Job Information
Bausch + Lomb Director, Compensation in Bridgewater, New Jersey
Bausch + Lomb (NYSE/TSX: BLCO) is a leading global eye health company dedicated to protecting and enhancing the gift of sight for millions of people around the world—from the moment of birth through every phase of life. Our mission is simple, yet powerful: helping you see better, to live better.
Our comprehensive portfolio of over 400 products is fully integrated and built to serve our customers across the full spectrum of their eye health needs throughout their lives. Our iconic brand is built on the deep trust and loyalty of our customers established over our 170-year history. We have a significant global research, development, manufacturing, and commercial footprint of approximately 13,000 employees and a presence in approximately 100 countries, extending our reach to billions of potential customers across the globe. We have long been associated with many of the most significant advances in eye health, and we believe we are well positioned to continue leading the advancement of eye health in the future.
We are seeking an experienced Director, Compensation to develop, implement, and manage our compensation programs. The successful candidate will be responsible for ensuring that our organization's compensation programs are competitive, effective, and aligned with our business objectives. Reporting to the Vice President, Total Rewards & HR Operations, the Director, Compensation will be responsible for developing and administering global compensation programs in support of Bausch + Lombs strategic priorities. This role will partner with HR Business Partners to provide subject matter expertise in developing solutions to support the business.
Responsibilities
Design, implement, and manage employee compensation plans, including salary structures, bonus programs, and equity compensation plans
Monitor global compensation trends and assist with the planning, development, and implementation of new/revised programs, as needed
Act as Compensation Lead for global implementation of the compensation module for annual planning, driving decision making and managing requirements
Manage all aspects of equity-based compensation globally, including overseeing all processes from grant to vest, ensuring compliance with requirements across all countries and vendor management
Manage the annual compensation process globally, including overseeing the global salary budget process and administering the annual bonus program
Oversee the participation in and analysis of results of compensation surveys, including managing the relationship with the survey vendors
Conduct market analysis to ensure that compensation packages are competitive
Identify and drive global compensation program process improvements
Develop and deliver compensation program communications
Develop and implement compensation policies and procedures
Keepapprised of applicable laws and regulations and manageFLSA compliance
Qualifications
Bachelors Degree in related discipline required; Masters degree or CPP certification a plus
10+ years of progressive compensation management experience in the following areas: base pay administration, bonus and incentive design and implementation, recognition programs; executive compensation experience preferred
Proven experience in equity administration required
Experience working with HRIS systems; advanced Excel skills required
Strong analytical skills and attention to detail with proven experience
Strong consultative, problem-solving, and facilitation skills
Ability to build and maintain strong relationships with HR and cross-functional teams
Strong verbal and written communication skills; comfortable communicating with business leaders and sharing point of view
Strong work ethic and self-motivated; ability to set and manage priorities, multi-task and pivot as priorities change
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Job Applicants should be aware of job offer scams perpetrated through the use of the Internet and social media platforms.
To learn more please read Bausch+Lomb's Job Offer Fraud Statement (https://hcm2preview.sapsf.eu/bauschhealT4/Bausch_job_posting_statement.docx) .Our Benefit Programs: https://www.bausch.com/careers/benefits/
Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.
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