Senior Director, Compensation and Benefits

MP Materials Corp.•Las Vegas, NV

About The Position

The Senior Director, Compensation & Benefits at MP Materials will lead the design, implementation, and administration of competitive compensation and benefits programs that attract, retain, and motivate top talent. This role ensures alignment with business objectives, regulatory compliance, and market competitiveness while fostering a culture of transparency and equity across the organization.

Requirements

Bachelor’s degree in Human Resources, Business Administration, Finance, or related field.
Minimum of 8–10 years of experience in compensation and benefits, with at least 3–5 years in a managerial role.
Strong knowledge of compensation frameworks, benefits administration, and regulatory requirements.
Proficiency in HRIS systems and data analytics tools.

Nice To Haves

Able to align total rewards with long-term business goals.
Skilled in interpreting data and translating it into meaningful action.
Deep understanding of legal and regulatory frameworks.
Builds trust across departments and levels.
Passionate about creating equitable and engaging reward experiences.

Responsibilities

Develop and manage salary structures, incentive plans, and equity programs.
Conduct market benchmarking and job evaluations to ensure competitive pay practices.
Lead annual compensation cycles including merit reviews, bonus planning, and executive compensation.
Oversee health, wellness, retirement, and leave programs to ensure cost-effectiveness and employee satisfaction.
Partner with brokers and vendors to optimize benefit offerings and service delivery.
Ensure compliance with federal and state regulations including ERISA, ACA, and COBRA.
Monitor compensation and benefits trends, analyze data, and provide actionable insights to leadership.
Prepare reports for audits, compliance, and executive decision-making.
Partner with HR, Finance, and Legal teams to align total rewards with organizational goals.
Serve as a trusted advisor to leadership on compensation and benefits matters.