Lead Comp Business Partner

Analog Devices International Unlimited Company; Wilmington (MA); On-site; USD 106,000 - 160,000; Full time

Job summary

A leading company is hiring a Lead Compensation Business Partner to manage and support their Compensation Programs. The role entails collaborating with HR and providing data-driven insights to structure competitive compensation packages, requiring strong communication and analytical skills, as well as at least 7 years of relevant experience.

Benefits

Medical coverage

Vision coverage

Dental coverage

401k

Paid vacation

Holidays

Sick time

Discretionary performance-based bonus

Qualifications

• Collaborating and working with others across levels.
• Excellent communication skills with diverse groups.
• Minimum of 7 years in Compensation, Finance, or Business Analyst experience.

Responsibilities

• Partner with HR for compensation advisory.
• Implement annual Compensation strategy.
• Develop cost models and forecasts for programs.

Skills

Communication

Problem solving

Research

Flexibility

Confidentiality

Technical Skills

Adaptability

Understanding of Financials

Detail oriented

Education

Bachelor’s Degree in Business Administration

Tools

Workday

Excel

Job description

Lead Comp Business Partner page is loaded

Lead Comp Business Partner

Apply locations US, MA, Wilmington time type Full time posted on Posted 4 Days Ago job requisition id R252990

About Analog Devices

Analog Devices, Inc. (NASDAQ: ADI ) is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge. ADI combines analog, digital, and software technologies into solutions that help drive advancements in digitized factories, mobility, and digital healthcare, combat climate change, and reliably connect humans and the world. With revenue of more than $9 billion in FY24 and approximately 24,000 people globally, ADI ensures today's innovators stay Ahead of What's Possible. Learn more at www.analog.com and on LinkedIn and Twitter (X) .

The Lead Compensation Business Partner is a key contributor to the success of the ADI’s Compensation Programs.

• Partner with the HR Business Partners and Senior Leaders as trusted advisor on compensation matters within their organizations. Partner with regional compensation business partners in support of your organizations around the world.
• Work closely with Talent Acquisition to understand key competitive challenges and assist in structuring compensation packages for critical hires when needed.
• Assist in the implementation of the annual Compensation strategy and philosophy.
• Facilitate meetings and training sessions with HR Business Partners, managers and employees to educate and update staff on Compensation policies and programs.
• Play an integral part of the annual Focal process by supporting system configuration and testing, communication, and program analytics.
• Ensure pay practices are competitive and responsive to the evolution of the organization. Maintain and communicate a broad base pay system that is internally equitable and externally competitive by measuring jobs in terms of their relative value to the organization, industry, and country/local competitive markets, in turn attracting and retaining top talent.
• Facilitate the participation, evaluation, and assessment of compensation surveys to ensure best practices and that strategic, tactical corporate objectives and efficient administrative practices are developed and maintained.
• Develop cost models, forecast analyses and plan design recommendations on a variety of global compensation programs.
• Manage the job change process to ensure pay is in accordance with ADI’s compensation practices and internal compensation guidelines.
• Stay updated on Federal and/or State laws impacting employee compensation programs and recommend changes to programs, if necessary.
• Responsible for Ad Hoc Reporting and Project Management as assigned to support the Global Compensation function.
• Compensation analysis and support for Mergers and Acquisition activities.

Essential Skills/Qualifications

• Collaborating and working with others – a demonstrated ability to partner and facilitate discussions with managers and employees at all levels in the organization; resolution focused
• Communication - excellent communication skills. Ability to interact with employees and managers who possess different levels of understanding in Compensation and Benefits matters. Ability to communicate complex concepts and subjects to diverse groups. Must be able to draft clear and concise companywide communications.
• Problem solving – must be able to identify and resolve problems in a timely manner; appropriately gather and analyze information and apply creative ideas to problem solving.
• Flexibility - the ability to plan, organize, and prioritize multiple and simultaneous compensation related projects and programs in a changing corporate environment.
• Research - ability to quickly and accurately research issues and propose solution or course of action.
• Confidentiality - ability to maintain the confidentiality of sensitive Company and personal information.
• Technical Skills - must possess technical knowledge of competitive compensation practices and State and Federal legal requirements.
• Quality – demonstrate accuracy and thoroughness and monitors own work to ensure quality. Detail orientated.
• Adaptability – must be able to adapt to a rapidly changing work environment and manage competing demands in a productive manner.
• Understanding of Financials – Ability to interpret and utilize financial statements in order to perform sensitivity analysis when evaluating Rewards Programs.
• Intermediate to advanced skills in Excel.

Special Requirements

• Bachelor’s Degree in Business Administration, Human Resources or related preferred
• Requires a minimum of 7 years of Compensation, Finance, or Business Analyst experience,
• Experience with Workday preferred
• CCP Certification Preferred
• Knowledge and experience with job evaluation methodologies preferred

For positions requiring access to technical data, Analog Devices, Inc. may have to obtain export licensing approval from the U.S. Department of Commerce - Bureau of Industry and Security and/or the U.S. Department of State - Directorate of Defense Trade Controls. As such, applicants for this position – except US Citizens, US Permanent Residents, and protected individuals as defined by 8 U.S.C. 1324b(a)(3) – may have to go through an export licensing review process.

Analog Devices is an equal opportunity employer. We foster a culture where everyone has an opportunity to succeed regardless of their race, color, religion, age, ancestry, national origin, social or ethnic origin, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, parental status, disability, medical condition, genetic information, military or veteran status, union membership, and political affiliation, or any other legally protected group.

EEO is the Law: Notice of Applicant Rights Under the Law .

Job Req Type: ExperiencedRequired Travel: Yes, 10% of the timeShift Type: 1st Shift/DaysThe expected wage range for a new hire into this position is $106,500 to $159,750.

• Actual wage offered may vary depending on work location , experience, education, training, external market data, internal pay equity, or other bona fide factors.

• This position qualifies for a discretionary performance-based bonus which is based on personal and company factors.

• This position includes medical, vision and dental coverage, 401k, paid vacation, holidays, and sick time, and other benefits.

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