Mgr, Compensation/Benefits

The Group You’ll Be A Part Of

We are seeking a seasoned Compensation and Benefits professional to join Lam’s global Total Rewards Center of Excellence (COE) team. The role will provide a broad range of consultation, analysis, program design, and process support to HR Business Partners, Recruiters, and business Leaders in India. This is a full-time, on-site flex position located in India, and reporting directly to the Compensation function and matrixed to Benefits (both incumbents located in the United States)

The Impact You’ll Make

The Compensation and Benefits Manager will play a major role in the promotion and expansion of our regional compensation, benefits, performance management, recognition, and well-being programs. Lam’s programs are designed to be competitive, cost effective, and consistent with Lam’s values, business goals, and global total rewards strategy. 

• Provides ongoing subject-matter support on areas such as advice and guidance during the annual compensation review cycle, compensation analysis, job and grade audits, incentive program design and implementation, training program development and program implementation, and overall compensation analysis and consulting
• Serves as a liaison and subject-matter-expert on global and regional compensation and benefits programs with functional HRBPs, Compensation Partners, Benefits, HR Shared Services, and other COEs
• Partners with HR Services on executing compensation, performance mgmt, and benefits programs for assigned region(s) and/or client group
• Proactively monitors and measures the effectiveness of current compensation and benefits programs and recommends actions based on detailed analysis and market research (e.g., compression analysis), and assesses the impact of design alternatives for the target population as well as those not included
• Provides support to other colleagues within Total Rewards as the need arises

What You’ll Do

Additional Responsibilities

• Leads the educational roll-out, change management, and adoption of new and/or changing compensation and benefits programs
• Ensures company compliance with all legal compensation and benefit requirements
• Uses internal and external data to create reports, perform detailed analysis and modeling, and summarizes results in support of solving business issues
• Consults on New College Graduate packages and new hire/transfer offers for experienced candidates; including performing peer analysis

• Leads the annual performance management and compensation programs for assigned region(s) and/or client group
• Works closely with global benefits team and broker on renewals and benefit design updates. Leads annual benefits enrollment and coordinates well-being programs locally in partnership with the head of global benefits
• Manages regional benefits vendors and supports and/or drives annual benefits renewals for assigned region(s).
• Contributes to various global total rewards projects and initiatives

Who We’re Looking For

Bachelor’s degree (MBA preferred) in Business, HR or a related field with a minimum of 12 years relevant experience in the Compensation function or other relevant experience utilizing analytical skills, such as in the Finance function

Preferred Qualifications

Substantial compensation and benefits knowledge with demonstrated progressive responsibilities, preferably in the high technology and/or manufacturing industry within global companies

Demonstrated English language verbal and written communication skills required

Competence in data analysis/modeling along with competence in global, broad-based compensation programs is required

Our Commitment

We believe it is important for every person to feel valued, included, and empowered to achieve their full potential. By bringing unique individuals and viewpoints together, we achieve extraordinary results.

Lam Research ("Lam" or the "Company") is an equal opportunity employer. Lam is committed to and reaffirms support of equal opportunity in employment and non-discrimination in employment policies, practices and procedures on the basis of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex (including pregnancy, childbirth and related medical conditions), gender, gender identity, gender expression, age, sexual orientation, or military and veteran status or any other category protected by applicable federal, state, or local laws. It is the Company's intention to comply with all applicable laws and regulations. Company policy prohibits unlawful discrimination against applicants or employees.

Lam offers a variety of work location models based on the needs of each role. Our hybrid roles combine the benefits of on-site collaboration with colleagues and the flexibility to work remotely and fall into two categories – On-site Flex and Virtual Flex. ‘On-site Flex’ you’ll work 3+ days per week on-site at a Lam or customer/supplier location, with the opportunity to work remotely for the balance of the week. ‘Virtual Flex’ you’ll work 1-2 days per week on-site at a Lam or customer/supplier location, and remotely the rest of the time.