What are the responsibilities and job description for the Compensation Analyst position at Intel Corporation?
Human Resources at Intel parallels our business - we are innovators and problem-solvers dedicated to finding brilliant minds and developing the incredible teams that create the future. In HR, our passion is helping all Intel employees and teams thrive as they define and deliver the future. Being a part of HR at Intel requires you to be bold, creative, take risks, and bring your best possibility thinking to every challenge.
As a Compensation Analyst in Intel's Total Rewards (TR) organization, you will support compensation program evaluation, analysis, implementation and effectiveness.
Working closely with human resources business partners, compensation consultants, and compensation program designers, you'll run analysis on impacts of various design options, model potential costs, measure effectiveness of current plans, and research market practices. Your work will help the TR organization understand current state, evaluate current and future opportunities, consider critical design implications, and prepare for and support program implementations.
Responsibilities Include, But Are Not Limited To
Minimum Qualifications
As a Compensation Analyst in Intel's Total Rewards (TR) organization, you will support compensation program evaluation, analysis, implementation and effectiveness.
Working closely with human resources business partners, compensation consultants, and compensation program designers, you'll run analysis on impacts of various design options, model potential costs, measure effectiveness of current plans, and research market practices. Your work will help the TR organization understand current state, evaluate current and future opportunities, consider critical design implications, and prepare for and support program implementations.
Responsibilities Include, But Are Not Limited To
- Maintain Intel's compensation structures through collaboration and coordination with partners globally.
- Create and maintain data models, update process documentation and own managing and updating market pricing data and pay structures.
- Analyze and report on Intel's pay competitive position, highlighting opportunities and monitoring industry trends.
- Collaborate with partners and peers worldwide in a way that builds trust in the team's data, processes, and outcomes.
- Build and publish data visualization reports using Power BI for the global consulting community.
- Support compensation program design, including bonus, business group plan design, base pay, and equity via timely and accurate analysis of impacts of design options and cost modeling.
- Research market practices on innovative programs.
- Develops and/or participates in compensation surveys to collect and analyze competitive salary information to determine company's competitive position.
- Reviews proposed pay changes for alignment to guidelines, policies and practices.
- Recommend corrective or alternative actions to resolve compensation related problems.
- Formulate recommendations regarding development of company salary structure, FLSA exemptions, job revisions and organizational structures.
- Review existing and proposed statutory requirements governing compensation administration and recommends appropriate courses of action.
- Administration of domestic and/or international programs.
- Support Intel's market pricing process, including 3rd-party survey data management, peer list development, job matching and survey data analytics.
- Technical expertise in compensation: Experience in compensation benchmarking, market pricing, survey and vendor management, process standardization and compensation analytics, including executive compensation.
- Customer First: Experience in listening to and closely partnering with peers, customers and partners to create and run analyses that meet the customer needs and best drive the expected business outcomes.
- Financial Acumen: Understanding of financial metrics including earnings per share, revenue, net income, stock index.
- Project Management: Program and project management skills with demonstrated success in sustaining process management discipline.
- Communication: Experience communicating data methodologies and concepts to a broad audience including compensation colleagues, business leaders and employees; to tell a story with the data.
Minimum Qualifications
- Bachelor's degree with coursework in math, finance, economics, administration or similar; with 3 years of relevant working experience.
- 3 years of experience in the following:
- Analytics and data visualization: Experience creating dashboards for reporting (i.e., Power BI) and Excel modeling files in alignment with pay strategies and outcomes
- Using data analysis to make recommendations and proposals to respond to that data.