Senior Compensation Partner - Corporate Functions & M&A

Rocket Lab Corporation•Long Beach, CA

1d•$116,000 - $145,000•Onsite

About The Position

Rocket Lab's People & Culture team is responsible for supporting employees and departments across recruitment, new staff orientation, compensation, and learning and development. They ensure the growing and diverse global team is supported and capable of delivering projects and customer missions. This Senior Compensation Partner role, based in Long Beach, CA, will provide strategic analysis and assist with the design, implementation, and administration of executive and broad-based compensation decisions for new hires and internal employees. Reporting to the Director, Total Rewards, this position will support the global People & Culture organization with deliverables for internal leadership, the board of directors, and investors. The role is key in creating and driving the strategy, policy, and programs for compensation, benefits, and equity to ensure pay practices attract and retain top talent and drive high performance. The candidate will collaborate directly with business leaders on compensation practices and programs.

Requirements

8+ years of professional experience in compensation analysis and administration
A bachelor's degree or equivalent years of work experience (12+ years of total work experience).
Experience leading internal and external market analysis
Advanced proficiency in excel, including experience building models and analyses

Nice To Haves

Master’s Degree
Ability to receive & implement constructive feedback into future work products
Experience managing compensation decisions as part of a corporate function or in management consulting
Prior experience supporting and employees base of corporate functions (Finance, IT, P&C, etc.) professionals along with mergers and acquisitions
Strong analytical, project management, and quantitative skills with the ability to present to a variety of team members
Knowledge of laws and regulations as they apply to base compensation, incentive compensation programs, company policies, and operations
In-depth understanding of compensation best practices
Excellent communication and presentation skills, both verbal and written communication skills
Strong consultative skills and highly effective in communicating clearly and constructively to a variety of audiences
Demonstrated ability to solve complex problems using best practices, knowledge of internal and external business issues to provide a new perspective on existing solutions or create new solutions
Experience developing stock-based compensation packages
Highly organized with ability to manage multiple high-priorities in a fast-paced environment
Certified Compensation Professional (CCP)
Experience using artificial intelligence (AI) tools such as Compa, Pave, Open Code
Experience using Radford compensation survey

Responsibilities

Act as business partner to the People & Culture (P&C) team along with business leadership to support their decision making for hiring, promotions, specific organizational initiatives, and annual compensation programs
Manage the global compensation architecture including the design and creation of new jobs and salary structures.
Conduct research, quantitative analysis, data modeling, data mining, and the presentation of data to see beyond the numbers and understand trends to drive strategic decisions around people.
Aggregate data and participate in compensation surveys as needed
Develop and implement communication and training on compensation programs for recruiters, human resources professionals, and managers to promote understanding and transparency of Rocket Lab’s compensation practices.
Research and provide recommendations for innovative compensation tools and resources with an emphasis on artificial intelligence (AI).
Assist with the development of a comprehensive total rewards strategy and roadmap
Collaborate with IT on process improvements and systems enhancements
Provide analytical support for total rewards compliance requirements
Review and approve compensation requests for new hires and internal transfers
Develop presentations and provide recommendations to leadership

Benefits

Company stock as part of total compensation package
Employee Stock Purchase Program (with a 15% discount on company stock)
Top-tier medical plans (HMO, PPO, and a zero cost HDHP option with a significant HSA company contribution)
Dental and vision coverage
Paid vacation and sick time
11 paid holidays
Flexible spending and dependent care accounts
Paid parental leave
Disability and life insurance
401(k) retirement plan with company match
Subsidized EV charging
Onsite fitness centers (where available)
Discounted gym memberships
Complimentary snacks and beverages
50% employee discount on our popular merch store
Variety of other employee discounts