Compensation & Benefits Analyst 3

Lam Research; Selangor; Hybrid; MYR 120,000 - 180,000; Full time

Job summary

Lam Research in Malaysia is seeking a Total Rewards Analyst to support compensation and benefits programs regionally and globally. The role emphasizes program design, governance, analysis, vendor management, and employee communications, reporting to the Total Rewards Manager.

You will partner with HR Shared Services and HRBPs, contribute to annual benefits renewals, audits, and cost analyses, and help drive regional initiatives within a hybrid work model.

Qualifications

• Bachelor’s degree in Business, HR or related field required.
• Minimum 5 years of experience in Compensation & Benefits functions.
• Strong English communication skills, both verbal and written.

Responsibilities

• Support global and regional compensation and benefits programs.
• Partner with HRBPs and HR Shared Services on benefit management.
• Conduct audits to ensure policy compliance and process optimization.
• Manage third‑party benefit administrator relationships and vendor performance.
• Perform data analysis to identify trends and inform decisions.
• Participate in Total Rewards projects as needed.

Skills

English communication

Attention to detail

Analytical thinking

Education

Bachelor’s degree in Business/HR or related field

Tools

Microsoft Word

PowerPoint

Excel

HRIS

SuccessFactors

Workhuman

Job description

The impact you’ll make

This role will primarily support Total Rewards benefit programs in Malaysia, with a focus on program design, policy, governance, analysis, vendor management, and employee communications. The role will partner closely with HR Shared Services, which manages day‑to‑day administration, and may also support regional benefits programs as business needs evolve. From time to time, the role may participate in broader Total Rewards projects, including compensation‑related work. This is a full‑time position based in Malaysia and reporting directly to the Total Rewards Manager.

The group you’ll be a part of

Global Total Rewards

What You’ll Do

Main Responsibilities

• Serves as a compensation and benefit analyst supporting global and regional compensation and benefits programs.
• Partners with HRBPs and HR Shared Services on benefit programs management inclusive of insured and self‑insured benefits.
• Conducts comprehensive compensation and benefits audits to ensure adherence to policies and regulatory compliance, and to optimize processes.
• Manages third‑party benefit administrator, evaluating vendor performance, and optimizing processes for compliance and efficiency.
• Performs data analysis using internal and external data to identify gaps, trends and meaningful insights to support decision making.
• May support other TR programs and initiative as and when needed.

Other Responsibilities

• Plans, leads, and manages annual benefit programs in partnership with HR Shared Services.
• Coordinates annual benefits renewal activities with regional benefit vendors, providing data and information support, conducting contract reviews, arranging employee communications, and facilitating payment and billing processes.
• Manages ongoing benefits vendor/external service providers relations to ensure timely and satisfactory service delivery levels and standards.
• Assists in the planning, development and redesign of company benefit programs, while also analyzing the associated cost of benefits.
• Participates in major surveys and conducts analysis of market data to inform decision‑making regarding compensation and benefits strategies.
• Conducts data audits within the HR system on Compensation and Benefits related items, identifying gaps, recommends changes and ensuring compliance with policies and practices.
• Utilize statistical methods and data visualization techniques to interpret compensation trends and patterns.
• Stay updated on industry trends, regulations, and best practices related to compensation and benefits program design.
• Assists the Total Rewards Manager in implementing educational initiatives, managing change, and facilitating the adoption of new or revised benefits programs.

Who We’re Looking For

• Bachelor’s degree in Business, HR or a related field with a minimum of 5 years relevant experience in the Compensation & Benefit function.
• Compensation and benefits knowledge with demonstrated progressive responsibilities, preferably in the high technology and/or manufacturing industry within global companies.
• Demonstrated English language verbal and written communication skills required.
• Proficient with desktop software, including Microsoft Word, PowerPoint, and Excel; demonstrated ability to effectively utilize HR Information Systems; experience with SuccessFactors and/or Workhuman a plus.
• Excellent customer service skills and strong work ethic; ability to interface effectively with employees across cultures.
• Demonstrated attention to detail; ability to translate analyses into concise and clear management reports/presentations.
• A passion for accuracy and problem solving, with a sense of urgency.

Our commitment

We believe it is important for every person to feel valued, included, and empowered to achieve their full potential. By bringing unique individuals and viewpoints together, we achieve extraordinary results.

Lam Research ("Lam" or the "Company") is an equal opportunity employer. Lam is committed to and reaffirms support of equal opportunity in employment and non‑discrimination in employment policies, practices and procedures on the basis of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex (including pregnancy, childbirth and related medical conditions), gender, gender identity, gender expression, age, sexual orientation, or military and veteran status or any other category protected by applicable federal, state, or local laws. It is the Company's intention to comply with all applicable laws and regulations. Company policy prohibits unlawful discrimination against applicants or employees.

Work Location Models

Lam offers a variety of work location models based on the needs of each role. Our hybrid roles combine the benefits of on‑site collaboration with colleagues and the flexibility to work remotely and fall into two categories – On‑site Flex and Virtual Flex. ‘On‑site Flex’ you’ll work 3+ days per week on‑site at a Lam or customer/supplier location, with the opportunity to work remotely for the balance of the week. ‘Virtual Flex’ you’ll work 1‑2 days per week on‑site at a Lam or customer/supplier location, and remotely the rest of the time.