Remote Compensation Analyst (pharma industry)

Cambridge, MA

Compensation Projects Manager
Pay: $80 - 85/HR
Duration:1 yr

Remote  - EST HST

We are seeking a detail-oriented and strategic Compensation Projects Manager (Contractor) to support the Director, Compensation, Mobility and People Analytics in executing key components of the annual compensation cycle and performance management processes. This role will also contribute to year-end awards planning and partner with Talent Acquisition to support offer development. The ideal candidate will possess strong analytical skills, experience with compensation systems, and the ability to manage cross-functional projects in a fast-paced environment. Additionally, the successful candidate has demonstrated the ability to mix the science of compensation with the art of motivating and driving engagement while partnering day-to-day with employees, managers, team members and senior leaders to attract, retain and engage team, ensuring they feel their value.
What will you do?
Compensation Cycle Execution
Configure and maintain the Oracle compensation planning tool to support annual planning.
Prepare and deliver training materials for managers participating in the compensation cycle.
Audit compensation recommendations for accuracy and alignment with guidelines.
Track compensation budgets and prepare roll-up summaries for leadership review.
Support communication efforts during the compensation cycle.
Collaborate with Finance to ensure accurate payout of all compensation awards.
Performance Management Support
Develop Power BI tools to facilitate performance calibration sessions.
Assist in translating performance ratings into compensation outcomes.
Partner with HR Business Partners to provide process support and guidance.
Year-End Awards Planning
Serve as a core member of the planning team for year-end awards.
Facilitate the nominations collection process and curate submissions for leadership review.
Coordinate event planning for the awards ceremony, including day-of logistics and execution.
Talent Acquisition Partnership
Collaborate with the Talent Acquisition team to support recruiting efforts.
Partner on offer development to ensure alignment with compensation strategy and market data.
Survey Participation
Participate in compensation surveys as needed
Manage all benchmarking data in Payfactors, our compensation management tool

What minimum qualifications do we require?
Bachelor's degree in Human Resources, Business Administration, or related field; advanced degree preferred.
4+ years of experience in compensation, HR operations, or related roles.

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