Associate Specialist, Global Compensation Administration

    Abbott Laboratories
    Abbott Park, IL 60064
    Full-time
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    Job Description

    Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals, and branded generic medicines. Our 109,000 colleagues serve people in more than 160 countries.

    JOB DESCRIPTION:

    Our location in Abbott Park, IL, currently has an opportunity for an Associate Specialist, Global Compensation Administration. The right candidate for this role will be technically proficient and ready for a challenge. This role supports global compensation and provides technical expertise in the delivery of various Compensation programs.

    WHAT YOU'LL DO
    • Provide recommendations on various pay actions (promotions, equities, bonus buyouts, etc.) utilizing survey sources, market references, internal equity, and other data as appropriate.
    • Make external job offer recommendations (i.e. Same Day Offer and hourly rate recommendations).
    • Complete survey submissions for annual and ad hoc salary surveys and utilizes results for the development of start rates, site wage proposals, salary structures and equity studies.
    • Perform equity studies.
    • Manage the job description process.
    • Administer annual compensation programs (salary planning, short-term incentive plans), utilizing Workday compensation module
    • Provide input to enhance existing processes or to establish processes for new programs including documentation of compensation practices (knowledge articles, job aids, work instructions etc....).
    • Perform User Acceptance and Regression testing, including creating test scripts.
    EDUCATION AND EXPERIENCE YOU'LL BRING

    Required
    • Associates Degree plus 1 year of relevant experience.
    Preferred
    • Bachelor's degree preferred and 1-2 years in in a general human resources, compensation, benefits or data management/analysis role.
    • Experience running small to medium projects such as incentive plan administration.
    • Strong technical knowledge of Excel, required including development of spreadsheets with formulas, functions, pivot tables, and look ups.
    • Experience with Workday and Salesforce preferred.
    • Possess understanding of local laws and regulations to effectively support the delivery of Compensation programs.
    • Multilingual preferred, fluency in English is a must.
    WHAT WE OFFER

    At Abbott, you can have a good job that can grow into a great career. We offer:
    • Training and career development, with onboarding programs for new employees and tuition assistance
    • Financial security through competitive compensation, incentives and retirement plans
    • Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
    • Paid time off
    • 401(k) retirement savings with a generous company match
    • The stability of a company with a record of strong financial performance and history of being actively involved in local communities
    Learn more about our benefits that add real value to your life to help you live fully: www.abbottbenefits.com

    Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity.

    Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

    JOB FAMILY:HR Operations

    DIVISION:CHR Corporate Human Resources

    LOCATION:United States > Abbott Park : AP52 Floor-1

    ADDITIONAL LOCATIONS:

    WORK SHIFT:Standard

    TRAVEL:Not specified

    MEDICAL SURVEILLANCE:Not Applicable

    SIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

    Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

    EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

    EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf
    Posting ID: 611341927Posted: 2021-03-09Job Title: Associate Specialist