Compensation Specialist

Company:  SK Hynix
Location: San Jose
Closing Date: 24/10/2024
Salary: £125 - £150 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Job Title : Compensation Specialist

Location : San Jose, CA

Job Type : Full-Time, On-Site

About the Role:

The Compensation Specialist will play a key part in designing and implementing SK hynix compensation structure and provide compelling, data-driven insight with the team. The Compensation Specialist will strive for continuous improvement with the processes. This individual must be a discrete, effective communicator in influencing hiring managers and leaders, and handle sensitive information.

Responsibilities:

  1. Partner with Senior Leaders and HR Business Partners to drive and ensure the success of the compensation programs for SKHYA and Engineering teams.
  2. Collaborate with staffing team members and align the compensation with SK hynix’s practice and philosophy.
  3. Act as a Compensation Partner, problem solver, and be a key player in the creation, negotiation, and review of compensation programs.
  4. Maintain and diagnose compensation data, pay ranges, and compensation structures ensuring a balanced compensation gap and equitable compensation.
  5. Lead all aspects of semi-annual performance reviews cycles and analyze the bonus compensation awarded to employees.
  6. Compile ad-hoc analysis data to build and plan continual improvement towards the compensation programs and processes.
  7. Utilize effective communication and analytical skills to drive understanding of compensation philosophies and business practices among senior leadership and managers.

Requirements:

  1. 3+ years of Compensation experience or HR generalist, preferably at a high-growth company working with Executives, Engineering, Sales, and other staff members.
  2. Bachelor’s Degree in Human Resources or equivalent.
  3. Experience working with Radford data.
  4. Strong understanding of broad-based compensation programs (base/bonus/retention/sign-on bonus), pay for performance, benchmarking/market data, job evaluation, etc.
  5. Expert level in Microsoft Excel and provide deep insight and strategies based on data-driven information to drive successful decision-making.
  6. Proven organizational skills with attention to detail and the ability to prioritize and work well in an environment with competing demands.

Compensation:

Our compensation reflects the cost of labor across several U.S. geographic markets, and we pay differently based on those defined markets. The U.S. pay range for this position is $94,000 - $120,000. Pay within this 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.

Equal 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.

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