Senior Rewards Specialist

Posted One Month Ago
Be an Early Applicant
2 Locations
In-Office
Senior level
Automotive • Internet of Things • Mobile • Semiconductor • Industrial
The Role
Administers and supports compensation and benefits programs, including salary benchmarking, compensation surveys, benefits enrollment, legal compliance, salary structures, rewards cycles, and employee inquiries. Partners with HRIS, HR Operations, HR Business Partners, Talent Acquisition, and management on job evaluations, pay adjustments, automation, reporting, and compensation recommendations. May support bonus plans, sales compensation, and long-term incentive studies.
Summary Generated by Built In
  • Performs staff support activities to develop, implement, and administer compensation and benefits policies and programs  
  • Participates in compensation surveys to collect and analyze salary information. 
  • Investigate market data and research to determine competitive positioning of the organization’s salary ranges and pay programs. 
  • Ensures company compliance with federal and state laws governing both compensation and benefits practices. May administer both domestic and international programs.  
  • Recommends company salary structure movements, salary increase budgets, and FLSA exemptions. 
  • Administers and communicates the company’s benefits program plan options, features and enrollment requirements; assists employees with benefit claim administration inquiries. 
  • Provides functional compensation expertise and recommendations to HRIS to increase automation of compensation programs by leveraging systems and technology 
  • Works closely with HRIS team, Global HR Operations teams, Regional Rewards and HR Analysts 
  • Collaborates with HR Business Partners, Talent Acquisition and Managements on job evaluations, new job creation and job descriptions. 
  • Supports the design, implementation and execution of Rewards Cycles and processes 
  • Supports HR Business partners with salary adjustments for compliance to established guidelines, policies and practices. Recommends corrective or alternative actions to resolve compensation-related problems. 
  • May prepare special studies and recommendations on subjects such as bonus plans, sales compensation or long-term incentives. 
  • Develops reports and provides simulation for a variety of compensation and HR projects. 

More information about NXP in India...

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The Company
HQ: Eindhoven
21,993 Employees
Year Founded: 2006

What We Do

NXP Semiconductors N.V. (NASDAQ: NXPI) enables a smarter, safer and more sustainable world through innovation. As a world leader in secure connectivity solutions for embedded applications, NXP is pushing boundaries in the automotive, industrial & IoT, mobile, and communication infrastructure markets. Built on more than 60 years of combined experience and expertise, the company has approximately 34,500 employees in more than 30 countries and posted revenue of $13.21 billion in 2022. Find out more at www.nxp.com. Privacy Policy: https://www.nxp.com/company/about-nxp/privacy-policy-for-social-media-pages:PRIVACY-POLICY-SOCIAL-MEDIA

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