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Vice President, Total Rewards

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Applied Materials

17d ago

  • Job
    Full-time
    Expert Level
  • People, HR & Administration
    Business, Operations & Strategy
  • Santa Clara

AI generated summary

  • You must possess strategic leadership skills, strong EQ, process orientation, effective communication, and the ability to drive total rewards strategies for talent retention and performance enhancement.
  • You will drive global rewards strategy, align compensation with business goals, advise leadership, design health and wellness programs, and define metrics for M&A initiatives to support talent retention.

Requirements

  • Strategic and visible member of the global HR executive team. Provides leadership, solutions and results that fully enable Applied Materials to meet our strategic priorities and operational targets, while driving global HR strategies, priorities, and HR policy.
  • Partners with the Applied Materials’ Board of Directors, Compensation Committee of the Board of Directors, business and function leaders, and external stakeholders, partners, and shareholders to drive corporate performance and total rewards strategy.
  • Provides strategic vision (3-5-year time horizon), leadership, and operational excellence as a change agent, to develop and implement strategic total rewards (executive compensation, broad based compensation, sales compensation, benefits, recognition programs, paid time off, flexible work arrangements, etc.) that drive performance, engagement and retention across the company and enable shareholder value in the marketplace.
  • Ensures talent attraction and retention, with a keen focus on technical talent, and successful integration of mergers and acquisitions. Embraces and builds a culture of innovation and inclusion. Provides high-quality consultative service to internal customers in addition to continuous improvement, and optimal program operational effectiveness.
  • Delivers a transparent global communications approach to promote understanding of our total rewards philosophy to ensure employee engagement and performance.
  • Plays a lead role in the delivery of our global HR Service Delivery Model, along with all members of the HR leadership team.
  • A very mature individual with the right balance of confidence and humility.
  • Process oriented while also strongly developing and relying on interpersonal relationships across the company.
  • Ability to connect equally well upwards, downwards and sideways in the organization.
  • Self-motivated and driven towards excellence.
  • A high level of EQ to be able to manage across a large team with significant diversity.
  • Analyzing, processing and decision-making based on multidisciplinary and multi-functional data sources that could frequently be incomplete.
  • Ability to distinguish between and prioritizing urgent and important issues.
  • Situational awareness and complex decision-making ability appropriate for the situation.

Responsibilities

  • The successful candidate will drive the development and execution of the Global Rewards strategy globally.
  • The role will be accountable for conceptualizing a vision for global total rewards and enterprise performance measurement to ensure pay for performance that align to the long-term Total Rewards strategy globally.
  • Partner with the CEO and the CHRO to ensure the overall global total rewards strategies and programs are designed and created in a way to deliver our long-term business strategy, are in line with our compensation philosophy, are supported by our shareowners and comply with all regulatory requirements.
  • Partnering with the CEO, Compensation Committee and the CHRO, advises Board of Directors, CEO, executive team, and HR leadership team on all rewards programs including compensation and benefits per corporate governance requirements.
  • Works with the Board, CEO, CFO, CHRO to determine which key financial performance metrics best align to the long-term business strategy for the enterprise and named officers, and the integration with total rewards strategies.
  • Lead our Executive and Enterprise Pay for Performance Philosophy and model to drive business strategy and attract and retain global talent.
  • Set the strategic direction for the design and delivery of our health and wellness programs to optimize the efficient use of budget and foster a healthy work environment.
  • Set the strategic direction for the design and delivery of our 401k/retirement plans.
  • Coordinate and facilitate consultation with stakeholders to define business requirements (financial, talent, innovation, etc.) of mergers/acquisitions/joint ventures and determine how best to set performance metrics with aligned total rewards to deliver those requirements.

FAQs

What is the primary role of the Vice President, Total Rewards at Applied Materials?

The primary role is to drive the company's total rewards strategy, ensuring it aligns with business performance goals and effectively attracts, retains, and engages talent.

Where is the preferred location for this position?

The preferred location for this position is Santa Clara, CA.

What types of compensation programs will the Vice President, Total Rewards be responsible for?

The Vice President will be responsible for executive compensation, broad-based compensation, sales compensation, benefits, recognition programs, paid time off, and flexible work arrangements.

What level of experience is required for applying to this position?

The ideal candidate should have significant experience in total rewards strategy, HR leadership, and collaboration with executive teams and boards of directors.

Is travel required for this position?

Yes, travel is required, up to 25% of the time.

What is the salary range for the Vice President, Total Rewards position?

The salary range is $280,000.00 to $385,000.00, based on factors such as location, experience, and internal equity.

What kind of work environment does Applied Materials promote for this role?

Applied Materials promotes a culture of innovation and inclusion, and a healthy work environment, particularly with a focus on employee engagement.

Will the selected candidate be involved with mergers and acquisitions?

Yes, the Vice President will coordinate with stakeholders to define the business requirements of mergers and acquisitions and align total rewards with those requirements.

What qualities are essential for success in this role?

Essential qualities include high emotional intelligence, the ability to manage a diverse team, analytical decision-making skills, and the capacity to prioritize urgent issues effectively.

Does Applied Materials have a commitment to diversity in hiring?

Yes, Applied Materials is an Equal Opportunity Employer committed to diversity in the workplace and welcomes all qualified applicants regardless of background.

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Applied Materials

Manufacturing & Electronics
Industry
10,001+
Employees

Mission & Purpose

Applied Materials is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality. At Applied Materials, our innovations make possible a better future.