About this role
Position Summary
Samsung Electronics America, Inc. (SEA), the U.S. Sales and Marketing subsidiary, is a leader in mobile technologies, consumer electronics, home appliances, enterprise solutions and networks systems. For more than four decades, Samsung has driven innovation, economic growth and workforce opportunity across the United States—investing over $100 billion and employing more than 20,000 people nationwide. By integrating our large portfolio of products, services and AI technology, we’re creating smarter, sustainable and more connected experiences that empower people to live better. SEA is a wholly owned subsidiary of Samsung Electronics Co., Ltd. To learn more, visit Samsung.com. For the latest news, visit news.samsung.com/us.
Role and Responsibilities
Reporting into the SVP, Human Resources, the Senior Director, Total Rewards role will effectively partner with leadership to ensure the alignment of design initiatives with business goals and objectives across Compensation (including executive compensation), Benefits, Bonus Incentive Programs, Performance Enablement and Culture.
With an emphasis on employee engagement, belonging and culture, this position is responsible for leading the development and delivery of progressive and strategic compensation solutions, including executive compensation and will lead the development and administration of all compensation and benefit plans, policies and programs targeted at retaining the company's competitive position and maximizing associates' productivity, associates' engagement and retention.
The role is responsible for and has direct oversight of each vertical of our Total Rewards organization which includes; Regional and Local Benefit Administration, Compensation, Bonus & Incentive Programs, and Culture
Design, execute and measure Samsung Electronics America’s compensation & benefits strategy including the development and delivery of progressive and strategic compensation solutions, including executive compensation
Gather, analyze and leverage internal data and external/competitive insights to identify opportunities for competitive differentiation
Work closely with the VP Community, CHRO, CEO, General Counsel, CFO and other key stakeholders to develop executive compensation and benefit programs
Prepares annual, executive compensation and benefits proposals for review and alignment from the Samsung Electronics America Compensation Committee approval
Promote proactive benefits and compensation strategies and drive understanding of practices across the executive/manager and employee base, establish key initiatives, and communicate insights & recommendations to Executive Leadership that enhance current offerings and/or best manage cost
Establish mechanisms to measure, track, and report on compensation and benefits metrics (both direct/in-house and via the partnerships with vendors); develop and enable the capabilities of the executive and leadership team to consistently and effectively deliver the Samsung total compensation offering and value proposition
Direct oversight to both regional and local employee benefits program includes 401(k) and nonqualified deferred compensation plans, leave policies, wellness program, and insurance policies such as health, life, and disability
Select benefits vendors and oversee the enrollment, renewal, and distribution processes for the organization
Ensures successful execution of quarterly and semi-annual incentive cycles, annual performance management cycle and related processes and projects related to the Management by Objective (MBO) Plan, which is SEA’s short term incentive program
Responsibility for ensuring adherence to and monitoring government regulations and market trends to ensure programs are legal, current, and competitive
Bachelor's Degree in related field, Human Resources, Business Analytics, Finance, Economics, Mathematics preferred
16+ years of relevant experience, showing progression in role and leadership over time
Skills and Qualifications