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Compensation Analyst full_time

The Compensation Analyst 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. 
  • Builds and manages relationships with key internal/external partners.
  • Provide support and guidance on internal/external salary offer actions.
  • 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 (Willis Towers Watson Compensation Software) utilized for market pricing all positions.
  • Manages job descriptions and reevaluates market pricing as needed based on updates.
  • 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, and  offer letters.
  • Participates in special compensation/HRIS projects, as assigned.

 

Requires Skills and Experience

  • Bachelor’s degree or equivalent required
  • WorldatWork CCP Certification preferred
  • Minimum of 3 to 5 years of relevant work experience in the compensation field as a Compensation HR team member
  • Experience with Success Factors and the Success Factors Compensation module
  • Experience communicating effectively across diverse teams, including translating ideas and quantitative insights into digestible information for leaders and teammates
  • Experience with analyzing external compensation surveys and/or engineering/aerospace positions
  • Strong understanding of compensation best practices, current compensation trends, and market benchmark data
  • Proven analytical skills, a keen eye for detail, problem solver, and truly in-depth knowledge of MS Excel  including building and maintaining models
  • Ability to get into the details, while maintaining a broader view
  • Strong communication and organizational skills and strong attention to detail
  • Strong presentations skills and must be comfortable with presenting to executive leadership
  • Familiarity with equity compensation programs and related compliance requirements
  • Strong interpersonal and communication skills and the ability to interact effectively with all levels in the organization

The annual U.S. base salary range for this full-time position is $79,300.00–$121,000.00. The base pay actually offered will vary depending on job-related knowledge, skills, location, and experience and take into account internal equity. Other forms of pay (e.g., bonus or long term incentive) may be provided as part of the compensation package, in addition to a full range of medical, financial, and other benefits, dependent on the position offered. For more information regarding Virgin Galactic benefits, please visit https://vgcareers.virgingalactic.com/global/en/benefits

 

Who We Are

Virgin Galactic is transforming humanity’s relationship with space. By making it more open and accessible, we are connecting the world to the love, wonder and awe inspired by space travel, helping to create new opportunities for the benefit of life on Earth. Whether it’s supporting cutting-edge research missions for scientists and students, or offering life-changing experiences for the adventurers among us, Virgin Galactic is THE spaceline for Earth. Such an audacious vision requires a team as driven as they are curious – one capable of redefining the boundaries of what’s possible. 

 

Export Requirements 
To conform to U.S. Government export regulations, applicant must be a U.S. Person (either a U.S. citizen, a lawful permanent resident or a protected individual as defined 8 U.S.C. 1324b(a)(3) or be able to obtain the required authorization from either the U.S. Department of State or the U.S. Department of Commerce. The applicant must also not be included in the list of Specifically Designated Nationals and Blocked Persons maintained by the Office of Foreign Assets Control. See list here.

 

EEO Statement
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, gender identity, national origin/ethnicity, veteran status, disability status, age, sexual orientation, marital status, mental or physical disability or any other legally protected status. 

 

DRUG FREE WORKPLACE
Virgin Galactic is committed to a Drug Free Workplace.  All applicants post offer and active teammates are subject to testing for marijuana, cocaine, opioids, amphetamines, PCP, and alcohol when criteria is met as outlined in our policies. This can include pre-employment, random, reasonable suspicion, and accident related drug and alcohol testing. 

 

PHOENIX EMPLOYMENT REQUIREMENTS
For individuals seeking employment at our Phoenix Mesa Gateway Airport facility, employment is contingent upon you obtaining and maintaining a TSA authorized security badge.  This includes initial and annual mandatory background checks that are governed by TSA, and conducted by the Phoenix Mesa Gateway Airport badging office.

 

Job Overview