Tricia Schumann
Sr Compensation Program Manager at Medtronic- Claim this Profile
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Bio
Experience
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Medtronic
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United States
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Medical Equipment Manufacturing
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700 & Above Employee
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Sr Compensation Program Manager
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Jul 2019 - Present
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Principal Compensation Analyst - Global Base Pay Programs
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Feb 2016 - Jul 2019
•Provide input into the design of global base pay and merit programs, processes and systems•Lead the annual process to develop salary ranges and merit budgets across 70+ countries; consult with regional teams to drive consistency in the market sources used and the application of the market data. Develop modeling tools to aid in analysis and decision making.•Manage the global market pricing system including RFP, vendor selection, implementation and ongoing process development/enhancement•Develop HR Portal content for Employees, Managers and HR Professionals in support of HR operating model
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Sr Compensation Analyst
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Oct 2013 - Feb 2016
• Primary analyst on Global Compensation Team supporting US Base Pay programs including market pricing, salary survey participation, compliance, salary budgeting and job structure maintenance• Workday Salary Planning process expert and consultant to the Business Units and Regions• Towers Reward market pricing system lead• Provide Total Rewards consultation and deployment to Corporate Functions HRBPs/administrators of Base, STI, LTI and Recognition programs, conduct job leveling of Corporate roles and prepare Compensation reporting and analytics for corporate population • Prepare Executive (VP) Compensation & Benefit Summaries
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Entrust
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United States
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Software Development
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700 & Above Employee
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Global Compensation Analyst
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Jul 2012 - Oct 2013
•Conducted market pricing for new and existing positions on a global basis and updated the market reference points and ranges annually •Prepared quarterly financial modeling of the Annual Incentive Plan payout based on achievement of plan metrics at various levels, calculated final payouts under the Plan and coordinated payments with global payrolls •Trained managers in the use of the PeopleSoft eCompensation merit adjustment tool and related processes •Provided analytical support in evaluation of the company’s rewards and other HR programs
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Valspar
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Chemical Manufacturing
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700 & Above Employee
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Sr International Assignment & Compensation Analyst
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Nov 2002 - Jul 2012
-Managed and administered the company's international assignment programs including expatriate, short term assignment rotations and localized transfers-Researched and implemented relocation best practices and tax-efficient structuring of assignment compensation-Prepared assignment cost projections and consulted with host-country finance staff regarding the accounting of assignment costs-Managed US inbound immigration activity for hiring of foreign nationals, including US work visas (H1B, L1, TN), immigrant visa petitions, and I-9 compliance-Gathered and reconciled year-end global compensation for accurate W2 reporting-Prepared monthly inter-company compensation billing detail-Administered stock option plan for expatriate and non-US participants and advised management regarding legal, tax and payroll compliance of global equity plans-Served as primary liaison with external tax consultant regarding the administration of assignment program and services provided-Lead the Workday (global HRIS) project implementation for Latin America region-Supported Compensation department with base salary administration, job analysis, market pricing and salary surveys
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Benefits Administrator
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Mar 2001 - Oct 2002
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Thermotech, Inc
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United States
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Plastics Manufacturing
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1 - 100 Employee
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Human Resources Assistant
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2000 - 2001
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Education
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University of Minnesota-Duluth
BBA, Human Resources and MIS -
Duluth Central High School