Rocket Lab

Senior Compensation Partner - Corporate Functions & M&A

Rocket Lab$116K — $145K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of experience in compensation analysis and administration; 12+ years total work experience may substitute for a degree
  • Experience leading internal and external market analysis
  • Advanced proficiency in Excel for modeling and analysis

Responsibilities

  • Partner with People & Culture team and leadership for hiring, promotions, and compensation programs
  • Manage global compensation architecture and job structures
  • Conduct quantitative analysis and data modeling to inform strategic decisions
  • Aggregate data and participate in compensation surveys
  • Develop and implement training on compensation programs for various stakeholders
  • Research innovative compensation tools with a focus on AI
  • Assist in crafting a comprehensive total rewards strategy

Benefits

  • Top tier medical plans and a 100% company-sponsored HSA option
  • Dental and vision coverage
  • 3 weeks paid vacation and 5 days sick leave
  • 11 paid holidays each year
  • Flexible spending and dependent care savings accounts
  • Paid parental leave and disability insurance
  • Company equity and a robust 401(k) retirement plan with a match
  • Discounted employee stock purchase program and subsidized EV charging stations
  • Onsite gym and complimentary food and drinks
Full Job Description
SENIOR COMPENSATION PARTNER - CORPORATE FUNCTIONS & M&A

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 top 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 & implement constructive 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 corporate functions (Finance, IT, P&C, etc.) 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

This position may require prolonged periods of sitting, standing, walking, computer work, and occasional exposure to moderate levels of noise, dust, and fumes in production areas.

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

About Rocket Lab

Rocket Lab is a private American aerospace manufacturer and small satellite launch service provider. The company was founded in 2006 by New Zealander Peter Beck. Rocket Lab's Electron rocket is designed to launch small payloads of up to 300 kg into low Earth orbit. The company has launched several successful missions and has contracts with NASA and other organizations. Rocket Lab has raised over $200 million in funding and has offices in the United States and New Zealand.
Learn more about Rocket Lab
Size
500 employees
Market Cap
$1.6 billion
Industry
Founded
2006
NASDAQ

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