total rewards analyst

1 week ago


Bengaluru, Karnataka, India TE Connectivity Full time
At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world. Job Overview

TE Connectivity's Total Rewards teams develop, implement and evaluate Total Rewards programs, tools and initiatives (e.g., wage and salary administration, short- and long-term incentives, job evaluation, global mobility, executive compensation and health, life and retirement benefits) in the context of TE's internal and external environment to attract, retain and motivate employees. They administer and communicate the company's benefits program plan options, features and enrollment requirements and assist employees with benefit claim administration inquiries. They implement and execute mobility programs and services supporting employee short- and long-term transfers, assignments, country entry and domestic or international relocation. In addition, the Total Rewards team analyzes Total Reward cost containment strategies and make recommendations for improvement/enhancement as appropriate. They also ensure company compliance with federal and state laws governing both compensation and benefits practices and stay current with laws, regulations and procedures governing international mobility and immigration.

Roles & Responsibilities
  • Lead compensation survey participation process globally
  • Lead global market intelligence process on compensation benchmarking:

Market matches to TE jobs

-Market data refresh each fiscal year.

- Manage survey vendor relationship

  • Lead market pricing tool and automate the scalable processes in partnership with the vendor.
  • 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, and budgeting.
  • Assist in the refinement of TR's global job framework materials.
  • Support incentive plan accruals and administration
  • Identify opportunities to standardize and simplify processes.
  • Support Global mobility processes such invoicing and administration of secondment agreements.
  • Global compensation experience
  • Survey participation and year end administration
  • Strong analytical and data interpretation skills
  • Strong excel skills (formulae like VLOOKUP, functions, pivot etc.)
  • Self-driven and decision-making ability
  • Proven process improvement/optimization experience
  • Process ownership/Project management experience
Qualification and experience
  • 8 - 10 years of experience with minimum of 2 years in compensation and benefits administration, data analysis, or finance experience
  • Ability to work in a matrixed environment and on global cross-cultural teams.
  • Solid analytical skills and ability to utilize a range of experiences to make informed judgments.
  • Strong Excel skill
Competencies
Values: Integrity, Accountability, Teamwork, Innovation

ABOUT TE CONNECTIVITY

TE Connectivity is a global technology leader enabling a secure, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions have been proven in the most demanding environments, enabling advancements in transportation, industrial applications, medical technology, energy technology, data communications, and for the home. With more than 85,000 employees, including more than 7,500 engineers, we work with customers in nearly 140 countries. TE ensures that EVERY CONNECTION COUNTS. Learn more at and on LinkedIn, Facebook, WeChat and Twitter.

WHAT TE CONNECTIVITY OFFERS:

We are pleased to offer you an exciting total package that can also be flexibly adapted to changing life situations - the well-being of our employees is our top priority



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