Senior Director II, Total Rewards
Apply NowCompany: Samsung Electronics Co., Ltd.
Location: Ridgefield Park, NJ 07660
Description:
Position Summary
Headquartered in Ridgefield Park, N.J., Samsung Electronics America, Inc. (SEA) is a leader in mobile technologies, consumer electronics, home appliances and enterprise solutions. From our humble beginnings to our position today as a tech leader, our passion for innovation has been the common thread throughout our history. We've grown into one of THE most recognized global brands. We consider ourselves "relentless pioneers" that push boundaries and defy barriers. The company pushes beyond the limits of today's technology to provide groundbreaking connected experiences across its large portfolio of products and services, including mobile devices, home appliances, home entertainment, 5G networks, and digital displays. As EPA's ENERGY STAR Corporate Commitment Partner, SEA is dedicated to making a positive impact on the environment through its eco-conscious products, practices, and operations.
People| Excellence | Change | Integrity | Co-prosperity
Role and Responsibilities
Reporting into the SVP, Human Resources, the Senior Director II, Total Rewards role will effectively partner with leadership to ensure the alignment of design initiatives with business goals and objectives across Compensation (including executive compensation), Benefits, Bonus Incentive Programs, Performance Enablement and Culture. With an emphasis on employee engagement, belonging and culture, this position is responsible for leading the development and delivery of progressive and strategic compensation solutions, including executive compensation and will lead the development and administration of all compensation and benefit plans, policies and programs targeted at retaining the company's competitive position and maximizing associates' productivity, associates' engagement and retention.
Skills and Qualifications
Work Environment:
#LI-JD1
Life @ Samsung - https://www.samsung.com/us/careers/life-at-samsung/
Benefits @ Samsung - https://www.samsung.com/us/careers/benefits/
Regular full-time employees (salaried or hourly) have access to benefits including: Medical, Dental, Vision, Life Insurance, 401(k), Employee Purchase Program, Tuition Assistance (after 6 months), Paid Time Off, Student Loan Program (after 6 months), Wellness Incentives, and many more. In addition, regular full-time employees (salaried or hourly) are eligible for MBO bonus compensation, based on company, division, and individual performance.
* Please visit Samsung membership to see Privacy Policy, which defaults according to your location. You can change Country/Language at the bottom of the page. If you are European Economic Resident, please click here.
At Samsung, we believe that innovation and growth are driven by an inclusive culture and a diverse workforce. We aim to create a global team where everyone belongs and has equal opportunities, inspiring our talent to be their true selves. Together, we are building a better tomorrow for our customers, partners, and communities.
* Samsung Electronics America, Inc. and its subsidiaries are committed to employing a diverse workforce, and provide Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.
Reasonable Accommodations for Qualified Individuals with Disabilities During the Application Process
Samsung Electronics America is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you have a disability and require a reasonable accommodation in order to participate in the application process, please contact our Reasonable Accommodation Team (855-557-3247) or SEA_Accommodations_Ext@sea.samsung.com for assistance. This number is for accommodation requests only and is not intended for general employment inquiries.
Headquartered in Ridgefield Park, N.J., Samsung Electronics America, Inc. (SEA) is a leader in mobile technologies, consumer electronics, home appliances and enterprise solutions. From our humble beginnings to our position today as a tech leader, our passion for innovation has been the common thread throughout our history. We've grown into one of THE most recognized global brands. We consider ourselves "relentless pioneers" that push boundaries and defy barriers. The company pushes beyond the limits of today's technology to provide groundbreaking connected experiences across its large portfolio of products and services, including mobile devices, home appliances, home entertainment, 5G networks, and digital displays. As EPA's ENERGY STAR Corporate Commitment Partner, SEA is dedicated to making a positive impact on the environment through its eco-conscious products, practices, and operations.
People| Excellence | Change | Integrity | Co-prosperity
Role and Responsibilities
Reporting into the SVP, Human Resources, the Senior Director II, Total Rewards role will effectively partner with leadership to ensure the alignment of design initiatives with business goals and objectives across Compensation (including executive compensation), Benefits, Bonus Incentive Programs, Performance Enablement and Culture. With an emphasis on employee engagement, belonging and culture, this position is responsible for leading the development and delivery of progressive and strategic compensation solutions, including executive compensation and will lead the development and administration of all compensation and benefit plans, policies and programs targeted at retaining the company's competitive position and maximizing associates' productivity, associates' engagement and retention.
- The role of is responsible for and has direct oversight of each vertical of our Total Rewards organization which includes; Regional and Local Benefit Administration, Compensation, Bonus & Incentive Programs, and Culture
- Design, execute and measure Samsung Electronics America's compensation & benefits strategy including the development and delivery of progressive and strategic compensation solutions, including executive compensation
- Gather, analyze and leverage internal data and external/competitive insights to identify opportunities for competitive differentiation
- Work closely with the VP Community, CHRO, CEO, General Counsel, CFO and other key stakeholders to develop executive compensation and benefit programs
- Prepares annual, executive compensation and benefits proposals for review and alignment from the Samsung Electronics America Compensation Committee approval
- Promote proactive benefits and compensation strategies and drive understanding of practices across the executive/manager and employee base, establish key initiatives, and communicate insights & recommendations to Executive Leadership that enhance current offerings and/or best manage cost
- Establish mechanisms to measure, track, and report on compensation and benefits metrics (both direct/in-house and via the partnerships with vendors); develop and enable the capabilities of the executive and leadership team to consistently and effectively deliver the Samsung total compensation offering and value proposition
- Direct oversight to both regional and local employee benefits program includes 401(k) and nonqualified deferred compensation plans, leave policies, wellness program, and insurance policies such as health, life, and disability
- Select benefits vendors and oversee the enrollment, renewal, and distribution processes for the organization
- Ensures successful execution of quarterly and semi-annual incentive cycles, annual performance management cycle and related processes and projects related to the Management by Objective (MBO) Plan, which is SEA's short term incentive program
- Responsibility for ensuring adherence to and monitoring government regulations and market trends to ensure programs are legal, current, and competitive
- Oversee Culture team building, fostering and demonstrating a workplace culture reflective of our company values; including the development and implementation of strategic initiatives related to shaping a strong organizational culture, aligning programs & people with our company objectives and key initiatives
- Lead and support Enterprise-wide Engagement, striving for a cohesive culture, enhancing productivity and cultural change through recognition, initiatives, incentives and communications
Skills and Qualifications
- Bachelor's Degree in related field, Human Resources, Business Analytics, Finance, Economics, Mathematics preferred
- 15+ years of relevant experience, showing progression in role and leadership over time
- Clear functional understanding of core HR business practices, processes, and terminology (HRIS, compensation, recruiting, performance management) and the ability to develop solutions to address business problems and requirements
- Global Business Acumen, understand the complexity of business on a global scale. Embrace cultural and individual differences with empathy. Work with the nuances of specific local cultures to make informed decisions
- Strategic and Analytical Capability, ability to think globally, strategically, and objectively. Effectively translates data into actionable insights, strategies and financial plans
- Leading Teams, attracts, develops and motives the talent needed for current and future business requirements
- Articulates an inspiring vision for the future, establishes high performance expectations and sets example through own behavior
- Leadership experience, able to motivate and engage a high performing team
- Excellent communication skills, both verbal and written
- Able to tell a story by looking at data and using data visualization
- Excellent project management and problem-solving skills
- Manages time effectively and adapts easily to shifting priorities
- Collaborative, recognizing when and how to build consensus around an idea
- Certified Compensation Professional preferred
- Compensation consulting background a plus
- Technical skills useful for the job: Workday, Advanced MS Excel, Technical Communication
Work Environment:
- Minimal and occasional travel may be required (~15%)
#LI-JD1
Life @ Samsung - https://www.samsung.com/us/careers/life-at-samsung/
Benefits @ Samsung - https://www.samsung.com/us/careers/benefits/
Regular full-time employees (salaried or hourly) have access to benefits including: Medical, Dental, Vision, Life Insurance, 401(k), Employee Purchase Program, Tuition Assistance (after 6 months), Paid Time Off, Student Loan Program (after 6 months), Wellness Incentives, and many more. In addition, regular full-time employees (salaried or hourly) are eligible for MBO bonus compensation, based on company, division, and individual performance.
* Please visit Samsung membership to see Privacy Policy, which defaults according to your location. You can change Country/Language at the bottom of the page. If you are European Economic Resident, please click here.
At Samsung, we believe that innovation and growth are driven by an inclusive culture and a diverse workforce. We aim to create a global team where everyone belongs and has equal opportunities, inspiring our talent to be their true selves. Together, we are building a better tomorrow for our customers, partners, and communities.
* Samsung Electronics America, Inc. and its subsidiaries are committed to employing a diverse workforce, and provide Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.
Reasonable Accommodations for Qualified Individuals with Disabilities During the Application Process
Samsung Electronics America is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you have a disability and require a reasonable accommodation in order to participate in the application process, please contact our Reasonable Accommodation Team (855-557-3247) or SEA_Accommodations_Ext@sea.samsung.com for assistance. This number is for accommodation requests only and is not intended for general employment inquiries.