Compensation Consultant III

Job Description Responsible for assisting in the development, implementation, and administration of compensation programs, policies, and procedures. Ensures compensation plans are competitive, equitable and meet business needs. Facilitates manager education in the effective use of compensation. Essential Duties and Responsibilities Supports the annual compensation review, completes survey submissions, bonus modeling, and salary increase budget analyses Consults on internal and external job offers to ensure starting pay is aligned with candidate competencies Ensures accuracy of job-related data in HRIS, approves compensation adjustments and/or job changes Evaluates various roles determining leveling, competitive value and ensuring jobs are compliant with FLSA designations Responsible for market pricing various jobs and analyzing competitive market data to ensure a competitive market position May review internal equity and prepare proposals to management on pay adjustments Participates in the design and administration of company-wide programs related to base pay, incentive pay, and long-term incentives Develops communication/educational materials and conducts training sessions Partners with business clients to understand and support their business objectives by providing analytical support, consulting, and compensation advice Performs all other duties, as assigned Supervisory and/or Leadership Responsibilities None. Knowledge, Skills and Abilities Intermediate knowledge of Microsoft office with advanced knowledge of excel Knowledge of Workday HRIS System preferred Intermediate to advanced knowledge of compensation principles including survey data, market analysis, merit budgeting Intermediate knowledge of short and long-term incentive plan design Skilled in identifying, analyzing, and resolving problems Skilled in establishing and maintaining good working relationships with business leaders Ability to communicate effectively verbally and in writing Ability to listen and understand information verbally and in writing Minimum Qualifications – (Education, Experience, Certification, & Licensure) Bachelor’s degree or equivalent combination of related functional experience Minimum 5 years compensation experience preferably with some consulting experience Certified Compensation Professional (CCP) designation or similar certification preferred but not required Physical Demands and Work Environment The physical demands described here are representative of those that must be met to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. May be required to stand; reach with hands and arms, stoop and kneel May be required to sit for long periods of time May be required to lift, carry, push, pull or move up to 15 pounds Typically working within an office setting which may be noisy and distracting Diversity creates an innovative culture. TEL US is an Equal Employment Opportunity /affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law. #J-18808-Ljbffr Tokyo Electron US