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Compensation Analyst

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Virgin Galactic

1mo ago

  • Job
    Full-time
    Mid Level
  • People, HR & Administration
    Accounting & Tax
  • Tustin

AI generated summary

  • You need a Bachelor’s degree, 3+ years in compensation, CCP preferred, expertise in SuccessFactors, strong Excel skills, and ability to communicate effectively with all organizational levels.
  • You will conduct job evaluations, analyze market data, manage compensation processes, and maintain survey databases while supporting salary recommendations and presenting findings.

Requirements

  • Bachelor’s degree or equivalent required
  • WorldatWork CCP Certification preferred
  • Minimum of 3 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

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.

FAQs

What are the main responsibilities of a Compensation Analyst at Virgin Galactic?

The main responsibilities include conducting job evaluations, assessing external market data, providing salary and incentive recommendations, managing relationships with partners, administering the annual focal review cycle, maintaining the survey database, and participating in special compensation projects.

Where is the Compensation Analyst position based?

The position is based in the Tustin, CA office and requires working from there Monday through Thursday.

What is the required experience for this role?

A minimum of 3 years of relevant work experience in the compensation field as a Compensation HR team member is required.

Is a specific certification preferred for this position?

Yes, a WorldatWork CCP Certification is preferred.

What tools or software experience is needed for the job?

Experience with Success Factors and the Success Factors Compensation module is required, along with proficiency in MS Excel.

What salary range is offered for this position?

The annual U.S. base salary range for this full-time position is $81,650.00 to $124,600.00.

Are there additional forms of compensation provided besides base salary?

Yes, other forms of pay such as bonuses or long-term incentives may be included in the compensation package.

What qualifications are necessary to apply for this role?

A Bachelor's degree or equivalent is required, along with strong analytical skills, attention to detail, and effective communication abilities.

Is the Compensation Analyst role eligible for remote work?

The Compensation Analyst role is primarily based in the office; however, work is expected to be performed in a hybrid format.

Does Virgin Galactic have a Drug-Free Workplace policy?

Yes, Virgin Galactic is committed to a Drug-Free Workplace, and all applicants and active teammates are subject to drug testing as outlined in the company policies.

What does Virgin Galactic value in its hiring process?

Virgin Galactic values merit, competence, and qualifications, ensuring that employment decisions are not influenced by race, color, religion, gender, gender identity, national origin, veteran status, disability status, age, sexual orientation, marital status, or any other legally protected status.

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Virgin Galactic

The Spaceline for Earth.

Defence & Aerospace
Industry
501-1000
Employees

Mission & Purpose

Virgin Galactic is an aerospace and space travel company, pioneering human spaceflight for private individuals and researchers with our advanced air and space vehicles. We are developing a spaceflight system designed to connect the world to the wonder and awe created by space travel and to offer customers a transformative experience.