June 2015: Insight and Tools to Meet Your Compensation Benchmarking Needs
All members of HR BioTech Connect are invited to attend our group meeting on June 3rd, 2015. Representatives from Mercer will be on hand to present on the topic of “Insight and Tools to Meet Your Compensation Benchmarking Needs”.
Wednesday, June 3rd, 2015
Theme: “Insight and Tools to Meet Your Compensation Benchmarking Needs”
8:30 a.m. – 9:00 a.m.
9:00 a.m. – 10:30 am
|Speakers: Stephen Mork, Partner at Mercer and Tanaz Moazami, Principal at Mercer|
|RSVP and Location: To reserve your seat and to receive location information, please contact Jeanne Nicholson.|
As organizations look to improve their employee recruitment and retention efforts, it has become more important than ever before to benchmark your compensation structure. To help HR BioTech Connect members in that regard, we are pleased to have two distinguished representatives from Mercer deliver a presentation on this topic at our group meeting in June.
Stephen Mork, Partner at Mercer, and Tanaz Moazami, Principal at Mercer, will spend time reviewing recent trends in compensation, using current data from their SIRS Benchmarking survey. They will also speak about common compensation issues, specifically in regards to the BioTech and Life Sciences industry.
In addition, they will be introducing a new, alternative solution that may meet the needs of your business. They are offering a new Life Sciences Pre-IPO/IPO compensation survey in 2015. It will provide a “lite” version using the SIRS survey (which houses some of the largest US Life Science companies) methodologies, but with a smaller price tag to help companies moving into/or recently moved into the public sector with any compensation challenges they may be facing.
The survey will contain over 40 Executive, Management and Professional Science positions.
Their background and expertise in the Life Science sector may help private and recently public companies find appropriate talent at the appropriate cost using competitive pay analysis in the Life Sciences sector. Organizations need data now to prepare for the future, whether they expect growth in the private sector or after their public offering.
To register for this event and to receive location information, please email Jeanne Nicholson at JNicholson@CBGBenefits.com.
Stephen Mork, Partner at Mercer: Stephen advises global companies in developing executive compensation, broad-based compensation, benefits and global mobility strategies on a multi-country basis within a total rewards framework. He has authored articles in various European and American HR publications and has been a speaker at numerous industry conferences and has been quoted in the New York and Financial Times. His clients range from multinational Fortune/FTSE 500 companies to ones privately held representing a broad range of industries, including financial services, consumer products, pharmaceuticals and technology organizations. Specific sector experience includes pharmaceutical companies, notably Merck, Astra-Zeneca and Bayer.
Tanaz Moazami, Principal at Mercer: Tanaz is responsible for providing client support and compensation analysis to North America clients and aiding in the development of the North America surveys, as well as conducting on-site client visits, providing market-pricing and job-slotting recommendations, and analyzing pay data. She has earned the designation of Certified Compensation Professional from WorldatWork. She provides leadership and direction to Mercer’s North American products specially in the Life Sciences industry. She also manages the SIRS compensation survey, client relationships, and the design and production of custom reports to meet client needs.