Compensation Senior Manager
2401 E 86th St, Bloomington, MN 55425, USA
Req #1599
Wednesday, November 13, 2024
Bold Thinking. World Changing. At SkyWater, our ingenuity helps improve lives around the world by manufacturing U.S. made semiconductors that are essential ingredients of modern life. Automotive safety enhancements, life-saving medical devices, consumer electronics and American security require semiconductors. Working in our Minnesota headquarters or Florida location, employees join together to improve the world.
Explore what’s possible. Joining our U.S. - based team means contributing to and learning about the commercialization of some of the most exciting technologies the world has ever seen. We are turning “science fiction” into everyday reality through technologies such as superconducting, 3D integrated circuits or computer chips, carbon nanotubes, photonic logic devices, micro electro-mechanical systems and other emerging device topologies. We manufacture products for aerospace and defense, medical, automotive, consumer and industrial markets, to name a few. Our customers include emerging leaders who rely on our intellectual property security and quality manufacturing services.
Step into the future. SkyWater’s values of Integrity, Excellence, Collaboration, Empowerment and Growth Mindset guide us to cultivate an empowered, learning environment. We also invest in developing highly skilled, dedicated employees — and employees who are entering the workforce for the first time, from the military, and a variety of educational backgrounds.
Are you bold thinking? Find your place on our team and help us change the world!
If you have experience with design and administration of compensation programs, SkyWater wants to talk with you! This Compensation Senior Manager role will prepare job descriptions, conduct job evaluation and salary surveys, manage salary structures, develop salary budgets, and administer policies and procedures to provide equitable and competitive employee compensation.
Responsibilities:
- This Compensation Senior Manager role will assist in the design and development of compensation philosophy, objectives, and guiding principles that support the organization strategy. Collaborate with the HR team to understand business issues in the development of key objectives and philosophy of compensation programs.
- Advise and make recommendations to subsidiary and local HRBPs regarding compensation plans and issues. Serve as consultant to HRBPs, management, and employees on compensation related issues.
- Design, develop, implement, and administer various compensation programs including base, short-term incentive (including sales incentive), bonus, equity, and deferred compensation programs. Collaborate with local HR to oversee implementation and communication.
- Design and implement processes for the development of job descriptions and manage the process. Evaluate positions using established market evaluation system for placement into appropriate compensation system. Coordinate survey participation with local HR to develop local implementation plans. Create and/or maintain salary structures as needed. Conduct market research; prepare evaluations; and provide recommendation.
- Maintains a working knowledge of federal and state legislation that may affect compensation policies. Responsible for knowing local laws relating to employee compensation programs, partnering with appropriate individuals related to local laws, and periodically review compensation policies/plans for conformance.
- Keep current on new trends and developments in compensation. Recommend changes to existing compensation programs/policies and may provide leadership in conducting change.
- Manage and perform total rewards market analysis including competitive market position for current plans including budget recommendations. Develop modeling templates for various compensation analyses.
Required Qualifications:
- Education: Bachelor’s Degree
- 8 years relevant professional experience in Compensation
- PC expertise and proven problem-solving skills. Working knowledge of all MS Office applications including Word, advanced Excel, and PowerPoint.
- Proven analytical abilities.
- U.S. Person Required: SkyWater Technology Foundry, Inc. subject to the International Traffic in Arms Regulations (ITAR). All accepted applications must be U.S. Persons as defined by ITAR. ITAR defines a U.S. Person as U.S. citizen, U.S. Permanent Resident, Political Asylee, or Refugee.
Preferred Qualifications:
- Preferred Education: Master’s Degree; WorldatWork CCP or other compensation certification
- Strong consulting and verbal/written communication skills.
- Prior experience in a compensation management platform
- Prior experience in Executive Compensation
- Prior experience in Equity Compensation
#SW1
SkyWater has an exciting environment where the brightest semiconductor minds come together to achieve exceptional results. We offer competitive salary and financial benefits, such as, bonuses, life insurance, 401k match, and opportunities to buy SkyWater stock at a discounted rate.
We provide benefits that promote a healthy life, such as, comprehensive benefits package including benefit eligibility day one, paid time off, paid holidays, an on-site fitness facility, an on-site, self-serve market and so much more!
Other details
- Job Family Human Resources
- Pay Type Salary
- 2401 E 86th St, Bloomington, MN 55425, USA