Job Description
Position Overview
- Japan Compensation & Benefits CoE (C&B CoE) is responsible for designing, developing and Implementing compensation & benefits programs and policies that attract, engages and retain the best talents for our company
- This team is part of the APJ Regional C&B team (part of International C&B organization, which supports our compay operating outside of the US).
- The scope of works covers but is not limited to base salary management, short term incentives, long term incentives, job evaluation, job grading system, merit budget, allowances, awards, benefits programs, retirement pension plans, executive compensation, sales incentive plans, year-end compensation planning and related processes, etc.
Primary Activities:
- Serves as an internal consultant to HR Business Partners/and or Management to resolve compensation issues and provide recommendation. This includes the design and implementation of compensation and benefit and wellbeing programs for all employees in Japan.
- Be a team lead / team member of international regional C&B projects (e.g. Global Recognition and Retention programs review) Implements our global rewards policies and programs in Japan while meeting local statutory requirements and business needs.
- Conducts market intelligence to understand competitive market practice; identify gaps and opportunities and recommend enhancements to ensure we are market competitive.
- Plans and develops annual salary budgeting and provide guidance of total compensation planning for managers in alignment with Global guidance as well as supports regular off cycle pay reviews.
- Supports communication of total rewards programs to enhance the perceived value of the programs.
- Partners with HR Business Partners on the day-to-day compensation actions including; pay adjustments, promotions, offer salary, demotion, job reclassifications to ensure consistency with global guidelines
Position Impact, Decision Making
N/A, individual contributor
Positions to Supervise: N/A
Qualifications, Knowledge, Experience, Skills
Required Qualifications：
- At least 7 years of experience in Compensation & Benefits or related functions in HR in a multinational environment
- Collaborative team player, comfortable working with multiple stakeholders within and outside of Japan
- Familiar with HR Systems e.g. WorkDay.
- Strategic and logical thinking
- Project management skill
- Strong analytical skills with data management.
- Good communication in Japanese and in English(Business level)
- Execution Excellence
- Business Savviness
Desired :
- Experience in other HR functions, such as payroll & operations, labor relations, HR generalist, etc.
- Experience working in large MNC, or HR consulting companies (such as Mercer, Willis Towers Watson, Korn Ferry etc.)
Tertiary Qualifications:
Position requirement: Bachelors degree
Knowledge
- Compensation philosophy, total reward concepts
- Base pay management
- Incentive planning including sales incentives
- Benefit programs and perks
- Retirement pension plans
- Global compensation operating models
- Japanese labor law
- HR systems (Workday is plus)
- Labor cost analysis
- Pharmaceutical industry and healthcare environment
- Financial and compliance knowledge
- Corporate / Head office environment
Current Employees apply HERE
Current Contingent Workers apply HERE
Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
Employee Status:
Regular
Relocation:
No relocation
VISA Sponsorship:
No
Travel Requirements:
No Travel Required
Flexible Work Arrangements:
Remote Work, Telecommuting
Shift:
Not Indicated
Valid Driving License:
No
Hazardous Material(s):
