Compensation Analyst

Compensation AnalystSan Jose, CAJob Title: Compensation AnalystOffice Location: San Jose, CAWork Model: OnsiteAbout SK hynix AmericaAt SK hynix America, we're at the forefront of semiconductor innovation, developing advanced memory solutions that power everything from smartphones to data centers. As a global leader in DRAM and NAND flash technologies, we drive the evolution of advancing mobile technology, empowering cloud computing, and pioneering future technologies. Our cutting-edge memory technologies are essential in today's most advanced electronic devices and IT infrastructure, enabling enhanced performance and user experiences across the digital landscape.We're looking for innovative minds to join our mission of shaping the future of technology. At SK hynix America, you'll be part of a team that's pioneering breakthrough memory solutions while maintaining a strong commitment to sustainability. We're not just adapting to technological change – we're driving it, with significant investments in artificial intelligence, machine learning, and eco-friendly solutions and operational practices. As we continue to expand our market presence and push the boundaries of what's possible in semiconductor technology, we invite you to be part of our journey to creating the next generation of memory solutions that will define the future of computing.About The Role:The Compensation Analyst will play a key part in designing and implementing SK hynix's compensation structure and will provide compelling, data-driven insight to the team. The Compensation analyst will strive for continuous improvement in the processes. This individual must have the ability to be discreet, an effective communicator in influencing hiring managers and leaders, handle sensitive information, and more.Job Responsibilities:Partner with HR leaders and HR Business Partners to drive and ensure the success of SKHYA's compensation programs.Collaborate with staffing team members and align the compensation with SK hynix's practice and philosophy.Act as a Compensation Partner, problem solver, and be a key player in the creation, negotiation, and review of compensation programs.Maintain and diagnose compensation data, pay ranges, and compensation structures, ensuring a balanced compensation gap and equitable compensation.Design company-wide compensation policy, program, and benchmarking from market comp practices.Lead all aspects of the semi-annual performance review cycles and analyze the bonus compensation awarded to employees.Compile ad-hoc analysis data to build and plan continual improvement towards the compensation programs and processes.Utilize effective communication and analytical skills to drive understanding of compensation philosophies and business practices among senior leadership and managers.Requirements:5+ years of Compensation experience, preferably at high-growth company working with Engineering, Production, and/or Manufacturing groups.Bachelor's Degree in Human Resources or equivalent.Experience working with Radford data and ADP WorkforceNow.Strong understanding of broad-based compensation programs (base/bonus/retention/sign-on bonus), pay for performance, benchmarking/market data, job evaluation, etc.Expert level of Microsoft Excel and provide deep insight and strategies based on data driven information to drive successful decision-making.Proven organizational skills with attention to detail and the ability to prioritize and work well in an environment with competing demands.Strong understanding of compensation in the Technology industry.Benefits:Top Tier health insurance at no employee costPaid day offs: Paid Time Off, Company Holidays, Parental Leave, Happy Fridays401k MatchingFlexible Spending Account (FSA) for Health Care & Dependent CareEducational reimbursement up to $10,000 per yearDonation Matching and volunteering opportunitiesCorporate discount programsFree Breakfast/Lunch/Dinner provided to employeesEqual Employment Opportunity:SKHYA is an Equal Employment Opportunity Employer. We provide equal employment opportunities to all qualified applicants and employees and prohibit discrimination and harassment of any type without regard to race, sex, pregnancy, sexual orientation, religion, age, gender identity, national origin, color, protected veteran or disability status, genetic information or any other status protected under federal, state, or local applicable laws.Compensation:Our compensation reflects the cost of labor across several U.S. geographic markets, and we pay differently based on those defined markets. Pay within the provided range varies by work location and may also depend on job-related skills and experience. Your Recruiter can share more about the specific salary range for the job location during the hiring process.Pay Range$80,000 - $160,000 USD