Merck Compensation & Benefits Advisor in Kenilworth, New Jersey

Merck & Co., Inc. Kenilworth, N.J., U.S.A. known as Merck in the United States and Canada, is a global health care leader with a diversified portfolio of prescription medicines, vaccines and animal health products. The difference between potential and achievement lies in the spark that fuels innovation and inventiveness; this is the space where Merck has codified its legacy for over a century. Merck’s success is backed by ethical integrity, forward momentum, and an inspiring mission to achieve new milestones in global healthcare.

Sr. Specialist, Compensation & Benefits Advisor

Overview

As part of the Compensation & Benefits Operations team, you play a key role in the exceptional delivery of Merck’s Total Rewards program to employees and their families.

The Senior Specialist, Compensation & Benefits Advisor is responsible for providing timely consultation to internal stakeholders around our US benefits and compensation programs. You will have ample opportunities to build a network in the HR organization to drive a working understanding of program features, and to provide specific guidance to individuals and groups impacted by business and life events.

This role requires a highly effective collaborator familiar with the fundamentals of US benefits programs and long-term incentive compensation plans, and a lifelong learning style adaptable to legacy plan provisions and newly-developed programs which are evolving to meet the needs of a future workforce.

Responsibilities:

  • Consult with internal stakeholders including, but not limited to, the Compensation & Benefits CoE, HR Business Partners, Global HR Service Delivery teams, and internal & external Global Talent Acquisition teams

  • Support transitioning executives in their understanding of key compensation & benefits programs at critical moments in their career lifecycle

  • Establish scalable deliverables that improve our ability to deliver information efficiently and consistently based on business needs

  • Contribute to the ongoing education and reinforcement of our programs with all stakeholders, including externalized suppliers who play a role in representing these programs to our active and former employees

  • Represent the Compensation & Benefits Operations function in areas of business restructuring and M&A activities

  • Participate in the ongoing maintenance and development of our Total Rewards statement tools as part of our financial wellness strategy

  • Actively participate in all aspects of systems testing and administrative portal design to better relate to the employee experience throughout our digital transformation journey

Education & Experience

  • Minimum of a Bachelor’s degree is required

  • Advanced degree and/or Benefits/Compensation certification is preferred

  • Minimum of 6 years of work experience in HR, benefits, compensation, finance, consulting, or related fields

Qualifications

  • Strong knowledge of US benefits programs, including qualified and non-qualified DB & DC retirement plans, and retiree medical plans

  • Understanding of long-term incentive programs and separation-related provisions impacting executives

  • Working knowledge of regulatory guidelines (e.g. ERISA, 409A)

  • Ability to communicate effectively and confidently with stakeholder groups at different levels of subject matter engagement

  • Strong executive presence and the ability to anticipate questions and needs through empathetic listening

  • Demonstrated resourcefulness in researching solutions and providing participant steerage to available resources

Your role at Merck is integral to helping the world meet new breakthroughs that affect generations to come, and we’re counting on your skills and inventiveness to help make meaningful contributions to global medical advancement. At Merck, we’re inventing for life.

If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to staffingaadar@merck.com .

Search Firm Representatives Please Read Carefully:

Merck & Co., Inc. is not accepting unsolicited assistance from search firms for this employment opportunity. Please, no phone calls or emails. All resumes submitted by search firms to any employee at Merck via email, the Internet or in any form and/or method without a valid written search agreement in place for this position will be deemed the sole property of Merck. No fee will be paid in the event the candidate is hired by Merck as a result of the referral or through other means.

Visa sponsorship is not available for this position.

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

EEOC Poster at http://www1.eeoc.gov/employers/upload/eeocselfprint_poster.pdf

EEOC GINA Supplement at http://www1.eeoc.gov/employers/upload/eeocginasupplement.pdf

OFCCP EEO Supplement at https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf

Merck is an equal opportunity employer, Minority/Female/Disability/Veteran – proudly embracing diversity in all of it’s manifestations.

Job Shared Services

Title: Compensation & Benefits Advisor

Primary Location: NA-US-NJ-Kenilworth

Requisition ID: SHA002062