports our compay operating outside of the US).
  • The scope of works covers but is not limited to base salary management, short term incentives, long term incentives, job evaluation, job grading system, merit budget, allowances, awards, benefits programs, retirement pension plans, executive compensation, sales incentive plans, year-end compensation planning and related processes, etc.

Primary Activities:

  • Serves as an internal consultant to HR Business Partners/and or Management to resolve compensation issues and provide recommendation. This includes the design and implementation of compensation and benefit and wellbeing programs for all employees in Japan.
  • Be a team lead / team member of international regional C&B projects (e.g. Global Recognition and Retention programs review) Implements our global rewards policies and programs in Japan while meeting local statutory requirements and business needs.   
  • Conducts market intelligence to understand competitive market practice; identify gaps and opportunities and recommend enhancements to ensure we are market competitive.
  • Plans and develops annual salary budgeting and provide guidance of total compensation planning for managers in alignment with Global guidance as well as supports regular off cycle pay reviews.
  • Supports communication of total rewards programs to enhance the perceived value of the programs.
  • Partners with HR Business Partners on the day-to-day compensation actions including; pay adjustments, promotions, offer salary, demotion, job reclassifications to ensure consistency with global guidelines

Position Impact, Decision Making

N/A, individual contributor

Positions to Supervise: N/A

Qualifications, Knowledge, Experience, Skills

Required Qualifications

    • At least 7 years of experience in Compensation & Benefits or related functions in HR in a multinational environment
    • Collaborative team player, comfortable working with multiple stakeholders within and outside of Japan
    • Familiar with HR Systems e.g. WorkDay.
    • Strategic and logical thinking
    • Project management skill
    • Strong analytical skills with data management.
    • Good communication in Japanese and in English(Business level)
    • Execution Excellence
    • Business Savviness

    Desired :

    • Experience in other HR functions, such as payroll & operations, labor relations, HR generalist, etc.
    • Experience working in large MNC, or HR consulting companies (such as Mercer, Willis Towers Watson, Korn Ferry etc.)

    Tertiary Qualifications:

    Position requirement: Bachelors degree

    Knowledge

    • Compensation philosophy, total reward concepts
    • Base pay management
    • Incentive planning including sales incentives
    • Benefit programs and perks 
    • Retirement pension plans
    • Global compensation operating models
    • Japanese labor law
    • HR systems (Workday is plus)
    • Labor cost analysis
    • Pharmaceutical industry and healthcare environment
    • Financial and compliance knowledge
    • Corporate / Head office environment 

    Current Employees apply HERE

    Current Contingent Workers apply HERE

    Search Firm Representatives Please Read Carefully 
    Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company.  No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails. 

    Employee Status:

    Regular

    Relocation:

    No relocation

    VISA Sponsorship:

    No

    Travel Requirements:

    No Travel Required

    Flexible Work Arrangements:

    Remote

    Shift:

    Not Indicated

    Valid Driving License:

    No

    Hazardous Material(s):

    Job Posting End Date:

    12/31/2024

    *A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.

    Required profile

    Experience

    Level of experience: Senior (5-10 years)
    Industry :
    Pharmaceuticals
    Spoken language(s):
    EnglishJapaneseEnglish
    Check out the description to know which languages are mandatory.

    Other Skills

    • Analytical Skills
    • Consulting
    • Verbal Communication Skills
    • Strategic Thinking
    • Teamwork
    • Financial Literacy
    • Business Acumen

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