Specialist, Compensation and Benefits
Specialist, 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
- Manage and support the development and implementation of compensation and benefits programs policies and procedures to be responsive to Coherents strategic initiatives organizational goals and competitive practices global short and long-term equity compensation including the Employee Stock Purchase Plan sales incentive compensation and executive compensation.
- Manage the annual compensation review process which includes systems management budget analysis data analysis and consulting and training management on a global platform.
- Develop implement and monitor the effectiveness of new benefits programs.
- Collect and analyze data on employee compensation and benefits programs.
- Communicate with employees regarding compensation and benefits packages.
- Manage and support systems tools and methods to ensure scalability and growth owing to M&A and other activities as needed.
- Manage job design/analysis documentation and evaluation market data research survey submissions statistical analysis and other daily compensation activities and operations.
- Partner with HR Business Partners Finance/Tax and Legal during annual review promotion and retention processes.
- Manage and collaborate on compensation-related and ad-hoc projects as required.
Education & Experience
- BA or BS degree required.
- Minimum of 8 years related experience with compensation and financial analysis with increasing levels of responsibility (Radford professional level 4/5); global experience preferred
- Expert in Excel PowerPoint and Oracle
- Working experience with a BI tool (i.e. Power BI Tableau etc.) is a plus
- Understanding of data privacy programs and regulatory requirements for managing data (GDPR California Data Privacy Act PIPL)
Skills
- Ability to work independently to address data requests and perform analysis on large complex data sets; extremely detail-oriented
- Must be able to handle sensitive information with discretion and have proven ability for flexibility and managing multiple priorities
- Possess strong strategic orientation analytical skills critical thinking ability and be able to evaluate interdependencies within cross-functional projects
- Proven ability to work with minimal guidance manage multiple priorities simultaneously and take initiative even under unfamiliar or ambiguous circumstances
- Comfort working in a high-volume fast-paced rapidly changing results-oriented global work environment.
Working Conditions
- This role is onsite
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:
Unclear Seniority
Employment Type
Full-Time
