Sr. Manager, Compensation and Benefits
Sr. Manager, Compensation and Benefits
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Job Description
As a Compensation and Benefits Analyst in the Global Total Rewards team your main responsibility is to evaluate and recommend salary structures and benefits packages for employees. You will need to analyze current pay practices and benefits offerings conduct research on industry trends and recommend changes to ensure that a company is competitive in attracting and retaining the best this role youll also collaborate with senior leadership and HR teams to develop and implement compensation and benefits programs and policies that reflect the organizations goals values and culture. Youll use data analysis tools to identify areas for improvement and recommend solutions that are both practical and cost-effective. You will report to the VP of Total Rewards.
Primary Duties & Responsibilities
- Lead the design administration and communication of global compensation and benefits programs policies and procedures in support of Coherents organizational goals which promote talent acquisition retention performance management strategic initiatives and future business growth.
- Ensure efficient and compliant administration of global equity grant process (annual ongoing and quarterly new hire/promotion/retention grants) and ESPP offered in over 15 countries.
- Manage the annual compensation planning process for merit reviews ongoing equity grant process and annual short-term incentive payment which includes market data analysis budget approval systems set up and administration and training and consulting managers.
- Manages global benefits planning and programs including health and welfare retirement and work life. May select and manage outsourced providers.
- Support design and competitive assessment of Sales incentive plans.
- Collaborate with Site HRBP and Global HRBPs Finance/Tax and Legal as needed during annual compensation planning equity grant review and promotion and retention proposals.
- Support executive compensation including proxy preparation CEO pay-ratio PvP disclosure as well as analysis and preparation of compensation committee meeting materials.
- Manage and support systems tools and methods to ensure scalability and growth including M&A and transformation initiatives.
- Develop and deliver compensation programs training for global HR Business Partners and management.
- Conduct regular market analysis and benchmarking studies to evaluate the competitiveness of the companys compensation programs globally.
- Ensure compliance with all applicable labor laws regulations and governance requirements related to compensation practices across regions.
- Stay abreast of regulatory changes and industry trends impacting global compensation practices.
- Manage and collaborate on compensation-related and ad-hoc projects.
Education & Experience
- BA or BS degree required.
- Ten (10) years of minimum related experience preferably in a global or multinational organization.
- Two years of preferred supervisory experience.
- Certified Compensation Professional (CCP) Global Remuneration Professional (GRP) and Certified Equity Professional (CEP) designations are highly preferred.
- Expert in Excel PowerPoint and experience with HCM systems such as Oracle or Workday
- Comprehensive knowledge of state and federal labor laws as they relate to compensation (FLSA Wage & Hour and Pay Equity).
- Clear understanding of data privacy programs and regulatory requirements for managing data (GDPR California Data Privacy Act and PIPL).
Skills
- Strong sense of urgency in driving projects to completion.
- Demonstrated strong analytical and critical thinking skills subject matter knowledge credibility and outstanding persuasion skills.
- Strong understanding of compensation principles practices and regulations across different countries and regions.
- Demonstrated expertise in designing and implementing competitive compensation programs that support business objectives.
- Excellent analytical skills with the ability to interpret complex data sets and translate insights into actionable strategies.
- Exceptional communication presentation and interpersonal skills with the ability to collaborate effectively across diverse teams and cultures.
- Proven ability to manage multiple priorities and successfully lead global cross-functional projects
- Proficient working in a high-volume fast-paced rapidly changing results-oriented global work environment.
- Leading by example encourage and nurture a diverse culture of integrity collaboration accountability respect and enthusiasm.
- Strategic thinker with the ability to translate business goals into effective compensation strategies.
- Detail-oriented and highly organized with a commitment to accuracy and compliance.
- Excellent interpersonal and relationship-building skills.
- Ability to work in a fast-paced environment and manage multiple priorities.
- High level of creativity and innovation.
- Strong leadership skills with the ability to influence and inspire others.
CultureCommitment
Ensure adherence to companys values (ICARE) in all aspects of your position at Coherent Corp.:
Integrity Create an Environment of Trust
Collaboration Innovate Through the Sharing of Ideas
Accountability Own the Process and the Outcome
Respect Recognize the Value in Everyone
Enthusiasm Find a Sense of Purpose in Work
Required Experience:
Manager
Employment Type
Full-Time
