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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 ANALYSTRESPONSIBILITIES:• 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

Are you ready to take your career to new heights? Join SpaceX as a Sr. Compensation Analyst in Hawthorne, CA, where you'll play a crucial role in shaping the future of space exploration. At SpaceX, we believe that a future where humanity is out exploring the stars is much more exciting than one where we are not. As a Sr. Compensation Analyst, you will act as a consultant to our Human Resources team and business leaders, helping them make informed decisions regarding hiring, promotions, and compensation programs. Your analytical skills will shine as you conduct research, data modeling, and mining to uncover trends that drive strategic decisions. Not only will you develop compensation programs and participate in compensation surveys, but you'll also mentor junior team members, promoting understanding and transparency while ensuring everyone is on the same page. If you're passionate about equity compensation packages and have a knack for solving complex problems in a fast-paced environment, this role is made for you. Come be part of a team that's not just about numbers but about paving the way for human life on Mars. Your journey with SpaceX is waiting!

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

As a Sr. Compensation Analyst at SpaceX, your primary responsibilities include consulting with the HR team and business leaders on hiring and promotions, conducting extensive quantitative analysis, and developing innovative compensation programs. You'll also aggregate data for compensation surveys, manage communication for those programs, and mentor junior analysts.

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What qualifications do I need to apply for the Sr. Compensation Analyst position at SpaceX?

To qualify for the Sr. Compensation Analyst position at SpaceX, candidates should have a Bachelor's degree and at least 4 years of professional experience in compensation or human resources. Preference will be given to those with degrees in business, mathematics, or finance, and extensive experience in complex compensation packages.

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What skills are important for a Sr. Compensation Analyst at SpaceX?

The ideal Sr. Compensation Analyst at SpaceX will possess strong analytical skills, advanced proficiency in Excel, and excellent problem-solving abilities. Additionally, consultative skills and the ability to communicate persuasively are essential for effectively driving strategic people decisions.

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Is relocation necessary for the Sr. Compensation Analyst role at SpaceX?

Yes, this is not a remote position; candidates not already located in the Hawthorne, CA area will be required to relocate for the Sr. Compensation Analyst position at SpaceX.

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

As a Sr. Compensation Analyst at SpaceX, you can expect a comprehensive benefits package including medical, dental, and vision coverage, a 401(k) retirement plan, generous vacation and holiday accrual, as well as potential equity incentives and bonuses.

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

When answering, highlight specific projects that showcase your analytical skills, your approach to data analysis, and how your insights led to strategic decisions in compensation.

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What methodologies do you use for salary benchmarking?

Discuss your familiarity with various compensation survey tools, data sources, and how you analyze market rates to ensure competitive compensation packages.

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How do you handle discrepancies in salary data?

Explain your steps in investigating discrepancies, such as cross-referencing multiple data sources and your experience in communicating findings to stakeholders.

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Describe a time you developed a compensation program. What was the outcome?

Use the STAR method to detail your involvement in the program's development, implementation, and how it improved organizational effectiveness or employee satisfaction.

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How do you prioritize multiple compensation projects?

Detail your organizational strategy, tools you might use to track progress, and your method for keeping communication open with your team and stakeholders.

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What tools or software do you use for data analysis?

Mention specific software tools, such as advanced Excel functions, databases, and tools you've used for statistical analysis, and how they played a role in your previous roles.

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How would you approach communication regarding changes in compensation structure?

Emphasize the importance of transparency, regular updates, and how you’d educate managers and employees on the reasons behind the changes.

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Can you give an example of how you've influenced a business decision related to compensation?

Share a specific example that showcases your analytical input leading to a significant business decision, demonstrating your ability to use data to influence stakeholders.

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What challenges have you faced in compensation analysis, and how did you overcome them?

Discuss a specific challenge, your thought process in approaching the issue, and the resolution that helped improve the situation.

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Why do you want to work for SpaceX as a Sr. Compensation Analyst?

Articulate your passion for the space industry, align your personal values with those of SpaceX, and express how you can contribute to their mission.

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Dental Insurance
Disability Insurance
Flexible Spending Account (FSA)
Health Savings Account (HSA)
Vision Insurance
Performance Bonus
Family Medical Leave
Paid Holidays

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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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
December 7, 2024

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