Compensation and Benefits Analyst - Staff level - Onsite

About our group:

Seagate is seeking an experienced Compensation and Benefits Analyst – Staff level to join our Global Total Rewards team. In this role, you will support the administration and implementation of compensation and benefits programs and manage key strategic initiatives. The ideal candidate is highly analytical and organized, with the ability to manage multiple priorities, handle sensitive information with discretion, exercise sound business judgment, and effectively influence key stakeholders.

About the role - you will:

• Support global compensation programs, including annual compensation planning, salary reviews, market analysis, job benchmarking, job evaluations, and internal equity reviews.
• Partner with HR Business Partners and management on compensation matters, labor market trends, and related analytical needs.
• Manage and administer U.S. retirement programs, including the 401(k) and Deferred Compensation Plans, partnering with vendors and internal stakeholders on plan operations, compliance, participant issues, and governance.
• Manage retirement plan vendors, including service delivery, issue resolution, performance monitoring, and operational escalations.
• Support retirement plan compliance and administration, including plan changes, distributions, testing, audits, regulatory filings, participant notices, and plan documentation.
• Coordinate Benefits Administrative Committee reporting and support implementation of approved plan and investment changes.
• Analyze compensation and retirement program data, market trends, costs, and key metrics to evaluate program effectiveness and provide recommendations aligned with business objectives.
• Lead or support RFPs, implementations, annual program activities, contract reviews, and other compensation and retirement initiatives.
• Develop communications and presentations for employees, management, committees, and other stakeholders.
• Maintain data integrity within SAP SuccessFactors and other compensation and benefits systems and identify opportunities to improve processes, automation, and operational efficiency.

About you:

• Excellent analytical, problem-solving, and project management skills
• Advanced ability to analyze and model large, complex data sets
• Knowledge of compensation principles, market practices, and retirement plan requirements
• Excellent written, verbal, presentation, and stakeholder communication skills
• Excellent attention to detail, organization, and data accuracy
• Ability to manage multiple priorities and exercise sound judgment in resolving complex issues
• Collaborative and proactive, with the ability to work independently and across teams
• Ability to handle confidential and sensitive information with discretion
• Understanding of financial and accounting concepts

Your experience includes:

• Progressive experience in compensation, retirement benefits, or a related Total Rewards role preferably in a global organization
• Compensation market analysis, job evaluation, market pricing, internal equity analysis, and annual compensation processes
• Administering U.S. retirement programs, including 401(k) plans; experience with nonqualified deferred compensation plans strongly preferred
• Working knowledge of compensation regulations and retirement plan requirements, including ERISA and IRS requirements, testing, audits, regulatory filings, and plan documentation
• Managing vendors and supporting implementations, RFPs, and other Total Rewards projects
• Expert-level Microsoft Excel skills, including analysis and modeling of complex data sets; proficiency in PowerPoint
• HRIS, compensation, and benefits administration systems; SAP SuccessFactors or a comparable HRIS preferred
• Bachelor’s degree or equivalent combination of education and relevant experience

*This role is NOT eligible for Visa Sponsorship in the United States

Salary: The estimated base salary range for this position is $109,400.00 - $145,000.00. The individual salary is based on work location and additional factors, including job-related skills, experience, and relevant education or training.

Benefits: Seagate offers comprehensive benefits to its eligible employees, including, but not limited to, eligibility to participate in discretionary bonus program, medical, dental, vision, and life insurance, short-and long-term disability, 401(k), employee stock purchase plan, health savings account, dependent care, and healthcare spending accounts. Seagate also offers paid time off, including 12 holidays, flexible time off provided pursuant to Seagate policy, a minimum of 48 hours of paid sick leave, and 16 weeks of paid parental leave. The benefits for this position are based on a full-time schedule for a full calendar year and may differ depending on work location.

Location:

Bloomington, MN (Onsite – this is an onsite role where you will work onsite Monday – Friday during core business hours)

Our Bloomington campus spans two suburbs, Edina and Bloomington, and serves as the Recording Head development and manufacturing arm of Seagate. Located in the heart of a bustling community, Seagate offers an on-site café, or if you prefer, you can drive to one of many restaurants just minutes away. Need to grab a gift over lunch time? Shopping is abundant in the area. If working out is your thing, the on-site fully equipped fitness center hosts wellness programs, outdoor activities, tournaments and group workouts. Looking for something more laid back? Reset in one of our meditation rooms or simply take a walk around our indoor walking path. On-site cultural festivals, celebrations and community volunteer opportunities also abound.

Location: Normandale, United States
Travel: Up to 10%