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Sr. Compensation Consultant

Lucid Motors

Newark (NJ)

Hybrid

USD 107,000 - 148,000

Full time

5 days ago
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Job summary

An innovative firm is seeking a Senior Compensation Consultant to lead the design and administration of competitive compensation programs. In this pivotal role, you will partner with HR leaders and business executives to ensure that compensation practices align with the company's strategic goals. Your expertise will drive key initiatives in a dynamic environment, where your analytical and consultative skills will be essential. If you are passionate about shaping equitable compensation structures and making a significant impact in a high-growth setting, this is the perfect opportunity for you.

Benefits

Medical Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Vacation
401k
Equity Program
Discretionary Annual Incentive Program

Qualifications

  • 5+ years in Compensation or Total Rewards required.
  • Experience with Radford Job Descriptions is a plus.
  • Compensation Certification (CCP) or working towards it preferred.

Responsibilities

  • Conduct competitive benchmarking and market analysis.
  • Support managers and employees on compensation inquiries.
  • Formulate compensation offers for new hires.

Skills

Compensation Analysis
Market Benchmarking
Analytical Skills
Consultative Mindset
Project Management

Education

Bachelor's Degree in Human Resources
Finance / Accounting Degree
Quantitative Business Management Degree

Tools

Excel
PowerPoint
HRIS Systems

Job description

Leading the future in luxury electric and mobility

At Lucid, we set out to introduce the most captivating, luxury electric vehicles that elevate the human experience and transcend the perceived limitations of space, performance, and intelligence. Vehicles that are intuitive, liberating, and designed for the future of mobility.

We plan to lead in this new era of luxury electric by returning to the fundamentals of great design - where every decision we make is in service of the individual and environment. Because when you are no longer bound by convention, you are free to define your own experience.

Come work alongside some of the most accomplished minds in the industry. Beyond providing competitive salaries, we're providing a community for innovators who want to make an immediate and significant impact. If you are driven to create a better, more sustainable future, then this is the right place for you.

Reporting to the Head of Compensation, the Senior Compensation Consultant will play a critical role in designing, analyzing, and administering Lucid's compensation programs while partnering closely with the broader HR team and business leaders. This role requires a strategic thinker with deep expertise in compensation who can provide data-driven insights and consultative guidance to support business objectives in a high-growth environment.

The ideal candidate is a proactive, detail-oriented professional with strong execution skills, a consultative mindset, and the ability to drive key compensation initiatives. They will be instrumental in ensuring Lucid's compensation programs are competitive, equitable, and aligned with the company's goals.

You Will :

  • Conduct competitive benchmarking and market analysis to assist with the evaluation of the Company's job classification structure, pay rate guidelines, geographic differentials, and short-term / long-term incentive programs that align with our overall pay philosophy
  • Play a key role in the annual & mid-year compensation planning processes, including salary and bonus planning. Partner with HR Leaders to engage Business Leaders in ensuring successful completion.
  • Ability and experience in leveling jobs, analyzing market data and proposing sound recommendations to recruiters and hiring managers maintaining internal equity and adhering to company compensation practices and philosophies.
  • Support managers, employees, and TA team related to compensation programs, related inquiries, and requests for information.
  • Formulate compensation offers for new hires with information from Job description, resume, internal and external market data.
  • Assist with completing and analyzing external regional market salary surveys and tools
  • Assist with communication and administration of local compensation policies and Knowledge of job classification, FLSA and wage & hour laws.
  • Resolve day-to-day concerns or issues through interpretation of policy or guidelines that have been provided.

You Bring :

  • Minimum 5+ years work-related experience required in Compensation or Total Rewards
  • Bachelor's Degree in Human Resources, Finance / Accounting, Quantitative Business Management or related field required.
  • Advanced proficiency in Windows-based applications (Excel, Word, Access, and PowerPoint) is required.
  • Must have excellent organization skills and demonstrated ability to effectively manage multiple priorities in a fast-paced environment.
  • Experience with and knowledge of Radford Technical Job Descriptions, job codes and leveling systems a plus.
  • Excellent, analytical, consulting, and influencing skills, with a track record of identifying issues and formulating solutions.
  • Compensation Certification (CCP) or working towards certification a plus.
  • HRIS Systems Knowledge and experience a plus.

This role is onsite based in our Newark,CA location with flexibility to work 1-2 days remotely.

At Lucid, we don't just welcome diversity - we celebrate it! Lucid Motors is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, national or ethnic origin, age, religion, disability, sexual orientation, gender, gender identity and expression, marital status, and any other characteristic protected under applicable State or Federal laws and regulations.

Salary Range : The compensation range for this position is specific to the locations listed below and is the range Lucid reasonably and in good faith expects to pay for the position taking into account the wide variety of factors that are considered in making compensation decisions, including job-related knowledge; skillset; experience, education and training; certifications; and other relevant business and organizational factors.

Additional Compensation and Benefits : Lucid offers a wide range of competitive benefits, including medical, dental, vision, life insurance, disability insurance, vacation, and 401k. The successful candidate may also be eligible to participate in Lucid's equity program and / or a discretionary annual incentive program, subject to the rules governing such programs. (Cash or equity incentive awards, if any, will depend on various factors, including, without limitation, individual and company performance.)

Base Pay Range (Annual)

107,300-$147,510 USD

By Submitting your application, you understand and agree that your personal data will be processed in accordance with our Candidate Privacy Notice. If you are a California resident, please refer to our California Candidate Privacy Notice.

To all recruitment agencies : Lucid Motors does not accept agency resumes. Please do not forward resumes to our careers alias or other Lucid Motors employees. Lucid Motors is not responsible for any fees related to unsolicited resumes.

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