Total Rewards Analyst

🕒 May 5

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Transfr

WebsiteLinkedInAll Job Openings

201 - 500 employees

Founded 2017

🥽 AR/VR

📚 Education

🤝 B2B

💰 $40M Series C - Transfr on 2023-09

AR/VR • Education • B2B

Transfr is a company that builds immersive VR-based career exploration and workforce training solutions to help students, job seekers, and workers discover and prepare for well-paying careers. Their products include Transfr Trek (career exploration web app with 50+ VR simulations and 150+ careers) and Transfr Train (330+ VR training simulations mapped to U. S. safety and industry standards) used by K-12, higher education, workforce development boards, nonprofits, and employers. Transfr focuses on pathways from classroom to career, workforce partnerships, and measurable learning outcomes through XR simulations and an accompanying web platform.

📋 Description

• Develop and execute Transfr’s total rewards strategy, ensuring alignment with business objectives, talent retention, and market competitiveness • Partner with Finance and Sales leadership to Design, administer, and continuously improve all aspects of sales incentive compensation plans (commission structures, SPIFs, accelerators, quotas) • Partner with Sales leadership to model plan design scenarios and evaluate cost and effectiveness • Manage the sales compensation plan document and communication cycle; ensure reps have clarity on how they earn • Audit and resolve commission calculation issues; address plan disputes • Track and report on incentive plan performance, attainment, and payout trends • Manage the company’s annual merit and compensation review cycles from modeling through execution • Develop and maintain salary ranges and job architecture across all levels and functions • Lead annual open enrollment planning and execution, including communications, system configuration, and employee education • Manage relationships with PEO provider and other vendors • Oversee 401(k) plan administration, including enrollment, contribution changes, loan and withdrawal processing, compliance testing coordination, and employee education • Conduct benefits benchmarking to assess market competitiveness and identify gaps or opportunities • Ensure compliance with applicable regulations (ACA, ERISA, COBRA, HIPAA, etc.) and manage required filings and notices • Partner with Finance on benefits cost modeling, budgeting, and reporting • Develop and deliver communication strategies to effectively communicate compensation, benefits, and total rewards programs, policies, and guidelines to employees • Stay current on compensation and benefits trends, legislative updates, and market conditions; bring proactive recommendations to the team • Ensure various reporting is completed as requested (EEO-1, HR data for other reports)

🎯 Requirements

• 5-7 years of compensation experience, with significant exposure to sales incentive and corporate compensation programs • Thorough knowledge of compensation structures and design • Strong math and analytical / modeling skills; comfort building financial models and working with large datasets in Excel or Google Sheets • Excellent interpersonal skills that allow for collaborative problem solving and ability to work with all levels of the organization • Experience with market pricing tools and compensation surveys • Experience analyzing, synthesizing, and drawing conclusions from data quickly and accurately • Familiarity with sales compensation and HRIS platforms (experience with Captivate, or similar a plus) • Excellent judgment, discretion, and ability to handle sensitive data with integrity • Strong communicator who can translate complex comp concepts for non-HR and Finance audiences.

🏖️ Benefits

• stock options • 401(k) • paid vacation and sick time • health benefits