Sr. Compensation Program Manager

Company: 10x Genomics
Location: Pleasanton
Posted on: May 9, 2022

Job Description:

Senior Compensation Program Manager

An action-oriented compensation program manager who is analytical and thrives in a fast-paced environment.

About The Role

The Senior Compensation Program Manager is responsible for designing and administering compensation programs, including long term incentive plans. As a member of the People Team at 10x Genomics, the focus of responsibility will be on creating competitive, best-in-class compensation packages to attract and retain top talent. As the Senior Compensation Program Manager, you will take lead on sales incentive plans, with contributions towards the management of our other cash and equity programs, to ensure total compensation is externally competitive and internally equitable while ensuring compliance with all state and federal laws across the organization.

The ideal candidate has a strong analytical background, is experienced in developing and writing business process documents, and is equally strong at driving execution around multiple compensation plans. Individuals applying for this position must be self-starters, strategic thinkers, action-driven, flexible in changing direction and methods, thrive in a fast-paced environment, excel at managing multiple priorities, succeed in communicating and influencing all levels within the organization, and provide an immediate contribution.

This position reports to the Director, Compensation & Total Rewards and is based in Pleasanton, CA.

What You Will Be Doing
Participate in compensation surveys, performs market research, analyze data, and formulates recommendations regarding the design of our compensation equity programs
Assists with the analysis, design, and administration of base pay, bonus, and equity processes, including merit increases, equity refreshers, and performance reviews.
Conducts job analysis and evaluations on new and revised positions to determine appropriate title, salary grade, pay and incentive level, job code, and FLSA classification, etc. Ensures compliance with all federal and state laws.
Supports the annual plan and forecast processes by calculating bonus pools and summarizing the financial impact of all comp plan changes across the global organization.
Collaborates and provides consultative support with HR team members and management on compensation-related issues as well as initiatives including job classification process and assignments.
Develops and prepares reoccurring compensation reporting/analytics and provides support for ad-hoc reporting requests. Conducts regular audits of compensation data to ensure accuracy and compliance.
Assists with development and implementation of annual compensation review programs.
Participates in the market benchmarking process by being the main point of contact with vendor contacts and maintaining market pricing system.
Assists with reviewing and approving proposed salary and incentive compensation changes.

Minimum Requirements
Bachelor's degree or experience in Human Resources, Finance, Accounting, or Business.
7+ years of global compensation experience, including experience administering base base pay, variable pay, and long term incentive compensation programs, policies, and practices
Knowledge of commonly-used concepts, practices, and procedures in HR and Finance.
Demonstrated analytical and project management skills required.
Excellent written and verbal communication skills. Skilled in developing and delivering presentations to varying audiences including employees and various levels of management.
Ability to think strategically and continually review and improve processes. Excellent ability to apply logical reasoning to data analysis and think through details. Ability to be self-directed and to handle large, concurrent projects with minimal supervision while adhering to strict guidelines.
Proficient with MS Office and Google Suites and expert knowledge of Excel and Google Sheets.
Intermediate knowledge of HR systems (Workday experience is preferred)

About 10x Genomics

At 10x Genomics, accelerating our understanding of biology is more than a mission for us. It is a commitment. This is the century of biology, and the breakthroughs we make now have the potential to change the world.

We enable scientists to advance their research, allowing them to address scientific questions they did not even know they could ask. Our tools have enabled fundamental discoveries across biology including cancer, immunology, and neuroscience.

Our teams are empowered and encouraged to follow their passions, pursue new ideas, and perform at their best in an inclusive and dynamic environment. We know that behind every scientific breakthrough, there is a deep infrastructure of talented people driving the life sciences industry and making it possible for scientists and clinicians to make new strides. We are dedicated to finding the very best person for every aspect of our work because the innovations and discoveries that we enable together will lead to better technologies, better treatments, and a better future. Find out how you can make a 10x difference.

Individuals seeking employment at 10x Genomics are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation, or any other characteristic protected by applicable law.

10x does not accept unsolicited applicants submitted by third-party recruiters or agencies. Any resume or application submitted to 10x without a vendor agreement in place will be considered unsolicited and property of 10x, and 10x will not pay a placement fee.

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