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Senior Compensation and Benefits Analyst

Alphawave

Alphawave

IT, Accounting & Finance
Bengaluru, Karnataka, India
Posted on Apr 11, 2025

The Opportunity


We're looking for the Wavemakers of tomorrow.

Alphawave Semi enables tomorrow’s future by accelerating the critical data communication at the heart of our digital world – from seamless video streaming to AI to the metaverse and much more. Our technology powers product innovation in the most data-demanding industries today, including data centers, networking, storage, artificial intelligence, 5G wireless infrastructure, and autonomous vehicles. Customers partner with us for mission-critical data communication, our innovative technologies, and our proven track record. Together, we enable the next generation of digital technology.

The Senior Compensation and Benefits Analyst will be responsible for supporting various compensation and benefits program implementation across countries in Asia. This role is required to have in-depth hands-on experience in working on strategizing compensation and benefits practices aligning with local and company requirements.

What You'll do:

  • Conduct regular market benchmarking and salary surveys to ensure compensation structures are and aligned with regional trends and regulations.
  • Lead and manage cross-functional projects related to compensation, benefits across global teams.
  • Develop, review, and update compensation policies and benefits programs, ensuring compliance with local laws and regulations in the assigned regions.
  • Provide data-driven insights and reports on compensation and benefit metrics, pay equity, and benefit utilization to senior leadership. Use analytics to drive decision-making and recommendations for improvement.
  • Act as the subject matter expert (SME) in compensation and benefits for internal stakeholders, delivering regarding compensation policies, benefits programs, and salary reviews.
  • Build a consultative and collaborative relationship with HR Business Partners, Talent Acquisition, and business leaders to provide comprehensive support and counsel on all compensation related activities, such as strategic new hire offers, promotions, international transfers, budget allocation, top talent, and retention
  • Ensure adherence to local labor laws and regulations, managing any changes or updates to compensation or benefits plans in each region.
  • Work closely with HR, finance, legal, and other cross-functional teams to ensure alignment and successful implementation of compensation programs.
  • Continuously assess and recommend process improvements within the compensation and benefits function to enhance efficiency, accuracy, and employee satisfaction, while supporting and driving consistency and alignment of programs globally, to reflect the overal company's rewards philosophy.

What You'll Need:

  • 8 to10 years' experience in compensation and benefits functions in the technology industry with a strong focus on international compensation, essentially, India, China, Taiwan and Korea. Added knowledge of Europe and Israel will be an advantage.
  • Understanding of principles of all components of comepnsation and benefits, including base pay, variable pay, long term incentives and benefits administration
  • Advanced proficiency in excel with ability to analyze data and identify trends and make recommendations
  • Experience with Workday Advanced Compensation module will be an added benefit
  • Ability to multitask and on multiple projects ensuring deliverables are achieved within define timelines.

'' We have a flexible work environment to support and help employees thrive in personal and professional capacities"

As part of our commitment to the well-being and satisfaction of our employees, we have designed a comprehensive benefits package that includes:

  • Competitive Compensation Package
  • Restricted Stock Units (RSUs)
  • Provisions to pursue advanced education from Premium Institute, eLearning content providers
  • Medical Insurance and a cohort of Wellness Benefits
  • Educational Assistance
  • Advance Loan Assistance
  • Office lunch & Snacks Facility

Equal Employment Opportunity Statement

Alphawave Semi is an equal opportunity employer, welcoming all applicants regardless of age, gender, race, disability, or other protected characteristics. We value diversity and provide accommodations during the recruitment process.