Compensation Analyst

Posted 4 Days Ago
Be an Early Applicant
Durham, NC, USA
In-Office
Mid level
Semiconductor • Manufacturing
The Role
Supports the design, implementation, and administration of compensation programs, including salary structures, annual and long-term incentives, bonus plans, and equity distribution. Analyzes market salary data, administers annual compensation planning, reviews salary adjustments, ensures policy compliance, resolves compensation issues, and prepares reporting and training materials. Collaborates with employees, managers, executives, and cross-functional teams.
Summary Generated by Built In
Compensation Analyst

At Wolfspeed, we do amazing things in a human way.

We know that the achievements of our organization are due to the passion, hard work and creativity of our employees. We celebrate different perspectives to foster excellence across our organization, and our goal is to make diversity a foundation of what we do. We are proudly building an environment where you can bring your authentic self to work.

  • Enjoy doing things that people say can’t be done? Innovation is at the center of everything we do.
  • Hate red tape? We remove roadblocks instead of creating them.
  • Working parent? We provide childcare assistance and paid parental leave.
  • Student? We offer continuing education assistance.
  • Looking for community? There are many ways to get involved, from Employee Resource Groups to local outreach.


Who we’re looking for:

Wolfspeed’s Human Resources business unit is seeking a Compensation Analyst to support activities to develop, implement and administer compensation policies and programs. This includes compensation program design (e.g. salary, annual and long-term incentive), implementation, and administration for exempt and non-exempt staff.


The Day-to-Day:

  • Participates in compensation surveys to collect and analyze competitive salary information to ensure Wolfspeed remains competitively positioned
  • Supports and administers the annual compensation planning process, which may include program testing, developing and delivering training materials
  • Reviews and/or recommends salary adjustments for conformance to established guidelines, policies and practices
  • Recommends corrective or alternative actions to resolve compensation-related problems
  • Formulates recommendations regarding development of company salary structure, FLSA exemptions, job revisions and organizational structures
  • May work on and support projects such as global incentive compensation, bonus plans, or equity distribution. 
  • Collaborate cross-functionally and build strong relationships
  • Strong data auditing, analysis and reporting capabilities with excellent attention to detail
  • Provide exceptional service to colleagues and clients

 
This Job is Right for You if You Have:

  • Bachelor’s degree in related field
  • 2-5+ years of related experience
  • Excellent quantitative skills as demonstrated through previous experience in a corporate compensation or consulting role
  • Strong computer skills including:  Excel modeling, PowerPoint presentation development, and understanding of HRIS
  • Demonstrated ability to present to and interact with all levels of employees, managers, and executives
  • CCP is preferred

This role may require additional duties and/or assignments as designated by management.

To put it legally – Wolfspeed is an equal opportunity employer.

We recruit, employ, train, compensate and promote regardless of race, sex, religion, color, national origin, disability, age, veteran status, gender identity, sexual orientation and other protected status as required by law.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Skills Required

  • Bachelor's degree in a related field
  • 2-5+ years of related experience
  • Experience in a corporate compensation or consulting role
  • Excellent quantitative skills
  • Excel modeling skills
  • PowerPoint presentation development skills
  • Understanding of HRIS
  • Ability to present to and interact with employees, managers, and executives at all levels
  • Certified Compensation Professional certification

Cree Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cree and has not been reviewed or approved by Cree.

  • Fair & Transparent Compensation — Pay is often described as fair or decent in technician and operator roles. Compensation in some project management and security supervision roles is characterized as good.
  • Healthcare Strength — Benefits include medical, dental, and vision coverage with HSA, FSA, and HRA options, plus EAP support. Wellness resources are highlighted alongside core health plans.
  • Parental & Family Support — The package includes six weeks of paid parental leave and adoption assistance. Leave applies to new birth, adoption, and foster placement.

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The Company
HQ: Racine, WI
2,773 Employees
Year Founded: 1987

What We Do

Cree | Wolfspeed is the global leader in silicon carbide technology and production, leading the worldwide transition from silicon to silicon carbide. Our product portfolio provides disruptive technology solutions that support a more efficient, sustainable future including electric vehicles, fast charging, 5G, power supplies, renewable energy and storage, as well as aerospace and defense. Our people are dedicated to driving a significant shift in the technology sector and creating a global semiconductor powerhouse. For additional product and Company information, visit www.cree.com.

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