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.