Compensation/Benefits Analyst 3

About this role

Serves as a compensation and benefit analyst supporting global and regional compensation and benefits programs. Partners with HRBPs and HR Shared Services on benefit programs management inclusive of insured and self-insured benefits. Conducts comprehensive compensation and benefits audits to ensure adherence to policies and regulatory compliance, and to optimize processes

Manages third-party benefit administrator, evaluating vendor performance, and optimizing processes for compliance and efficiency. Performs data analysis using internal and external data to identify gaps, trends and meaningful insights to support decision making. May support other TR programs and initiative as and when needed

Plans, leads, and manages annual benefit programs in partnership with HR Shared Services. Coordinates annual benefits renewal activities with regional benefit vendors, providing data and information support, conducting contract reviews, arranging employee communications, and facilitating payment and billing processes. Manages ongoing benefits vendor/external service providers relations to ensure timely and satisfactory service delivery levels and standards

Assists in the planning, development and redesign of company benefit programs, while also analyzing the associated cost of benefits. Participates in major surveys and conducts analysis of market data to inform decision-making regarding compensation and benefits strategies. Conducts data audits within the HR system on Compensation and Benefits related items, identifying gaps, recommends changes and ensuring compliance with policies and practices

Stay updated on industry trends, regulations, and best practices related to compensation and benefits program design. Assists the Total Rewards Senior Manager in implementing educational initiatives, managing change, and facilitating the adoption of new or revised benefits programs. Bachelor's degree in Business, HR or a related field with a minimum of 5 years' relevant experience

Apply for this role on Lam Research’s official careers site.