C&B Director-Pharmaceutical Company

Compensation & Benefits Director

Position Summary

The Compensation & Benefits Director is responsible for designing, developing, and leading the company's total rewards strategy to support business growth, organizational effectiveness, and talent attraction and retention. This role will oversee compensation, benefits, incentive programs, rewards governance, workforce cost management, and market benchmarking across the organization.

The ideal candidate will have extensive experience in the pharmaceutical, biotechnology, or life sciences industry and possess strong expertise in compensation design, sales incentive programs, executive compensation, and rewards governance.

Key Responsibilities

Total Rewards Strategy

• Develop and implement a comprehensive compensation and benefits strategy aligned with business objectives and talent priorities.
• Ensure the organization's rewards programs remain competitive within the pharmaceutical and life sciences market.
• Drive continuous enhancement of total rewards programs to support employee engagement and retention.

Compensation Management

• Lead annual compensation review processes, including salary benchmarking, merit increases, promotion reviews, and salary structure optimization.
• Design and maintain compensation frameworks, job grading systems, career banding, and pay governance policies.
• Conduct market intelligence analysis and provide recommendations regarding compensation competitiveness.
• Partner with business leaders to address complex compensation issues and talent retention challenges.

Incentive Programs

• Lead the design, implementation, and governance of short-term and long-term incentive programs.
• Develop and manage sales incentive schemes for commercial teams, including sales representatives, district managers, and commercial leadership.
• Evaluate incentive effectiveness and recommend program improvements to drive business performance.

Benefits Management

• Oversee employee benefits programs, including insurance, wellness programs, retirement plans, and flexible benefits.
• Ensure benefit programs remain competitive and aligned with market practices and employee needs.
• Manage relationships with external benefit providers and consultants.

Executive Compensation

• Support executive compensation planning and governance.
• Conduct executive compensation benchmarking and provide recommendations for senior leadership reward programs.
• Prepare compensation analyses and reports for senior management and compensation committees as required.

Workforce Planning & HR Analytics

• Lead compensation budgeting, labor cost analysis, and workforce cost planning.
• Provide strategic insights through compensation analytics, workforce metrics, and reward effectiveness assessments.
• Support organizational transformation, restructuring, and M&A activities from a rewards perspective.

Governance & Compliance

• Ensure compliance with local labor regulations, tax requirements, and corporate governance standards.
• Establish and maintain compensation policies, controls, and approval processes.
• Manage audit requirements related to compensation and benefits programs.

Team Leadership

• Lead and develop the C&B team to deliver high-quality HR services.
• Foster a culture of continuous improvement, professionalism, and business partnership.

Qualifications

Education

• Bachelor's degree or above in Human Resources, Business Administration, Finance, Economics, or related disciplines.
• Master's degree or professional certifications (e.g., CCP, GRP, CEBS) are preferred.

Experience

• 12+ years of progressive Compensation & Benefits experience.
• Minimum 5 years in a senior leadership role managing C&B functions.
• Strong pharmaceutical, biotechnology, healthcare, or life sciences industry experience is highly preferred.
• Experience supporting both commercial and R&D populations is highly desirable.
• Proven track record in compensation design, rewards governance, and labor cost management.

Skills & Competencies

• Deep expertise in compensation structures, market benchmarking, and incentive program design.
• Strong analytical and financial acumen.
• Excellent stakeholder management and influencing skills.
• Experience working with multinational organizations and matrix environments.
• Strong project management and change management capabilities.
• Proficiency in HRIS and compensation planning systems.

Language

• Fluent English communication skills (both written and verbal).
• Mandarin Chinese is preferred for China-based positions.