Manager, Compensation

Location: King of Prussia, PA

View cannabis job requirements in Pennsylvania
Job Posted
Feb 15, 2024
Company: TerrAscend

Company & Role Overview



It's a Joint Effort

Manager, Compensation

Where you'll be planted:

To be blunt, this person will:

  • Directs, designs, and plans compensation policies, objectives, and initiatives and recommends changes that are cost-effective and consistent with compensation trends (fair, equitable and attractive) and corporate objectives.
  • Oversees collection of wage, salary, and incentive survey data to ensure company compensation programs and objectives are competitive inside and outside of the Cannabis industry.
  • Plans and administers long and short-term equity programs and executive reward programs that drive company performance and comply with applicable laws and regulations.
  • Leads the annual salary review process in conjunction with departmental heads.
  • Provides direction for total compensation of (newly created) salaried roles.
  • Further enhances and streamlines the company's salary bands, job titles and job levels. Works closely with the HRIS team to ensure these salary bands, job titles and job levels are captured in the HRIS system and are accurate and up to date.
  • Oversees role or job (level)changes for salaried roles to ensure alignment with the company's compensation structure.
  • Manages the day-to-day administration of the Employee Equity Program and provides required data and information from the system to leaders in HR, Finance and Legal.
  • Supports and trains participants in the Employee Equity Program on the technical aspects of stock options and Restricted Stock Units.
  • Monitors employee agreements and offer letters to ensure they agree with the actual equity offering.
  • Supports the Chief People and Culture Officer with information required for the Compensation Committee of the Board of Directors and the annual proxy statement.

What We're High On... We value diverse skillsets, talents, and experiences. To be successful in this role, we know you'll need:

  • Bachelor's degree in business, human resources, or related field highly preferred.
  • 5+ years in Compensation-related positions
  • 3+ years of progressive experience in running and or designing Compensation programs and managing employee equity programs.
  • Experience supporting international publicly traded organizations with differing state/country regulations around Compensation and Benefits highly preferred.
  • SHRM Certified Professional (SHRM-CP) or Senior Certified Professional (SHRM-SCP) and certified compensation professional credentials preferred.
  • Start-up and/or early-stage company work experience highly preferred, preferably in the Cannabis and or Retail industry.
  • Ability to work cross-functionally and drive trust and rapport with departmental and executive leadership.
  • Proficient in Microsoft Office Suite (Outlook, Word, PowerPoint, Excel, Teams)
  • Excellent communication skills across all levels of the business and all forms of communication

Benefits (Full-Time Employees eligible):

  • Employee Discount (all employees eligible)
  • Paid Time Off
  • Health, vision, and dental insurance (with telehealth option)
  • 401k with 4% company matching (100% vested immediately)
  • Employee Assistance Program
  • Paid Parental Leave
  • Life Insurance
  • Short & Long Term Disability

*** Background Check Requirement ***

EEO Statement


This organization participates in E-Verify.

Esta Organización Participa en E-Verify.

Statement on External Recruiting Agencies

Working Environment

(No Information)