HELP US OBSOLETE THE LIGHTBULB!!!

Cree, Inc. is a market-leading innovator and manufacturer of semiconductors that enhance the value of LED solid-state lighting, power and communications products by significantly increasing their energy performance.  In fiscal year 2009, we achieved record revenue of $567 million and have a goal to become a $1 billion company within the next few years.

Key to Cree’s market advantage is unrivaled materials expertise in silicon carbide (SiC) with gallium nitride (GaN) to deliver chips and packaged devices that can handle more power in a smaller space while producing less heat than other available technologies, materials and products.  Cree’s product families include blue and green LED chips, lighting LEDs, LEDs for backlighting, power-switching devices and radio-frequency/wireless devices.

We are headquartered in Raleigh/Durham, NC; an area consistently ranked in the Top 10 Places to Live by Money Magazine and is also home to the Research Triangle Park.  The RTP area was recently voted the #1 high-tech region in the country by the Silicon Valley Leadership Group and consists of approximately 112 research related organizations and companies that employ over 40,000 people.  Cree’s facility in Durham has approximately 1600 full-time employees devoted to R&D, manufacturing, sales & marketing and other professional support roles.

Cree boasts a casual work environment, where jeans and shorts are a typical sight every day, not just on Friday.  We also have an onsite fitness facility; complete with indoor track, basketball court, 3 racquet ball courts, aerobics room, free weights, machine weights and cardio machines.  This facility is 100% free to our employees and their spouses, and is open Monday through Saturday.  Our benefits include a quarterly bonus program, stock options, 401k, Employee Stock Purchase Plan, tuition reimbursement, and medical/vision/dental coverage.

We currently have an opening for a Senior Compensation Analyst within our Human Resources group.  This position will be stationed at our headquarters in Raleigh/Durham, NC.

Summary:
               The person in this role will be responsible for developing, implementing, communicating and administering innovative compensation programs and policies that appropriately attract, retain, motivate, and reward employees.  This job will also entail other special projects to support competitive market analyses & develop materials for our Compensation Committee.

Shift:  1^st, Non-Manufacturing

 Responsibilities:

• Provide single point of customer contact on a full range of compensation consulting/communication services for assigned subsidiaries and business units, including support for reorganizations, policy/program guidance, developing incentive plans, and conducting special surveys
• Perform job evaluations for multiple types of positions (salaried, hourly, professional, management, executive, etc)
• Review changes in wages and salaries for conformance to policy
• Conduct and participate in compensation surveys
• Responsible for leading select on-going and one-time projects such as Annual Stock Option Grant and Merit Program
• Lead the automation/reengineering of major compensation programs/practices
• Responsible for the support of compensation aspects of mergers/acquisitions (including international integrations)
• Develop methods, tools and content for, and participate in the presentation of, compensation program communication and training activities.
• Function as back-up to the Benefits Analyst and Director Compensation - Benefits.

Minimum Requirements:

• Bachelor’s degree in Human Resources related major
• 5 years of compensation experience
• 2 years of international compensation experience
• Demonstrated expertise in compensation fundamentals
• Advanced knowledge of Excel, HRIS and Payroll systems
• Ability to think strategically and identify actions required to achieve the organization’s compensation goals and objectives
• Demonstrated ability to quickly and accurately define problems, collect data, establish facts, draw conclusions, and provide leadership and direction to internal and external parties to resolve complex compensation issues
• Attention to detail and ability to produce quality work product in a fast-past, changing environment
• Self directed, but able to successfully operate in a team environment
• Ability to think strategically, solve problems, and implement solutions

Preferred Qualifications:

• Masters degree in Human Resources related major
• CCP Certification
• Compensation experience in a technology manufacturing environment