Compensation Manager
Compensation Manager
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Job Description
As Marqetas Compensation Manager you will serve as a strategic compensation business partner and design plan and implement compensation programs policies and processes for our teams. We envision this high impact role as a strong influencer with the business. You will work with leadership and cross-functional People Experience team members to create tailored solutions that meet our organizational needs while balancing market competitiveness and fiscal responsibility. This position sits on the Total Rewards team and will be one of three members on the Compensation team.
The Impact Youll Have
- Advisory Act as the primary partner for assigned business function client groups and serve as a strategic advisor on complex compensation matters
- Design Partner with People Business Partners (PBPs) business leaders and managers to design compelling scalable compensation solutions by seeking to understand the desired outcome sharing expertise and proposing solutions
- Program Management Collaborate with PBPs Talent Acquisition Finance and other internal stakeholders to ensure seamless execution of compensation programs. Facilitate annual merit bonus and equity programs for assigned client groups.
- Market Intelligence Partner across the compensation team to manage the job and compensation structure related to your client groups. Conduct quarterly and ad-hoc analyses ensuring external competitiveness internal equity and legal compliance. Monitor trends affecting compensation. Support pay transparency and other required reporting. Complete required survey participation. Stay abreast of industry best practices and changes in legislation related to compensation
- Analysis Conduct modeling and analysis on all aspects of compensation which may include building analytical models that predict or identify compensation related issues. Evaluate existing roles and provide consultation on new roles using a combination of internal and external data
- Audit & Compliance Lead the efforts to review global pay gap reporting and compliance with emerging regulations such as the EU Pay Transparency Directive and CSRD. This role involves analyzing compensation data preparing for pay transparency and implementing strategies that promote fairness. In addition this person will ensure our procedures are SOX compliant.
- Communication & Education Develop and deliver efficient and effective presentations to influence decision making. Develop training and educational tools to communicate compensation philosophy programs fundamentals and tools
- Governance Partner with Talent Acquisition and PBPs on new hire offers and internal mobility
- Administration Partner with HRIS Payroll and Equity teams to ensure proper transmission of payment and award data
Who You Are
- Significant experience in global compensation including developing recommending implementing and administering compensation programs
- Prior experience with high-growth tech companies scaling their business and workforce
- Flexible growth mindset comfort with ambiguity and change
- Demonstrated success balancing aiming for excellence versus a sense of urgency. Detail-oriented with a high level of accuracy and strong time management skills
- Exceptional results orientation with a high degree of personal initiative
- Collaborative team player with a customer centric approach and focus on doing what is best for the business
- Proven problem-solving skills as well as an ability to manage multiple tasks simultaneously to successful completion in a fast-paced environment
- Excellent verbal and written communication skills
- Strong ability to foster relationships
- Advanced Google Sheets expertise and ability to create organize and manipulate large sets of data in complex spreadsheets. Or the same in Excel and a willingness to learn and work predominantly in Google Sheets
- Familiarity with Workday including hands-on experience coaching managers through at least one compensation cycle in the system
Nice-To-Haves
- Bachelors or Masters degree in a field related to Finance Business management/administration or Human Resources
- Certified Compensation Professional (CCP)
Your Manager
- Divya Gallo Senior Compensation Manager
Typical Process
- Application Submission
- Recruiter video call
- Hiring manager video call
- Virtual Onsite consisting of 4 45 min video calls
- Offer!
Compensation and Benefits
Marqeta is a Flex First company which allows you to choose your best working environment whether that be from home or at a company office. To support Flex First we calibrate pay to a competitive value according to working location.
When determining salaries we consider several factors including but not limited to skills prior experience and work location. The new-hire base salary range for this position reflected in CAD is: 109200 - 136500.
We also believe in recognizing the contributions of our people. Thats why we award annual bonuses to eligible employees rewarding both individual performance and the success of the entire company.
Along with monetary compensation Marqeta offers
- Multiple health insurance options
- Flexible time off take what you need
- Retirement savings program with company contribution
- Equity in a publicly-traded company and an Employee Stock Purchase Program
- Monthly stipend to support our remote work model
- Annual development dollars to support our people growth and development
- Family-forming benefits and up to 20 weeks of Parental Leave
Required Experience:
Manager
Employment Type
Full Time
