Manager, Compensation

4 weeks ago

Copenhagen, Denmark Genmab Full time

At Genmab, we’re committed to building extra[not]ordinary futures together, by developing antibody products and pioneering, knock-your-socks-off therapies that change the lives of patients and the future of cancer treatment and serious diseases. From our people who are caring, candid, and impact-driven to our business, which is innovative and rooted in science, we believe that being proudly unique, determined to be our best, and authentic is essential to fulfilling our purpose.

Role and Department

As the Compensation & Benefits Manager for Europe at Genmab, you will play a vital role in developing, implementing, and managing various compensation and benefits programs for our European employee base. Reporting directly to the Director of Compensation & Benefits Europe, you will utilize your expertise to ensure our offerings are competitive, equitable, and aligned with organizational goals. This is more than a role, it's your chance to weave your expertise into the fabric of our success, ensuring our team feels valued, motivated, and primed for excellence. 

This role can be based in either Copenhagen, Denmark or Utrecht, the Netherlands. 

Responsibilities
 

Compensation: 

Take on a pivotal role in steering our compensation and benefits landscape. You'll orchestrate the annual cycle of merit increases, bonuses, and promotions, ensuring our offerings are competitive and equitable. Dive deep into market surveys to benchmark Genmab's compensation, evaluating job levels and salary frameworks that mirror market realities and internal fairness. Champion the administration of our equity programs and develop pay policies that reward and inspire excellence across the board. 

 

Other responsibilities involve: 

  • Educate and collaborate with HR Business Partners and Business Leaders on compensation decisions. 

  • Stay informed about market trends and recommend updates to compensation strategies. 

  • Collaborate with external consultants and HR partners to guide compensation initiatives. 

 

Benefits: 

In the dynamic world of HR, our commitment to enhancing employee well-being is reflected through our strategic approach to benefits management. Key to our approach is the development and seamless implementation of comprehensive benefits strategies that align with our team's needs and organizational goals. This involves: 

  • Manage vendor relationships and address issues as they arise. 

  • Provide support to payroll for benefits analysis and processing. 

  • Ensure compliance with local employment laws and regulations. 

  • Update and maintain employee handbooks for compliance. 

 

Furthermore, we are always on the lookout to identify and create new policies that meet the evolving needs of our workforce. Maintaining strong relationships with HR technology vendors allows us to leverage the latest innovations, significantly improving the efficiency of our people team. Through these concerted efforts, we aim to foster a supportive and empowering environment for all employees. 

Requirements

  • Bachelor’s degree in business administration, Finance, Human Resource Management, Legal, or related field. 

  • 5+ years of Compensation/Benefits/Finance experience, including job evaluation, market analysis and pay structures, preferably in Life Sciences/Biotech. 

  • Proficiency in Workday or similar HRIS system. 

  • Strong Microsoft Excel / BI skills. 

  • Experience developing compensation strategies and rolling out special projects. 

  • Demonstrated project management and organizational skills, preferably with CCP certification. 

  • Deep analytical skills with the ability to translate data into insights. 

 

We value the following skills in our ideal candidate: 

  • Effective communication and stakeholder influence. 

  • Self-motivation with the ability to work independently. 

  • Passion for helping people and making impact. 

  • Comfortable in a fast-paced environment. 

About You

  • You are passionate about our purpose and genuinely care about our mission to transform the lives of patients through innovative cancer treatment
  • You bring rigor and excellence to all that you do. You are a fierce believer in our rooted-in-science approach to problem-solving
  • You are a generous collaborator who can work in teams with diverse backgrounds
  • You are determined to do and be your best and take pride in enabling the best work of others on the team
  • You are not afraid to grapple with the unknown and be innovative
  • You have experience working in a fast-growing, dynamic company (or a strong desire to)
  • You work hard and are not afraid to have a little fun while you do so

Locations

Genmab leverages the effectiveness of an agile working environment, when possible, for the betterment of employee work-life balance. Our offices are designed as open, community-based spaces that work to connect employees while being immersed in our state-of-the-art laboratories. Whether you’re in one of our collaboratively designed office spaces or working remotely, we thrive on connecting with each other to innovate.

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