Executive Compensation Specialist (New Health Care Company)

Job Description:

Executive Compensation Specialist (New Health Care Company)

3M is establishing two industry-leading companies, creating value through the spin-off of its Health Care business, while 3M will continue to be a global material science leader, focusing our innovation to win in favorable global megatrends and attractive end markets. This new Health Care Company will be a leading global diversified health technology company with:     

• Proven category leadership  
• Exposure to attractive end-markets  
• Innovation mindset driving improved patient outcomes  
• Collaborative customer relationships  
• Deep global regulatory experience  
• Operational excellence and strong cash flow  
• Strong sales growth and profitability with significant recurring sales  

We expect the creation of the two companies will be completed by the end of 2023. For now, we will continue to operate as one global company. This role is positioned to drive the success of the "New Health Care Company”.  

This position provides an opportunity to transition from other private, public, government or military experience to a 3M career.

The Impact You’ll Make in this Role

As an Executive Compensation Specialist, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by:

• Providing executive compensation counsel and consulting with business management on implications of decisions relating to executive appointments.
• Leading the compilation, production and dissemination of Compensation Committee meeting materials and coordination of meetings.
• Leading the development, review, and approval of executive market reference prices through the annual market pricing process.
• Leading the process to confirm and apply salary increases as appropriate for the Executive population.

Your Skills and Expertise 

To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:

• Bachelor’s Degree or higher (completed and verified prior to start) from an accredited university and eight (8) years of human resources or finance experience

OR

• High School Diploma/GED (completed and verified prior to start) and a minimum of fourteen (14) years of experience in human resources   

• Five (5) years of compensation experience in a private, public, government or military environment

Additional qualifications that could help you succeed even further in this role include:

• Master's degree in business or human resources from an accredited institution
• Skills include strong communication skills, both written and verbal, Excel, knowledge of general finance and accounting principles.

Work location:

• Work Your Way Eligible (Employee choice to work remote, on site, or hybrid)

Travel: May include up to 5% domestic/international

Relocation Assistance: May be authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (https://e.g., H1B status).

Supporting Your Well-being 

3M offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope. 

Chat with Max

For assistance with searching through our current job openings or for more information about all things 3M, visit Max, our virtual recruiting assistant on https://3M.com/careers. 

Learn more about 3M’s creative solutions to the world’s problems at https://www.3M.com or on Twitter @https://3M.Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned https://duties.Our approach to flexibility is called Work Your Way, which puts employees first and drives well-being in ways that enable 3M’s business and performance goals. You have flexibility in where and when work gets done. It all depends on where and when you can do your best https://work.Pay & Benefits Overview: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/3M is an equal opportunity employer.  3M  will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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