Compensation & Benefits Manager

This Compensation & Benefits Manager role offers a unique opportunity to shape the total rewards framework of a cutting-edge IC design organization. The successful candidate will utilize their extensive experience to ensure our compensation, benefits, and payroll programs not only attract and retain top engineering talent but also drive performance, compliance, and a compelling employee value proposition.

We are looking the candidates with 10–15 years (including 5–7 years in leadership roles) in compensation and benefits management from global companies to join our San Jose office.

Overview:

This position is for an accomplished HR Compensation & Benefits Manager to manage our US site total rewards strategy in the IC design/semiconductor industry. In this leadership role, you will oversee the implementation and management of comprehensive compensation, benefits, and payroll programs that are market-competitive, legally compliant, aligned with our business objectives, and collaborate closely with our HQ Compensation & Benefit team. The ideal candidate has a proven track record in compensation, benefits strategy, regulatory compliance, data analytics, and payroll operations, with the leadership skills to drive high-impact rewards initiatives across a fast-paced technology organization. Success in this role relies on working globally and building partnerships with key stakeholders, including headquarters across time zones.

Key Responsibilities:

• Compensation Strategy & Benefit Programs: Develop and manage competitive compensation structures (base salaries, incentive/bonus plans, special equity programs) that align with business goals and industry benchmarks. Oversee job evaluations, partnering with HQ for salary structure recommendations, and incentive plan development to ensure fair and motivating pay practices to reflect the competition effectiveness in the US job market.
• Benefits Strategy & Administration: Lead the administration of employee benefits programs (health & wellness plans, retirement and savings plans, leave policies, etc.), ensuring they are cost-effective and meet employee needs. Evaluate and negotiate with benefits providers to deliver high-quality, competitive benefit offerings while managing costs.
• Payroll Operations & Compliance: Oversee payroll operations, working closely with Finance and People Operation Management teams to ensure accurate, timely payroll processing and integration of compensation changes. Ensure all compensation and benefits of practices are in full compliance with federal, state, and local regulations (e.g., FLSA, ERISA, ACA) and company policies. Maintain rigorous controls and audit processes to uphold data integrity and legal compliance.
• Data Analysis & Market Benchmarking: Leverage HR analytics and industry salary surveys to benchmark compensation and benefits against the market, ensuring our total rewards remain competitive and equitable. Use data-driven insights to monitor compensation trends and effectiveness of programs, making strategic adjustments to support talent attraction and retention. Be capable of driving solutions with automation and AI tools for higher efficiency.
• Leadership & Collaboration: Act as a strategic advisor to senior leadership on all compensation, benefits, and payroll matters, providing guidance, and policy implications. Lead and mentor a team of compensation and benefits professionals, fostering best practices in total rewards management and ensuring effective collaboration with cross-functional partners (HR Business Partners, Talent Acquisition, Finance, and Legal). Partner with US HR team and HQ to drive change management and clear communication around new total rewards initiatives and policies across the organization.
• Risk Management: Manage risk activities in human resources, compensation, and benefits. Perform audits to maintain compliance with Workers’ Compensation, Employment Practices Liability Insurance, and regulatory requirements.

Required Qualifications:

• Education & Experience: Bachelor's degree in human resources, Business, Finance, or related field (advanced degree is a plus). 10–15 years of progressive experience in compensation and benefits, with at least 5–7 years in a management or leadership role overseeing total rewards programs. Experience in a high-tech or semiconductor industry environment is highly desirable.
• Expertise in Comp & Benefits: Deep knowledge of compensation and benefits principles and practices, including job evaluation, salary structure design, market pricing, incentive plan, and equity compensation administration.
• Strong understanding of employee benefits programs and management (health & welfare plans, retirement savings, wellness programs) and familiarity with pertinent benefits and labor laws.
• Analytical & Technical Skills: Exceptional analytical skills with the ability to interpret and utilize compensation data and market research to drive informed decisions and strategy adjustments. Proficiency with HRIS and payroll systems and advanced Excel skills for compensation analysis, modeling, and reporting.
• Leadership & Communication: Proven leadership and team management experience, including the ability to mentor staff and coordinate cross-functional initiatives. Excellent communication and interpersonal skills, with a demonstrated ability to influence and collaborate with senior executives and stakeholders across HR, Finance, and other departments.
• Strong project management and organizational skills with a track record of driving results in a dynamic, fast-paced environment.

Preferred Qualifications:

• Certifications & Education: Professional certifications such as Certified Compensation Professional (CCP) or SHRM Senior Certified Professional (SHRM-SCP) are highly regarded. A relevant advanced degree (e.g., MBA or Master’s in HR/Finance) is a plus, reflecting strong business and analytical acumen.
• Global & Industry Experience: Prior experience in large technology or semiconductor companies and exposure to global or multi-country compensation and benefits programs can be advantageous. Familiarity with industry-specific compensation surveys (e.g., Radford, Mercer) and equity-based incentive plan administration in tech or IC design firms is beneficial in informing competitive reward strategies.

Base Pay Range: $120,000-$180,000

Employee may be eligible for performance bonus, short and long term incentive programs. Actual total compensation will be dependent upon the individual's skills, experience and qualifications. In addition, MediaTek provides a variety of benefits including comprehensive health insurance coverage, life and disability insurance, savings plan, Company paid holidays, Paid time off (PTO), Parental leave, 401K and more.

MediaTek is an Equal Opportunity Employer that is committed to inclusion and diversity to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.