Principal Compensation Partner

🕒 June 2

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Logo of Semtech

Semtech

1001 - 5000 employees

Founded 1960

🔧 Hardware

📡 Telecommunications

💰 Post-IPO Debt on 2023-10

Hardware • IoT • Telecommunications

Semtech is a high-performance semiconductor and IoT systems provider, renowned for its LoRa chipsets which facilitate wireless connectivity in Internet of Things (IoT) applications. These chipsets enable seamless real-time communication between sensors and the Cloud, enhancing productivity and efficiency across various sectors such as agriculture, healthcare, and industrial control. With a strong commitment to innovation, Semtech delivers solutions that foster a smarter and more sustainable planet.

📋 Description

• Support the development, implementation, and ongoing administration of compensation policies and programs in alignment with our compensation philosophy and corporate strategy. • Ensure compliance with statutory requirements and internal guidelines. • Develop tools, guidelines, SOPs, and communication materials, including training resources, to support consistent compensation decisions and ensure clear understanding of compensation methodologies and practices. • Partner with Legal and Finance to support compliance with public company requirements (SEC disclosures, proxy data, SOX, and applicable global regulations). • Lead global market pricing using industry surveys, including survey participation, and provide strategic pay positioning recommendations. • Support pay equity analyses and remediation efforts in partnership with Legal and HR. • Advise on geographic differentials, job leveling, and role alignment in semiconductor and technology labor markets. • Assist in designing, implementing, and administering incentive programs for sales, manufacturing, annual bonus, and equity programs. • Ensure incentive metrics, calculations and payouts align with business objectives and plan guidelines.

🎯 Requirements

• Bachelor’s degree in Human Resources, Business, Finance, or a related field • Minimum 8–10 years of progressive experience in total rewards or compensation, preferably within publicly traded companies. • Demonstrated expertise in equity plan design and administration, and incentive program management. • Strong knowledge of public company compensation governance, including SEC disclosure requirements, proxy reporting, and SOX compliance. • Proven experience partnering with senior HR leaders, Finance, Legal, and executive stakeholders on complex compensation matters. • Advanced analytical and modeling skills, with proficiency in Excel and compensation analytics tools.

🏖️ Benefits

• Competitive compensation package • Professional development opportunities

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