Compensation Analyst

Posted 9 Days Ago
Be an Early Applicant
Southfield, MI
75K-100K Annually
Junior
Automotive
The Role
The Compensation Analyst at Lucid will conduct market research on compensation programs, analyze data, assist in developing reward programs, provide guidance to HR and internal departments, and ensure accuracy in reward processes. This role requires strong analytical skills and the ability to manage multiple priorities in a growing organization.
Summary Generated by Built In
Leading the future in luxury electric and mobility

At Lucid, we set out to introduce the most captivating, luxury electric vehicles that elevate the human experience and transcend the perceived limitations of space, performance, and intelligence. Vehicles that are intuitive, liberating, and designed for the future of mobility.

 

We plan to lead in this new era of luxury electric by returning to the fundamentals of great design – where every decision we make is in service of the individual and environment. Because when you are no longer bound by convention, you are free to define your own experience.

 

Come work alongside some of the most accomplished minds in the industry. Beyond providing competitive salaries, we’re providing a community for innovators who want to make an immediate and significant impact. If you are driven to create a better, more sustainable future, then this is the right place for you.


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.

This is a hybrid opportunity out of either Casa Grande, AZ or 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


Salary Range: The compensation range for this position is specific to the locations listed below and is the range Lucid reasonably and in good faith expects to pay for the position taking into account the wide variety of factors that are considered in making compensation decisions, including job-related knowledge; skillset; experience, education and training; certifications; and other relevant business and organizational factors.

 

Additional Compensation and Benefits: Lucid offers a wide range of competitive benefits, including medical, dental, vision, life insurance, disability insurance, vacation, and 401k. The successful candidate may also be eligible to participate in Lucid’s equity program and/or a discretionary annual incentive program, subject to the rules governing such programs.  (Cash or equity incentive awards, if any, will depend on various factors, including, without limitation, individual and company performance.)

Base Pay Range (Annual)

$75,000$100,000 USD

By Submitting your application, you understand and agree that your personal data will be processed in accordance with our Candidate Privacy Notice. If you are a California resident, please refer to our California Candidate Privacy Notice.

To all recruitment agencies: Lucid Motors does not accept agency resumes. Please do not forward resumes to our careers alias or other Lucid Motors employees. Lucid Motors is not responsible for any fees related to unsolicited resumes. 

 

Top Skills

Excel
The Company
HQ: Newark, CA
2,635 Employees
On-site Workplace
Year Founded: 2007

What We Do

Lucid is the new generation of EV. Our relentless focus on innovation, luxury, and sustainability drives us into a reality where you no longer have to choose between doing great things, doing the right thing, and doing everything with the highest regard for efficiency and design. There were luxury cars, then EVs, now there’s Lucid.

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