Job Title: Compensation Analyst

Job Description

As a Compensation Analyst, you will provide professional and technical expertise in designing and supporting compensation projects and programs, ensuring compliance with audit and regulatory requirements. You will manage and drive compensation projects, overseeing assigned areas, and performing design and analysis to meet project goals and timelines. Mentoring junior team members and ensuring smooth implementation by transferring designs to the compensation delivery department is a key aspect of this role.

ResponsibilitiesProvide professional and technical expertise in designing and supporting compensation projects and programs, ensuring compliance with audit and regulatory requirements.Manage and drive compensation projects, overseeing assigned areas, and performing design and analysis to meet project goals and timelines.Mentor junior team members and ensure smooth implementation by transferring designs to the compensation delivery department.Monitor compliance, cost, and performance of program designs.Research and analyze emerging trends, best practices, and costs, generating insights and recommending program changes to align with key stakeholders.Advise the compensation compliance and delivery team on programs, policies, and guidelines to ensure understanding and smooth implementation.Serve as the primary contact for compensation design matters, liaising with key stakeholders including IT, Finance & Payroll, Mobility, Overseas Compensation, external vendors, other entities, and Headquarters TRD to support cross-functional efficiency and alignment.Develop complex spreadsheets, perform compensation and data analytics, and gather stakeholder feedback to recommend solutions for unique business challenges.Create data models with alternative design options and cost impacts.Conduct extensive qualitative and quantitative analysis on pay structures and programs, including annual market analysis, incentive analysis, job leveling, benchmark assessment, cost/benefit analysis, compliance, pay equity, and organizational impact.Develop, audit, and maintain complex Excel reports to support data analysis. May support the delivery center on some programs.Ensure company compliance with relevant audits, laws, and regulations. Maintain current and required documentation for policies, procedures (SOPs), controls, and plans.Essential SkillsExpertise in workers' compensation, compensation program design, and compensation analysis.Experience within semiconductor manufacturing, technology manufacturing, or scientific lab manufacturing environment.Advanced Excel and MS Suite skills.Bachelor's degree in Business, Human Resources, Psychology, or related field.At least 3+ years of tenure at previous companies.Proficiency in cost analysis, compensation data, pay structure, cost impacts, and stakeholder management.Experience with audit and compliance processes.Familiarity with HRIS, recruitment, and HR systems like PeopleSoft, Workday, and Paychex.Additional Skills & QualificationsExperience in compensation program design and implementation.Ability to work in a start-up environment or having re-worked a company's compensation program in the past.5+ years of experience within manufacturing and multiple groups and skill sets (Tech, assemblers, engineers, HR, and corporate function compensation experience).Super user of Excel, capable of creating pivot tables, advanced formulas, manipulating large datasets, and creating dynamic dashboards.Experience working with many skill sets within semiconductor manufacturing to create pay and compensation ranges for each division.Experience writing new compensation programs for a global company.Work Environment

This is an in-office job 5 days a week, with flexibility when needed, but you will need to be on-site with the team. No personal cell phones are allowed on-site; a work cell phone will be provided. The dress code is casual business attire with closed-toed shoes. The compensation team is divided into the Design side and the Delivery side, with a total of 4 people on the Delivery side and this addition will make 3 on the Design side.

Pay and Benefits

The pay range for this position is $115000.00 - $130000.00/yr.

offers employees a choice of two medical plans and dental plans. Group medical plan options are through Regence Blue Cross/Blue Shield or Kaiser Permanante. Dental plan options are through Dental Service or Kaiser Permanente.

PTO, Holiday pay

Workplace Type

This is a fully onsite position in Phoenix,AZ.

Application Deadline

This position is anticipated to close on Feb 14, 2025.

About Actalent

Actalent is a global leader in engineering and sciences services and talent solutions. We help visionary companies advance their engineering and science initiatives through access to specialized experts who drive scale, innovation and speed to market. With a network of almost 30,000 consultants and more than 4,500 clients across the U.S., Canada, Asia and Europe, Actalent serves many of the Fortune 500.

Diversity, Equity & Inclusion

At Actalent, diversity and inclusion are a bridge towards the equity and success of our people. DE&I are embedded into our culture through:

Hiring diverse talent Maintaining an inclusive environment through persistent self-reflection Building a culture of care, engagement, and recognition with clear outcomes Ensuring growth opportunities for our people

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email actalentaccommodation@actalentservices.com for other accommodation options.