Compensation Analyst

About the Role

We are seeking a Compensation Analyst to join our People Team at 10x Genomics. This person will be supporting and administering compensation programs and initiatives, including best-in-class compensation packages, long term incentive plans. As a member of the People Team at 10x Genomics, the focus of responsibility will be on creating best-in-class compensation packages to attract and retain top talent. This role will work closely with HR and business leaders to ensure competitive and equitable compensation strategies that align with the company's goals.

The ideal candidate has a strong analytical background, is experienced in developing and writing business process documents, and is equally strong at driving execution around multiple compensation plans. Individuals applying for this position must be self-starters, strategic thinkers, action-driven, thrive in a fast-paced environment, excel at managing multiple priorities, and succeed in communicating and influencing within the organization.

What you will be doing:

• Participate in compensation surveys, performs market research, analyze data, and formulates recommendations regarding the design of our compensation equity programs
• Assists with the analysis, design, and administration of base pay, bonus, and equity processes, including merit increases, equity refreshers, and performance reviews.
• Conducts job analysis and evaluations on new and revised positions to determine appropriate title, salary grade, pay and incentive level, job code, and FLSA classification, etc. Ensures compliance with all federal and state laws.
• Supports the annual plan and forecast processes by calculating bonus pools and summarizing the financial impact of all comp plan changes across the global organization.
• Collaborates and provides consultative support with HR team members and management on compensation-related issues as well as initiatives including job classification process and assignments.
• Develops and prepares reoccurring compensation reporting/analytics and provides support for ad-hoc reporting requests. Conducts regular audits of compensation data to ensure accuracy and compliance.
• Assists with development and implementation of annual compensation review programs.
• Participates in the market benchmarking process by being the main point of contact with vendor contacts and maintaining market pricing system.
• Assists with reviewing and approving proposed salary and incentive compensation changes.

Minimum Requirements:

• Bachelor’s degree or experience in Human Resources, Finance, Accounting, or Business.
• 3+ years of compensation experience, including experience administering base base pay, variable pay, and long term incentive compensation programs, policies, and practices
• Knowledge of commonly-used concepts, practices, and procedures in HR and Finance.
• Demonstrated analytical and project management skills
• Excellent written and verbal communication skills. Skilled in developing and delivering presentations to varying audiences including employees and various levels of management.

Preferred Qualifications:

• Proficient with MS Office and Google Suites and strong knowledge of Excel and Google Sheets.
• Intermediate knowledge of HR systems (Workday experience is preferred)

Below is the base pay range for this full time position. The actual base pay will depend on several factors unique to each candidate, including one’s skills, qualifications, and experience. At 10x, base pay is also just one component of the Company’s total compensation package. This role is also eligible for 10x’s equity grants, its comprehensive health and retirement benefit programs, and its annual bonus program or sales incentive program. Your 10x recruiter can share more about the Company’s total compensation package during the hiring process.

Pay Range$144,500—$195,500 USD

About 10x Genomics

At 10x Genomics, accelerating our understanding of biology is more than a mission for us. It is a commitment. This is the century of biology, and the breakthroughs we make now have the potential to change the world.

We enable scientists to advance their research, allowing them to address scientific questions they did not even know they could ask. Our tools have enabled fundamental discoveries across biology including cancer, immunology, and neuroscience.

Our teams are empowered and encouraged to follow their passions, pursue new ideas, and perform at their best in an inclusive and dynamic environment. We know that behind every scientific breakthrough, there is a deep infrastructure of talented people driving the life sciences industry and making it possible for scientists and clinicians to make new strides. We are dedicated to finding the very best person for every aspect of our work because the innovations and discoveries that we enable together will lead to better technologies, better treatments, and a better future. Find out how you can make a 10x difference.

Individuals seeking employment at 10x Genomics are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation, or any other characteristic protected by applicable law.

10x does not accept unsolicited applicants submitted by third-party recruiters or agencies. Any resume or application submitted to 10x without a vendor agreement in place will be considered unsolicited and property of 10x, and 10x will not pay a placement fee.