- Assist in the design and development of compensation philosophy, objectives, and guiding principles that support the organization strategy. Collaborate with global HR team to understand business issues in the development of key objectives and philosophy of compensation programs.
- Advise and makes recommendations to subsidiary and local HRBPs regarding compensation plans and issues. Serve as global consultant to HRBPs, management, and employees on compensation related issues.
- Design, develop, implement, and administer various compensation programs including base, short-term incentive (including sales incentive), bonus, equity, and deferred compensation programs globally. Collaborate with local HR to oversee implementation and communication.
- Design and implement processes for the development of job descriptions and manage the process. Evaluate positions using established market evaluation system for placement into appropriate compensation system. Coordinate global survey participation with local HR to develop local implementation plans. Create and/or maintain international salary structures as needed. Conduct market research; prepares evaluation; and provides recommendation.
- Keep current on new trends and developments in compensation. Responsible for knowing local laws relating to employee compensation programs, partnering with appropriate individuals related to local laws outside the U.S., and periodically reviews compensation policies/plans for conformance. Recommend changes to existing compensation programs/policies and may provide leadership in conducting change.
- Manage and perform total rewards market analysis including competitive market position for current plans including budget recommendations. Develop modeling templates for various compensation analyses.
- Education: Bachelors Degree
- 8 years relevant professional experience in Compensation
- PC expertise and proven problem-solving skills. Working knowledge of all MS Office applications including Word, advanced Excel, and PowerPoint.
- Proven analytical abilities.
- U.S. Person Required: SkyWater Technology Foundry, Inc. subject to the International Traffic in Arms Regulations (ITAR). All accepted applications must be U.S. Persons as defined by ITAR. ITAR defines a U.S. Person as U.S. citizen, U.S. Permanent Resident, Political Asylee, or Refugee.
- Preferred Education: Masters Degree; WorldatWork CCP or other compensation certification
- Strong consulting and verbal/written communication skills.
- Prior experience in a compensation management platform
- Prior experience in Executive Compensation
- Prior experience in Equity Compensation
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Compensation Manager - Minneapolis, United States - SkyWater Technology
Description
Come join our company who is a leader in the Semiconductor industry
Summary:
Oversees the design and administration of SkyWaters compensation programs. Prepares job descriptions, conducts job evaluation and salary surveys, manages salary structures, develops salary budgets and administers policies and procedures to provide equitable and competitive employee compensation. Maintains a working knowledge of federal and state legislation that may affect compensation policies.
Responsibilities:
Required Qualifications:
Preferred Qualifications:
