Compensation Analyst

SK hynix America

$80K — $160K *
Information Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of compensation experience in high-growth environments, ideally with Engineering or Manufacturing teams.
  • Bachelor's Degree in Human Resources or a related field.
  • Familiarity with Radford data and ADP WorkforceNow systems.
  • Strong grasp of broad-based compensation programs including base, bonus, and retention strategies.
  • Expert-level proficiency in Microsoft Excel for data analysis and decision-making.
  • Excellent organizational skills, capable of managing multiple priorities under tight timelines.
  • Deep understanding of compensation mechanisms within the technology sector.

Responsibilities

  • Collaborate with HR leaders to enhance SK hynix's compensation strategies.
  • Align compensation structures with company philosophy in conjunction with staffing teams.
  • Serve as a key advisor in the creation and review of compensation programs.
  • Analyze and maintain compensation data to ensure fairness and equity.
  • Develop comprehensive compensation policies and conduct market benchmarking.
  • Manage semi-annual performance reviews and evaluate employee bonus distributions.
  • Conduct ad-hoc analysis to drive continuous improvements in compensation processes.

Benefits

  • Top-tier health insurance at no employee cost.
  • Generous Paid Time Off, including Company Holidays and Parental Leave.
  • 401k matching to support retirement savings.
  • Flexible Spending Accounts for health and dependent care expenses.
  • Educational reimbursement up to $10,000 per year for continued learning.
  • Donation matching programs and volunteering opportunities.
  • Corporate discount programs for various services and products.
  • Complimentary meals provided throughout the day.
Full Job Description
Job Title: Compensation Analyst

Office Location: San Jose, CA

Work Model: Onsite

About The Role:

The Compensation Analyst will play a key part in designing and implementing SK hynix's compensation structure and will provide compelling, data-driven insight to the team. The Compensation analyst will strive for continuous improvement in the processes. This individual must have the ability to be discreet, an effective communicator in influencing hiring managers and leaders, handle sensitive information, and more.

Job Responsibilities:
  • Partner with HR leaders and HR Business Partners to drive and ensure the success of SKHYA's compensation programs.
  • Collaborate with staffing team members and align the compensation with SK hynix's practice and philosophy.
  • Act as a Compensation Partner, problem solver, and be a key player in the creation, negotiation, and review of compensation programs.
  • Maintain and diagnose compensation data, pay ranges, and compensation structures, ensuring a balanced compensation gap and equitable compensation.
  • Design company-wide compensation policy, program, and benchmarking from market comp practices.
  • Lead all aspects of the semi-annual performance review cycles and analyze the bonus compensation awarded to employees.
  • Compile ad-hoc analysis data to build and plan continual improvement towards the compensation programs and processes.
  • Utilize effective communication and analytical skills to drive understanding of compensation philosophies and business practices among senior leadership and managers.


Requirements:
  • 5+ years of Compensation experience, preferably at high-growth company working with Engineering, Production, and/or Manufacturing groups.
  • Bachelor's Degree in Human Resources or equivalent.
  • Experience working with Radford data and ADP WorkforceNow.
  • Strong understanding of broad-based compensation programs (base/bonus/retention/sign-on bonus), pay for performance, benchmarking/market data, job evaluation, etc.
  • Expert level of Microsoft Excel and provide deep insight and strategies based on data driven information to drive successful decision-making.
  • Proven organizational skills with attention to detail and the ability to prioritize and work well in an environment with competing demands.
  • Strong understanding of compensation in the Technology industry.


Benefits:
  • Top Tier health insurance at no employee cost
  • Paid day offs: Paid Time Off, Company Holidays, Parental Leave, Happy Fridays
  • 401k Matching
  • Flexible Spending Account (FSA) for Health Care & Dependent Care
  • Educational reimbursement up to $10,000 per year
  • Donation Matching and volunteering opportunities
  • Corporate discount programs
  • Free Breakfast/Lunch/Dinner provided to employees


Compensation:

Our compensation reflects the cost of labor across several U.S. geographic markets, and we pay differently based on those defined markets. Pay within the provided range varies by work location and may also depend on job-related skills and experience. Your Recruiter can share more about the specific salary range for the job location during the hiring process.

Pay Range

$80,000-$160,000 USD

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