Full-Time

Compensation Manager

Confirmed live in the last 24 hours

Sunnova Energy

Sunnova Energy

1,001-5,000 employees

Provides solar energy and storage solutions

Energy

Senior

Remote in USA

Category
Human Resources
People & HR
Required Skills
Data Analysis
Requirements
  • Bachelor's degree in Human Resources, Business Administration, Finance, or related field.
  • 5+ years of experience in compensation management or related HR function.
  • Proficiency in compensation structures design and maintenance.
  • Demonstrated experience in job architecture and responsibility evaluation.
  • In-depth knowledge of FLSA regulations and their application to compensation practices.
  • Experience administering sales incentive plans and familiarity with performance-based compensation.
  • Strong analytical skills with the ability to interpret and present data effectively.
  • Excellent attention to detail and accuracy in all aspects of work.
  • Ability to work collaboratively in a team environment and communicate effectively with stakeholders.
Responsibilities
  • Maintain and build compensation structures to ensure competitiveness and alignment with organizational goals.
  • Conduct job responsibility evaluations and determine FLSA classifications to ensure compliance with regulations.
  • Administer sales incentive plans, including design, implementation, and ongoing management.
  • Participate in the annual compensation cycle, including salary planning, merit increases, and bonus allocation.
  • Generate reports on various compensation metrics and analyze data to provide insights and recommendations for improvement.
  • Participate in compensation surveys, collect relevant data, and report outcomes to inform compensation decisions.
  • Conduct compensation audits to ensure accuracy, fairness, and compliance with internal policies and external regulations.

Sunnova Energy provides clean energy solutions primarily through solar power and energy storage systems for homeowners and businesses. Their services are designed to enhance the accessibility and affordability of renewable energy. The company operates on an adaptive energy platform that allows them to offer competitive pricing and flexible financing options, generating revenue through long-term service agreements. Unlike many competitors, Sunnova focuses on promoting energy independence, helping clients reduce their reliance on traditional energy grids. The goal of Sunnova is to encourage the adoption of sustainable energy alternatives, making clean energy more accessible to a wider audience.

Company Stage

IPO

Total Funding

$880.3M

Headquarters

Houston, Texas

Founded

2012

Growth & Insights
Headcount

6 month growth

5%

1 year growth

13%

2 year growth

60%
Simplify Jobs

Simplify's Take

What believers are saying

  • Sunnova's expansion of its virtual power plant network across multiple states and Puerto Rico offers significant growth potential and increased grid stability.
  • The strategic partnership with The Home Depot enhances Sunnova's brand visibility and customer acquisition capabilities.
  • Recent executive appointments, including a new CFO and COO, bring fresh leadership and potential for operational improvements.

What critics are saying

  • The securities class action lawsuit could lead to financial and reputational damage, affecting investor confidence.
  • The integration and management of large-scale partnerships, such as with The Home Depot, may pose operational challenges.

What makes Sunnova Energy unique

  • Sunnova's virtual power plant product allows residential customers to send stored power back to the grid, a unique feature that sets it apart from traditional solar energy providers.
  • The exclusive partnership with The Home Depot positions Sunnova as a national leader in solar and battery storage services, providing unparalleled market reach.
  • Sunnova's focus on adaptive energy services, including innovative programs like the Sunnova Power Grid Protect and Emergency Load Reduction, differentiates it from competitors.

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