The below comes from a kindly commenter overnight, along with this observation "All in the face of the 15% reduction in staff! . . .they have to focus now on how best to compensate the Executives?!":
. . . .Consultant, Global Executive Rewards - COM000124
Description: Merck is a global health care leader with a diversified portfolio of prescription medicines, vaccines and consumer health products, as well as animal health products. Today, we are building a new kind of healthcare company - one that is ready to help create a healthier future for all of us. Our ability to excel depends on the integrity, knowledge, imagination, skill, diversity and teamwork of people like you. To this end, we strive to create an environment of mutual respect, encouragement and teamwork. As part of our global team, you'll have the opportunity to collaborate with talented and dedicated colleagues while developing and expanding your career. This position will assist in the development, implementation and communication of executive compensation programs including long-term incentives, financial/tax planning anddeferred compensation. Conducts executive job analysis/evaluations for internal employees or prospective hires and develops compensation recommendations to senior management and seeks appropriate approvals. Performs executive market analysis and structural recommendations. Primary lead for long-term incentive operations including global equity compliance, tracking, approvals and website content. Keeps current on industry trends and reports findings on emerging executive compensation issues. The primary location for this position is Kenilworth, New Jersey and secondary is Whitehouse Station, New Jersey. . . .
The New Merck: We must be sure the top one percent of the house is fully-compensated -- for firing the bottom-two thirds of it.
No comments:
Post a Comment