Manager, Compensation

3 weeks, 2 days ago
Full-time
Senior
HR and Recruiting
Veracyte

Veracyte

Veracyte develops innovative molecular diagnostic tests that provide clinicians with critical insights to enhance cancer diagnosis and treatment, ultimately aiming to improve patient outcomes and reduce healthcare costs.

Pharmaceuticals
251-1K
Founded 2008

Description

  • Conduct independent market analysis, including salary surveys and benchmarking, to ensure competitive and equitable pay rates.
  • Design, implement, and maintain the company’s pay structure, salary grades, job evaluations, and compensation policies.
  • Administer incentive programs, including bonus, commission, and stock option plans.
  • Build compensation metrics, reports, tools, and forecasts to support program decisions and analyze outcomes.
  • Support annual compensation review cycles, including planning, system configuration, testing, and execution.
  • Lead annual and off-cycle compensation processes such as merit increases, promotions, market adjustments, and new hire offers.
  • Advise senior management on compensation strategy, budgets, workforce planning, and pay equity.
  • Conduct pay equity analyses and support remediation efforts as needed.
  • Partner with People & Culture, Finance, Legal, and business leaders on compensation solutions.
  • Oversee communication and distribution of compensation and benefits information to employees and leaders.
  • Provide backup support for the Benefits Manager and assist with benefits-related initiatives.
  • Maintain governance, documentation, and controls to ensure consistency, fairness, and scalability.
  • Continuously evaluate and improve compensation practices to support growth and evolving regulations.

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, including 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 and ADP payroll software.
  • Advanced Excel and PowerPoint skills.
  • 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, including extended hours during peak compensation cycles.
  • Experience supporting compensation programs in a biotech, life sciences, or regulated environment preferred.
  • Experience in Benefits or Total Rewards preferred.
  • Experience with global or multi-region compensation programs preferred.
  • Familiarity with incentive compensation and equity-based plans preferred.
  • Certified Compensation Professional (CCP) or similar certification preferred.
  • Experience scaling compensation programs in a growing organization preferred.
  • Must be based on the West Coast in the Pacific Time Zone (PST).

Benefits

  • Base salary range of $131,000 to $145,000 USD.
  • Eligibility for additional discretionary bonuses and incentives.
  • Eligibility for restricted stock units.
  • Competitive compensation and benefits package.
  • Remote role (#LI-Remote).
  • Opportunity to gain exposure across Total Rewards through backup support for Benefits.
  • Inclusive, purpose-driven workplace focused on employee growth and development.

Interested in this position?

Apply directly on the company website

Apply Now

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