Principal Compensation Business Partner

Synopsys • Marlborough, MA

282d • $148,000 - $222,000

About The Position

As a Compensation Business Partner, you will collaborate with People Partners and business leaders to deliver competitive and analysis-driven compensation programs aligned with our compensation philosophy and values. You will build effective cross-functional relationships, use your analytical skills to strengthen your recommendations, and influence change using a proactive and consultative approach. You will thrive in dynamic environments, adeptly leading and managing multiple projects, and collaborating across teams to ensure timely and effective execution of compensation initiatives. Your exceptional project management and organizational skills, ability to adapt and thrive during times of change and transformation, and strategic mindset will help you build trust across the organization.

Requirements

• 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).

Responsibilities

• Providing compensation expertise and detailed analysis to the Go to Market function on all aspects of compensation programs.
• Supporting design, change management, and communication efforts associated with our compensation programs and practices.
• Building and maintaining strong relationships with key partners within HR and the business.
• Designing proactive data-driven recommendations to support retention, recognition, promotions, transfers, job matches, and job leveling.
• 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.
• Utilizing SuccessFactors for compensation-related processes.

Benefits

• Comprehensive health, wellness, and financial benefits.
• Annual bonus eligibility.
• Equity and other discretionary bonuses.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Publishing Industries