Position SummaryReporting 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 value proposition
- 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 incentive program
- Responsibility for ensuring adherence to and monitoring government regulations and market trends to ensure programs are legal, current, and competitive
- Bachelor's Degree in related field, Human Resources, Business Analytics, Finance, Economics, Mathematics preferred
- 16+ years of relevant experience, showing progression in role and leadership over time
Skills and QualificationsPreferred Qualifications:- 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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Life @ Samsung - https://www.samsung.com/us/careers/life-at-samsung/
Benefits @ Samsung - https://www.samsung.com/us/careers/benefits/
Regular full-time employees (salaried or hourly) have access to benefits including: Medical, Dental, Vision, Life Insurance, 401(k), Employee Purchase Program, Tuition Assistance (after 12 months), Paid Time Off, Student Loan Program (after 12 months), Wellness Incentives, and many more. In addition, regular full-time employees (salaried or hourly) are eligible for MBO bonus compensation, based on company, division, and individual performance.
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