About the role
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 122,000 colleagues serve people in more than 160 countries. JOB DESCRIPTION: Working at Abbott At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life.
You’ll also have access to: Career development with an international company where you can grow the career you dream of. Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year. An excellent retirement savings plan with a high employer contribution Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune. A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists. The Opportunity This position works out of our Abbott Park, IL location in the CHR Corporate Human Resources division. As the Manager of Executive Compensation, the incumbent will provide executive compensation subject matter expertise for Abbott’s corporate officers.
What You’ll Work On Lead the development, analysis and execution of executive compensation programs in order to support the Company’s objectives to attract, retain and reward Abbott’s senior most leaders. Responsible for the development of all materials for the Compensation Committee meetings. Perform internal/external data analysis, interpret findings, develop and present proposals/recommendations to senior leadership.
Conduct ongoing competitive analysis of executive compensation and pay components by benchmarking against industry and proxy peers and present findings in a concise and constructive manner Serve as the subject matter expert on a variety of topics including but not limited to: grantor trust administration, officer appointments and retirements, proxy advisor modeling, officer goal setting/scoring and more Manage the administration of Abbott’s non-qualified deferred compensation plans Required Qualifications Bachelor’s degree in HR, Business Administration, Economics, Finance or relevant field
5+ years overall work experience in a relevant field including, but not limited to: project/program management, executive compensation or broad-based compensation Demonstrated ability to work independently, manage priorities and project timelines, anticipate needs and determine next steps. Advanced skills with Microsoft Office and project management tools. Demonstrated ability to work through teams and interact at all organizational levels including key stakeholders and senior management.
Demonstrated excellence in organizational and time management, problem-solving, influencing, communication, and analytical skills. Preferred Qualifications Experience administering deferred compensation plans Master’s degree (or MBA) in HR, Project Management, or relevant field 3+ years Executive Compensation experience preferred Certified Compensation Professional (CCP) designation Experience administering compensation plans and market pricing/benchmarking Experience with large, global organization In-depth knowledge of rewards theory, trends, best practices, laws/regulations.
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity. Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott, and on Twitter @AbbottNews. The base pay for this position is $99,300.00 – $198,700.00 In specific locations, the pay range may vary from the range posted.
JOB FAMILY: Compensation & Benefits DIVISION: CHR Corporate Human Resources LOCATION: United States > Abbott Park : AP06B ADDITIONAL LOCATIONS: WORK SHIFT: Standard TRAVEL: Yes, 5 % of the Time MEDICAL SURVEILLANCE: No SIGNIFICANT WORK ACTIVITIES: Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday) Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential — because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions — across the spectrum of health, around the world, for all stages of life.
Whether it’s next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of life’s greatest health challenges.
We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce. Follow Us: Facebook LinkedIn YouTube Twitter
Minimum requirements
- Bachelor’s degree in HR, Business Administration, Economics, Finance, or related field with 5+ years relevant experience
- Proven ability to work independently, manage priorities, and interact with senior management
- Advanced Microsoft Office and project management skills with strong organizational, analytical, and communication abilities
This listing was parsed by AI and may not be complete. Check the official posting on Abbott's site for the most accurate information.