US Head of Compensation and Benefits
Company: Asml
Location: San Diego
Posted on: May 9, 2024
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Job Description:
Introduction to the jobASML US brings together the most creative
minds in science and technology to develop lithography machines
that are key to producing faster, cheaper, more energy-efficient
microchips. We design, develop, integrate, market and service these
advanced machines, which enable our customers - the worlds leading
chipmakers - to reduce the size and increase the functionality of
their microchips, which in turn leads to smaller, more powerful
consumer electronics. Our headquarters are in Veldhoven, the
Netherlands, and we have 18 office locations around the United
States including main offices in Chandler Arizona, San Jose and San
Diego California, Wilton Connecticut, and Hillsboro Oregon.Job
MissionThe US Head of Compensation and Benefits (C&B) is
responsible for the overall management of the US compensation and
benefit programs including the compensation philosophy, policies,
and practices. This role will work closely with the Global Head of
Compensation & Benefits, US Head of HR, HR Business Partners
(HRBPs) and Business Leaders to deliver innovative solutions that
continue to attract, motivate, and retain outstanding employees
throughout the US. They will create effective strategies to
evaluate competitive positions in employee compensation and
benefits. Additionally, US Head of C&B, develops cost control
procedures to assure maximum benefit coverage at the least possible
cost to the company and employee. This position ensures
compensation programs are consistently administered in compliance
with policies and governmental regulations. The US Head of C&B
also provides general oversight and guidance to the US Internal
Mobility office which is a component of the C&B
organization.Role and responsibilitiesLeads a team to develop and
manage the strategic design, and administration of compensation
programs including base pay, bonus, merit increases, incentive, and
equity programs as well as benefits in the United States. Partners,
aligns and communicates where appropriate with headquarters as well
as other regions.Analyzes salary survey data, market trends, and
competitive practices and make recommendations to management
regarding individual and organizational salary adjustments, merit
budgets, structure adjustments, and incentive and equity
eligibility levels.Evaluates grade level structure for base,
incentive, and equity compensation on an annual basis and making
recommendations when necessary.Drives buy in with business leaders
and other relevant stakeholders to potential change in cash, equity
pay, and benefit strategies driven by business needs and changing
market conditions. Allocate or re-allocate capital
efficiently.Seeks collaboration, exercises influence in order to
enable ASML to make systematic and precise adjustments to future
compensation and benefit plan design, pay budgets and workforce
planning.Works closely with Global C&B leader in developing a
differentiated total rewards strategy to help ASML achieve its
targeted growth and continuously aligned with its business
objectives.Advises/consults w/ company leadership and HRBPs on pay
decisions, policy and guideline interpretation, and job evaluation
including the design of creative solutions to specific
compensation-related programs.Close Strategic Partnering with US
HRBPs and business leaders to ensure employee understanding of
salary administration, incentive and equity programs, and
performance management through training programs and regular
communications.Develops specific and effective communication plans
for both compensation and benefits (policy features, eligibility,
enrollment).Understands the legal issues around compensation and
benefits and develops and implements appropriate programs to ensure
compliance.Tracks and reports on financial benefits and performs
additional investigations and analyses regarding best cost
options.Designs, develops, and manages budgets and plans for
compensation and benefit programs.Evaluates and compares existing
benefits plans with those of other employers by analyzing other
plans, surveys, and other sources of information.Plans, develops,
and/or participates in area and industry surveys. Analyzes results
of surveys and develops specific recommendations for review by
management.Assists in developing company cost information for new
benefits plans and makes recommendations to management concerning
sharing of cost between employer and employee.Participates in
global initiatives to harmonize C&B policies, programs and
administration where possible.Education and experienceRequires a
Bachelor's Degree in Human Resources or related field. Master's
degree or MBA highly desirable.15+ years of experience in Human
Resources with a strong focus and track record leading Compensation
and Benefits.Experience in the Semiconductor or Technology industry
is strongly desired.Proficiency in California and Bay Area
compensation is strongly desired.Previous C&B Leadership in a
global company at the division/regional level or in a global
capacity with annual revenues greater than $500 Million is
desired.Cloud based HRIS experience and knowledge of HAY leveling
structure desired.PHR or SPHR and CCP/CBP highly
desirable.SkillsCandidate must possess superior business acumen to
effectively partner with the business leaders and align the total
rewards programs to the business needs and strategies. This is a
critical success factor.Candidate must have excellent written and
verbal communication skills.Excellent problem solving and
analytical skills. The ability to translate and statistically
analyze data, and effectively report problems through written
and/or graphical formats.Excellent relationship building skills.
Recognized as a leader with outstanding service at all levels of an
organization.In-depth knowledge of compensation theory and practice
and knowledge of state and federal compensation laws and
regulations required.Must be a results-driven, highly energetic,
service oriented, team player who can function effectively and
independently in a fast-paced dynamic matrix environment.Strong
organizational skills, attention to detail, and ability to handle
multiple tasks.Strong leadership, management, goal accomplishment,
interpersonal, and communication skills required.Upholds the
highest level of confidentiality, discretion, and integrity.An
ability to use excel, MS Word, PowerPoint, and electronic e-mail
systemsOther informationPreferred Location: San Diego, Wilton, or
San JoseThe current base annual salary range for this role is
currently $159,375-$265,625. Pay scales are determined by role,
level, location and alignment with market data. Individual pay is
determined through interviews and an assessment of several factors
that that are unique to each candidate, including but not limited
to job-related skills, relevant education and experience,
certifications, abilities of the candidate and pay relative to
other team members. Our recruiters can share more information about
our bonus program, benefits and equity during the hiring
process.Diversity and inclusionASML is an Equal Opportunity
Employer that values and respects the importance of a diverse and
inclusive workforce. It is the policy of the company to recruit,
hire, train and promote persons in all job titles without regard to
race, color, religion, sex, age, national origin, veteran status,
disability, sexual orientation, or gender identity. We recognize
that diversity and inclusion is a driving force in the success of
our company.Need to know more about applying for a job at ASML?
Read our frequently asked questions .Request an AccommodationASML
provides reasonable accommodations to applicants for ASML
employment and ASML employees with disabilities. An accommodation
is a change in work rules, facilities, or conditions which enable
an individual with a disability to apply for a job, perform the
essential functions of a job, and/or enjoy equal access to the
benefits and privileges of employment. If you are in need of an
accommodation to complete an application, participate in an
interview, or otherwise participate in the employee pre-selection
process, please send an email to USHRServiceCenter@asml.com to
initiate the companys reasonable accommodation process.by
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Keywords: Asml, National City , US Head of Compensation and Benefits, Other , San Diego, California
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