General Purpose:
Visible senior internal consulting role to Genentech's Research and Early Development (gRED) organization on the design, development, modeling, and communication of compensation programs. You will be amongst a team of Consultants that supports Genentech's business unit clients on compensation matters and programs in order to support to the company goals and competitive practices. In addition, support and participate in the design, development, and administration of corporate programs including base pay, bonus, equity, recognition and executive compensation.

Primary Responsibilities:
Provides the full spectrum of compensation support to the gRED organization. Assesses business objectives and works with executives, line management, HR Generalists and others in Compensation department to support those objectives. Assesses compensation programs, policies and practices, presents conclusions to appropriate management and makes recommendations for action. Develops and conducts compensation training programs to familiarize managers and other employees with key elements of the company's compensation programs. Serves as the gRED organization's technical expert on compensation related matters.

Background:
Seven or more years experience in all aspects of compensation. Ability to interface effectively with all levels of employees, including senior management. Strong analytical skills. Ability to obtain, present and discuss information and recommendations that may be controversial in nature. Must be capable of leading or influencing processes and decision making at a senior level. Other requirements include experience working in a team-oriented, fast-paced environment, project management skills and strong written, verbal and presentation skills, strong analytical and computer skills, and the ability to prioritize and manage multiple assignments in a fast-paced environment. 

• Significant experience working with complex analytical compensation and HR models and data bases, including financial modeling and handling confidential information.
• Ideal candidate will have significant experience, knowledge and understanding of the Compensation module of the Authoria System. (Experience with other pay planning systems including Success Factors may be considered)
• Significant experience, knowledge and understanding of Excel
• Typically requires a minimum of 8-10 years progressively responsible business experience, with majority in compensation roles.
• Strong teamwork skills required to work in a fast moving matrix environment.
• Excellent analytical skills and the ability to develop quantitative models (e.g. business case and complex forecasting). Exceptional accuracy and attention to detail.
• Excellent project management skills with ability to drive consensus in cross regional and cross functional teams.
• Ability to exercise good judgment and handle confidential information.
• Ability to work in a fast paced and changing environment.
• Experience working in a global environment on compensation and related issues strongly preferred.
• Will require flexible schedule and ability to work overtime as required during key periods (mostly July – Nov 1)

We are currently searching for a Compensation Analyst to assist the Director of Compensation, Benefits and HRIS in the design, development, and administration of competitive compensation programs & policies. This position is considered an entry to intermediate-level analyst position, where the incumbent will have responsibility to support a wide range of compensation projects and be expected to expand and grow over time.  

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Assist in analyses related to promotions, market adjustments, and miscellaneous bonuses or rewards.
• Advise management on compensation actions for employees.  Recommends corrective or alternative actions to resolve compensation-related problems. Review proposed salary actions to ensure conformance with established guidelines and policies.
• Prepare special studies and recommendations on subjects such as incentive compensation, bonus plans, sales compensation or stock options.
• Assists in the development, documentation and distribution of incentive plans.
• Reviews existing and proposed statutory requirements governing compensation administration and recommend appropriate courses of action.
• Formulate recommendations regarding development of company salary structure, FLSA exemptions, job revisions and organizational structures.
• Provide additional administrative support, including meeting scheduling, reporting, document preparation, project management, and other duties as needed.
• Assists in the preparation of monthly equity grant documentation, Compensation Committee presentations, semi-annual 401(k) committee meetings and compensation related Proxy materials.

Job Evaluation & Market/Equity Analyses

• Audits jobs for content and prepares job descriptions reflecting job responsibilities, activities, duties and requirements.
• Review job descriptions and prepare internal equity and benchmark market analyses for specified positions.
• Conduct job and market pay analysis to determine appropriate pay grade according to evaluation guidelines.
• Assist in the determination of appropriate pay for new positions. Review requests for revised classifications to determine appropriate salary grade assignment. 

• Act as the primary point of contact for all survey houses and consulting firms in the survey process & recommend survey process improvements.
• Run reports from HRIS and collect necessary survey data to complete survey submissions.
• Participate in compensation surveys and analyze competitive salary information to determine company's competitive position.  As part of the annual salary review process, analyzes current organizational pay practices and makes report recommendations for salary and policy changes to ensure pay for performance and internal equity. 

• Knowledgeable of statistical analysis as applied to compensation practices and market analysis.
• Experience with salary survey input and interpretation of survey results.
• Familiar with job evaluation, including the concepts of levels, grades and bands.
• Excellent time management and organization skills.
• Intermediate knowledge and abilities with Excel, Word & PowerPoint as well as a working understanding of functions and relationships of information in Oracle.
• Effective and influential spoken, written, electronic, and presenting skills with employees at all levels, vendors and any other internal/external individuals with a positive attitude of customer service.
• Must have desire and excitement to learn new things.

• Bachelor’s degree in Human Resources, Business, Finance or a related field.
• CCP designation preferred, but not required.

• Minimum 2-3 years experience directly related to Compensation.
• Prior experience in Financial Analyst, Benefits Analyst or HR Generalist role can substitute for 1-2 years Compensation experience.