12100 Samsung Blvd, Austin, TX, USA
Samsung Austin Semiconductor is one of the most advanced semiconductor manufacturing facilities in the world and an integral part of Central Texas for more than 26 years, driving job generation, economic impact and engagement with the surrounding community.
Samsung Austin Semiconductor serves a global customer base with broad semiconductor process technology offerings that impact everyday life including mobile, graphic, consumer, networking/high performance computing, Internet of Things, RF and automotive. Through successful collaborations with foundry customers and a continuous drive to develop the most cutting-edge technologies, Samsung Austin Semiconductor has become a major player in the foundry market. Samsung Austin Semiconductor’s technology portfolio ranges from 65nm to 28nm using planar transistor technology to the more advanced 14nm 3D FinFet technology.
With more than 3,300 employees, 2.45 million square feet of floor space, and more than 600+ acres in land holdings, Samsung Austin Semiconductor’s economic impact in 2021 generated $6.3 billion into Austin’s economy through salaries and other expenditures. Plus, that same year, its parent company, Samsung Electronics Co., Ltd announced a $17 billion investment to boost semiconductor production capacity at a new site in Taylor, Texas. This is in addition to the $18 billion invested in Samsung Austin Semiconductor’s Austin, Texas campus, since 1996 — making it one of the largest direct foreign investments in United States history.
Samsung Austin Semiconductor is a premier and growing employer who provides a great place to work, is committed to environmental stewardship and being a good corporate citizen. Our employees are the key to our success and we invest in our people with competitive compensation & benefit packages, career development opportunities and programs that enhance physical, emotional and intellectual well-being. Our employees work at various locations throughout Central Texas including the main plant on East Parmer Lane in northeast Austin, a satellite office near Pflugerville and the construction site in Taylor, Texas. Learn more at www.samsung.com/us/sas.
The Compensation Analyst is a key member of our Compensation Team, and is responsible for the design, implementation, communication and delivery of our broad-based compensation programs in order to support the execution of our growth and people strategies.
The compensation analyst will assess the effectiveness and impact of our financial reward programs, including the efficiency of our processes and program delivery. Our compensation programs are a key component to our ability to attract and retain high performing talent.
Role and Responsibilities
- Manage all aspects of global broad-based compensation, including: base salary structures, maintaining and managing our enterprise job catalogue, allowance programs, new job evaluations and market survey library and participation.
- Evaluate market data, monitor business conditions and legal requirements, and promote industry best practices to ensure continued internal equity and external competitiveness of compensation.
- Seek opportunities to enhance the competitiveness of the company’s compensation programs. Recommend new strategies which attract and retain current and prospective employees; development of retention tools as appropriate.
- Conduct research and analysis, identify design alternatives, and model cost implications for proposed compensation changes.
- Participate in the development, implementation and communication of global incentive programs including corporate bonus program, and other similar programs which motivate and engage various employee groups.
- Develop and deliver robust compensation training and communication for business leaders and HR Business Partners to support base and variable compensation programs as well as adherence to national and local regulatory rules.
- Present and seek buy in and approval for annual merit increases, innovative new plans, LTIP payments, etc.
- Develop and update all policies, processes and guidelines for all compensation areas.
- Support successful implementation of compensation business processes in the HRIS system.
- Coordinate and partner with payroll to ensure accuracy of information and timely payouts.
- Ensure accuracy of data and timely submission for all internal as well as external compensation audits.
- Draft and check accuracy for all compensation communication and documentation.
- Ensure compliance with applicable employment-related federal and state statutory requirements.
- Liaison with North America Shared Services center on compensation related items.
- Advise HRBP team and business managers on all compensation related questions
- Assist in preparing offers for internal transfers and recommendations of salaries.
- Work days and hours: 1st Shift, M-F 8am to 5pm.
Skills and Qualifications
- Bachelor’s degree in Business or Human Resources preferred.
- CCP certification is preferred.
- Highly developed consultative skills to assist HR business partners to problem solve and develop creative solutions within the construct of our enterprise compensation philosophy.
- Minimum of 3 years of progressive related experience in broad-based compensation design and management.
- Experience working with a HRIS (Workday experience strongly preferred).
- Strong technology focus with orientation to automate processes wherever possible.
- Excellent business acumen, strong strategic planning, financial, numerical and analytical skills. Strong attention to detail and accuracy.
- Demonstrated ability to create, implement, market, measure and evaluate compensation strategies, policies, and procedures.
- Demonstrated history of working as a team member in a cross functional business environment and the ability to form relationships at all levels of the organization.
- Outstanding people management and development skills. Strong organizational, communication, presentation, and project management skills are a must.
- Advanced MS Excel experience ( pivot tables, macros, advanced formulas).
- Ability to manage deadlines and deliver results in a fast-paced environment.
- Must be well organized, able to prioritize work, manage time effectively, and follow through on commitments.
* Samsung Electronics America, Inc. and its subsidiaries are committed to employing a diverse workforce, and provide Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.