Logo of Huzzle

Home

Matches

Explore

Manage

Compensation Analyst

image

Virgin Galactic

1mo ago

  • Job
    Full-time
    Mid & Senior Level
  • Data
    People, HR & Administration
  • Tustin

AI generated summary

  • You need a Bachelor’s degree, 3-5 years in compensation, strong Excel skills, experience with Success Factors, and effective communication abilities. CCP certification and familiarity with equity programs are preferred.
  • You will evaluate jobs, analyze market data, advise on salary offers, manage compensation cycles, maintain databases, and prepare reports while supporting various HR projects.

Requirements

  • 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

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, providing salary and incentive recommendations, managing relationships with internal and external partners, participating in external salary surveys, administering the annual focal review cycle, maintaining the survey database, managing job descriptions, preparing summary reports, processing compensation actions, and participating in special projects.

What qualifications are required for this position?

A Bachelor's degree or equivalent is required, along with a WorldatWork CCP Certification preferred. Candidates should have 3 to 5 years of relevant experience in the compensation field, experience with Success Factors, and strong analytical and communication skills.

Is experience in equity compensation required?

Familiarity with equity compensation programs and related compliance requirements is preferred but not specifically required.

What is the salary range for this Compensation Analyst position?

The annual U.S. base salary range for this full-time position is $79,300.00–$121,000.00, depending on job-related knowledge, skills, location, and experience.

Are there opportunities for bonuses or long-term incentives?

Yes, other forms of pay such as bonuses or long-term incentives may be provided as part of the compensation package in addition to the base salary.

What type of work environment does Virgin Galactic promote?

Virgin Galactic promotes a collaborative and innovative work environment, focusing on transforming humanity’s relationship with space and redefining what's possible.

What does the application process involve?

The application process includes meeting U.S. Government export regulations, which require the applicant to be a U.S. Person or to obtain necessary authorizations, as well as passing any required background checks for specific facilities.

Does Virgin Galactic offer benefits?

Yes, Virgin Galactic offers a full range of medical, financial, and other benefits, which are dependent on the position offered.

What is the policy on drug use in the workplace?

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

Is experience with aerospace or engineering positions necessary?

While not explicitly required, experience analyzing external compensation surveys for engineering or aerospace positions is beneficial for applicants.

image

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.