Total Rewards Analyst

Job Overview

The Global Compensation team is responsible for designing, implementing, and continuously improving global compensation programs, tools, and initiatives—such as market intelligence, the annual year-end process, incentive management, the global job framework, and job evaluation. These efforts are aligned with TE’s internal strategies and external market conditions to attract, retain, and motivate talent worldwide. The team also leads the evaluation of total rewards cost containment strategies and recommends enhancements to ensure both effectiveness and sustainability. In addition, they ensure global compliance with compensation-related laws and regulations and uphold best practices to support a competitive and equitable rewards structure worldwide.

Job Responsibilities:

•    Responsible for compensation survey participation process globally.
•    Responsible for global market intelligence process:    
           o    Market matches to TE jobs
           o    Market data refresh each fiscal year.
           o    Manage survey vendor relationship
           o    Support executive benchmarking
•    Manage market pricing tool
•    Support global job framework maintenance
•    Provide regular insights with respect to market data, employee positioning to market, key areas of focus etc. to enable informed decisions.
•    Support TE’s global compensation planning cycle including analytics, testing, reporting, responding to question/queries and budgeting.
•    Responsible for Incentive plan accruals, incentive inventory & administration.
•    Identify opportunities to standardize and simplify processes.
•    Ad hoc compensation projects
 

Desired Candidate Profile:

• Bachelor’s degree
• Minimum of 5 years of compensation experience
• Ability to work in a matrixed environment and on global cross-cultural teams.
• Demonstrates strong analytical skills by critically evaluating information from diverse experiences to make well-informed decisions
• Compensation Survey participation 
• Year-end administration- Merit Cycle
• Ability to evaluate multiple perspectives and make sound decisions based on available data.
• Experience in identifying inefficiencies and recommending effective solutions
• Strong analytical and problem-solving skills with the ability to think critically and independently.
• Strong excel skills (formulae like VLOOKUP, functions, pivot etc.)
• Proven ability to take initiative and independently drive projects to success
• Process ownership/Project management experience
• Global compensation experience
• CCP or GRP desired
• Experience with Pay Factors desired
   

Competencies