Senior Manager, Compensation
Publication date:
20 November 2024Workload:
100%Contract type:
Permanent position- Place of work:Deerfield
Vantive: A New Company Built On Our Legacy
Baxter is on a journey to separate our ~$5B Kidney Care segment into a standalone company. Vantive* will build on our nearly 70-year legacy in acute therapies and home and in-center dialysis to provide best-in-class care to the people we serve. We believe Vantive will not only build our leadership in the kidney care space, it will also offer meaningful work to those who join us.
At Vantive, you will become part of a community of people who are focused, courageous and don’t settle for the mediocre. Each of us are driven to help improve patients’ lives worldwide. Join us as we revolutionize kidney care and other vital organ support.
*Completion of the proposed separation of Kidney Care from Baxter into a standalone company (to be named Vantive) remains subject to the satisfaction of customary conditions.
Your Role At Baxter:
The Senior Compensation Manager is responsible for designing, communicating, and administering broad-based compensation programs that attract, retain, and motivate employees, for Kidney Care (future state Vantive). Partners with HRBPs to support business leaders on compensation programs and issues, and balances business knowledge and compensation expertise with an understanding of the various markets. In addition to providing compensation support to the Americas, the position will contribute to, and may lead, global projects and initiatives.
Your Team:
You will be part of a newly formed, growing team who supports Baxter’s mission to save and sustain lives through our talent.
Responsibilities:
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Develops and oversees compensation plans and strategies that support the achievement of strategic objectives and desired organizational culture
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Works as a strategic partner to HR Business Partners, Talent Acquisition, business leaders and other internal customers
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Manages ongoing compensation activities including job evaluations, pay analysis, market reviews, and ad-hoc requests
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Partners with key collaborators to design effective sales incentive plans
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Manages resources, timing, and processes for significant HR projects, including the global annual compensation cycle
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Partners with other compensation team members to develop and lead training and communication to support compensation philosophy, programs, and processes
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Ensures compensation and incentive programs and policies align with local laws and regulations
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Solid team orientation with a collaborative style, which engages stakeholders and leads to good outcomes
Required Skills:
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Bachelor’s degree or equivalent related experience
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8 or more years of broad compensation and/or human resources experience, with a strong preference for experience within employee compensation and incentives
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Microsoft Office Suite knowledge with strong Excel skills
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Experience with HR technology applications
Preferred Skills:
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Understands the business and how compensation should be aligned to support business objectives
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Strategic influencing skills with the ability to establish effective relationships with Business HR, HR Operations, other internal partners, and vendors to ensure compensation and incentive programs meet the needs of the business
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Knowledge of sales incentives, including bonus and commission plans is strongly desired
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Sales incentive design experience strongly preferred
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Strong presentation and communication skills with the ability to articulate complex issues and concepts to non-technical audiences
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Strong analytical skills using both qualitative and quantitative data
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Highly proficient with Excel
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Can work with sensitive information confidentially
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Ability to understand business issues and cultural differences and apply that knowledge to compensation and incentive design and processes
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Strong project management, change management, facilitative and consulting skills
Baxter is committed to supporting the needs for flexibility in the workplace. We do so through our flexible workplace policy which includes a minimum of 3 days a week onsite. This policy provides the benefits of connecting and collaborating in-person in support of our Mission.
We understand compensation is an important factor as you consider the next step in your career. At Baxter, we are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $136,000 to $187,000 annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based upon location, skills and expertise, experience, and other relevant factors. This position is also eligible for a discretionary bonus, and long-term incentive. For questions about this, our pay philosophy, and available benefits, please speak to the recruiter if you decide to apply and are selected for an interview.
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Equal Employment Opportunity
Baxter is an equal opportunity employer. Baxter evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.
EEO is the Law
EEO is the law - Poster Supplement
Pay Transparency Policy
Reasonable Accommodations
Baxter is committed to working with and providing reasonable accommodations to individuals with disabilities globally. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please click on the link here and let us know the nature of your request along with your contact information.
Recruitment Fraud Notice
Baxter has discovered incidents of employment scams, where fraudulent parties pose as Baxter employees, recruiters, or other agents, and engage with online job seekers in an attempt to steal personal and/or financial information. To learn how you can protect yourself, review our Recruitment Fraud Notice .