TOTAL REWARDS ANALYST
At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world.
Job Overview
TE Connectivity's Total Rewards teams develop, implement and evaluate Total Rewards programs, tools and initiatives (e.g., wage and salary administration, short- and long-term incentives, job evaluation, global mobility, executive compensation and health, life and retirement benefits) in the context of TE's internal and external environment to attract, retain and motivate employees. They administer and communicate the company’s benefits program plan options, features and enrollment requirements and assist employees with benefit claim administration inquiries. They implement and execute mobility programs and services supporting employee short- and long-term transfers, assignments, country entry and domestic or international relocation. In addition, the Total Rewards team analyzes Total Reward cost containment strategies and make recommendations for improvement/enhancement as appropriate. They also ensure company compliance with federal and state laws governing both compensation and benefits practices and stay current with laws, regulations and procedures governing international mobility and immigration.
Tasks and Responsibilities
Consult business units/countries • Build strong relationships with management, BU HR and HR Solutions in countries to understand business challenges and to plan and identify appropriate solutions
• Understand top talent in country(s), key roles and strategic workforce plans to influence compensation strategy and planning with respect to base pay, incentives and equity
• Consult on TR topics to ensure they are market competitive and affordable
• Point of contact for assigned countries and provide HR and leadership with timely professional advice and guidance
• Identify inefficiencies in own work processes and provide recommendations for corrective action
• Develop and deliver training and communications to HR and managers
• Establish external network/s with TR professionals from similar companies to share best practice and obtain accurate market information outside of salary surveys
• Serve as TR lead for acquisition due diligence and integration in the countries
• Robust analytics capabilities to propose solutions by presenting data and conclusions in a clear and concise manner
Country programs
• Develop effective relationships with external vendors/consultants and manage timely and cost-effective delivery of solutions
• Oversee local variable pay plans including proposal of performance-based incentive plans, review and consolidation of participation and results in collaboration with Corporate
• Design local compensation/benefits programs or policies in coordination with the TR Innovation Center and country, and escalate legal, compliance, and tax risk associated with benefits design and administration
• Helps to ensure statutory compliance in coordination with HR Solutions & BU HR by providing advice and input
Market intelligence
• Evaluate job content and formulate recommendations for band level, title and/or pay based on responsibilities, internal equity and market competitiveness for complex scenarios
• Partner with HR Solutions to validate appropriate local surveys for direct labor
• Partner with the Global Compensation team to identify appropriate surveys to ensure the best available survey library. Validate approach to global and local market matching in global database
• Initiate and complete specialized analysis on market and internal practices, strategies and metrics such as monetary recognition programs and incentives
• Collaborate with Global Compensation team on researching, evaluating and understanding the impact of market and economic trends and recommend adjustments to salary ranges, hiring rates, geographic differentials, salary increase budgets and individual rates, as requested
• Maintain total rewards inventory for countries
Corporate/BU programs
• contribute to the design and improvement of policies and processes in areas like incentive programs, benchmarking, job grading, salary management, company cars and sales compensation programs
• Assist in timely implementation of programs and TR calendar (e.g. annual merit round)
• Provide local input related to the HR systems and compensation planning
• In coordination with Global Compensation team, support pay-for-performance philosophy by developing and providing the right tools to HR/management for employees in scope
• Pro-actively drive line manager, HRBP and HR Solutions’ education for TR topics
What your background should look like:
• 7+ years demonstrated global compensation and benefits analysis, design, and administration experience required; consulting experience preferred; experience in emerging markets
• Strong analytical skills; ability to analyze statistical data and develop crisp and focused recommendations for BU/HR leadership
• Collaborative team player with strong influencing skills
• Energetic, entrepreneurial, and innovative
• A self-starter, thinks creatively and works independently to resolve issues
• Uses positive attitude and energy to work in a fast paced, target driven environment while performing well under time constraints and clear deadlines
• Excellent communication and presentations skills, comfortable working with diverse cultures and different management levels, ability to quickly build relationships in a matrixed organization
• Experience in benefits plan design and administration
• Bachelor’s degree in Finance, Economics, Business Administration, Psychology or Human Resources
• Fluent in English, proficiency in other languages considered a plus
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Competencies
Values: Integrity, Accountability, Inclusion, Innovation, Teamwork Location: Tangier, 01, MA, 90000
City: Tangier State: 01 Country/Region: MA Travel: Less than 10% Requisition ID: 127171 Alternative Locations: Function: Human Resources
Job Segment: Equity, Compliance, Outside Sales, Consulting, Database, Finance, Legal, Sales, Technology
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