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Sr. Compensation Analyst

S

Location
United States
Base Salary
85k USD
Silvaco

Job Description

About Silvaco, Inc.

Silvaco is a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and AI through software and innovation. Silvaco’s solutions are used for process and device development across display, power devices, automotive, memory, high performance compute, photonics, internet of things, and 5G/6G mobile markets for complex SoC design. Silvaco is headquartered in Santa Clara, California, and has a global presence with offices located in North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan.

JOB SUMMARY

We are seeking an experienced Sr. Compensation Analyst to join our team. The Sr. Compensation Analyst will be responsible for designing, implementing, and managing compensation programs that attract, motivate, and retain talent. This role involves conducting market research, analyzing compensation data, and providing strategic recommendations to ensure competitive and equitable pay practices.

ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES; include but not limited to:

  • Conduct regular market salary surveys to benchmark compensation packages against industry standards and trends.
  • Evaluate job descriptions and determine appropriate salary ranges based on market data, internal equity, and organizational objectives.
  • Collaborate with HR leadership to develop and refine compensation strategies aligned with organizational goals and budget.
  • Develop and maintain compensation policies and procedures to ensure compliance with regulations and best practices.
  • Lead compensation-related projects, such as salary structure reviews, incentive plan design, and annual compensation reviews.
  • Maintain and analyze compensation data in HRIS systems, ensuring accuracy and confidentiality.
  • Build and maintain strong relationships with business unit leaders and executives, understanding their needs and expectations.

QUALIFICATIONS AND REQUIRED EXPERIENCE

  • Bachelor's degree in Human Resources, Business Administration, or a related field
  • Excellent proficiency in Excel, including ability to model & interpret data
  • Strong, hands-on experience of job evaluation & benchmarking, as well as ideally having modeled/designed salary structures from start to finish
  • Experience in benchmarking and ideally designing incentive plans, including short-term, long-term & sales
  • Experience in leading Annual Review Process (i.e. merit budgeting, etc.)
  • Strong HRIS background, with ability to learn & take over administration/set up of processes in Rippling

PHYSICAL REQUIREMENTS

  • Prolonged periods of sitting.
  • Prolonged periods of typing
  • Clarity of vision at approximately 20 inches or less (i.e., working with small objects or reading small print), including use of computers.
  • Ability to lift (up) to 15 pounds at times.

As part of our team you’ll enjoy:

  • Competitive salary
  • Exceptional benefits package
  • Paid Time Off and Holiday pay
  • Employer-matched 401(k) plan
  • A place where work-life balance is valued.

The US base salary range for this full-time position is $85,000-115,000. Our salary ranges are determined by role, level, and location, and the range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location, role-related knowledge and skills, depth of experience, relevant education or training, and additional role-related considerations.

Depending on the position offered, equity, bonuses, commission, or other forms of compensation may also be provided as part of a total compensation package, in addition to a full range of medical, financial, and other benefits.

WE ARE AN EQUAL OPPORTUNITY EMPLOYER

At Silvaco, we do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

If you need assistance or an accommodation due to a disability, please contact us at 408.567.1000.

https://www.silvaco.com/

Advice from our career coach

To succeed in applying for the Sr. Compensation Analyst position at Silvaco, Inc., it is crucial to have a strong background in compensation analysis and strategy. Here are some tips to help you stand out as a candidate:

  • Highlight your experience in conducting market salary surveys and analyzing compensation data.
  • Showcase your ability to develop and refine compensation strategies aligned with organizational goals.
  • Demonstrate your proficiency in Excel, job evaluation, benchmarking, and designing incentive plans.
  • Emphasize your experience in leading annual compensation review processes and maintaining compensation data in HRIS systems.
  • Discuss your ability to build strong relationships with business leaders and executives.

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About the job

Nov 1, 2024

Full-time

85k USD

  1. US United States
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