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Total Rewards Manager will provide a broad range of consultation, analysis, program design, and process support to HR Business Partners, Recruiters, and business leaders in Korea. This is a full-time, on-site flex position located in Yong In and reporting directly to Snr Director, HR in Korea and matrixed to Global Compensation and Global Benefits located in the United States.
The Total Rewards Manager will play a major role in the promotion and expansion of our global 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.
• Serves as a liaison and subject-matter-expert on global and regional compensation and benefits programs for assigned region(s) and client groups 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.
Other 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 hire/transfer offers for experienced candidates; including performing peer analysis for assigned region(s) and client group(s).
• Leads the annual performance management and compensation focal 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.
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