# Principal Compensation Business Partner

**Company**: Synopsys
**Work arrangement**: remote
**Experience**: senior
**Job type**: full-time
**Salary**: $157600-$236400
**Category**: Human Resources
**Industry**: Technology
**Ticker**: SNPS
**Wikidata**: https://www.wikidata.org/wiki/Q2303478

**Apply**: https://careers.synopsys.com/job/united-states/principal-compensation-business-partner/44408/102814239744?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_fe210944-bed

## Description

As a Principal Compensation Business Partner at Synopsys, you will collaborate with People Partners and engineering leaders to deliver competitive and analysis-driven compensation programs aligned with the company's compensation philosophy and values.

You will build effective cross-functional relationships, use your analytical skills to strengthen your recommendations, and influence change using a proactive and consultative approach.

Your responsibilities will include:

- Providing compensation expertise and detailed analysis to engineering and technical leaders on all aspects of compensation programs.

- Partnering with the People, Legal and Finance teams to ensure the compensation structure aligns with business priorities.

- Supporting design, change management, and communication efforts associated with compensation programs and practices.

- Building and maintaining strong relationships with key partners within HR and the business.

- Designing proactive data-driven recommendations to support retention, recognition, promotions, transfers, job matches, and job leveling.

- Benchmarking technical roles against semiconductor, EDA, and high-tech peers across key global engineering locations.

- Advising on technical career architecture, including individual contributor and management tracks.

- Partnering on retention and incentive strategies for critical technical talent.

- Leading and managing multiple projects simultaneously with a high degree of initiative.

The impact you will have:

- Driving the strategic goals of the organization through effective and market competitive incentive design.

- Ensuring competitive and equitable salary structures that attract and retain top engineering and technical talent.

- Enhancing the effectiveness of compensation programs through data-driven insights.

- Fostering trust and credibility across various working teams.

Requirements:

- Experience in benchmarking and compensation program design.

- Experience with technical job architecture, dual career ladders, and equity/long-term incentive programs.

- Advanced technical expertise in Excel, Power Query/BI, and other data analysis functions.

- Strong compensation analysis and modeling capabilities.

- Strong analytical skills, project management, and organizational skills.

- Proficiency with SuccessFactors.

Who you are:

- A creative problem solver with an ability to break down problems.

- Able to adapt and thrive during times of change and ambiguity.

- A strong communicator and collaborator, able to build credibility with senior engineering leaders.

## Skills

### Required
- compensation program design
- technical job architecture
- Excel
- Power Query/BI
- data analysis
- SuccessFactors

### Nice to have
- CCP or other relevant certifications

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Source: [Apply at careers.synopsys.com](https://careers.synopsys.com/job/united-states/principal-compensation-business-partner/44408/102814239744?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)