Compensation Analyst Global

Compensation Analyst Global**Date**:Jan 8, 2025**Location**: Mexico City, MEX, MX**Company**:Terumo BCT, Inc.**Requisition ID**: 33225At Terumo Blood and Cell Technologies, our 7,000+ global associates are proud to come to work each day, knowing that what we do impacts the lives of patients around the world.We make medical devices and related products that are used to collect, separate, manufacture and process various components of blood and cells. With our innovative technologies and service offerings, we touch a patient’s life every second of every day and are committed to continuing to increase the number of patients we serve.With some of the best and brightest minds in the industry, an unmatched global footprint, comprehensive benefits and a distinct culture, Terumo Blood and Cell Technologies is a great place to work, grow and be part of a team that is focused on making a difference. Consider joining our team and unlock your potential.**JOB TITLE**:Compensation Analyst (Global)**JOB SUMMARY**The Global Compensation Analyst provides operational support in the administration of Global Compensation programs for Terumo Blood and Cell Technologies to attract, motivate, develop, reward, and retain of key talent. This role encourages a constructive dialogue amongst Global Human Resources and other business functions in the alignment of global compensation programs with business objectives, as well as to support the implementation, administration and management of concentrated tools and processes.This role is responsible for supporting the design, development, analysis, and administration of global compensation programs, policies, and procedures; working closely with Human Resources staff on determining classifications and pay levels for positions; ensures country/state/local, collective bargaining and work council regulatory laws and rule compliance, internal equity and external competitiveness; participating in key compensation cycles, studies, and projects; creates reports and maintains data to monitor global compensation activity; and participates in various global salary surveys and other data exchanges to support compensation analyses. In addition, the role uses a knowledge of compensation theory and practice and will provide analytical support in broader areas of Total Rewards.**ESSENTIAL DUTIES AND RESPONSIBILITIES**:These duties are not meant to be all-inclusive and other duties may be assigned.- Support the development, implementation, and maintenance of global compensation structures for all countries.- Provides support and administration of global compensation programs, including annual compensation program review; annual salary review process; benchmarking of roles; maintaining and updating position descriptions.- Create and modify salary structures and guidelines.- Prepare total compensation recommendations.- Conduct research, analysis and recommendations for new and revised plans and programs that are cost effective and consistent with compensation trends and align with objectives.- Perform job evaluations, market job pricing, internal equity analyses, impact analysis, and plan effectiveness analyses. Conducts, participates in, and analyzes compensation surveys to ensure compensation objectives are achieved.- Conducts analyses related to cost and trends and providing analytical data management support for measurement and tracking of key compensation metrics. Develop techniques for compiling, preparing, and presenting data to management.- Support the annual salary budget process, providing country and associate group merit increases and promotion.- Support the design and administration of short and long-term incentive plans.- Document processes and ensure standardization and automation where possible.- Provide support to simplify and ensure operational excellence in the execution of global Total Rewards programs.- Provide support with job offers, finance accruals, internal equity reviews, severances/separations, and reorganizations.- Provide consultative assistance to HR partners and management on global total rewards issues and concerns; as well as help support the Global Total Rewards Team on key projects and initiatives.**MINIMUM QUALIFICATION REQUIREMENTS****Education**Bachelor’s degree or, equivalent of education and experience sufficient to successfully perform the essential functions of the job may be considered. Preferred certification designation: Certified Compensation Professional (CCP) and/or Certified Global Remuneration Professional (GRP) and/or Professional Human Resources (PHR) Certification designation.**Experience**Minimum 3 years’ experience.**Skills**- Experience in broad-based global compensation programs.- Experience in building and leveraging cross functional relationships with Human Resources, Finance and Legal.- Skilled knowledge of global compensation plans, laws, and regulations to include FLSA, EEO, 409A, and other w