The Compensation Program Manager will lead compensation projects and programs to ensure Tesla can attract and retain the talent needed to achieve our mission. Our team achieves results by being innovative, driven, collaborative, and trustworthy. This role will manage projects and programs from infancy to rollout coordinating and managing stakeholders along the way.
- Develop and implement comprehensive compensation strategies that support organizational goals and enhance employee engagement
- Lead and manage new compensation programs from design to execution
- Collaborate with HR partners, finance, and other stakeholders to ensure effective communication and seamless execution of compensation programs
- Regularly assess the effectiveness of existing compensation programs and recommend adjustments as needed
- Partner with HRIS (Human Resources Information Systems) teams to ensure accurate and efficient management of compensation data
- Stay abreast of industry best practices and changes in legislation related to compensation to ensure compliance
- Manage a team of on-site compensation resources who directly support employees
- Bachelor's degree, or equivalent
- 10+ years of experience in compensation
- Proven experience as a Compensation Program Manager or in a similar role, demonstrating a strong understanding of compensation principles and strategies
- Solid knowledge of relevant labor laws and regulations
- Strong analytical skills with the ability to interpret data and trends to make informed compensation decisions
- Excellent communication and interpersonal skills with the ability to collaborate effectively across various teams
- Proficiency in HRIS and compensation management systems
Benefits
Along with competitive pay, as a full-time Tesla employee, you are eligible for the following benefits at day 1 of hire:
- Medical plans > plan options with $0 payroll deduction
- Family-building, fertility, adoption and surrogacy benefits
- Dental (including orthodontic coverage) and vision plans, both have options with a $0 paycheck contribution
- Company Paid (Health Savings Accounts) HSA Contribution when enrolled in the High-Deductible medical plan with HSA
- Healthcare and Dependent Care Flexible Spending Accounts (FSA)
- 401(k) with employer match, Employee Stock Purchase Plans, and other financial benefits
- Company paid Basic Life, AD&D
- Short-term and long-term disability insurance (90 day waiting period)
- Employee Assistance Program
- Sick and Vacation time (Flex time for salary positions, Accrued hours for Hourly positions), and Paid Holidays
- Back-up childcare and parenting support resources
- Voluntary benefits to include: critical illness, hospital indemnity, accident insurance, theft & legal services, and pet insurance
- Weight Loss and Tobacco Cessation Programs
- Tesla Babies program
- Commuter benefits
- Employee discounts and perks program
Expected Compensation
$76,000 - $270,000/annual salary + cash and stock awards + benefits
Pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.