Job Title: Compensation Analyst

Job Description

We are looking for a Compensation Analyst to join our team in Phoenix, AZ. The Compensation Analyst will provide professional and technical expertise in the design and support of compensation projects and programs, ensuring compliance with all audit and regulatory requirements. This role involves driving compensation projects, managing assigned areas, and performing design and analysis to achieve project goals and timelines. The Compensation Analyst will mentor junior team members and ensure the seamless transfer of design to the compensation delivery department.

Responsibilities

• Monitor program design compliance, cost, and performance.
• Research and analyze emerging trends, best practices, and designs, and generate insights to recommend program changes.
• Advise the compensation compliance and delivery team on programs, policies, and guidelines.
• Act as the day-to-day contact on compensation design matters liaising with key stakeholders including IT, Finance & Payroll, Mobility, Overseas Compensation, external vendors, other entities, and headquarters.
• Set up complex spreadsheets and perform compensation and data analytics.
• Collect stakeholder feedback to develop and recommend solutions for unique business challenges.
• Create data models inclusive of alternative design options and cost impacts.
• Conduct extensive qualitative and quantitative analysis on overall pay structure and programs.
• Support key initiatives in alignment with fab growth, including project work for expats, rewards and recognition, localization, and special short-term programs.
• Partner in knowledge transfer with compensation delivery to implement compensation design and strategies.
• Develop and maintain complex Excel reports to support data analysis.
• Support company audits as needed and ensure compliance with relevant laws and regulations.
• Maintain current and required documentation for policy, procedures, controls, and plans.

Essential Skills

• Workers' compensation and compensation program experience.
• Proficiency in Excel, including pivot tables, data models, v-lookup, and formulas.
• Minimum of seven years of compensation experience with at least two years in compensation program design.
• Comprehensive understanding of compensation best practices, audit, and regulatory environments.
• Strong math skills and understanding of statistics and regression analysis.

Additional Skills & Qualifications

• Bachelor’s degree in Human Resources, Business Administration, Finance, Mathematics, or related field.
• Experience in a multi-national corporation or consultancy firm, preferably in semiconductor, hi-tech, or manufacturing/engineering environment.
• Experience with HCM, PeopleSoft, Radford, and WTW surveys is desirable.
• Willingness to learn and utilize macros in Excel.

Work Environment

The work environment is casual in the office, but employees must wear closed-toed shoes. The company offers quality benefits and opportunities for advancement in a large and fast-growing company

Pay and Benefits

The pay range for this position is $115000.00 - $130000.00

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 will be accepting applications until Jan 25, 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.

Salary : $115,000 - $130,000