Total Rewards Manager - Benefits

FormFactor, Inc.

life insurance, paid time off, 401(k)

United States, Oregon, Beaverton

Jun 13, 2025

Position:
Total Rewards Manager - Benefits

Location:

Beaverton, OR

Job Id:
5983

# of Openings:
1

Total Rewards Manager- Benefits

FormFactor, Inc

Beaverton, OR

In a world driven by the increased demand of technology, semiconductor manufacturers require a trusted partner to pioneer the frontiers of advanced integrated circuits (ICs). FormFactor, Inc (FFI) is the world's leading supplier of semiconductor test and measurement products that power electronic systems used in computing, consumer-technology, automotive, Artificial Intelligence (AI) and other applications. Our cutting-edge solutions are the driving force behind the testing of ICs that power electronic systems across computing, consumer technology, automotive, Artificial Intelligence (AI), and myriad other applications

As a leading player in the semiconductor industry, FormFactor actively seeks out individuals who are not just employees, but passionate contributors eager to thrive in an ever-evolving landscape. At FormFactor, we are not just shaping the future of semiconductors; we are rewriting the narrative of innovation itself.

Our commitment extends beyond the technical realm to the very fabric of our culture. Rooted in our core values-Focus on the Customer, Ownership & Accountability, Respectfully & Effectively Communicate, and Motivate & Develop People-we foster an environment where diverse perspectives are not only welcomed but celebrated. Join us in experiencing the exhilaration of collaborating with a dynamic team, pushing the boundaries of what's possible, and contributing to a workplace where your voice is not just heard but valued and empowered. Become an integral part of our journey as we collaboratively Form Our Future Together, setting the stage for a new era in semiconductor excellence.

Purpose:

The Total Rewards Manager is responsible for driving global benefits strategy and execution, ensuring competitive, cost-effective, and compliant programs that support employee well-being and retention. This role requires deep expertise in benefits management, strong analytical capabilities, and the ability to collaborate across People, Finance, and Legal teams. Additionally, the position provides compensation support, ensuring alignment with market trends and internal equity.

Key Responsibilities:

Lead the strategic review and optimization of global benefits programs, including health, retirement, wellness, and leave policies across multiple regions.
Partner with People Operations to drive Open Enrollment.
Analyze international benefits offerings to ensure competitiveness in the semiconductor industry and alignment with workforce needs.
Work closely with vendors to streamline benefits messaging and improve employee engagement.
Ensure compliance with global regulations, including ERISA (US), ACA, COBRA, and country-specific benefits laws.
Develop and refine benefit policies that comply with local labor laws, tax regulations, and statutory benefits requirements.
Provide compensation support, including salary benchmarking, incentive structures, and total rewards strategy alignment.
Partner with People, Finance, and Legal teams to balance cost efficiency and employee value in global benefits design.
Communicate benefits programs effectively across international locations, ensuring employees understand their options and maximizing program utilization.
Monitor industry trends and recommend strategic enhancements for competitive positioning and employee engagement.
Prepare reports and presentations that effectively communicate total rewards trends and recommendations.
Translate compensation benchmarking and benefits analysis into actionable insights.
Ensure compliance-related communications are clear, accurate, and aligned with regulatory requirements.

Qualifications:

Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
7+ years of experience in global benefits management, total rewards, or compensation support.
Expertise in international benefits design, administration, and regulatory compliance.
Strong analytical skills with experience in global benchmarking and market analysis.
Excellent vendor management skills across different regions.
Ability to translate complex benefits structures into clear, employee-friendly communications.

Preferred Skills:

System experience with Workday benefits and compensation systems.
Certification in Benefits (CEBS) or Compensation (CCP) is a plus.
Experience in global mobility, expatriate benefits, and cross-border compensation.
Familiarity with benefits trends in the semiconductor industry across North America, Europe, and Asia-Pacific.
Ability to streamline approval workflows for global benefits and compensation programs.

The pay range for this role in Beaverton, OR is between $109,300 and $143,430. The pay range may differ in other locations. FormFactor maintains broad salary ranges for its roles in order to account for variations in education, training, skills, relevant work experience, business needs and market demands. Candidates are typically placed into the range based on the preceding factors as well as internal peer equity. Benefits offered for this role include medical, dental, vision, EAP, short-term and long-term disability, life insurance, flexible spending and savings accounts, 401(k), ESPP and paid time off.

FormFactor is committed to providing a work environment where everyone is treated with dignity and respect. We are an Equal Employment Opportunity (EEO) employer and are committed to compliance with all Federal, State, and local laws that prohibit employment discrimination on the basis of age, race, color, sex (including breastfeeding and related conditions), gender (including gender identity and gender expression), national origin, ancestry, sexual orientation, religion, physical or mental disability, marital status, registered domestic partner status, medical condition, military or veteran status, genetic characteristics or information, or any other legally protected characteristic. These protections extend to all employment and management decisions including, but not limited to, recruiting, hiring, training, promotions, pay practices, benefits, disciplinary actions and terminations, and all other terms and conditions of employment.

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