NS
Hiring companyNXP Semiconductors
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Senior Rewards Specialist
Bangalore Full-time
About the role
The Senior Rewards Specialist supports the development, implementation, and administration of compensation and benefits policies and programs at NXP in India. Day-to-day work includes conducting compensation surveys, analyzing market data, ensuring legal compliance, administering benefits, and collaborating with HRIS, HR Operations, HR Business Partners, and Talent Acquisition on job evaluations and salary adjustments. The role also supports Rewards Cycles, prepares special studies on bonus or sales compensation, and develops reports and simulations for compensation projects. Locations: Bangalore and Noida.
What you’ll do
- Perform staff support activities to develop, implement, and administer compensation and benefits policies and programs
- Participate in compensation surveys to collect and analyze salary information
- Investigate market data and research to determine competitive positioning of the organization’s salary ranges and pay programs
- Ensure company compliance with federal and state laws governing compensation and benefits practices, including administering domestic and international programs
- Recommend company salary structure movements, salary increase budgets, and FLSA exemptions
- Administer and communicate the company’s benefits program plan options, features, and enrollment requirements; assist employees with benefit claim administration inquiries
- Provide functional compensation expertise and recommendations to HRIS to increase automation of compensation programs by leveraging systems and technology
- Support the design, implementation, and execution of Rewards Cycles and processes
What you’ll bring
- Experience performing staff support activities to develop, implement, and administer compensation and benefits policies and programs
- Experience participating in compensation surveys to collect and analyze salary information
- Ability to investigate market data and research to determine competitive positioning of salary ranges and pay programs
- Knowledge of federal and state laws governing compensation and benefits practices, including domestic and international programs
- Ability to recommend company salary structure movements, salary increase budgets, and FLSA exemptions
- Experience administering and communicating benefits program plan options, features, and enrollment requirements, and assisting with benefit claim administration inquiries
- Functional compensation expertise to support HRIS automation of compensation programs by leveraging systems and technology
- Ability to collaborate with HR Business Partners, Talent Acquisition, and Management on job evaluations, new job creation, and job descriptions
Skills
Compensation analysisBenefits administrationMarket researchRegulatory complianceSalary structure designHRIS collaborationJob evaluationRewards cycle execution