Senior Analyst – Compensation at Stryker

Amsterdam, North Holland, Netherlands

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Bachelor degree
Good knowledge of compensation principles and practices
2+ years’ experience in Human Resources or related field
1+ years of experience working in Compensation specifically
Strong analytical and problem-solving skills
Ability to manage multiple priorities while delivering on established timelines
Exercise independent judgment
Strong communication skills
Must be able to understand and work within a complex matrix organization
Demonstrated excellence in Microsoft Office (Excel, Word & PowerPoint)
Preferred: Power BI knowledge

Responsibilities

Respond to compensation queries from stakeholders in a timely and insightful manner
Ensure a structured archiving of questions and answers
Identify query trends and potential resulting improvements to processes/guidelines
Support stakeholders with job evaluations
Support the integration of newly acquired companies into the organization
Assist in the development of compensation tools to support different compensation processes (e.g. grading, benchmarking)
Review operational processes and provide inputs for improvement
Assist in implementing new tools, systems and processes across specific parts of the business from a compensation perspective
Train stakeholders in the use of compensation tools and C&B processes
Support and analyze current local compensation practices and harmonize
Create and maintain Standard Operating Procedures
Work with stakeholders to ensure clear understanding of compensation programs and ensuring excellence in their delivery
Prepare data submissions for salary surveys in our region
Keep track of survey data requirements and availability
Review survey matches / changes by survey providers
Maintain market pricing software setup for our regions and update benchmark data if required
Support annual merit process (system enhancements, testing, build)
Support annual bonus process (system enhancements, testing, build)
Support annual equity process (system enhancements, testing, build)
Maintain salary structures and geographic differentials
Work together with MyHR and other stakeholders to keep HRIS (WorkDay) up-to-date and aligned with compensation practices
Review and approve offers and other compensation requests
Maintain compensation grade profiles
Review data consistency and work with Data Governance to resolve
Create compensation data load files for systems team
Assist in providing high quality analytics
Participate in HR projects where compensation analyses are involved
Support Compensation Business Partners and provide expert solutions where reward is involved
Support job evaluation process
Other duties as assigned

Skills

Job Evaluation

Market Pricing

Salary Surveys

Benchmarking

Data Analysis

Compensation Tools

Merit Process

Standard Operating Procedures

Compensation Queries

Process Improvement

Stryker

Develops and manufactures medical devices and equipment

About Stryker

Stryker develops and manufactures medical devices and equipment aimed at improving patient care and surgical efficiency. Their products include surgical tools, neurotechnology devices, and orthopedic implants, which are sold directly to hospitals and clinics. Stryker stands out from competitors by focusing on high-quality products and a commitment to advancing healthcare solutions. The company's goal is to enhance the overall healthcare experience for both patients and medical professionals.

Kalamazoo, MichiganHeadquarters

1941Year Founded

$423.3MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Medical & prescription plans

Supplemental health benefits

Flexible Spending accounts

Employee Assistance Program

Short-term & long-term disability

Tuition reimbursement

401(k) plan

Employee Stock Purchase Plan

Risks

Integration challenges from acquisitions may strain Stryker's resources.

Rapid tech advancements risk obsolescence of Stryker's current products.

Regulatory scrutiny on acquisitions could delay Stryker's market entry.

Differentiation

Stryker's acquisitions enhance its minimally invasive surgical solutions portfolio.

Entry into the peripheral vascular segment diversifies Stryker's market presence.

Stryker's focus on AI integration boosts diagnostic accuracy and operational efficiency.

Upsides

Growing demand for minimally invasive solutions aligns with Stryker's strategic acquisitions.

The orthopedic implants market growth benefits Stryker's expanding product line.

Stryker's acquisition of Inari Medical positions it in a high-growth vascular market.

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