Senior Compensation Partner - Corporate Functions & M&A
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 global team is supported and capable of delivering projects and customer missions, while also focusing on employee development, skill nurturing, talent retention, and supporting the growth of the company. The Senior Compensation Partner, based in Long Beach, CA, will provide strategic analysis and assist with the design, implementation, and administration of compensation decisions for new hires and internal employees. This role reports to the Director, Total Rewards and supports the global People & Culture organization with deliverables for leadership, the board of directors, and investors. The position will be instrumental 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 have the opportunity to collaborate directly with business leaders on compensation practices and programs.
Requirements
- 8+ years of professional experience in compensation analysis and administration and 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
- top tier medical HMO, PPO & a 100% company-sponsored medical HSA plan option
- dental and vision coverage
- 3 weeks paid vacation and 5 days sick leave per year
- 11 paid holidays per year
- flexible spending and dependent care savings accounts
- paid parental leave
- disability insurance
- life insurance
- access to a 401(k) retirement plan with company match
- Discounted employee stock purchase program
- subsidized EV charging stations
- onsite gym
- food and drinks
- other discounts
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What This Job Offers
Job Type
Full-time
Career Level
Senior
