Senior Rewards Specialist
NXP Semiconductors · Bengaluru
- Performs staff support activities to develop, implement, and administer compensation and benefits policies and programs
- Participates in compensation surveys to collect and analyze salary information.
- Investigate market data and research to determine competitive positioning of the organization’s salary ranges and pay programs.
- Ensures company compliance with federal and state laws governing both compensation and benefits practices. May administer both domestic and international programs.
- Recommends company salary structure movements, salary increase budgets, and FLSA exemptions.
- Administers and communicates the company’s benefits program plan options, features and enrollment requirements; assists employees with benefit claim administration inquiries.
- Provides functional compensation expertise and recommendations to HRIS to increase automation of compensation programs by leveraging systems and technology
- Works closely with HRIS team, Global HR Operations teams, Regional Rewards and HR Analysts
- Collaborates with HR Business Partners, Talent Acquisition and Managements on job evaluations, new job creation and job descriptions.
- Supports the design, implementation and execution of Rewards Cycles and processes
- Supports HR Business partners with salary adjustments for compliance to established guidelines, policies and practices. Recommends corrective or alternative actions to resolve compensation-related problems.
- May prepare special studies and recommendations on subjects such as bonus plans, sales compensation or long-term incentives.
- Develops reports and provides simulation for a variety of compensation and HR projects.