Compensation Manager (hybrid)

Compensation Manager (Hybrid - 1-2 days a week onsite in Irvine, HQ) 

Overview:

The Compensation Manager is a critical resource for Weedmaps’ total rewards programs. This role is responsible for planning, developing and implementing compensation programs, and related policies and processes. This role is also responsible for ensuring that the company’s compensation programs are compliant with internal policies and relevant regulatory requirements.

The Compensation Manager will also research and analyze market data to understand how our current compensation programs compare, and provide guidance for changes required to ensure we remain competitive for top talent. 

The impact you'll make:

• Develop, implement and administer compensation programs that align with the company’s compensation philosophy and business objectives.
• Keep track of prevailing pay rates and make sure we offer competitive compensation plans
• Ensure employee salaries comply with the current legislation and maintain pay equity
• Identify trends in Total Rewards and implement new practices to engage and motivate employees
• Draft job descriptions, job analyses and job classifications
• Track and report on compensation benchmarking data.
• Develop and evolve the company’s pay scale and structure as needed.
• Ensure that the company’s pay scale is compliant with federal, state and local laws and regulations
• Monitor the effectiveness of existing compensation practices and recommend changes that are cost-effective and consistent with the company’s compensation philosophy.
• Review new positions in anticipation of recruitment to ensure appropriate classification. 
• Use published or conduct ad-hoc surveys to obtain and analyze market pay data
• Develop and manage company-specific compensation range data
• Review role relevant compensation data and recommend appropriate pay levels for current employees and new hires
• Review compensation data to ensure internal peer equity
• Provide guidance on pay decisions, policy interpretations, and job evaluations when needed
• Help design creative solutions to specific compensation-related programs and incentive plans
• Develop processes and methodologies for compiling, preparing and presenting data.
• Manage the participation in salary surveys and monitor salary survey data to ensure corporate compensation objectives are achieved
• Review manager/employees requests for classification review and makes classification/pay level determinations
• Collaborate with HRBPs, recruiters, managers and employees to evaluate jobs and document findings
• Communicate compensation data with relevant stakeholders as needed
• Manage and execute projects such as compensation surveys and analysis
• Responsible for building, maintaining and auditing salary bands and job grades
• Manage salary and bonus programs across the organization
• Conduct regular audits to ensure equal and fair compensation throughout the organization
• Prepare and maintain compensation reports, analytics, and compensation data integrity within the HRIS
• Partner relevant stakeholders to create Total Rewards statements and communications to inform and educate business leaders across the organization about pay practices and programs

What you've accomplished:

• Minimum 5 years of progressively responsible experience in executing and managing employee compensation programs
• Knowledge of all federal, state and local regulations and compliance requirements related to employee compensation including base and incentive compensation
• Strong analytical skills and ability to interpret and communicate data
• Prior experience building compensation models and structures
• Prior experience gathering and analyzing market data for compensation and using tools like Radford.
• Computer proficiency and technical aptitude with advanced skills using Microsoft Excel
• Excellent time management skills and ability to plan and set priorities
• Excellent verbal and written communication skills
• Strong interpersonal skills in dealing with stakeholders across all levels
• Strong analytical skills
• Ability to gather and interpret raw data, document and analyze findings and develop appropriate recommendations
• Ability to collaborate effectively with other members of HR
• Experience working with virtual teams
• Strong customer service orientation
• Strong ability to build trust and maintain confidentiality of information
• Strong attention to detail

The base pay range for this position is $128,000 - $145,000 per year

2024 Benefits for Full Time, Regular Employees:

• Physical Health benefits: Medical, Dental & Vision:
• Employee - employer paid premium 100%
• Company contribution to a HSA when electing the High Deductible Health Plan
• For plans that offer coverage to your dependents, you pay a small contribution
• Mental Health benefits:
• Free access to CALM app for employees and dependents
• Employee Training
• Mental Health seminars and Q&A sessions
• Basic Life & AD&D - employer paid 1x salary up to $250,000
• 401(k) Retirement Plan (with employer match contribution)
• Generous PTO, Paid Sick Leave, and Company Holidays
• Supplemental, voluntary benefits
• Student Loan Repayment/529 Education Savings - including a company contribution
• FSA (Medical, Dependent, Transit and Parking)
• Voluntary Life and AD&D Insurance
• Critical Illness Insurance
• Accident Insurance
• Short- and Long-term Disability Insurance
• Pet Insurance
• Family planning/fertility
• Identity theft protection
• Legal access to a network of attorneys
• Paid parental leave

Why Work at Weedmaps?

• You get to work at the leading technology company in the cannabis industry
• You get to play a meaningful role in helping to advance cannabis causes, including helping improve the lives of patients who rely on the benefits of cannabis
• You get an opportunity to shape the future of the cannabis industry
• You get to work on challenging issues in a collaborative environment that encourages you to do your best 
• You get to work in a casual and fun environment; no fancy clothes required, but you are free to dress to the nines!
• Generous PTO and company holidays
• Numerous opportunities and tools to learn and grow your professional skills
• Endless opportunities to network and connect with other Weedmappers through speaker series, Employee Resource Groups, happy hours, team celebrations, game nights, and much more!

Weedmaps is an equal opportunity employer and makes employment decisions on the basis of merit. The Company prohibits unlawful discrimination against employees or applicants based on race (including traits historically associated with race, such as hair texture and protective hairstyles), religion and religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, military status, veteran status, uniformed service member status, sexual orientation, transgender identity, citizenship status, pregnancy, or any other consideration made unlawful by federal, state, or local laws. The Company also prohibits unlawful discrimination based on the perception that anyone has any of those characteristics, or is associated with a person who has or is perceived as having any of those characteristics. Our company uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit www.dhs.gov/E-Verify.

Applicants  are entitled to reasonable accommodations under the terms of the Americans with Disabilities Act and applicable state/local laws, unless the accommodation presents undue hardship. Please email us at peopleoperations at weedmaps.com if you would like to confidentially discuss a potential accommodation during the interview process.

About Weedmaps:

WM Technology, Inc.’s (Nasdaq: MAPS) mission is to power a transparent and inclusive global cannabis economy. Now in its second decade, WM Technology has been a driving force behind much of the legislative change we’ve seen in the past 10 years.

Founded in 2008, WM Technology, is a leading technology and software infrastructure provider to the cannabis industry, comprising a B2C platform, Weedmaps, and B2B software, WM Business. The cloud-based SaaS solutions from WM Business provide an end-to-end operating system for cannabis retailers. WM Business’ tools support compliance with the complex, disparate, and constantly evolving regulations applicable to the cannabis industry. Through its website and mobile apps, WM Technology provides consumers with the latest information about cannabis retailers, brands, and products, facilitating product discovery and driving engagement with our retail and brand customers.

WM Technology holds a strong belief in the power of cannabis and the importance of enabling safe, legal access to consumers worldwide. Since inception, WM Technology has worked tirelessly, not only to become the most comprehensive platform for consumers, but to build the software solutions that power businesses compliantly in the space, to advocate for legalization, social equity, and licensing in many jurisdictions, and to facilitate further learning through partnering with subject matter experts on providing detailed, accurate information about the plant.

Headquartered in Irvine, California, WM Technology supports remote work for all eligible employees. Visit us at www.weedmaps.com.

Notice to prospective Weedmaps job applicants:

Our team has been made aware of incidents involving LinkedIn, Telegram, and Facebook accounts impersonating Weedmaps recruiters. These individuals are attempting to use our company name to solicit payment from prospective candidates interested in applying for jobs at our company. Our team is actively working to combat these attempts, but in the meantime, please be mindful of the following:

• Our recruiters will always communicate with candidates through an @weedmaps.com email address.

• CORRECT: jlebowski@weedmaps.com

• INCORRECT: jlebowski@gmail.com

• Our recruiters will NEVER ask for or attempt to solicit payment from applicants in order to apply, interview, or work for Weedmaps.

• If you are interested in a role at Weedmaps, please apply through our established channels.

• Weedmaps Careers Page or LinkedIn

If you are unsure if a communication is legitimate, please contact our recruitment team at talentops@weedmaps.com and they will happily confirm for you. Thank you for your vigilance and we appreciate your interest in working with us!