Director, Compensation

Company: Tesla, Inc.
Location: Austin
Posted on: March 19, 2023

Job Description:

The Director, Compensation will be a key member of Tesla's People team ensuring the success of the Compensation function and striving for continuous improvement. -Reporting to the VP, People, this position will lead the Compensation function and be accountable for the leadership and oversight of employee compensation programs across North America. The successful candidate will be ready to -evaluate -Tesla's compensation programs for engineering, energy, sales, and manufacturing environments. You should have outstanding partnerships with HR, Recruiting, hiring managers, and other senior leaders towards rolling out and sustaining successful compensation programs. Ultimately, you will serve as the senior leader of Compensation for a dynamic organization.Responsibilities - Provide expertise on all compensation programs, including base pay, equity, incentive compensation, performance rewards and recognition practices - Leads the development, implementation and administration of compensation programs. - Monitors the effectiveness of existing compensation practices and recommends changes that are cost-effective and consistent with compensation trends and company objectives. - Partner with leaders in HR, Finance, Legal, and Stock Administration to design competitive, effective, and equitable compensation programs - Lead and develop a team of Compensation Partners and Compensation Analysts - Manage compensation market pricing and benchmarking efforts, including identification of benchmarking solutions and participation in surveys - Perform research on emerging trends, issues, and best practices in compensation, using analytics to help enhance programs, process, or incumbent-level concerns - Manage and monitor approved annual budgets and processes approved by Tesla's senior leaders and/or Board - Manage project plan elements and provide expertise to compensation and cross-functional HR projects - Develop, implement and lead compensation communication and training programs for managers and HR - Lead the development and management of compensation analytics - - Support the development and roll-out of internal and client-facing compensation tools and systems - Primary point of contact and relationship manager to third-party vendorsRequirements - 10-12+ years' experience in Compensation team leadership - Bachelor's degree required and/or equivalent in experience. HR, business administration, finance, economics, or other quantitative focus preferred - Must be able to effectively talk and write about the company's pay strategy and system, and address any concerns that come from executives and employees - Must be able to collect, weigh, and analyze data on many factors to determine the best compensation plan for the company - Solid working knowledge of math and statistics - Computer proficiency and technical aptitude with the ability to use Microsoft products, including Excel. - Ability to work in a team environment with a high sense of urgency - Experience designing and rolling out compensation programs in U.S., Canada, and Mexico - Experience establishing and overseeing external third-party relationships - Ability to manage multiple projects and day-to-day operations concurrently - Excellent understanding of relevant and emerging U.S. compensation regulations - Public company experience preferred - Executive and Board Compensation experience preferred but not requiredTesla is an Equal Opportunity / Affirmative Action employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, age, national origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state or local laws.Tesla is also committed to working with and providing reasonable accommodations to individuals with disabilities. Please let your recruiter know if you need an accommodation at any point during the interview process.Privacy is a top priority for Tesla. We build it into our products and view it as an essential part of our business. To understand more about the data we collect and process as part of your application, please view our Tesla Talent Privacy Notice .

Keywords: Tesla, Inc., Austin , Director, Compensation, Human Resources , Austin, Texas