Principal Compensation Analyst

Company: Synopsys
Location: Marlborough
Posted on: January 26, 2025

Job Description:

We Are:At
Synopsys, we drive the innovations that shape the way we live and connect. Our
technology is central to the Era of Pervasive Intelligence, from self-driving
cars to learning machines. We lead in chip design, verification, and IP
integration, empowering the creation of high-performance silicon chips and
software content. Join us to transform the future through continuous
technological innovation.You Are:You
are a seasoned compensation analyst with a deep expertise in compensation
analysis and modeling. With a strategic mindset and analytical prowess, you
excel in developing competitive salary structures grounded in equitable
compensation practices. You possess advanced technical skills in Excel, Power
Query/BI, and other data analysis tools, allowing you to derive insights and
drive data-driven decision-making. Your experience with SuccessFactors and
other HRIS platforms enables you to streamline compensation processes and
enhance efficiency. You thrive in dynamic environments, adeptly leading and
managing multiple projects and collaborating across teams. Your exceptional
project management and organizational skills ensure timely and effective
execution of compensation initiatives with your customers. You have an ability
to adapt and thrive during times of change and transformation, which makes you
a trusted compensation partner.What You'll Be Doing:Playing a
key role in the company year-end compensation planning and merit/bonus
cycles.Submitting
market data and developing competitive salary ranges.Utilizing
SuccessFactors for compensation-related processes.Applying
advanced technical expertise in Excel, Power Query/BI, and other data
analysis functions.Leading and
managing multiple projects simultaneously with a high degree of
initiative.Supporting
compensation programs cross-functionally and collaboratively, across teams
within HR and the business.The Impact You Will Have:Driving the
strategic goals of the organization through effective compensation
planning.Ensuring
competitive and equitable salary structures that attract and retain top
talent.Enhancing
the effectiveness of compensation programs through data-driven insights.Fostering
trust and credibility across various working teams in COEs, Total Rewards,
the People Partner team and our business.Supporting
redesign of compensation programs that align with organizational goals and
contribute to the overall success and sustainability of Synopsys.What You'll Need:Experience
in broad-based compensation, running company year-end compensation
planning, merit/bonus cycles, submitting market data, developing salary
ranges, and supporting the business in their planning and jobs.Advanced
technical expertise in Excel, Power Query/BI, and other data analysis
functions.Strong
compensation analysis and modeling capabilities.Strong
analytical skills, project management, and organizational skills.Proficiency
with SuccessFactors (a plus).CCP or
other relevant certifications (a plus).Who You Are:Creative
problem solver with an ability to break down problems.Ability to
adapt and thrive during times of change and ambiguity.Strong
communicator and collaborator.Detail-oriented
and highly organized.Proactive
and able to take initiative.The Team You'll Be A Part Of:You
will be part of a dynamic and collaborative Total Rewards team that focuses on
driving the strategic goals of the organization through effective compensation
design, planning and implementation. Our team values innovation, collaboration,
and data-driven decision-making, and we work closely with various departments
to ensure competitive and equitable compensation practices.Rewards and Benefits:We
offer a comprehensive range of health, wellness, and financial benefits to
cater to your needs. Our total rewards include both monetary and non-monetary
offerings. Your recruiter will provide more details about the salary range and
benefits during the hiring process.Your
extensive experience equips you with a solid foundation to draw upon, allowing
you to adapt, learn, and thrive during times of change and transformation.
Inclusion and Diversity are important to us. Synopsys considers all applicants for employment without regard to race, color, religion, national origin, gender, sexual orientation, gender identity, age, military veteran status, or disability.

In addition to the base salary, this role may be eligible for an annual bonus, equity, and other discretionary bonuses. Synopsys offers comprehensive health, wellness, and financial benefits as part of a of a competitive total rewards package. The actual compensation offered will be based on a number of job-related factors, including location, skills, experience, and education. Your recruiter can share more specific details on the total rewards package upon request. The base salary range for this role is across the U.S.
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Keywords: Synopsys, Newton , Principal Compensation Analyst, Professions , Marlborough, Massachusetts