What you will do
As a compensation consultant, youll serve as a strategic partner to senior leaders across multiple functions for our APJC operations, as well as aligned P&C partners. You will apply Ciscos compensation philosophy, strategy, and practices to the businesss people strategy and rewards decisions while also influencing the design and delivery of Ciscos compensation programs to meet business needs. You will be responsible for providing compensation expertise, market analysis and insights, training, and coaching to business leaders and P&C partners. You will also lead projects that support the broader Compensation team, such as developing cost models, building tools, and creating custom reports to meet broader business or program needs.
Design and implement compensation strategies and programs with an emphasis on designing tailored and/or customized solutions to support specific business growth, differentiation, or operational efficiency initiatives.
Provide compensation consulting to senior leaders including providing competitive pay and total rewards reviews, developing tailored annual rewards strategies (merit, promotion, market adjustment, bonus and/or stock guidelines), developing group/team hiring and retention strategies, and ensuring an overall healthy and cost-effective compensation strategy aligned to organizational workforce and talent strategies.
In partnership with Compensation Acquisition Integration Lead, consult on compensation issues & strategies related to acquisition integration for employees. Focus may include job mapping, retention strategies, compensation training, and integration alignment to Cisco strategies, programs and processes.
Build and maintain strong relationships with P&C Partners and serve as subject matter expert on all elements of Cisco's compensation design and total rewards strategy.
Partner with executives and team members to design legally compliant programs that retain and motivate top talent and meet corporate, functional, and geographic objectives.
Who You'll Work With
You will work with other lead compensation consultants/analysts, Finance, Compensation Centers of Excellence partners, aligned client facing People & Communities partners, and senior leaders across functions.
Who You Are
You enjoy crafting a story supported by data. Youre a good listener because you love learning and gaining context. You connect the dots and you are energized when your work results in a clear decision or action. You have strong excel skills and a passion for compensation. You demonstrate critical thinking, sound judgment and a pragmatic approach to decision making and problem solving. You can build strong relationships with partners and demonstrate effective interpersonal and influencing skills, with the ability to gain others confidence.
Minimum Qualifications
10+ years of progressive compensation and/or HR partner experience with increasing levels of responsibility identifying, consulting, designing, recommending, and implementing efficient innovative business solutions to clients compensation challenges.
A bachelor's degree or equivalent is required. Additional formal education (MBA, MS) and Compensation Certification is preferred.
Desired Skills
In depth knowledge of base, bonus / incentive and stock plans design, strategies, and principles.
Solid technical, quantitative, and analytical / modeling abilities and skills
Strong project management, organizational and technical skills.
A global and cross-cultural perspective of business and compensation issues.
Understanding of current strategies and ability to implement new initiatives in response to or anticipation of changing business demands.
Excellent written, oral and presentation skills
Experience working effectively with internal clients.
Ability to adapt and work effectively in a matrix organization with competing deadlines.
Why Cisco
At Cisco, each person brings their unique talents to work as a team and make a difference.
Yes, our technology changes the way the world works, lives, plays, and learns, but our edge comes from our people.
We connect everything - people, process, data, and things - and we use those connections to change our world for the better.
We innovate everywhere - From launching a new era of networking that adapts, learns, and protects, to building Cisco Services that accelerate businesses and business results. Our technology powers entertainment, retail, healthcare, education and more - from Smart Cities to your everyday devices.
We benefit everyone - We do all of this while striving for a culture that empowers every person to be the difference, at work and in our communities.
Why Cisco
#WeAreCisco. We are all unique, but collectively we bring our talents to work as a team, to develop innovative technology and power a more inclusive, digital future for everyone. How do we do it Well, for starters with people like you!
Nearly every internet connection around the world touches Cisco. Were the Internets optimists. Our technology makes sure the data traveling at light speed across connections does so securely, yet its not what we make but what we make happen which marks us out. Were helping those who work in the health service to connect with patients and each other; schools, colleges, and universities to teach in even the most challenging of times. Were helping businesses of all shapes and sizes to connect with their employees and customers in new ways, providing people with access to the digital skills they need and connecting the most remote parts of the world whether through 5G, or otherwise.
We tackle whatever challenges come our way. We have each others backs, we recognize our accomplishments, and we grow together. We celebrate and support one another from big and small things in life to big career moments. And giving back is in our DNA (we get 10 days off each year to do just that).
We know that powering an inclusive future starts with us. Because without diversity and a dedication to equality, there is no moving forward. Our 30 Inclusive Communities, that bring people together around commonalities or passions, are leading the way. Together were committed to learning, listening, caring for our communities, whilst supporting the most vulnerable with a collective effort to make this world a better place either with technology, or through our actions.
So, you have colorful hair Dont care. Tattoos Show off your ink. Like polka dots Thats cool. Pop culture geek Many of us are. Passion for technology and world changing Be you, with us! #WeAreCisco
Message to applicants applying to work in the U.S. and/or Canada:
When available, the salary range posted for this position reflects the projected hiring range for new hire, full-time salaries in U.S. and/or Canada locations, not including equity or benefits. For non-sales roles the hiring ranges reflect base salary only; employees are also eligible to receive annual bonuses. Hiring ranges for sales positions include base and incentive compensation target. Individual pay is determined by the candidate's hiring location and additional factors, including but not limited to skillset, experience, and relevant education, certifications, or training. Applicants may not be eligible for the full salary range based on their U.S. or Canada hiring location. The recruiter can share more details about compensation for the role in your location during the hiring process.
U.S. employees have access to quality medical, dental and vision insurance, a 401(k) plan with a Cisco matching contribution, short and long-term disability coverage, basic life insurance and numerous wellbeing offerings. Employees receive up to twelve paid holidays per calendar year, which includes one floating holiday, plus a day off for their birthday. Employees accrue up to 20 days of Paid Time Off (PTO) each year and have access to paid time away to deal with critical or emergency issues without tapping into their PTO. We offer additional paid time to volunteer and give back to the community. Employees are also able to purchase company stock through our Employee Stock Purchase Program.
Employees on sales plans earn performance-based incentive pay on top of their base salary, which is split between quota and non-quota components. For quota-based incentive pay, Cisco typically pays as follows:
.75% of incentive target for each 1% of revenue attainment up to 50% of quota;
- 5% of incentive target for each 1% of attainment between 50% and 75%;
1% of incentive target for each 1% of attainment between 75% and 100%; and once performance exceeds 100% attainment, incentive rates are at or above 1% for each 1% of attainment with no cap on incentive compensation.
For non-quota-based sales performance elements such as strategic sales objectives, Cisco may pay up to 125% of target. Cisco sales plans do not have a minimum threshold of performance for sales incentive compensation to be paid.
