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Labcorp is a leading global life sciences company that advances patient health and powers clear, confident decisions. Labcorp is seeking remote Sr. Manager, Compensation Strategy & Analytics to join our team! The Senior Manager, Compensation Strategy & Analytics partners with senior leaders to help shape enterprise compensation strategy through advanced analytics and executive-level insights. The role focuses on solving complex compensation questions, translating business strategy into data-driven recommendations, and enabling confident leadership decisions. This position drives commercial strategy and incentive effectiveness across Diagnostics by delivering enterprise-level insights, improving return on incentive investment, and ensuring compensation programs align with business priorities, growth objectives, and governance standards.
Job Responsibility
Lead compensation initiatives at division level that support growth, transformation, and workforce effectiveness
Assess compensation risks, trade-offs, and opportunities
provide clear recommendations grounded in data and market insight
Contribute to compensation philosophy, governance frameworks, and decision guidelines
Lead development of compensation and workforce analytics used in executive reviews, planning cycles, and leadership decision-making
Create executive-ready materials that synthesize complex data into concise insights, implications, and recommended actions
Build scenario models and forward-looking analyses to support strategic decisions (e.g., growth, restructuring, pay positioning)
Integrate compensation data with financial and workforce inputs to support enterprise planning discussions
Support strategic pay equity and pay transparency analyses in partnership with Legal and HR
Ensure compensation insights and recommendations are defensible, compliant, and aligned with governance standards
Monitor external market, regulatory, and talent trends and assess impact on compensation strategy
Act as a trusted advisor to HR Business Partners and functional leaders on complex compensation topics
Partner with Compensation Operations and HR Analytics to ensure strategic insights are scalable and actionable
Mentor and guide analysts or managers contributing to compensation analytics and insights
Requirements
Bachelor's Degree
5 or more years of experience in sales analytics and strategic planning
Nice to have
1 or more years' experience designing or advising on sales compensation and incentive programs
1 or more years' experience using Alteryx, Access Database or Power Apps
1 or more years' experience with advanced excel skills, including XLOOKUP, VLOOKUP etc.
1 or more years of experience analyzing large data sets and translating insights into actionable recommendations to influence leadership decisions
Current or prior Labcorp employee
Experience with compensation tool, specifically Varicent