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Sr Total Rewards Analyst (Hybrid)

Formfactor Inc, Beaverton, OR, United States


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and .The **Sr**maintain compensation systems and tools.**Total Rewards Analyst** provides analytical and operational support for the Company’s compensation and total rewards programs, with a primary focus on compensation (approximately 75%) and secondary support for benefits (approximately 25%). This role supports the execution of base pay, bonus, equity, and sales compensation programs, contributes to compensation analytics and reporting, and helps The analyst plays a key role in supporting a new market pricing tool (Bettercomp), producing accurate analyses, and ensuring compensation programs are administered consistently, competitively, and in alignment with internal guidelines and governance standards. This is an individual contributor role focused on execution, analysis, and program support.**Key Responsibilities:****Compensation (Primary Focus – ~75%)** Prepare compensation analytics, models, and reports to support decision-making, reviews, and approvals.**Compensation Program Support** * Support sales compensation programs through data validation, reporting, and coordination with stakeholders.* Provide compensation systems support, including data audits, uploads, testing, and troubleshooting in HRIS and compensation tools.* Assist in maintaining compensation guidelines, process documentation, and standard operating procedures.* Identify opportunities to improve compensation tools, workflows, and reporting efficiency.**Benefits & Total Rewards Support (Secondary Focus – ~25%)*** Provide analytical and operational support for benefits programs, including data reviews, audits, and benchmarking.* Assist with annual enrollment cycles and ongoing benefits administration support in partnership with People Operations.* Respond to employee and People Partner inquiries related to total rewards programs, policies, and processes.**Reporting, Compliance & Collaboration*** Develop and maintain standard reports and dashboards related to compensation and total rewards programs.* Support pay equity analyses, audits, and compliance activities with accurate data and documentation.* Collaborate cross functionally with People Experience Partners, Finance, People Operations, and Legal to ensure smooth program execution.* Help translate complex compensation information into clear, employee and manager friendly materials.**Preferred Qualifications:*** Bachelor’s degree in Human Resources, Finance, Business, Economics, or a related field.* 3–5 years of experience in compensation, total rewards, or an analytically focused HR role.* Strong analytical and quantitative skills, with the ability to interpret and explain compensation data.Advanced Excel skills and experience working with HRIS and compensation systems. High attention to detail and ability to manage multiple priorities in a deadline driven environment.Experience supporting market pricing tools and compensation survey data (e.g., Radford or similar). Exposure to bonus, equity, or sales compensation program administration. Familiarity with pay equity concepts and compensation governance practices. #J-18808-Ljbffr