Principal Compensation Business Partner

Finance, Banking & Legal · Banking & Investments · Financial Analysis · Risk Management

In short

As a Principal Compensation Business Partner for Synopsys' engineering and technical functions, you will deliver competitive compensation programs, collaborate with leaders, and provide analytical insights. You will build business acumen, understand R&D roles, and manage global projects, adapting to change and transformation.

Responsibilities

Providing compensation expertise and detailed analysis to engineering and technical leaders.
Partnering with People, Legal, and Finance teams to align compensation with business priorities.
Supporting design, change management, and communication for compensation programs.
Building and maintaining strong relationships with HR and business partners.
Designing data-driven recommendations for retention, promotions, and job leveling, especially for technical roles.
Benchmarking technical roles against industry peers and recommending market-based actions.
Advising on technical career architecture, leveling consistency, and pay progression.
Partnering on retention and incentive strategies for critical technical talent.
Leading and managing multiple projects simultaneously.
Utilizing SuccessFactors for compensation-related processes.
Applying advanced technical expertise in Excel, Power BI, and other data analysis functions.

Requirements

Experience in benchmarking and compensation program design, including year-end planning, merit/bonus cycles, market data submission, and salary range development, ideally supporting engineering, R&D, or technical organizations in semiconductor, EDA, software, or high-tech.
Experience with technical job architecture, dual career ladders, and equity/long-term incentive programs for a global technical workforce.
Advanced technical expertise in Excel, Power BI, and other data analysis functions.
Strong compensation analysis and modeling capabilities.
Strong analytical skills, project management, and organizational skills.

Desired Qualifications

Proficiency with SuccessFactors (a plus).
CCP or other relevant certifications (a plus).

Benefits

Eligible for an annual bonus, equity, and other discretionary bonuses.
Comprehensive health, wellness, and financial benefits.
Competitive total rewards package.

Skills

ExcelPower BISuccessFactors

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About Synopsys Inc

Smart, Secure Everything—From Silicon to Software Synopsys technology is at the heart of innovations that are changing the way we live and work. The Internet of Things. Autonomous cars. Wearables. Smart medical devices. Secure financial services. Machine learning and computer vision. These breakthroughs are ushering in the era of Smart, Secure Everything―where devices are getting smarter, everything’s connected, and everything must be secure. Powering this new era of technology are advanced silicon chips, which are made even smarter by the remarkable software that drives them. Synopsys is at…

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