Compensation Analyst
Lucid Motors
We are hiring a Compensation Analyst for our Sales and Service (GTM) organization. You’ll be responsible for all the traditional analysis of a compensation professional in addition to partnering with the broader HR team to educate and administer Lucid’s compensation programs. The successful candidate will be a self-starter who is comfortable with strategic decisions, and execution of critical deliverables, has strong attention to detail, and is driven by a desire to meet business needs through a consultative approach for a fast-growing organization. This position will report to our Head of Compensation while partnering directly with the Sales and Service leaders to deliver world-class results.
The role is based in Lucid’s office in Southfield, MI.
You Will:
- Conduct market research and benchmarking to ensure the company's reward programs (e.g., compensation, benefits, recognition) are competitive and aligned with industry trends and best practices.
- Analyze data and develop reports on reward usage, program costs, and effectiveness to support decision-making and program design.
- Assist in the development and implementation of reward programs to support the organization's strategic objectives and reward high performers.
- Provide guidance and support to HR partners, recruiters, internal departments, and hiring managers on rewards-related matters.
- Compile, analyze, review and audit reward data and processes to ensure accuracy and compliance with federal and state regulations and company policies.
- Partner with Finance and Accounting teams to prepare budgets, forecasts, and reports related to reward expenses, headcount, and turnover.
You Bring:
- Bachelor’s Degree in Business, Finance, Human Resources, or a related field
- 2+ years of broad-based compensation experience
- Ability to create and interpret financial models and perform data analysis using Excel.
- Advanced Excel skills with a proficiency in VLOOKUP, pivot tables, and data visualization techniques (charts, graphs, conditional formatting) for analyzing and presenting compensation data
- Ability to balance multiple priorities and work under pressure in a deadline-driven, rapidly changing organization
- Excellent communication and relationship skills in interacting with internal stakeholders and outside consultants to achieve results
- Ability to present information in a concise and meaningful manner to leadership.
- Strong project management skills and attention to detail
We Value:
- Master’s degree
- Proven experience in conducting job evaluations, market pricing, and pay structure analysis.
- Certified Compensation Professional (CCP) certification
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