What are the responsibilities and job description for the Senior Compensation Partner position at Snyk?
Our Opportunity:
The Senior Compensation Partner plays a critical role in developing and implementing competitive and equitable compensation programs that attract, retain, and motivate top talent globally. This individual will be a strategic partner to the people team and business leaders across the organization, providing expert guidance on all aspects of compensation. If you are a driven, resourceful, and adaptable leader who enjoys tackling complex challenges, embraces continuous learning, and thrives in a fast-paced, growth-oriented environment, this is the opportunity for you.
You’ll Spend Your Time:
Developing and implementing global compensation strategies:
- Conduct market research and analysis to ensure competitive and equitable pay practices globally.
- Design and implement job evaluation and grading systems.
- Develop and maintain salary structures and ranges.
- Analyze compensation data and prepare reports for management.
Supporting M&A / IPO readiness activities:
- Support diligence, integration planning, and post-merger compensation integration.
- Work closely with legal and finance teams to support program, policy, and procedure changes related to IPO planning.
- Support SEC filings and proxy statement disclosures related to executive compensation in a public company environment.
Managing global compensation programs:
- Oversee the operations of the annual compensation review process globally, including budget allocation, increase recommendations, bonus allocation, systems configuration, training, and performance management integration.
- Partner with Talent Attraction to manage the offer development process.
- Managing new hire and refresh equity process in partnership with key stakeholders across legal and people operations
- Develop change management plans to support strategic initiatives.
- Lead testing and ensure compensation data accuracy in HRIS and related systems.
- Identify and enhance operational efficiencies. Create and maintain associated SOPs.
Providing guidance and support to the people, finance, legal, and business leaders:
- Advise on compensation-related issues, such as job leveling, market pricing, and incentive plan design.
- Partner with Business Partners to support organizational goals and address compensation-related challenges through bespoke analysis and guidance.
Conduct training and presentations on compensation policies, procedures, and philosophy.Staying current on compensation trends and best practices:
- Monitor industry trends and best practices in compensation and benefits.
- Maintain knowledge of relevant local and federal laws and regulations such as FLSA, ERISA, and SOX.
What You’ll Need:
- 5 years of progressive experience in compensation, including experience with global compensation programs.
- Demonstrated expertise in the core areas of compensation such as job matching, job leveling, market pricing, job architecture, structure/range development, equity, etc.
- Experience with HRIS systems (e.g., Workday) and compensation data analysis tools.
- Highly proficient in Microsoft Office Suite (Excel, PowerPoint, Word) and/or Google Workspace (Sheets, Slides) with the ability to effectively develop models and tell data driven stories that are easy to follow.
- Resourceful and curious problem solver with strong analytical and critical thinking skills.
- Excellent project management and organizational skills with the ability to manage multiple projects simultaneously.
- Strong communication and interpersonal skills with the ability to effectively communicate with all levels of the organization.
- Bachelor's degree in Human Resources, Business, Finance, or a related field.
- Experience with executive compensation is a plus.
We’ll be Lucky if You:
- Strong understanding of executive compensation best practices, industry trends, regulatory requirements (e.g., SEC rules, tax regulations) as well as equity program design, modeling, and administration
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