Compensation & Benefits Specialist

The Compensation & Benefits Specialist supports and executes global compensation programs while managing key aspects of U.S. benefits administration. This role will play a critical part in delivering competitive, compliant, and scalable total rewards programs, with a primary focus on compensation and a secondary focus on benefits operations. This position partners closely with HR, Finance, Leadership and external vendors to ensure accurate execution of compensation cycles, market benchmarking, and benefits programs, while maintaining data integrity and process efficiency. Key Responsibilities Compensation Own and lead end-to-end global compensation processes, including focal cycles, bonus programs, and long-term incentive (LTI) plans Manage off-cycle compensation actions (salary adjustments, promotions, bonuses), ensuring accuracy, consistency, and appropriate approvals Design, improve, and streamline compensation processes, reducing manual work and increasing efficiency and scalability Serve as the internal compensation expert, advising HR and leadership on pay decisions, structure, and market competitiveness Own compensation cycle execution: Build and evolve templates and tools Drive coordination with HR and business leaders Generate and validate compensation letters Audit and ensure data integrity in ADP Workforce Now Maintain and continuously improve global salary structures and job architecture Lead global market benchmarking and survey participation, including role mapping, analysis, and insights Partner with global HR leadership on compensation analysis and recommendations Own administration of variable pay programs (sign-on bonuses, incentives, and executive bonuses) Deliver clear, actionable reporting and insights to Finance and HR leadership Ensure compliance with all compensation-related regulations and reporting requirements (e.g., pay transparency, government reporting) Benefits Own administration of U.S. leave of absence (LOA) programs, including employee support, system processing, and policy management Partner with vendors (e.g., brokers, ADP) to administer health and insurance programs Lead open enrollment (OE) execution, including planning, coordination, communications, and system readiness Ensure compliance with benefits regulations, including ACA, COBRA, and related reporting requirements Maintain and improve benefits documentation, policies, and internal resources Oversee Workers' Compensation administration, including claim management, vendor coordination, employee support, and compliance activities Lead ergonomic support and accommodation processes, including assessments, vendor coordination, and compliance tracking Manage COVID-related documentation, reporting requirements, and compliance recordkeeping activities Support and coordinate employee wellness initiatives and programs Qualifications 5–8+ years of experience in compensation, benefits, or total rewards Bachelors' degree in Human Resources, Economics, Communication, Business or similar degree preferred Strong experience with compensation cycles, salary structures, and market benchmarking Experience with executive compensation and global compensation programs Advanced Excel skills and strong analytical capability High attention to detail with the ability to manage sensitive and confidential data Demonstrated ability to identify inefficiencies and improve manual processes Ability to manage multiple priorities in a fast-paced, global environment Working knowledge of U.S. benefits administration, including LOA and compliance requirements Preferred Qualifications Experience with AON/Radford or similar compensation surveys Experience working with external brokers and benefits vendors Familiarity with HRIS systems (experience with ADP Workforce Now strongly preferred) InvenSense, a TDK group company, is a world-leading provider of MEMS and magnetic sensor solutions found in mobile, wearable, smart home, AR/VR, and other consumer and IoT applications. We are innovators with a 20+ year history of patented sensor technologies. As experts in our field, we lead industry breakthroughs in consumer, industrial and automotive technology and reliably deliver high-quality solutions to our partners across global markets. Learn more about us at invensense.tdk.com. The starting annual base pay for this role is between USD $85,000.00 and $110,000.00 for San Jose, CA. The actual base is dependent upon many factors, such as: training, transferable skills, work experience, business needs, and market demands. The base pay range is subject to change and may be modified in the future. The role is also eligible for variable bonus programs and benefits. #J-18808-Ljbffr