Total Rewards Manager: Compensation & Benefits Strategy

Tower Semiconductor Ltd.; Newport Beach (CA); On-site; USD 110,000 - 160,000; Full time

Job summary

Tower Semiconductor Ltd. is seeking a Total Rewards Manager to design and manage our rewards programs. This role will oversee compensation, benefits, recognition, and wellbeing initiatives to attract and retain top talent.

The candidate will collaborate with HR leadership to ensure programs align with business goals and remain competitive in the market. Experience with data-driven decisions is essential.

Qualifications

• Bachelor’s degree in HR, business, finance, or a related field.
• 5+ years of experience in total rewards, compensation, benefits, or HR.
• 3+ years of experience in managing 1 or more direct reports.
• Strong knowledge of compensation structures, benefits administration, and regulatory compliance.
• Experience conducting market analysis and compensation benchmarking.
• Proficiency in HRIS, compensation tools, and benefits platforms.
• Advanced Excel skills and experience analyzing HR data.
• Certification such as CCP or CEBS is a plus.
• Strategic mindset with the ability to align total rewards with business goals.
• Excellent analytical, problem-solving, and project management skills.
• Strong communication and stakeholder management abilities.
• Ability to work in a fast-paced, dynamic environment.

Responsibilities

• Design, implement, and manage the organization's total rewards strategy.
• Collaborate with HR leadership and stakeholders to align initiatives with business goals.
• Develop data-driven recommendations to enhance employee experience and organizational success.
• Lead compensation, benefits, and recognition program design and evaluation.
• Ensure compliance with applicable wage, hour laws and corporate policies.

Skills

Analytical skills

Project management

Communication skills

Stakeholder management

Education

Bachelor's degree

Tools

HRIS

Compensation tools

Benefits platforms

Excel

Job description

Tower Semiconductor Ltd. is seeking a Total Rewards Manager to design and manage our rewards programs. This role will oversee compensation, benefits, recognition, and wellbeing initiatives to attract and retain top talent.

The candidate will collaborate with HR leadership to ensure programs align with business goals and remain competitive in the market. Experience with data-driven decisions is essential.