Senior Compensation Partner - Manufacturing & Engineering

Rocketlab; Long Beach (CA); On-site; USD 116,000 - 145,000; Full time

Benefits offered by this job

Top tier medical benefits

3 weeks paid vacation

Flexible spending accounts

Discounted employee stock purchase program

Job summary

Rocket Lab is seeking a Senior Compensation Partner based in Long Beach, CA. The role involves strategic analysis and administration of compensation for new hires and internal employees, supporting the People & Culture organization.

You will partner with leadership to design and implement compensation programs, ensuring practices are aimed at attracting and retaining top talent. The ideal candidate will have over 8 years of experience in compensation analysis and proficiency in data management.

Qualifications

• 8+ years of professional experience in compensation analysis.
• Experience leading internal and external market analysis.
• Advanced proficiency in Excel with model-building experience.

Responsibilities

• Support decision making for hiring, promotions, and annual compensation programs.
• Manage global compensation architecture and design salary structures.
• Conduct research and present data trends for strategic decisions.

Skills

Compensation analysis

Data modeling

Excel proficiency

Education

Bachelor's degree or equivalent work experience

Tools

Excel

Job description

ABOUT ROCKET LAB

Rocket Lab is an end-to-end space company delivering responsive launch services, complete spacecraft design and manufacturing, payloads, satellite components, and more – all with the goal of opening access to space. The rockets and satellites we build and launch enable some of the most ambitious and vital space missions globally, supporting scientific exploration, Earth observation and missions to combat climate change, national security, and exciting new technology demonstrations.

Our Electron rocket has become the second most frequently launched U.S. rocket annually and has delivered more than 230 satellites to orbit, all while we work to develop Neutron, our upcoming medium-lift, reusable launch vehicle for larger constellation deployment. Our Space Systems business designs and builds our extensive line of satellites, payloads, and their components, including spacecraft that have been selected to support NASA missions to the Moon and Mars and components used on the James Webb Space Telescope.

PEOPLE & CULTURE

Rocket Lab’s People & Culture team is responsible for looking after our most valuable asset: our people. Across our global teams, the People & Culture team supports our people and departments across recruitment, new staff orientation, compensation, learning and development. They make sure our growing and diverse global team is supported and capable of delivering our projects and customer’s missions, and they’re responsible for supporting their development, nurturing their skills and talent, and retaining the world-class people already on our team.

SENIOR COMPENSATION PARTNER - MANUFACTURING & ENGINEERING

Based out of Rocket Lab's global headquarters in Long Beach, CA, the Senior Compensation Partner is responsible for providing strategic analysis and assisting with the design, implementation, and administration of executive and broad-based compensation decisions for new hires and internal employees. You will report directly to the Director, Total Rewards and support the global People & Culture organization with deliverables required for internal leadership, board of directors, and investors. This role will support creating and driving the strategy, policy, and programs spanning all areas of compensation, benefits, and equity to ensure pay practices are designed to drive high performance and attract and retain world-class talent. The candidate will have the opportunity to work directly with business leaders to deliver on Rocket Lab’s compensation practices and programs.

WHAT YOU’LL GET TO DO:

• Act as business partner to the People & Culture (P&C) team along with business leadership to support their decision making for hiring, promotions, specific organizational initiatives, and annual compensation programs
• Manage the global compensation architecture including the design and creation of new jobs and salary structures.
• 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.
• Aggregate data and participate in compensation surveys as needed
• Develop and implement communication and training on compensation programs for recruiters, human resources professionals, and managers to promote understanding and transparency of Rocket Lab’s compensation practices.
• Research and provide recommendations for innovative compensation tools and resources with an emphasis on artificial intelligence (AI).
• Assist with the development of a comprehensive total rewards strategy and roadmap
• Collaborate with IT on process improvements and systems enhancements
• Provide analytical support for total rewards compliance requirements
• Review and approve compensation requests for new hires and internal transfers
• Develop presentations and provide recommendations to leadership

YOU’LL BRING THESE QUALIFICATIONS

• 8+ years of professional experience in compensation analysis and administration and a bachelor's degree or equivalent years of work experience (12+ years of total work experience).
• Experience leading internal and external market analysis
• Advanced proficiency in excel, including experience building models and analyses

THESE QUALIFICATIONS WOULD BE NICE TO HAVE:

• Master’s Degree
• Ability to receive constructive feedback and incorporate that feedback into future work products
• Experience managing compensation decisions as part of a corporate function or in management consulting
• Prior experience supporting and employees base of engineers and manufacturing professionals along with mergers and acquisitions
• Strong analytical, project management, and quantitative skills with the ability to present to a variety of team members
• Knowledge of laws and regulations as they apply to base compensation, incentive compensation programs, company policies, and operations
• In-depth understanding of compensation best practices
• Excellent communication and presentation skills, both verbal and written communication skills
• Strong consultative skills and highly effective in communicating clearly and constructively to a variety of audiences
• 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
• Experience developing stock-based compensation packages
• Highly organized with ability to manage multiple high-priorities in a fast-paced environment
• Certified Compensation Professional (CCP)
• Experience using artificial intelligence (AI) tools such as Compa, Pave, Open Code
• Experience using Radford compensation survey

PERKS & COMPENSATION

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 component of our total rewards package at Rocket Lab. Employees may also receive company equity and access to a robust benefits package including: top tier medical HMO, PPO & a 100% company-sponsored medical HSA plan option, dental and vision coverage, 3 weeks paid vacation and 5 days sick leave per year, 11 paid holidays per year, flexible spending and dependent care savings accounts, paid parental leave, disability insurance, life insurance, and access to a 401(k) retirement plan with company match. Other perks include: Discounted employee stock purchase program, subsidized EV charging stations, onsite gym, food and drinks, and other discounts.

Eligibility for benefits may vary based on employment status, please check with your recruiter for a comprehensive list of the benefits available for this role. Benefit programs are subject to change at the company’s discretion.

Base Pay Range (CA Only) $116,000 — $145,000 USD

WHAT TO EXPECT

We’re on a mission to unlock the potential of space to improve life on Earth, but that’s not an easy task. It takes hard work, determination, relentless innovation, teamwork, grit, and an unwavering commitment to achieving what others often deem impossible. Our people out-think, out-work, and out-pace. We pride ourselves on having each other’s backs, checking our egos at the door, and rolling up our sleeves on all tasks big and small. We thrive under pressure, work to tight deadlines, and our focus is always on how we can deliver, rather than dwelling on the challenges that stand in the way.

EQUAL EMPLOYMENT OPPORTUNITY

Rocket Lab provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment at Rocket Lab, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Applicants requiring a reasonable accommodation for the application/interview process for a job in the United States should contact Giulia Johnson at [e-mail]. This dedicated resource is intended solely to assist job seekers with disabilities whose disability prevents them from being able to apply/interview. Only messages left for this purpose will be considered. A response to your request may take up to two business days.