Job: Senior Compensation Analyst

Job Description

Job Type: Full time, Salaried

Wage: $91,000/yr. 

Location: Remote, CO.

Job Description

Pax8 is the leading value-added cloud-based SaaS distributor, simplifying the cloud journey for our partners by integrating technology, business intelligence and proactive service to deliver an unparalleled experience. Serving thousands of partners through the indirect sales channel, our mission is to be the world’s favorite place to buy cloud products. We are a fast-growing, dynamic and high-energy startup organization, allowing you to make a meaningful impact on the business. Culture is important to us, and at Pax8, it’s business, and it IS personal. We are passionate, creative and humorously offbeat. We work hard, keep it fun, and expect the best.

We Elev8 each other. We Advoc8 for our partners. We Innov8 continuously. We Celebr8 life.

No matter who you are, Pax8 is a place you can call home. We know there’s no such thing as a “perfect" candidate, so we don’t look for the right "fit" – instead, we look for the add. We encourage you to apply for a role at Pax8 even if you don’t meet 100% of the bullet points. We believe in cultivating an environment with a diversity of perspectives, in hopes that we can all thrive in an inclusive environment.

We are only as great as our people. And we have great people all over the world. No matter where you live and work, you’re a part of the Pax8 team. This means embracing hybrid- and remote-work whenever possible.

Position Summary:

We are seeking a highly skilled and experienced Senior Compensation Analyst to join our dynamic Total Rewards team. As a Senior Compensation Analyst, you will play a key role in designing, implementing, and managing our compensation programs to attract, motivate, and retain top talent. You will be responsible for conducting comprehensive analyses of compensation data, evaluating market trends, and making recommendations to ensure our compensation strategies are competitive and aligned with organizational objectives.

Essential Responsibilities:

• Job Evaluation and Salary Structure:
• Conduct job evaluations and market benchmarking to create and maintain accurate salary ranges, structures, and job architecture across various job families and levels.
• Analyze and interpret salary survey data, market trends, and competitive practices to ensure internal equity and external competitiveness of compensation programs.
• Recommend adjustments to salary ranges/structures, and architecture based on market data, industry standards, and organizational goals.
• Compensation Analysis and Planning:
• Conduct comprehensive analysis of compensation data for current employees as well as M&A integrations, including base pay, incentives, bonuses, and equity, to identify trends, gaps, and areas for improvement; summarizes potential costs and makes recommendations.
• Analyze compensation-related metrics, such as pay equity, pay for performance, and cost projections, and provide insights and recommendations to drive decision-making.
• Collaborate with Finance and other stakeholders to develop annual compensation budgets, forecasts, and long-term projections.
• Compensation Programs:
• Administer compensation programs, including annual focal salary increases, incentive plans, bonus structures, and equity programs.
• Collaborate with cross-functional teams to ensure our compensation programs are aligned with IPO requirements, including disclosure obligations, equity plan considerations, and regulatory compliance.
• Communication and Stakeholder Management:
• Collaborate with Employee Experience Business Partners, Talent Acquisition, and other stakeholders to educate and advise managers and employees on compensation-related matters, policies, and programs.
• Prepare and deliver clear and concise presentations, reports, and communications to senior leadership and executive teams.
• Support the development and delivery of compensation training programs and materials to enhance understanding and awareness among managers and employees.
• Compensation Strategy:
• Support the development and implementation of compensation strategies, policies, and programs that support the organization's overall business objectives and promote a high-performance culture.
• Collaborate with senior management to understand their compensation needs and provide guidance on best practices, market trends, and industry benchmarks.

Ideal Skills, Experience, and Competencies:

• Proven experience as a Compensation Analyst or similar role, with at least 5 years of experience in compensation analysis and program design.
• Global and M&A experience preferred.
• Strong understanding of compensation principles, practices, and regulations.
• In-depth knowledge of job evaluation methodologies, salary survey analysis, and market benchmarking.
• Proficiency in using compensation survey tools (e.g., MarketPay), HRIS systems, and advanced Excel skills for data analysis and modeling.
• Excellent analytical skills with the ability to interpret complex data and provide actionable insights and recommendations.
• Strong project management skills with the ability to handle multiple priorities and meet deadlines in a fast-paced environment.
• Exceptional attention to detail, accuracy, and confidentiality.
• Excellent communication and presentation skills, with the ability to effectively communicate complex compensation concepts to diverse audiences.
• Ability to take on new opportunities and tough challenges with a sense of curiosity, urgency, high energy, and enthusiasm
• Ability to secure and deploy resources effectively and efficiently
• Ability to operate effectively, even when things are not certain, or the way forward is not clear

Required Education Certifications:

• Bachelor’s degree in Human Resources, Business Administration, Finance, or related field; or equivalent work experience Master’s degree preferred.
• Professional certifications such as Certified Compensation Professional (CCP) or similar are a plus.

Compensation:

Qualified candidates can expect a salary beginning at $91,000 or more depending on experience

*Note: Compensation is benchmarked on local Denver Metro area market rates. Qualified candidates in other locations can expect a salary package that may be adjusted based off applicable cost of wages in their respective location.

At Pax8 we believe that your Total Rewards should include a benefits package that shows how much we value our greatest assets. All FTE Pax8 people enjoy the following benefits:

• Non-Commissioned Bonus Plans or Variable Commission
• 401(k) plan with employer match
• Medical, Dental Vision Insurance
• Employee Assistance Program
• Employer Paid Short Long Term Disability, Life and AD&D Insurance
• Flexible, Open Vacation
• Paid Sick Time Off
• Extended Leave for Life events
• RTD Eco Pass (For local Colorado Employees)
• Career Development Programs
• Stock Option Eligibility
• Employee-led Resource Groups

Pax8 is an EEOC Employer.

**Disclaimer: The duties and responsibilities described above are not a comprehensive list and additional tasks may be assigned to the employee, time to time; the scope of the job may change as necessitated by business demands. Click “View Application” below for more detail on this specific job.