Compensation & Benefits Manager

This Compensation & Benefits Manager role offers a unique opportunity to shape the total rewards framework of a cutting-edge IC design organization. The successful candidate will utilize their extensive experience to ensure our compensation, benefits, and payroll programs not only attract and retain top engineering talent but also drive performance, compliance, and a compelling employee value proposition.

We are looking the candidates with 10–15 years (including 5–7 years in leadership roles) in compensation and benefits management from global companies to join our San Jose office.

This position is for an accomplished HR Compensation & Benefits Manager to manage our US site total rewards strategy in the IC design/semiconductor industry. In this leadership role, you will oversee the implementation and management of comprehensive compensation, benefits, and payroll programs that are market-competitive, legally compliant, aligned with our business objectives, and collaborate closely with our HQ Compensation & Benefit team.

The ideal candidate has a proven track record in compensation, benefits strategy, regulatory compliance, data analytics, and payroll operations, with the leadership skills to drive high-impact rewards initiatives across a fast‑paced technology organization. Success in this role relies on working globally and building partnerships with key stakeholders, including headquarters across time zones.

• Compensation Strategy & Benefit Programs:
  Develop and manage competitive compensation structures (base salaries, incentive/bonus plans, special equity programs) that align with business goals and industry benchmarks. Oversee job evaluations, partnering with HQ for salary structure recommendations, and incentive plan development to ensure fair and motivating pay practices to reflect the competition effectiveness in the US job market.
• Benefits Strategy & Administration:
  Lead the administration of employee benefits programs (health & wellness plans, retirement and savings plans, leave policies, etc.), ensuring they are cost‑effective and meet employee needs. Evaluate and negotiate with benefits providers to deliver high‑quality, competitive benefit offerings while managing costs.
• Payroll Operations & Compliance:
  Oversee payroll operations, working closely with Finance and People Operation Management teams to ensure accurate, timely payroll processing and integration of compensation changes. Ensure all compensation and benefits of practices are in full compliance with federal, state, and local regulations (e.g., FLSA, ERISA, ACA) and company policies. Maintain rigorous controls and audit processes to uphold data integrity and legal compliance.
• Data Analysis & Market Benchmarking:
  Leverage HR analytics and industry salary surveys to benchmark compensation and benefits against the market, ensuring our total rewards remain competitive and equitable. Use data‑driven insights to monitor compensation trends and effectiveness of programs, making strategic adjustments to support talent attraction and retention. Be capable of driving solutions with automation and AI tools for higher efficiency.
• Leadership &
  
  Collaboration:
  
  Act as a strategic advisor to senior leadership on all compensation, benefits, and payroll matters, providing guidance, and policy implications. Lead and mentor a team of compensation and benefits professionals, fostering best practices in total rewards management and ensuring effective collaboration with cross‑functional partners (HR Business Partners, Talent Acquisition, Finance, and Legal). Partner with US HR team and HQ to drive change management and clear communication around new total rewards initiatives and policies across the organization.
• Risk Management:
  
  Manage risk activities in human resources, compensation, and benefits. Perform audits to maintain compliance with Workers’ Compensation, Employment Practices Liability Insurance, and regulatory requirements.

• Education & Experience:
  
  Bachelor's degree in human resources, Business, Finance, or related field (advanced degree is a plus). 10–15 years of progressive experience in…