INGENYX-Senior Compensation and Benefits Manager (Raleigh, NC, US)
Expected Travel : Up to 10%
Requisition ID : 14300
Ingenyx proudly launched as a new, independent company following its divestiture from Teleflex on August 3, 2026.
Ingenyx is a leading global provider of product development and production services for medical device manufacturers. We set ourselves apart with deep expertise, decades of experience, a dedication to design for manufacturability, and extensive, in-house capabilities, which include engineering, regulatory services, material selection and formulation, prototyping, manufacturing, assembly and packaging. We deliver industry-changing innovations and next-generation solutions for extrusions; diagnostic and interventional catheters; balloons and balloon catheters; sheath/dilator sets; specialty sutures, braids and fibers; and bioabsorbable sutures, yarns and resins. Join a dynamic, growing team that offers healthcare providers an array of medical technology solutions that make a difference in patients’ lives.
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Position Summary
The Senior Compensation & Benefits Manager is responsible for the strategic design, implementation, administration, and continuous improvement of the Company's global compensation and benefits programs. This role ensures that compensation and benefit offerings are competitive, equitable, cost-effective, and aligned with the Company's business objectives while maintaining compliance with applicable laws and regulations.
The Senior Compensation & Benefits Manager partners closely with Human Resources, Finance, Payroll, Legal, and business leaders to develop compensation strategies that attract, motivate, and retain top talent.
Principal Responsibilities
Compensation
- Develop and implement the Company's compensation philosophy and strategy.
- Design, administer, and evaluate base salary, incentive and variable pay, reward and recognition programs.
- Participate in the design and review of Sales Incentive/Commission programs.
- Lead annual compensation planning activities, including salary increases, incentive payouts, and promotional adjustments.
- Conduct market pricing analyses using compensation surveys and benchmarking tools.
- Recommend salary structures, pay grades, and geographic differentials.
- Ensure internal equity and external competitiveness.
- Perform pay equity analyses and recommend corrective actions where appropriate.
- Provide compensation guidance for promotions, transfers, reorganizations, acquisitions, and new hires.
- Support the HR team in developing competitive compensation offers.
- Develop executive and leadership compensation recommendations.
Benefits
- Develop and oversee the Company's health, welfare, retirement, wellness, leave, and voluntary benefit programs.
- Manage relationships with brokers, consultants, carriers, and third-party administrators.
- Lead annual benefits renewal and open enrollment processes.
- Evaluate benefit plan effectiveness and employee utilization.
- Recommend plan changes to improve employee experience while managing costs.
- Monitor vendor performance and negotiate contracts.
- Support employee education and communication regarding benefit offerings.
- Monitor compensation trends and recommend program enhancements.
Compliance
- Take a lead role in internal benefits and compensation committees.
- Ensure compliance with all applicable federal, state, and local employment laws and regulations, including but not limited to:
- Fair Labor Standards Act (FLSA)
- Equal Pay Act
- ERISA
- COBRA
- HIPAA
- Affordable Care Act (ACA)
- Internal Revenue Code provisions applicable to employee benefits
- Wage and hour regulations
- Pay transparency requirements
- State leave laws
- Coordinate compensation and benefits audits.
- Maintain required documentation and reporting requirements
- Participate in mergers, acquisitions, divestitures, and due diligence activities.
Employee Mobility
- Develop, administer, and over