Sr. Analyst, Global and Executive Compensation

Job Description

Right now, around 69,000 of our employees are working to cure the world’s most complex diseases. We know that our people are the key to our success, which is why our Human Resources team works to attract, develop, retain and inspire our people so that they can learn, grow and make a true impact on the world. Together we collaborate to create a culturally rich, diverse organization ensuring we remain innovative, agile and flexible.

Position Overview

Participate in the design and support the implementation and communication of the Company’s executive and broad-based compensation strategy, plans, policies and programs to ensure alignment with overall business strategy and external peers.

Primary Responsibilities

Compensation and Benefits Committee Meetings

• Responsible for supporting the preparation of Board meeting materials and related tasks including meeting scheduling and coordination, meeting minutes and delivery of materials to Committee members via board portal

Business Unit Support

• Prepare compensation assessments, recommendations and related analysis for the Company’s broad-based and executive populations

• Assist with the completion of compensation surveys, dashboards and other ad-hoc analyses

Compensation Programs

• Perform comprehensive data analysis, drawing conclusions from findings and making recommendations for change.

• Track and report on retention equity grant activity to ensure compliance with approval and grant issuance processes

• Participate in the design of our company’s global stock incentive, deferred compensation and other executive related programs

• Support the development and updating of HR portal content and communications

Executive Compensation Benchmarking and Competitive Analysis

• Manage the annual benchmarking process, including identifying the best survey partners for the business while leveraging existing contracts/relationships

• In partnership with divisional compensation leaders, review executive positions and survey matches

• Assist in the preparation of the annual competitive analysis for the top 250 executives

• Identify and complete flash annual and other practice-based surveys to obtain market intelligence on the practices of our competitors with a particular focus on long-term incentives globally

• Prepare annual compensation statements and tally sheets

Proxy/External Reporting

• Responsible for supporting the preparation of the CD&A (Compensation Discussion & Analysis) within the Company's annual proxy statement as well as related compensation and benefits disclosures

Special Projects

• Support special projects including due diligence and M&A support

Education Minimum Requirements:

• Bachelor's degree

Required Experience and Skills:

• Minimum 5 years work experience in HR, compensation, finance, accounting or consulting, with at least 2 years as an analyst.

Preferred Experience and Skills:

• ​Strong results orientation and attention to detail

• Strong written and oral communication skills

• Strong analytical and problem-solving skills with ability to understand the business

• Advanced excel skills

• Workday experience preferred

Our Support Functions deliver services and make recommendations about ways to enhance our workplace and the culture of our organization. Our Support Functions include HR, Finance, Information Technology, Legal, Procurement, Administration, Facilities and Security.

Who we are …

We are known as Merck & Co., Inc., Kenilworth, New Jersey, USA in the United States and Canada and MSD everywhere else. For more than a century, we have been inventing for life, bringing forward medicines and vaccines for many of the world's most challenging diseases. Today, our company continues to be at the forefront of research to deliver innovative health solutions and advance the prevention and treatment of diseases that threaten people and animals around the world.

What we look for …

In a world of rapid innovation, we seek brave Inventors who want to make an Impact in all aspects of our business, enabling breakthroughs that will affect generations to come. We encourage you to bring your disruptive thinking, collaborative spirit and diverse perspective to our organization. Together we will continue Inventing For Life, Impacting Lives while Inspiring Your Career Growth.

Invent. Impact. Inspire.

NOTICE FOR INTERNAL APPLICANTS

In accordance with Managers' Policy - Job Posting and Employee Placement, all employees subject to this policy are required to have a minimum of twelve (12) months of service in current position prior to applying for open positions.

If you have been offered a separation benefits package, but have not yet reached your separation date and are offered a position within the salary and geographical parameters as set forth in the Summary Plan Description (SPD) of your separation package, then you are no longer eligible for your separation benefits package. To discuss in more detail, please contact your HRBP or Talent Acquisition Advisor.

Current Employees apply HERE

Current Contingent Workers apply HERE

US and Puerto Rico Residents Only:

Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here if you need an accommodation during the application or hiring process.

For more information about personal rights under Equal Employment Opportunity, visit:

EEOC Poster

EEOC GINA Supplement​

OFCCP EEO Supplement

Pay Transparency Nondiscrimination

We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively. We are an equal opportunity employer, committed to fostering an inclusive and diverse workplace.

Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Kenilworth, NJ, USA, also known as Merck Sharp & Dohme Corp., Kenilworth, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

Employee Status:

Relocation:

VISA Sponsorship:

Travel Requirements:

Flexible Work Arrangements:

Shift:

Valid Driving License:

Hazardous Material(s):

Number of Openings:

Requisition ID:R106988