Diamond Foundry Inc. is the global leader in single-crystal diamond technology.We produce single-crystal diamond (SCD) wafers by crystallizing greenhouse gas into diamond using proprietary plasma reactors powered by zero-emission energy. Founded in 2012 in San Francisco, California by Stanford/M.I.T./Princeton engineers, Diamond Foundry Inc. received $315MM in funding and has had a multi-year track record of profitable fast growth.
Diamond Foundry is looking for a highly analytical and data driven Compensation and Benefits Analyst to be a part of the People Operations team. This role is an operational and strategic member and will be responsible for becoming a subject matter expert in the areas of compensation and benefits administration including assisting with the ongoing, analysis, and development of comprehensive compensation structures and benefits programs.The position also works on improving processes, including automation, and will also perform benchmarking analysis, assist with benefits-related administration and more. The ideal team member is meticulous with details, enjoys building programs, and is excited to join our fast-paced growth-stage company. This role will be assisting with developing a global salary range structure, assisting with bonus and merit administration, making compensation recommendations, and finding more effective ways to simplify and streamline processes.
Range - 65k - 100k Open to all states we are hiring in. Actual compensation may be higher or lower in the range based on various factors, including, but not limited to a candidate’s job duties, experience, and expertise. We will also consider higher level candidates and wage will be adjusted accordingly. What you’ll do- Implement best practices, business process improvements, and the design compensation structures.
- Ensure compensation programs are administered in compliance with organization policies and government regulations as well as local law.
- Provide pragmatic recommendations and solutions on compensation plans, guidelines and policies, job reference levels, total rewards, and compensation philosophy.
- Assists in the development of internal policies/standards for compensation-related programs.
- Produce monthly/quarterly/annual metric reports and analyze compensation data, benchmarking against current markets
- May administer and/or manage compensation programs such stock award grants, stock option exercises, and work with third-party administrators to maintain and ensure the accuracy and integrity of equity data in the recordkeeping system
- Assist in additional projects as necessary.
- Act as the liaison for external brokerage on upcoming programs, program design, and employee requests.
- Support the retirement plans which may include - coordinating the audit process, filing form 5500, etc.
Knowledge and Skills- Knowledge of federal, state, and local regulations and compliance requirements relative to employee compensation and benefits with a focus on California and Washington.
- Demonstrated ability to work with a wide range of sensitive and confidential issues
- Ability to address compensation issues through independent analysis, evaluation, and deductive reasoning skills
- Strong attention to detail with a high level of organizational skills and the ability to manage and complete work in an efficient and thorough manner
- 3+ years of experience administering compensation and equity-based programs, policies, and processes. Experience with Spain and other parts of the EU is highly preferred.
- Strong written and verbal communication skills
About your teamThe People Operations team is driven by a strong teamwork environment. The members span across several states and are highly collaborative and partner exceptionally well with our various team members, despite being spread across several time zones.
We value diversity in all forms and know the strength it brings. We also believe in supporting one another. No task is too big or too small when you have a team working with you
Wenatchee, located in eastern Washington alongside the Cascadian Mountains, is a beautiful recreational town with much to offer. This quaint town experiences four seasons and is accompanied by ski resorts for winter activities, copious amounts of bodies of water for summer fun, and easy access to breathtaking hikes. Wenatchee is a short driving distance from Leavenworth, known as "Little Bavaria," and the wine country of Chelan. We know that you'll love the year-long beauty of Wenatchee
We welcome applications from candidates who are fully vaccinated against COVID-19. Proof of vaccination will be r