GLOBALFOUNDRIES is seeking a Principal Compensation Analyst to join the Global Rewards Team. Global Rewards (compensation and benefits) interacts with HR teams worldwide. This is a dynamic role that will collaborate with global HR and management colleagues to support compensation solutions to support our growing business. This role will interact with other regional compensation professionals to ensure standardized processes, programs, and pay policies.
Consult with and provide counsel and oversight to HR Business Partners and managers on a variety of compensation matters including but not limited to, philosophy, base pay decisions, exemption classification, , promotions, retention awards, job leveling, and incentive plans.
Assist Compensation Manager with the design, implementation and maintenance of a variety of compensation programs including:
Global pay policy and practices
Job evaluations and descriptions
Short and Long-term incentive plans
Annual merit and bonus process
Participation in appropriate market competitive surveys
Monitoring of adherence to compensation guidelines and policies
Assists in the preparation of compensation-related communications and training material
Conduct analysis in support of various ongoing compensation related initiatives
BS/BA in Human Resources, finance, business or related field
Minimum of 5 years in compensation and/or Total Rewards role
Expert level use of Excel and solid proficiency in Microsoft Office (e.g., PowerPoint and Word).
Strong analytical and problem solving skills with the ability to interpret data and make meaningful recommendations.
Ability to operate independently.
Ability to prioritize and manage expectations of leaders and HR colleagues.
Demonstrated ability to work well within a global matrixed team or environment.
International compensation or total rewards experience.
Experience with PeopleSoft Human Resources Information Systems (HRIS).
Proven analytical ability
Maturity to handle large volumes of sensitive/confidential information and make sound decisions
Ability to manage multiple tasks while still delivering high quality results
Ability to function as an effective and respected partner to internal clients
Ability to understand the labor market and trends over time
Good communication skills, especially with internal clients and key vendors
Strong organizational and project administration skills
Customer service focus with the ability to “push back” appropriately
Additional Eligibility Qualifications:
An offer of employment with GLOBALFOUNDRIES is conditioned upon the successful completion of a background check and drug screen, subject to applicable laws and regulations.
GLOBALFOUNDRIES is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or protected Veteran status. For more information on GLOBALFOUNDRIES, visit www.globalfoundries.com