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US Head of Compensation and Benefits - San Diego, CA, United States - ASML Germany GmbH
Description
ASML US brings together the most creative minds in science and technology to develop lithography machines that are key to producing faster, cheaper, more energy-efficient microchips.
We design, develop, integrate, market and service these advanced machines, which enable our customers - the world's leading chipmakers - to reduce the size and increase the functionality of their microchips, which in turn leads to smaller, more powerful consumer electronics.
Our headquarters are in Veldhoven, the Netherlands, and we have 18 office locations around the United States including main offices in Chandler Arizona, San Jose and San Diego California, Wilton Connecticut, and Hillsboro Oregon.
The US Head of Compensation and Benefits (C&B) is responsible for the overall management of the US compensation and benefit programs including the compensation philosophy, policies, and practices.
This position ensures compensation programs are consistently administered in compliance with policies and governmental regulations.The US Head of C&B also provides general oversight and guidance to the US Internal Mobility office which is a component of the C&B organization.
Analyzes salary survey data, market trends, and competitive practices and make recommendations to management regarding individual and organizational salary adjustments, merit budgets, structure adjustments, and incentive and equity eligibility levels.
Evaluates grade level structure for base, incentive, and equity compensation on an annual basis and making recommendations when necessary.
Drives buy in with business leaders and other relevant stakeholders to potential change in cash, equity pay, and benefit strategies driven by business needs and changing market conditions.
Works closely with Global C&B leader in developing a differentiated total rewards strategy to help ASML achieve its targeted growth and continuously aligned with its business objectives.
Advises/consults w/ company leadership and HRBP's on pay decisions, policy and guideline interpretation, and job evaluation including the design of creative solutions to specific compensation-related programs.
Close Strategic Partnering with US HRBP's and business leaders to ensure employee understanding of salary administration, incentive and equity programs, and performance management through training programs and regular communications.
Develops specific and effective communication plans for both compensation and benefits (policy features, eligibility, enrollment).Understands the legal issues around compensation and benefits and develops and implements appropriate programs to ensure compliance.
Tracks and reports on financial benefits and performs additional investigations and analyses regarding best cost options.
Evaluates and compares existing benefits plans with those of other employers by analyzing other plans, surveys, and other sources of information.
Plans, develops, and/or participates in area and industry surveys. Analyzes results of surveys and develops specific recommendations for review by management.Participates in global initiatives to harmonize C&B policies, programs and administration where possible.
Requires a Bachelor's Degree in Human Resources or related field. Master's degree or MBA highly desirable.
~Experience in the Semiconductor or Technology industry is strongly desired.
~ Cloud based HRIS experience and knowledge of HAY leveling structure desired.
~ The ability to translate and statistically analyze data, and effectively report problems through written and/or graphical formats.
Excellent relationship building skills. An ability to use excel, MS Word, PowerPoint, and electronic e-mail systems
EOE AA M/F/Veteran/Disability
Diversity and inclusion
It is the policy of the company to recruit, hire, train and promote persons in all job titles without regard to race, color, religion, sex, age, national origin, veteran status, disability, sexual orientation, or gender identity.
We recognize that diversity and inclusion is a driving force in the success of our company.