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Role and Responsibilities
Reporting into the SVP, Human Resources, the Senior Director II, Total Rewards role will effectively partner with leadership to ensure the alignment of design initiatives with business goals and objectives across Compensation (including executive compensation), Benefits, Bonus Incentive Programs, Performance Enablement and Culture. With an emphasis on employee engagement, belonging and culture, this position is responsible for leading the development and delivery of progressive and strategic compensation solutions, including executive compensation and will lead the development and administration of all compensation and benefit plans, policies and programs targeted at retaining the company's competitive position and maximizing associates' productivity, associates' engagement and retention.
The role of is responsible for and has direct oversight of each vertical of our Total Rewards organization which includes; Regional and Local Benefit Administration, Compensation, Bonus & Incentive Programs, and Culture
Design, execute and measure Samsung Electronics America’s compensation & benefits strategy including the development and delivery of progressive and strategic compensation solutions, including executive compensation
Gather, analyze and leverage internal data and external/competitive insights to identify opportunities for competitive differentiation
Work closely with the VP Community, CHRO, CEO, General Counsel, CFO and other key stakeholders to develop executive compensation and benefit programs
Prepares annual, executive compensation and benefits proposals for review and alignment from the Samsung Electronics America Compensation Committee approval
Promote proactive benefits and compensation strategies and drive understanding of practices across the executive/manager and employee base, establish key initiatives, and communicate insights & recommendations to Executive Leadership that enhance current offerings and/or best manage cost
Establish mechanisms to measure, track, and report on compensation and benefits metrics (both direct/in-house and via the partnerships with vendors); develop and enable the capabilities of the executive and leadership team to consistently and effectively deliver the Samsung total compensation offering and valueproposition
Direct oversight to both regional and local employee benefits program includes 401(k) and nonqualified deferred compensation plans, leave policies, wellness program, and insurance policies such as health, life, and disability
Select benefits vendors and oversee the enrollment, renewal, and distribution processes for the organization
Ensures successful execution of quarterly and semi-annual incentive cycles, annual performance management cycle and related processes and projects related to the Management by Objective (MBO) Plan, which is SEA’s short term incentiveprogram
Responsibility for ensuring adherence to and monitoring government regulations and market trends to ensure programs are legal, current, andcompetitive
Oversee Culture team building, fostering and demonstrating a workplace culture reflective of our company values; including the development and implementation of strategic initiatives related to shaping a strong organizational culture, aligning programs & people with our company objectives and key initiatives
Lead and support Enterprise-wide Engagement, striving for a cohesive culture, enhancing productivity and cultural change through recognition, initiatives, incentives andcommunications
Skills and Qualifications
Bachelor's Degree in related field, Human Resources, Business Analytics, Finance, Economics, Mathematics preferred
15+ years of relevant experience, showing progression in role and leadership over time
Clear functional understanding of core HR business practices, processes, and terminology (HRIS, compensation, recruiting, performance management) and the ability to develop solutions to address business problems and requirements
Global Business Acumen, understand the complexity of business on a global scale. Embrace cultural and individual differences with empathy. Work with the nuances of specific local cultures to make informed decisions
Strategic and Analytical Capability, ability to think globally, strategically, and objectively. Effectively translates data into actionable insights, strategies and financial plans
Leading Teams, attracts, develops and motives the talent needed for current and future business requirements
Articulates an inspiring vision for the future, establishes high performance expectations and sets example through own behavior
Leadership experience, able to motivate and engage a high performing team
Excellent communication skills, both verbal and written
Able to tell a story by looking at data and using data visualization
Excellent project management and problem-solving skills
Manages time effectively and adapts easily to shifting priorities
Collaborative, recognizing when and how to build consensus around an idea
Certified Compensation Professional preferred
Compensation consulting background a plus
Technical skills useful for the job: Workday, Advanced MS Excel, Technical Communication
Work Environment:
Minimal and occasional travel may be required (~15%)
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