Thursday, April 10, 2014

Director - Global Compensation - Zoetis - Florham Park


Job description

Zoetis, formerly a business unit of Pfizer, is a leading global animal health company dedicated to discovering, developing, manufacturing and commercializing a diverse portfolio of animal health medicines and vaccines to meet the needs of veterinarians and the livestock farmers and companion animal owners. Our Vision is for our products, services and people will be the most valued by animal health customers around the world. Our mission is built on a six-decade history and singular focus on animal health to bring customers quality products, services and a commitment to their businesses.

Zoetis is a $4.2B Animal Health business, where our products are sold in 120 countries globally. We have approximately 9,500 colleagues globally across diverse skills, capabilities functions, including, field force, research and development, manufacturing, and various global functions supporting our businesses globally.

Zoetis is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status.

Reporting to the Head of Global and Executive Compensation, the Director of Global Compensation will be responsible for the strategy, philosophy, operations, policies, program design, implementation, change management, communication and administration of Zoetis global compensation (other than Executive Compensation).

This leader will provide the strategic direction and execution for compensation across the enterprise and will create and manage global compensation and infrastructure to support the attraction, retention and motivation of Zoetis colleagues enterprise-wide; develop and continuously improve incentive and bonus plan designs and ensure plan designs are aligned and supported by our HR systems and most importantly, that our compensation strategy, programs and initiatives best fit and deliver on our organizational strategy, culture, priorities and business model.

This individual will partner with the HR Leads to ensure that all programs support the organization's strategic objectives, are competitive, cost effective and sustainable. This role will work collaboratively with the HR Leads and the Business to design appropriate compensation programs.

Core Responsibilities & Accountabilities:

Lead Global Compensation function to effectively design, implement and manage Zoetis' compensation strategy, philosophy, programs, policies and initiatives that competitively position Zoetis globally in the attraction, engagement and retention of colleagues, and are aligned with Zoetis strategy, priorities, business model and culture.
Design and implement colleague specific compensation plans to include competitive short and long term incentive plans for senior leaders, managers and colleagues, as appropriate
Conduct benchmarking and consult with leadership to make recommendations to ensure the strategic alignment of compensation programs to global and local strategic direction.
Lead annual compensation planning process to ensure successful delivery, competitiveness and alignment with the Zoetis compensation philosophy.
Provide thought leadership and adapt compensation design/approach to align with market trends.
Develop programs to educate HR, leaders, managers and colleagues on Compensation programs to reinforce the organization's culture and compensation principles.
Partner with leadership and HR to ensure coordination, alignment and proactive compensation issues management.
Lead the evaluation of jobs and alignment to existing Global Job Level structures.
Manage all activity related to published compensation surveys throughout the year and audit survey output, market trends and competitive pay positions to ensure Zoetis' salary plans meet overall company goals and objectives.
Ensure Zoetis' compensation plans comply with legal and other regulations and manage processes and controls to ensure compliance with regulatory agencies.
Proactively manage relevant vendors, auditors, and consultants.

Qualifications & Skills Requirements:
A minimum of 10 years of experience, with a minimum of 5 years company-wide design and management of global compensation strategies, plans, and initiatives.
Demonstrated track record in designing and developing compensation strategies and plans in a public company environment, to include pay-for-performance, short term incentive planning, long-term equity pay programs and other compensation vehicles.
Knowledge of leading practices and external trends in compensation and HR systems with the ability and willingness to dive deep and roll up one's sleeves.
Ability to interact easily across all levels within the organization; tactful, mature, flexible.
High level of collaboration and influencing skills. Executive maturity. Strong planning, organization, delegation and decision-making abilities.
Ability to achieve goals through influencing, partnering and developing productive relationships with senior leadership and line managers across the business. Be recognized as the "go to" person for all compensation issues.
Self-starter with a proactive and inquisitive nature who can anticipate and preempt problems.
Ability to manage and execute changes in Compensation on a global basis.
Bachelors degree required; MBA/JD/advanced degree preferred .
Excellent financial / business acumen, analytical abilities combined with a clear focus on thoroughness and quality.
Strong strategy development and operational execution capabilities.
Previous experience leading, managing and building teams in a fasted paced dynamic environment. High energy and drive to create an environment of continuous improvement.
Excellent problem solving and decision making skills.
English fluency required.
Strong proficiency in MS office products.

Location: Exton, PA or Florham Park, NJ

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