Compensation Staff III/IV

The Aerospace Corporation • El Segundo, CA

4d • Hybrid

About The Position

The Aerospace Corporation is seeking a Compensation Partner to join their People Operations Directorate. This role is crucial in ensuring pay practices are equitable, competitive, and aligned with business goals. The Compensation Partner will be instrumental in designing and delivering compensation programs, providing expert guidance on market analysis, job evaluation, annual planning, and pay equity. This position is located in El Segundo, CA, and requires at least 4 days onsite.

Requirements

• Bachelor's degree in Human Resources, Business Administration, Finance, or related field
• 6 or more years of relevant compensation experience (for Staff III)
• 8 or more years of relevant compensation experience (for Staff IV)
• Experience with compensation principles, practices, systems, and methodologies
• Advanced Excel skills and strong analytical skills

Nice To Haves

• Certified Compensation Professional (CCP) certification or other HR certifications
• Familiarity with, or have experience with, competitive pay practices in high tech firms, the space industry, and/or FFRDC pay structures
• Experience in Workday and market pay systems
• Experience with dashboards and/or Tableau reporting

Responsibilities

• Serve as the Compensation Partner for a client group working along with the Strategic People Partners and recruiters on all compensation-related projects
• Responsible for the review, evaluation, and external market benchmarking for Aerospace jobs from entry level through the highest-level professional; work-product includes analysis of job descriptions, the evaluation and of leveling jobs, market pricing, development of hiring ranges and pay recommendations
• Serve as integral partner for the administration of our compensation planning processes including annual planning, off-cycle planning, review of our salary structure, development of processes and workflows, pay equity studies, and all related activities
• Participate in salary surveys and benchmark company compensation against market data
• Manage the Compensation workflow and processes within Workday and integrations with other People Operations Centers of Expertise including People Acquisition, People Management, Talent Management, plus future enhancements as needed
• Support the implementation and ongoing maintenance of third-party systems such as MarketPay
• Produce analyses and metrics on various compensation programs including merit, recognition awards, and budgets
• Partner in development of all communication materials and training developed for Compensation programs such as recognition awards, merit planning training and FAQs, as well as the Total Rewards Portal
• Partner on the continued process improvement of Compensation-related systems and processes including the integration with other People Operations processes
• Ensure compensation practices comply with federal, state, and local regulations (FLSA, Equal Pay Act, etc.)
• Support pay equity audits and analyses, as needed

Benefits

• Comprehensive health care and wellness plans
• Paid holidays, sick time, and vacation
• Standard and alternate work schedules, including telework options
• 401(k) Plan — Employees receive a total company-paid benefit of 8%, 10%, or 12% of eligible compensation based on years of service and matching contributions; employees are immediately eligible and vested in the plan upon hire
• Flexible spending accounts
• Variable pay program for exceptional contributions
• Relocation assistance
• Professional growth and development programs to help advance your career
• Education assistance programs
• An inclusive work environment built on teamwork, flexibility, and respect

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level