Phathom Pharmaceuticals - Florham Park, NJ

posted 3 months ago

Full-time - Senior
Hybrid - Florham Park, NJ
Professional, Scientific, and Technical Services

About the position

Phathom Pharmaceuticals is seeking a Total Rewards & HR Operations Manager to join our dynamic team in Florham Park, NJ. This full-time position offers a competitive salary range of $120,000 to $140,000 annually. As a biopharmaceutical company dedicated to developing innovative treatments for gastrointestinal diseases, we are looking for a self-motivated individual who thrives in a fast-paced environment and is passionate about enhancing employee experiences through effective compensation strategies. The Total Rewards & HR Operations Manager will play a crucial role in shaping our compensation practices to attract, motivate, and retain top talent while aligning with our business goals and values. In this role, you will oversee the day-to-day administration of employee benefits, including health insurance, retirement plans, and wellness programs. You will collaborate closely with the HR team to ensure the seamless delivery of benefits and compensation programs, proactively resolving any issues that may arise. Leading wellness initiatives will be a key responsibility, where you will plan, implement, and evaluate programs that enhance employees' health and wellbeing. Additionally, you will conduct competitive analyses and recommend modifications to maintain the company's competitive position in the market. Your expertise will be essential in managing salary planning and incentive programs, ensuring compliance with legal requirements while operating within budget constraints. You will also manage the administration of equity programs, maintaining accurate records of equity holdings and transactions. As a subject matter expert in compensation-related topics, you will advocate for equitable compensation practices and promote transparency across the organization. This hybrid position requires some in-office presence, allowing you to engage directly with our team and contribute to our mission of improving the quality of life for patients.

Responsibilities

  • Oversee the day-to-day administration of employee benefits, including health insurance, retirement plans, wellness programs, and other related benefits.
  • Collaborate with HR team to ensure seamless delivery of benefits and compensation programs and proactively resolve any issues that may arise.
  • Lead wellness initiatives to further enhance employees' health and wellbeing.
  • Plan, implement, and evaluate wellness programs, coordinating with key partners on programs, projects, and initiatives.
  • Conduct competitive analysis and recommend modifications or new plans to maintain the company's competitive position.
  • Partner with HR and business leaders to understand role requirements, providing guidance on compensation recommendations, policy interpretations, and job evaluations.
  • Manage salary planning and incentive programs, ensuring they operate within budget and comply with legal requirements.
  • Manage the day-to-day administration of equity programs, including grants, exercise, vesting, releases, and forfeitures.
  • Maintain accurate and up-to-date records of equity holdings, exercises, and grants.
  • Manage relationships with the stock plan administrator to ensure that all equity transactions are accurately processed in a timely and efficient manner.
  • Manage compensation projects, including annual salary reviews, bonus cycles, and long-term incentive awards, ensuring they are accurate and on time.
  • Advocate for and deploy equitable compensation practices, promoting equity and transparency across the organization.
  • Serve as a subject matter expert in the design and delivery of compensation-related topics, enhancing knowledge and appreciation of Phathom's total rewards package.

Requirements

  • Bachelor's degree required.
  • 5 or more years of experience with an emphasis on compensation and equity plan administration.
  • Experience in HR operations and employee services is a plus.
  • Strong critical and creative problem-solving skills with the ability to multi-task and prioritize effectively.
  • Proven ability to manage projects with strategic speed and precision, demonstrating determination and adaptability.
  • Excellent interpersonal, collaboration, written, verbal, and visual communication skills.
  • Proven ability to successfully manage projects and timelines, organizing and tracking complex information.
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