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SpaceX was founded under the belief that a future where humanity is out exploring the stars is fundamentally more exciting than one where we are not. Today SpaceX is actively developing the technologies to make this possible, with the ultimate goal of enabling human life on Mars. SR. COMPENSATION ANALYST RESPONSIBILITIES: • Act as consultant to the Human Resources (HR) team and business leadership to support their decision making for hiring, promotions, specific organizational initiatives, and annual compensation programs• Conduct research, quantitative analysis, data modeling, data mining, and the presentation of data to see beyond the numbers and understand trends to drive strategic decisions around people• Develop compensation programs such as job levels, salary structures, and recognition programs• Aggregate data to participate in compensation surveys• Develop and implement communication and training for compensation programs for recruiters, human resources professionals and managers to promote understanding and transparency• Mentor and train junior members of the teamBASIC QUALIFICATIONS:• Bachelor’s degree• 4+ years of professional experience in the area of compensation and/or human resourcesPREFERRED SKILLS AND EXPERIENCE:• Degree in business, mathematics, economics, or finance• 5+ years of experience working with complex compensation packages• Experience working with equity compensation packages• Advanced proficiency in Excel and strong data analysis skills• Strong consultative skills and highly effective in communicating clearly and persuasively with excellent influencing skills• Demonstrated ability to solve complex problems using best practices, knowledge of internal and external business issues to provide a new perspective on existing solutions or create new solutions• Highly organized with ability to manage multiple high-priorities in a fast-paced environmentADDITIONAL REQUIREMENTS:• This is not a remote position and will require relocation if not already local to the Hawthorne, CA areaCOMPENSATION AND BENEFITS:Pay range:Compensation Analyst/Senior: $110,000.00 – $145,000.00/per yearYour actual level and base salary will be determined on a case-by-case basis and may vary based on the following considerations: job-related knowledge and skills, education, and experience.Base salary is just one part of your total rewards package at SpaceX. You may also be eligible for long-term incentives, in the form of company stock, stock options, or long-term cash awards, as well as potential discretionary bonuses and the ability to purchase additional stock at a discount through an Employee Stock Purchase Plan. You will also receive access to comprehensive medical, vision, and dental coverage, access to a 401(k) retirement plan, short & long-term disability insurance, life insurance, paid parental leave, and various other discounts and perks. You may also accrue 3 weeks of paid vacation & will be eligible for 10 or more paid holidays per year. Exempt employees are eligible for 5 days of sick leave per year.ITAR REQUIREMENTS:• To conform to U.S. Government export regulations, applicant must be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident (aka green card holder), (iii) Refugee under 8 U.S.C. § 1157, or (iv) Asylee under 8 U.S.C. § 1158, or be eligible to obtain the required authorizations from the U.S. Department of State. Learn more about the ITAR here.SpaceX is an Equal Opportunity Employer; employment with SpaceX 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, gender identity, marital status, mental or physical disability or any other legally protected status.Applicants wishing to view a copy of SpaceX’s Affirmative Action Plan for veterans and individuals with disabilities, or applicants requiring reasonable accommodation to the application/interview process should notify the Human Resources Department at (310) 363-6000.Tagged as: EXCEL, Financial Analysis, Data analyst, Senior
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Average salary estimate

$127500 / YEARLY (est.)
min
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$110000K
$145000K

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What You Should Know About Sr. Compensation Analyst, SpaceX

At SpaceX, we believe in a thrilling future where humanity explores the cosmos, and we're looking for a Sr. Compensation Analyst to join our dynamic team in Hawthorne, CA. In this role, you will be more than just a number cruncher; you'll act as a strategic consultant to both our Human Resources team and business leaders, influencing key decisions related to hiring, promotions, and various organizational initiatives. You will dive deep into data, conducting research and data mining that uncovers trends impacting people decisions. Your expertise will shine as you develop innovative compensation programs, including job levels and salary structures, while participating in industry compensation surveys for deeper insights. But it’s not just about number analysis; you'll also be a teacher and mentor, guiding junior team members and ensuring that our compensation strategies are clearly communicated throughout the organization. If you have a degree in business, mathematics, economics, or finance and at least four years of experience in compensation or HR, this could be the perfect opportunity for you. Your advanced Excel skills and ability to deliver complex insights will be instrumental as we navigate the fast-paced environment at SpaceX. Join us in making history while enjoying a competitive salary, comprehensive benefits, and the chance to work on groundbreaking technology that will lead humanity to new horizons.

Frequently Asked Questions (FAQs) for Sr. Compensation Analyst Role at SpaceX
What are the primary responsibilities of a Sr. Compensation Analyst at SpaceX?

The Sr. Compensation Analyst at SpaceX is primarily responsible for consulting with the HR team and business leaders to support strategic decision-making regarding hiring and promotions. This role also entails conducting thorough research and data analysis to identify trends that guide compensation strategy, developing compensation programs, and mentoring junior team members.

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What qualifications are needed for the Sr. Compensation Analyst position at SpaceX?

To qualify for the Sr. Compensation Analyst role at SpaceX, candidates should possess a Bachelor’s degree and at least 4 years of professional experience in compensation or human resources. Skills in data analysis, advanced Excel proficiency, and strong consultative and communication abilities are essential.

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How does SpaceX support professional development for the Sr. Compensation Analyst role?

SpaceX emphasizes mentorship and training, especially for junior members of the team. As a Sr. Compensation Analyst, you will have the opportunity to develop and deliver training programs, promoting understanding and transparency in compensation strategies within the company.

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Is the Sr. Compensation Analyst position at SpaceX remote?

No, the Sr. Compensation Analyst position at SpaceX is not remote and requires candidates to be local to the Hawthorne, CA area or willing to relocate.

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What benefits can a Sr. Compensation Analyst at SpaceX expect?

SpaceX offers a comprehensive benefits package for the Sr. Compensation Analyst position, including competitive salary, stock options, bonuses, medical, vision, and dental coverage, a 401(k) retirement plan, paid parental leave, and ample vacation time.

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Common Interview Questions for Sr. Compensation Analyst
Can you explain your experience with compensation programs?

In answering this question, provide specific examples of compensation programs you've developed or managed, detailing the strategic outcomes achieved through those programs and how they supported organizational goals.

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How do you approach data analysis for compensation decisions?

Discuss your methodology for data analysis, including the tools you use and the types of data you typically analyze. Be sure to highlight how your analysis informs compensation strategies.

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What strategies do you use to communicate compensation changes to employees?

Effective communication is key. Share your strategies for clear and transparent communication regarding compensation changes, focusing on how you ensure employees understand the rationale behind these changes.

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How do you handle conflicting views on compensation within a team?

Handling conflicts requires diplomacy and strong analytical skills. Describe how you approach such situations, emphasizing collaboration and data-driven discussions to reach a consensus.

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What experience do you have with equity compensation packages?

Share your experience with equity compensation by discussing specific packages you've worked with, including any challenges faced and how you addressed them to align with organizational objectives.

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Can you describe a time when you solved a complex compensation issue?

Provide a detailed account of a specific issue you encountered, your approach to solving it, the data analysis you performed, and the successful outcome achieved.

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What key metrics do you believe are most important in assessing compensation competitiveness?

Identify and explain key metrics such as salary benchmarking, turnover rates, and employee satisfaction scores that are crucial in evaluating the competitiveness of your compensation strategy.

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How do you stay updated on industry compensation trends?

Discuss your methods for keeping current, such as attending industry seminars, subscribing to relevant publications, participating in compensation surveys, and networking with other professionals in the field.

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Explain how you prioritize multiple compensation requests.

Talk about your organizational skills and the processes you implement to assess urgency and importance, ensuring that you're meeting the most critical needs efficiently.

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What role does technology play in your compensation analysis?

Highlight specific tools and software you utilize for compensation analysis, emphasizing how they enhance accuracy, efficiency, and the overall effectiveness of your compensation strategies.

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SpaceX, founded by Elon Musk, is an aerospace manufacturer and space transport services company aiming to revolutionize space technology, with the ultimate goal of enabling human life on Mars.

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Mission Driven
Social Impact Driven
Passion for Exploration
Reward & Recognition
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Full-time, on-site
DATE POSTED
December 1, 2024

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