Principal, Total Rewards

L3HHCM20•City of Rochester, NY

6d•Hybrid

About The Position

The Principal, Total Rewards Compensation team member partners with the segment Compensation team, the corporate Compensation team, Human Resource Business Partners, People Analytics team, as well as Sales and sector business leaders to execute compensation programs (both base and incentive pay), ensure compliant and best-in-class practices, and strategically drive policies and practices that align with L3Harris’ goals and competitive practices. This role will focus specifically on international compensation, driving the segment strategy for compliance, consistency and harmonization of practices.

Requirements

Bachelor's Degree with 12 years prior experience, Graduate Degree with 10 years prior experience. In lieu of a degree, minimum of 16 years of prior related experience.

Nice To Haves

Experienced professional with strong knowledge of international (non-US) compensation practices and requirements.
Incentive compensation experience regarding sales plan design and payout calculations.
Strong verbal and written communication skills and comfortable dealing with all levels of employees and management.
Advanced skills in MS Word, Excel, PowerPoint and Outlook; must be able to effectively use excel for reporting and data analysis (Pivot Tables, X-Lookups, If-statements, and advanced formulas), managing data and creating charts.
Possess highly developed analytical skills, including strong communication skills and the ability to develop and identify trends and patterns using metrics.
Ability to interpret data to help inform and drive strategic initiatives.
World at Work Certification(s)
Broad knowledge of project management.
Strong customer service, presentation, multi-tasking and prioritization skills.

Responsibilities

Strategically lead international harmonization and compliance projects, collaborating across HR, Finance, Payroll, Legal functions as well as local leadership.
Act as international compensation subject matter expert, staying abreast of international business needs, compensation trends and requirements, and ensuring HR business partners are educated and informed accordingly.
Partner with HR team members to provide compensation and consulting services; reinforcing the company’s overall compensation philosophy with all recommendations made.
Perform detailed analysis, interpret results, then recommend and implement measures to meet business needs.
Perform job analysis, position evaluation and grading to ensure internal titling, leveling and mapping within the segment is consistent and compliant, as well as to ensure equity and market competitiveness.
Represent segment on company-wide compensation-related improvement initiatives and projects as needed.
Identify and execute process improvement opportunities within the CSD Total Rewards space.
Manage complex projects and initiatives or serve on project teams representing CSD Total Rewards focusing on various HR operational topics; collaborate with appropriate teams to drive strategy while providing comprehensive impact analysis and recommendations.
Ensure compliance with all laws governing compensation practices and proactively review legislation or market changes.
Act as a key business partner and compensation subject matter expert, interfacing regularly with: Sales, Business planning, Finance, Contracts and Legal as well as within the HR function.
Manage the calculation and communication of quarterly sales incentive payments and forecasts as well as other non-executive incentive programs.