Sr. Compensation Analyst

Company: Virgin Galactic
Location: Tustin
Posted on: June 21, 2022

Job Description:

Who We AreVirgin Galactic, www.VirginGalactic.com (NYSE: SPCE), recognizes that the answers to many of the challenges we face in sustaining life on our beautiful but fragile planet, like in making better use of space. Sending people to space has not only expanded our understanding of science, but taught us amazing things about human ingenuity, physiology and psychology. From space, we are able to look with a new perspective both outward and back. From space, the borders that are fought over on Earth are arbitrary lines. From space, it is clear that there is much more that unites us than divides us."We are at the vanguard of a new industry determined to pioneer twenty-first century spacecraft, which will open space to everybody - and change the world for good." Sir Richard Branson, Founder, Virgin GalacticIf you are looking for a challenging opportunity that will ignite your passion for designing cool and innovative products, are exceptionally creative, are a great problem solver and can make things happen - apply today!Your Mission All candidates must work from our Tustin CA Headquarters 2-3x per week. Job Summary

• The Compensation Specialist is responsible for the administration of the Virgin Galactic compensation programs, which includes base salary, short-term and long-term incentive plans.Responsibilities
  • Conducts job evaluations and assesses external market data and internal equity to provide salary and incentive recommendations.
  • Participates in external salary surveys to assess market competitiveness and trends.
  • Executes the administration of the annual focal review cycle, including merit/bonus payments.
  • Provides recommendations for merit budget and salary structure movement.
  • Maintains the survey database (MarketPay) utilized for market pricing all positions.
  • Manages job descriptions and reevaluates market pricing as needed based on updates.
  • Creates and maintains a compensation guide for managers that articulates the compensation philosophy and process for requesting job evaluations and salary adjustments.
  • Prepares and presents summary reports of job analysis and compensation analysis information.
  • Performs periodic departmental reviews of market competitiveness.
  • Processes compensation actions which may include pay adjustments, promotion memos, and bonus letters, term sheets, offer letters.
  • Update employee personnel files with compensation decisions, including filing pay adjustments, equity grants, promotion memos, bonus letters, etc.
  • Participates in special compensation/HRIS projects, as assigned.What You BringBasic Qualifications
    • Minimum of 8+ years of Compensation experience required.
    • A Bachelor's Degree in Human Resources or Business is preferred
    • Experience with analyzing external compensation surveys
    • Excellent communication and organizational skills and excellent attention to detail
    • Excellent MS Excel experience
    • Ability to independently analyze and solve problems.
    • Strong interpersonal and communication skills and the ability to interact effectively with all levels in the organization. ITAR RequirementsTo conform to U.S. Government space technology export regulations, applicant must be a U.S. citizen, lawful permanent resident of the U.S., protected individual as defined by ITAR (22 CFR
      • 120.15) or eligible to obtain the required authorizations from the U.S. Department of State.As part of our commitment to health and safety, COVID-19 vaccines are required for current U.S. teammates, as well as all newly hired employees.As of October 1, 2021, all new hires must be able to provide proof that they are fully vaccinated against the COVID-19 virus, ( "fully vaccinated" means at least two weeks have expired since receiving the vaccination's last dose as recommended by the manufacturer) . If you are offered employment, this requirement must be met by your date of hire.Virgin Galactic is an Equal Opportunity Employer; employment with Virgin Galactic is governed on the basis of merit, competence and qualifications and will not be influenced in any manner by race, color, religion, gender, national origin/ethnicity, veteran status, disability status, age, sexual orientation, marital status, mental or physical disability or any other legally protected status.

Keywords: Virgin Galactic, Tustin , Sr. Compensation Analyst, Professions , Tustin, California