Compensation Manager at Embecta in Parsippany, NJ

Job description

embecta is a global medical device company with a 100-year legacy in insulin delivery and diabetes care. Driven by innovation, purpose, and a commitment to improving lives, we are expanding our portfolio of solutions to serve even more patients, healthcare providers, and communities around the world. Why embecta? Imagine the long legacy and global scale of an industry leader combined with the agility, speed, and entrepreneurial energy of a startup—that's embecta. We are evolving from a company with more than 100 years of experience in diabetes care into a broader medical supplies organization, helping more than 30 million people worldwide live their best lives through innovative solutions, partnerships, and the strength of our global team. At embecta, you are empowered to take ownership, bring your authentic self to work, and accelerate your career alongside inspiring leaders. This role can be remote if not local to Parsippany, NJ About the Opportunity An individual contributor reporting to the Senior Director, Compensation & HR Operations, the Compensation Manager supports the design, administration, governance, and ongoing evolution of the company’s global compensation programs. This role serves as a key compensation subject matter resource, conducting complex analyses and evaluations, supporting base pay, short-term, and long-term incentive programs, monitoring compensation-related regulatory requirements, and providing recommendations to HR and business stakeholders. The Compensation Manager will work across geographies and functions and play an active role in compensation projects, integrations, and program enhancements. This is an exciting opportunity for an experienced compensation professional who combines hands-on technical expertise with sound judgment, critical thinking, and an interest in helping to build and improve programs and practices. What You'll Be Doing Program Administration Develop and maintain salary structures, job architecture, compensation guidelines, and related tools. Partner with HRIS to keep compensation data and configurations accurate in Workday. Play a key role in year-end compensation planning, driving process inputs, data preparation, system configuration, testing, audits, results analysis, and issue resolution to ensure accurate and timely execution. Support the annual bonus process, including payout calculations, data validation, modeling, plan documentation, and communications. Partner with Finance on quarterly forecasting and accruals. Support LTI planning and programs, including guidelines, analysis, manager planning, and communications. Develop and maintain compensation reports, analytical models, and tools to support HR leadership and business stakeholders. Develop and implement scalable compensation processes that support continued organizational growth and transformation. Assist with the development and delivery of training and communications of compensation programs to various audiences to enhance understanding and engagement. Compensation Strategy & Market Pricing Conduct job evaluations and market pricing to ensure appropriate market placement and consistency with internal frameworks. Conduct complex compensation analyses and modeling to support pay decisions, organizational changes, and workforce planning. Present clear recommendations to Compensation leadership and business stakeholders. Compliance & Organizational Change Support global compensation compliance, including pay equity and pay transparency. Monitor regulatory changes, assess their impact, and partner with Legal on recommended changes. Support compensation audits, reporting requirements, and documentation related to internal and external compliance needs. Support compensation activities for M&A integrations, reorganizations, and other organizational changes. Partnership & Continuous Improvement Partner with HR Business Partners, Talent Acquisition, and business leaders to provide compensation guidance consistent with