Senior Compensation Analyst

This is where you save and sustain lives

At Baxter, we are deeply connected by our mission. No matter your role at Baxter, your work makes a positive impact on people around the world.

You’ll feel a sense of purpose throughout the organization, as we know our work improves outcomes for millions of patients.

Baxter’s products and therapies are found in almost every hospital worldwide, in clinics and in the home. For over 85 years, we have pioneered significant medical innovations that transform healthcare.

Together, we create a place where we are happy, successful and inspire each other. This is where you can do your best work.

Join us at the intersection of saving and sustaining lives where your purpose accelerates our mission.

Your Role :

The Sr Compensation Analyst provides support for the assessment, design and implementation of compensation and incentive programs and policies.

Provide analytical support required for the administration of compensation plans and programs.

What You Will Be Doing :

• Participate in the development of compensation and incentive programs and policies.
• Analyze compensation and incentive programs and policies. Participate in implementation activities. Includes base pay programs, incentives, etc.
• Conduct job evaluations. Works with Field HR and management to understand and define the role. Determine exempt / non-exempt status (US / PR only).
• Conduct, analyze and participate in surveys to study labor markets and salary trends so as to establish Baxter budgets, pay rates, and other actions.
• Work with Shared Services on survey submission and survey data management. Analyze survey data during annual EMV / structure update processes to identify issues and determine actions.
• Support the administration of all compensation plans and programs in partnership with compensation CoE, Shared Services and other stakeholders.
• Maintain documentation of global compensation plan information.
• Research and resolve issues / inquiries related to the plans, processes and tools involved in compensation.
• Participate in functional reviews. Analyze market data to price jobs (including incentives and stock options), conduct impact analysis, and develop recommendations / action plans.
• Support Annual Compensation Review (ACR), pay and step structure, location differentials (City Clusters), and other processes as necessary.

What You Need :

• Bachelor's degree required. Resources, Business, Finance, or related field of study preferred.
• Basic knowledge of statistics required.
• 3+ years of compensation experience; experience in global company is a plus. Experience with HR and Compensation systems, preferably Workday and Payfactors.
• Experience with job evaluation methodologies is desired. Knowledge of U.S. HR practices, procedures, required documentation and compliance requirements required.
• Advanced Excel and analytical skills are required; proficiency in MS Word, and PowerPoint. Excel skills to include macros, statistical modeling formulas, charts, lookups and pivot tables.
• Excellent oral and written communication skills demonstrating a high level of confidentiality and customer focus.
• Proven organizational skills with high attention to detail; must be able to prioritize and multi-task.
• Ability to work in a team-focused, collaborative environment. Ability to work independently with a sense of urgency in a complex and changing work environment.

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.