Principal Compensation Analyst

Compensation Strategy and Program Design

• Serve as a trusted advisor to HR and business leaders on compensation strategy, market competitiveness, organizational design, job architecture, and pay practices.
• Support the design, implementation, and continuous improvement of compensation programs, including base salary structures, short-term incentives, long-term incentives, and equity programs.
• Support the development of compensation frameworks, career levels, and salary structures that align with business objectives and talent strategies.
• Conduct advanced compensation modeling and scenario analyses to support strategic workforce planning and budgeting.
• Evaluate emerging market trends and recommend innovative compensation solutions to maintain competitiveness in the biotechnology industry.

Market Analysis and Benchmarking

• Lead participation in industry compensation surveys and oversee benchmark matching across multiple survey providers.
• Perform complex market pricing analyses and develop recommendations for salary ranges, compensation structures, and pay adjustments.
• Analyze compensation trends within biotechnology, life sciences, diagnostics, and healthcare sectors to ensure market alignment.
• Conduct pay equity analyses and support compliance with federal, state, and local compensation regulations.

Compensation Planning and Administration

• Support and administer annual compensation planning processes, including merit increases, promotions, bonus programs, and equity awards.
• Partner with Finance and HR leadership to support compensation budgeting, forecasting, and accrual reporting.
• Provide guidance and recommendations on compensation for critical hires, promotions, retention actions, and organizational changes.
• Own the integrity of monthly equity exhibit processing, operate the SOX controls assigned to Compensation (including equity grant controls), and collaborate with Stock Administration on grant processing and equity-related initiatives.
• Respond to high-volume, time-sensitive market pricing requests from HR Business Partners and Talent Acquisition, including off-cycle and ad hoc analyses.

Cross-Functional Partnership

• Consult with senior leaders and executives on compensation-related matters and organizational impacts.
• Educate and influence managers and HR partners on compensation philosophy, practices, and decision-making frameworks.
• Lead compensation-related projects and initiatives, driving process improvements and operational excellence.
• Mentor junior compensation team members and provide guidance on compensation analyses and best practices.
• Develop executive-level presentations and materials for leadership discussions and compensation reviews.

Governance and Compliance

• Ensure compensation programs comply with applicable federal, state, and local regulations.
• Support compensation governance activities, documentation, and audit requirements, including the SOX controls assigned to Compensation.
• Maintain multi-state pay range governance and support pay transparency and pay range d