Compensation Manager

11 hours ago


Tustin, California, United States Virgin Galactic Full time
Job Summary

The Sr. Manager, Compensation role at Virgin Galactic is a critical position that requires a seasoned compensation professional to lead the implementation and administration of compensation programs that attract, retain, motivate, and reward teammates. This role works closely with key stakeholders to provide guidance and support on executive compensation, broad-based compensation, and other specialized areas of compensation.

Key Responsibilities
  • Develop and maintain effective working relationships within the People team and across business units to support compensation programs.
  • Lead key compensation initiatives related to annual merit planning and execution, annual incentive design and administration, long-term incentive design and administration, compensation benchmarking, and communication of compensation plans.
  • Develop, implement, and administer compensation plans, pay structures, and processes that support the company's compensation philosophy, pay equity, and pay transparency.
  • Provide consultation and in-depth expertise to business leaders, Talent Partners, and People Business Partners on base pay administration and incentive compensation design to align with business strategy.
  • Responsible for creating and supporting total compensation programs, practices, and policies to attract and retain top talent.
Requirements
  • Bachelor's Degree in Human Resources, Finance, Mathematics, Statistics, or a related field.
  • WorldatWork CCP, CEP, or other appropriate certification preferred.
  • A minimum of 8-10 years' experience in compensation, with 2-3 years of consulting or corporate executive compensation experience.
  • Strong analytical and problem-solving abilities, attention to detail, and time management skills.
  • Expert proficiency with the Microsoft Office Suite (Excel, Word, PowerPoint).
  • Demonstrated ability to anticipate and prioritize multiple priorities in a fast-paced environment.
  • Ability to handle compensation employee data with complete confidentiality and utmost discretion.
Compensation and Benefits

The annual base salary range for this full-time position is $118,000 - $180,000. 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, such as 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.



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