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Director of Total Rewards

Director of Total Rewards

companyRocket Lab
locationLong Beach, CA, USA
PublishedPublished: 5/7/2024
Leadership / Executive Board
Full Time

ABOUT ROCKET LAB

Rocket Lab is a global leader in launch and space systems. The rockets and satellites we build and launch enable some of the most ambitious and vital space missions globally, supporting scientific exploration, Earth observation and missions to combat climate change, national security, and exciting new technology demonstrations. Our Electron rocket has provided reliable access to orbit since 2018, becoming one of the most frequently launched rockets in the world. Neutron will be our next rocket on the launch pad, an advanced 13-tonne payload class, reusable rocket to launch the mega constellations of the future. Our space systems business includes our extensive line of satellites and components that have enabled more than 1,700 missions including the James Webb Space Telescope, NASA Psyche Mission, Artemis I, Mars Ingenuity helicopter, and more.  

Join our pioneering team and launch your career to new heights!

DIRECTOR OF TOTAL REWARDS

Based onsite at Rocket Lab's global headquarters in Long Beach, CA, the Director of Total Rewards is responsible for the strategic analysis, design, implementation, and administration of compensation and benefits across all new hires and internal employees. You will support the 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, total rewards, and equity to ensure pay practices are fair, equitable, and competitive to attract and retain the best talent in the world. The candidate will have the opportunity to build great relationships within the business to provide a world class compensation program.

WHAT YOU’LL GET TO DO:

  • Act as consultant to the Human Resources (HR) team and business leadership to support their decision making for hiring, promotions, specific organizational initiatives, and annual compensation and benefits programs.
  • 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.
  • Develop compensation and benefits programs including job levels, salary structures, and recognition programs.
  • Aggregate data to participate in compensation surveys.
  • Develop and implement communication and training for compensation programs for recruiters, human resources professionals and managers to promote understanding and transparency.
  • Mentor and train junior members of the team.

YOU’LL BRING THESE QUALIFICATIONS:

  • Bachelor's degree in business, mathematics, economics, or finance.
  • 12+ years of professional experience in compensation analysis and benefits administration.
  • Experience leading internal and external market analysis.
  • Advanced proficiency in excel, including experience building models and analyses.
  • Workday Advanced Compensation experience.

THESE QUALIFICATIONS WOULD BE NICE TO HAVE:

  • Master’s Degree
  • 10+ years of experience
  • Strong analytical 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 and incentive compensation programs, company policies, and operations.
  • Complex understanding of compensation.
  • Excellent communication skills, both verbal and written
  • Strong consultative skills and highly effective in communicating clearly and persuasively with excellent influencing skills.
  • 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.

ADDITIONAL REQUIREMENTS:

  • Ability to travel and communicate outside of work hours.
  • Must be able to work extended hours and/or weekends as needed.

The expected salary range for the position is displayed in accordance with the California Equal Pay for Equal Work Act. Final agreed upon compensation is based upon individual qualifications and experience. 

Base salary is only one part of Rocket Lab’s compensation package for this role. You may be eligible for company stock, stock options, or cash incentives, and can purchase discounted stock through Rocket Lab’s Employee Stock Purchase Program. Employee benefits may also include medical, dental, and vision insurance coverage; 401(k) retirement plan options; paid vacation, holidays, and sick leave; paid parental leave; and other discounts and perks.  

Base Pay Range (CA Only)$145,000—$200,000 USD

WHAT TO EXPECT 

We’re on a mission to unlock the potential of space to improve life on Earth, but that’s not an easy task. It takes hard work, determination, relentless innovation, teamwork, grit, and an unwavering commitment to achieving what others often deem impossible. Our people out-think, out-work and out-pace. We pride ourselves on having each other’s backs, checking our egos at the door, and rolling up our sleeves on all tasks big and small. We thrive under pressure, work to tight deadlines, and our focus is always on how we can deliver, rather than dwelling on the challenges that stand in the way.   

Important information:

FOR CANDIDATES SEEKING TO WORK IN US OFFICES ONLY:

To conform to U.S. Government space technology export regulations, including the International Traffic in Arms Regulations (ITAR), Rocket Lab Employees must be a U.S. citizen, lawful U.S. permanent resident (i.e., current Green Card holder), or lawfully admitted into the U.S. as a refugee or granted asylum, or be eligible to obtain the required authorizations from the U.S. Department of State and/or the U.S. Department of Commerce, as applicable. Learn more about ITAR here.

Rocket Lab provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment at Rocket Lab, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Applicants requiring a reasonable accommodation for the application/interview process for a job in the United States should contact Giulia Biow at g.biow@rocketlabusa.com.This dedicated resource is intended solely to assist job seekers with disabilities whose disability prevents them from being able to apply/interview. Only messages left for this purpose will be considered. A response to your request may take up to two business days.

FOR CANDIDATES SEEKING TO WORK IN NEW ZEALAND OFFICES ONLY:

For security reasons background checks will be undertaken prior to any employment offers being made to an applicant.  These checks will include nationality checks as it is a requirement of this position that you be eligible to access equipment and data regulated by the United States' International Traffic in Arms Regulations. 

Under these Regulations, you may be ineligible for this role if you do not hold citizenship of Australia, Japan, New Zealand, Switzerland, the European Union or a country that is part of NATO, or if you hold ineligible dual citizenship or nationality.  For more information on these Regulations, click here ITAR Regulations.