Compensation Manager
Veracyte, Inc.
full-time
Posted on:
Location Type: Remote
Location: California • United States
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Salary
💰 $131,500 - $145,000 per year
About the role
- Conducting market analysis independently, including salary surveys and benchmarking, to ensure competitive and equitable pay rates
- Designing, implementing, and maintaining Veracyte’s pay structure, salary grades, job evaluations, and compensation policies
- Ensuring all pay and benefit plans comply with federal, state, and local regulations, including Fair Labor Standards Act and applicable pay transparency requirements
- Designing, administering, and overseeing incentive programs, including bonus, commission, and stock option plans
- Design and build compensation metrics, reports, and tools to inform compensation program decisions and forecast/analyze compensation outcomes
- Participate in various complex compensation projects to ensure the company's ability to effectively attract, retain and reward employees
- Prepares survey submissions and gathers data from market-based compensation surveys; uses spreadsheet and data analysis techniques to assess results and market trends
- Support annual compensation review cycles, including planning, system configuration, testing, and execution
- Support and drive annual employee compensation planning activities that are integrated with performance management processes, including the salary increase review cycle, promotions, and equity/market adjustments
- Manage and produce comprehensive year-end compensation reports, including annual spend analysis, equity utilization reports, and compensation program effectiveness metrics
- Support annual compliance reviews and reporting, including OFCCP and EEO-1 reporting.
- Leading annual and off-cycle compensation processes such as merit increases, promotions, market adjustments, and new hire offers
- Serving as a strategic advisor to senior management on compensation strategy, budgets, workforce planning, and pay equity
- Conducting pay equity analyses and supporting remediation efforts as needed
- Partnering directly with People & Culture, Finance, Legal, and business leaders to translate business needs into effective compensation solutions
- Overseeing the distribution and communication of compensation and benefits information to employees and leaders in a clear, transparent, and thoughtful manner
- Providing backup support for the Benefits Manager, including coverage during peak periods or absences, and assisting with benefits related initiatives as needed
- Collaborating across Total Rewards to ensure alignment between compensation and benefits programs and a consistent employee experience
- Maintaining governance, documentation, and controls to ensure consistency, fairness, and scalability of compensation programs
- Continuously evaluating and improving compensation practices to support company growth, evolving regulations, and employee needs.
Requirements
- Bachelor’s degree in human resources, finance, business administration, or a related field, or equivalent practical experience
- 7+ years of progressive experience in compensation, with at least 2 years at Manager level
- Strong analytical skills with the ability to interpret data, trends, and financial reports
- Deep understanding of compensation methodologies, job evaluation frameworks, and employment regulations
- Experience conducting market pricing and benchmarking independently
- Technical proficiency with HRIS systems, including Workday Advanced Compensation Module, ADP payroll software, and advanced Excel and PowerPoint
- Ability to work independently, exercise sound judgment, and manage multiple priorities
- Strong communication skills with the ability to explain complex pay structures to employees and leadership
- Ability to flex work hours as needed, with certain times of the year or project cycles requiring extended hours to support critical compensation activities.
Benefits
- Professional development opportunities
- Health insurance
- 401(k) matching
- Flexible work arrangements
- Open to remote work
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
market analysissalary surveysbenchmarkingcompensation policiespay equity analysisdata analysiscompensation metricsjob evaluation frameworkscompensation methodologiesfinancial reporting
Soft Skills
analytical skillscommunication skillsindependent workjudgmentprioritizationcollaborationstrategic advisingtransparencyemployee experienceproblem-solving