Compensation Analyst

🕒 6 days ago

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Teradyne

WebsiteLinkedInAll Job Openings

5001 - 10000 employees

Founded 1960

🏭 Manufacturing

🔧 Hardware

🤝 B2B

Manufacturing • Hardware • B2B

Teradyne is a provider of test and manufacturing automation solutions. Its companies deliver manufacturing automation and automated test equipment across industries and applications, helping customers achieve higher production volumes, improved quality and greater ROI. Teradyne has expanded through acquisitions of specialists such as LitePoint (wireless test), Universal Robots (collaborative robots) and MiR (mobile robots), giving it a portfolio that spans semiconductor and electronics test, industrial robotics, and factory automation.

📋 Description

• Conduct market pricing analyses using compensation survey data, including Radford, Mercer, Comptryx, and other market intelligence sources • Analyze salary structures, pay equity, geographic differentials, and overall compensation competitiveness • Support annual compensation programs, including merit planning, promotions, bonus administration, equity programs, and salary structure development • Support job evaluation, market alignment, job architecture, and leveling initiatives • Develop dashboards, reports, models, and decision-support tools providing workforce and compensation insights • Partner with HR Business Partners and business leaders on global compensation matters, including offers, promotions, retention cases, internal equity concerns, organizational changes, and market competitiveness • Leverage advanced Excel, automation solutions, and AI-enabled tools to streamline compensation processes, reporting, survey matching, job evaluation, and documentation • Ensure compensation data integrity through governance, validation, audit, and confidentiality practices • Translate complex compensation analyses into clear and actionable guidance • Evaluate complex compensation situations and develop practical, data-driven recommendations • Communicate compensation concepts and present and defend recommendations with HR and business leaders

🎯 Requirements

• Bachelor’s degree in Human Resources, Business, Finance, Economics, or a related field • Minimum of 6 years of progressive compensation experience • Experience supporting global compensation programs • Strong understanding of compensation principles, market pricing methodologies, salary structures, and compensation program administration • Advanced Microsoft Excel proficiency, including complex formulas, data analysis, modeling, reporting, and automation • Ability to analyze large, complex datasets and translate business questions into actionable insights and recommendations • Experience building dashboards, analytical models, reports, and decision-support tools • Strong written, verbal, and presentation skills • Ability to communicate complex compensation concepts to technical and non-technical audiences • Proven ability to build credibility and partner effectively with HR Business Partners, Field HR, and managers • Strong judgment, attention to detail, accountability, and ability to manage multiple priorities and deadlines • Continuous improvement mindset with interest in automation, AI-enabled technologies, process improvement, and emerging tools • Certified Compensation Professional certification or progress toward certification preferred • Experience with SAP SuccessFactors or similar HRIS platforms preferred • Experience supporting job architecture and leveling frameworks preferred • Knowledge of pay transparency, pay equity, and related regulatory requirements preferred • Experience using AI tools and automation solutions to improve business processes preferred • Must be local to the position location • Relocation is not provided • This position is not eligible for sponsorship

🏖️ Benefits

• Discretionary bonus(es) based on financial performance • Medical benefits • Dental benefits • Vision benefits • Flexible Spending Accounts • Retirement savings plans • Life insurance • Disability insurance • Paid vacation • Paid holidays • Tuition assistance programs • Health and well-being benefit programs