Under the direction of the Global VP, Human Resources, this position will interpret global benefit and compensation plans and policies to facilitate administration. This position will also lead a global team in the development, implementation, and management of compensation and benefits programs, policies, and procedures.
Responsibilities include: •Analyze, design, implement, and report on all compensation, incentive, and benefit plans, programs and policies •Collaborate with HR leadership and executive-level sponsors to develop and implement global compensation strategies and programs; manage the administration of global compensation programs, including annual merit process and budget, short-term incentive programs, and long-term incentive/equity programs •Manage a global team involved in benefit administration, including rewards and recognition, leave administration and wellness programs •Identify opportunities to leverage outside consultants and brokers. Evaluate and maintain relationships with brokers and vendors. •Manage the US benefit renewal process and serve as a global benefits resource •Implement automation projects related to Compensation and Benefits activities •Perform job analysis, evaluation, market research, and analysis of salary rates with respect to compensation levels for the organization, and provide recommendations for job pricing and compensation offers •Stay apprised of industry trends and identify opportunities for enhancement to existing policies, practices and plans; recommendations presented to Executive-level committee members •Ensure compensation and benefits programs are in compliance with CMC’s policies, as well as state, federal, and international statutes •Manage global mobility including the administration of expatriate assignments •Prepare and monitor the annual budget for compensation and benefits
Qualified applicants will have: •Bachelor’s degree and at least 10 years progressive experience in Human Resources, preferably in compensation and benefits. Competent level of experience in vendor management. •Capable of effectively managing a team of professionals, and delegating work assignments as needed •Capacity to build and maintain strong relationships with internal and client personnel •Ability to encourage team environment on engagements, and contribute to the professional development of assigned personnel •Executive presence, and ability to act as primary contact on assigned engagements •Ability to successfully interact with professionals at all levels •Strong leadership skills •Ability to work with confidential materials and information •Research, data analysis and interpretation skills •Networking skills •Ability to manage and prioritize multiple projects with little or no guidance or supervision •Proficiency in Microsoft Office (Word, Excel, PowerPoint) and aptitude for learning new programs •Ability to adapt in a growth environment •Understanding of Long-Term Incentive Programs
Preferred Requirements •Experience with international entities •PHR/SPHR or CCP/CBP certification preferred
About Cabot Microelectronics Corporation
Cabot Microelectronics Corporation, headquartered in Aurora, Illinois, is the world's leading supplier of chemical mechanical planarization (CMP) slurries and growing CMP pad supplier to the semiconductor industry. The company's products play a critical role in the production of advanced semiconductor devices, enabling the manufacture of smaller, faster and more complex devices by its customers. The company’s mission is to create value by developing reliable and innovative solutions, through close customer collaboration, that solve today’s challenges and help enable tomorrow’s technology. Since becoming an independent public company in 2000, the company has grown to approximately 1100 employees on a global basis.