Business Partner V B5

Job Description

Role: Compensation Business Partner V - (B5)

Location: Santa Clara, CA

Applied Materials is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale helps our customers – who make smartphones, supercomputers, virtual reality headsets, autonomous vehicles and more – transform their ideas into reality. Our innovations Make Possible® a Better Future.

Inside our company, we apply the idea of Make Possible as we work together. We value our people and teams who turn possibilities into reality by advancing our strategy, accomplishing great things and empowering others. We are deeply committed to fostering a Culture of Inclusion where every person knows they belong, feels empowered to bring their whole self to work, and is inspired to grow.

We are a fast-paced and collaborative Total Rewards team looking to leverage analytical skills of a Senior Compensation Consultant/ Business Partner to help define and drive our compensation strategy. We have exciting work ahead of us in the Total Rewards space, and we are looking for someone to come in with energy and excitement on this journey. We are a strategic, proactive team;

we find opportunities to proactively drive efficiencies across our team and create a great experience for our (internal) customers and partners.

The Compensation Business Partner plays a critical role in shaping and executing our compensation strategy to attract, retain and motivate talent. This position will serve as a strategic advisor and trusted partner to HR Partners and business leaders, to design and implement competitive compensation programs aligned with our company’s goals and objectives. The ideal candidate will have a strong analytical background, excellent communication skills, and a strategic mindset.

The ability to conduct effective and detailed analysis is key, but as important is the ability to find and tell the story behind that analysis, and influence results based on those findings. You can expect to be challenged here, but supported by a great culture and team.

• Partner with HR and business leaders to understand business objectives and develop/implement compensation strategies that support organizational goals.
• Lead implementation and execution of all compensation programs and processes for designated business(es).
• Serve as trusted advisor to HR Partners and business leaders on on-and-off-cycle compensation-related efforts, including offer negotiations, promotions, retention actions, compression challenges, internal equity concerns, etc.
• Conduct and interpret detailed analysis of compensation data, and effectively translate data to inform decision-making and address business challenges.
• Provide thought leadership and strategic direction on central, global compensation policies, programs, practices, communications and change management across multiple regions.
• Develop and maintain strong, collaborative partnerships with internal stakeholders, partner organizations and global Rewards team to drive compensation strategies aligned with strategy.

• Bachelor’s Degree in business or relevant discipline, combined with 10+ years of Global Rewards experience. Preferably with international, high-tech or semiconductor industry knowledge.
• Strategic thinker with proactive approach to identifying and addressing compensation challenges
• Detail-oriented with high degree of accuracy and commitment to delivering high-quality work.
• Ability to manage multiple projects simultaneously and thrive in a fast-paced environment.
• Proven ability to guide and influence senior leaders and drive compensation strategies.
• Excellent analytical and problem-solving skills, with the ability to synthesize complex data into actionable insights
• Exceptional communication and interpersonal skills, with the ability to build strong relationships and influence stakeholders all levels
• Strong understanding of global compensation practices, market trends and regulatory requirements
• Proficiency…