The Principal Compensation Analyst serves as a strategic compensation subject-matter expert, responsible for designing, analyzing, and managing compensation programs that support Natera’s growth, talent strategy, and business objectives. This role partners closely with senior leadership, HR Business Partners, Talent Acquisition, Finance, Legal, and Stock Administration to develop and maintain competitive compensation programs across the organization.
The Principal Compensation Analyst will lead complex compensation projects, support compensation governance, provide expert consultation on compensation decisions, and influence compensation strategy within a rapidly growing biotechnology environment.
Compensation Strategy and Program Design
- Serve as a trusted advisor to HR and business leaders on compensation strategy, market competitiveness, organizational design, job architecture, and pay practices.
- Support the design, implementation, and continuous improvement of compensation programs, including base salary structures, short-term incentives, long-term incentives, and equity programs.
- Support the development of compensation frameworks, career levels, and salary structures that align with business objectives and talent strategies.
- Conduct advanced compensation modeling and scenario analyses to support strategic workforce planning and budgeting.
- Evaluate emerging market trends and recommend innovative compensation solutions to maintain competitiveness in the biotechnology industry.
Market Analysis and Benchmarking
- Lead participation in industry compensation surveys and oversee benchmark matching across multiple survey providers.
- Perform complex market pricing analyses and develop recommendations for salary ranges, compensation structures, and pay adjustments.
- Analyze compensation trends within biotechnology, life sciences, diagnostics, and healthcare sectors to ensure market alignment.
- Conduct pay equity analyses and support compliance with federal, state, and local compensation regulations.
Compensation Planning and Administration
- Support and administer annual compensation planning processes, including merit increases, promotions, bonus programs, and equity awards.
- Partner with Finance and HR leadership to support compensation budgeting, forecasting, and accrual reporting.
- Provide guidance and recommendations on compensation for critical hires, promotions, retention actions, and organizational changes.
- Own the integrity of monthly equity exhibit processing, operate the SOX controls assigned to Compensation (including equity grant controls), and collaborate with Stock Administration on grant processing and equity-related initiatives.
- Respond to high-volume, time-sensitive market pricing requests from HR Business Partners and Talent Acquisition, including off-cycle and ad hoc analyses.