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
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.
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
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.
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Visa sponsorship is not available for this position.
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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