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Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:

+ Career development with an international company where you can grow the career you dream of.

+ Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.

+ An excellent retirement savings plan with a high employer contribution

+ Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.

+ A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.

+ A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position works out of our Abbott Park IL facility.

What You’ll Work On

Abbott’s executive compensation team is seeking a Sr. Compensation Specialist. The right candidate for this role will be highly energetic and ready for a challenge. Candidates should exhibit growth potential while displaying solid skill sets in the analyst/consultant role.

This role will be focused on administering several deferred compensation programs, as well as working on executive compensation projects.

Core Job Responsibilities:

+ Support quarterly and annual deferred compensation administration

+ Prepare program communications for management review and approval

+ Generate distribution lists and distribute open enrollment communications

+ Answer participant questions, research and follow-up as needed with key stakeholders

+ Review plan documents annually and recommend adjustments to management

+ Support day-to-day activities including working with vendors, payroll, finance

+ Ensure feeds occur as scheduled and resolve any discrepancies

+ Establish quality control audits and procedures

+ Complete data audits and testing

+ Ensure funding requirements are met

+ Run audits to ensure tax, demographic, retirement, payroll details are correct

+ Create workflows to resolve any issues. Escalate to management as needed.

+ Create and deliver reports

+ Maintain deferred compensation data in accurate and usable form

+ Maintain key employee lists

+ Ensure plan administration compliance

+ Collaborate with Abbott Treasury, Finance, Payroll, and other internal functions as needed to support deferred compensation administration

+ Work on other executive compensation projects as needed

Required Qualifications

+ Bachelor’s degree required with preference for financial degree. Strong quantitative skills are necessary.

+ Three to five years’ experience in compensation and/or benefits administration, preferred

+ Experience submitting, analyzing, and summarizing data as well as creating and developing reports

+ Detail oriented, with strong, analytical, mathematical, and process skills

+ Highly proficient in Excel and PowerPoint with working knowledge of other MS Office programs

+ Able to solve problems taking into account the customer, strategic, and operational perspectives

+ Able to multi-task and work in an environment with multiple deadlines

+ Able to work effectively, both independently and as part of a team, with initiative and accuracy

+ Strong interpersonal skills to establish and maintain relationships with internal and external partners

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott, and on Twitter @AbbottNews.

The base pay for this position is $75,300.00 – $150,700.00. In specific locations, the pay range may vary from the range posted.

An Equal Opportunity Employer

Abbot welcomes and encourages diversity in our workforce.

We provide reasonable accommodation to qualified individuals with disabilities.

To request accommodation, please call 224-667-4913 or email [email protected]