Compensation Specialist

Posted 8 Days Ago
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Sarjapur, Keoti, Darbhanga, Bihar
Mid level
Artificial Intelligence • Cloud • Information Technology • Software • Semiconductor
Creating world-changing technology that enriches the lives of every person on earth.
The Role
As a Compensation Specialist at Intel, you will lead market pricing activities, support TR teams, analyze compensation structures, and create data visualization reports. You will collaborate with partners worldwide, manage compensation data, and conduct market research to enhance compensation programs.
Summary Generated by Built In

Job Details:

Job Description: 

As an Analyst in Intel's Total Rewards (TR) organization, you will lead and support the market pricing and related activities for all countries. Support other TR partner teams like enterprise design team, consulting and rewards planning to execute annual priorities for the organization. This includes running analysis on impacts of various design options, model potential costs, measure effectiveness of current plans, research market practices, and model budgets. Your work will help the TR organization understand current state, evaluate current and future opportunities, consider critical design implications, and prepare for and support program implementations.
Responsibilities include, but are not limited to:
- Support Intel's market pricing process, including 3rd-party survey data management, peer list development, job matching and survey data analytics

- Build, review and maintain Intel’s job catalog i.e add/create and price new jobs
- Maintain Intel's compensation structures through collaboration and coordination with partners worldwide
- Create and maintain data models, update process documentation and own managing and updating market pricing data and pay structures
- Analyze and report on Intel's pay competitive position, highlighting opportunities and monitoring industry trends
- Collaborate with partners and peers worldwide in a way that builds trust in the team's data, processes, and outcomes
- Build and publish data visualization reports using Power BI for the global consulting community
- Support compensation program design, including bonus, business group plan design, base pay, and equity via timely and accurate analysis of impacts of design options and cost modeling
- Research market practices on innovative programs
The Ideal Candidate will have the following:-


- Technical expertise in compensation: Experience in compensation benchmarking, market pricing, survey and vendor management, process standardization and compensation analytics
- Customer Focused: Experience in listening to and closely partnering with peers, customers and partners to create and run analyses that meet the customer needs and best drive the expected business outcomes
- Project Management: Program and project management skills with demonstrated success in sustaining process management discipline
- Communication: Experience communicating data methodologies and concepts to a broad audience; to tell a story with the data

Qualifications:

Minimum Qualifications :-

  • Bachelor's degree in Human Resources .
  • 3+ years of relevant working experience in
  • Analytics and data visualization: Experience creating dashboards for reporting [i.e., Power BI] and complex Excel modeling files in alignment with pay strategies and outcomes
  • Completing complex analysis and determining actions to respond to that data.
  • Experience in working with Payfactors or any other market pricing software
  • Experience in working with Radford, Mercer, WTW, etc

Preferred:-

  • Masters degree in Human Resources, Focus in Maths/Statistics is preferred.

Job Type:Experienced Hire

Shift:Shift 1 (India)

Primary Location: India, Bangalore

Additional Locations:

Business group:Intel's Human Resources group is responsible for hiring, developing and retaining the best and brightest employees while continuing to strengthen the company's culture and values. Intel Human Resources provides first-rate, cost-effective services and support to employees worldwide and is dedicated to advancing Intel's business goals.

Posting Statement:All qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, sex, national origin, ancestry, age, physical or mental disability, medical condition, genetic information, military and veteran status, marital status, pregnancy, gender, gender expression, gender identity, sexual orientation, or any other characteristic protected by local law, regulation, or ordinance.Position of TrustN/A

Work Model for this Role

This role will be eligible for our hybrid work model which allows employees to split their time between working on-site at their assigned Intel site and off-site. * Job posting details (such as work model, location or time type) are subject to change.

Top Skills

Excel
Power BI
The Company
HQ: Santa Clara, CA
141,941 Employees
On-site Workplace
Year Founded: 1968

What We Do

Intel’s mission is to shape the future of technology to help create a better future for the entire world. By pushing forward in fields like AI, analytics and cloud-to-edge technology, Intel’s work is at the heart of countless innovations. From major breakthroughs like self-driving cars and rebuilding the coral reefs, to things that make everyday life better like blockbuster effects and improved shopping experiences — they’re all powered by Intel technology. With a career at Intel, you have the opportunity to help make the future more wonderful for everyone.

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