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Reporting to the Chief People Officer, the Director of Total Rewards will oversee Cogent's total rewards strategy and framework which include all benefits and compensation. The role will be responsible for ensuring that all total rewards programs are best in class, market competitive, and strategically aligned with Cogent's values, positive culture principles. Having a robust and attractive total rewards program is paramount in ensuring a positive and rewarding employee experience at Cogent. The ideal candidate will have deep compensation experience as well as experience with benefits and the systems that support these programs. The role also serves as a member of the People leadership team. Bring your inquisitiveness, initiative and joy while work with all members of the People team, with cross-functional teams and key stakeholders across the Company. This role should be local to the Waltham, MA office with the benefit of a hybrid schedule/environment.
Compensation
- Develop and drive the organization’s compensation philosophy
- Conduct market analysis and benchmarking to ensure competitive pay practices
- Oversee job evaluations, salary structures, incentive plans, and annual compensation reviews
- Manage bi-annual Pay Equity analysis and compensation reviews using Pave (HRIS)
- Ensure compliance with local labor laws and regulations regarding compensation
- Drive transparency and education to employees
- Executive Compensation exposure/opportunity
- Partner with Commercial teams on designing and implementing sales incentive plan
Benefits
- Oversee employee benefits programs including health, dental, vision, life, disability, recognition, wellness, deferred compensation and relocation benefits by leveraging external vendors
- Annual evaluation to ensure high-quality and competitive health and wellness offerings
- Monitor benefits trends, analyze utilization and recommend enhancements to improve employee satisfaction and retention
- Manage annual open enrollment activities, including system readiness, communication/training strategy and issue resolution
- Lead and coordinate benefits-related audits, including regulatory compliance (ERISA, ACA, COBRA)
- Maintain benefits documentation, policies, and candidate/employee-facing resources
Experience
- Minimum of 5 year’s experience in biotech or pharma compensation
- Title is negotiable, but dependent on experience
- Experience with benefits preferred, but not mandatory
- Professional certifications such as CCP (Certified Compensation Professional) or GRP (Global Remuneration Professional) preferred, but not mandatory
Cogent Biosciences Cambridge, Massachusetts, USA Office
200 CambridgePark Drive,, Cambridge, MA, United States, 02140
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