Full-Time
Compensation Partner
Posted on 12/13/2025
Nextracker
1,001-5,000 employees
Solar tracking systems with analytics services
No salary listed
Hyderabad, Telangana, India
In Person
 People & HR (1) |
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- 7-10 years of progressive experience in compensation, including global programs.
- Expertise in job architecture, market pricing, salary structures, and equity programs.
- Experience with HRIS systems (e.g., Workday) and compensation analytics tools.
- Strong proficiency in Excel, Google Sheets, and data visualization.
- Analytical problem-solving skills with the ability to translate data into actionable insights.
- Exceptional project management and organizational skills.
- Strong communication skills.
- Bachelor’s degree in human resources, Business, Finance, or a related field.
- Collaborate and implement compensation programs, policies, and procedures across APAC and Middle East, ensuring all programs comply with statutory regulations.
- Designing and maintaining job evaluation, grading systems, and salary structures.
- Manage annual compensation cycle planning and execution, including budget allocation, merit increases, bonus planning, communication, roll-out and change management
- Serve as the primary point of contact for all stock-related inquiries locally
- Participate in global compensation surveys and analyze resulting data to determine the competitive position for individual jobs. Research and develop salary ranges for different job families and countries where Nextracker operates.
- Review existing benefits policy and design to ensure they are market relevant and develop new policies as needed. Monitor utilization of benefits and prevent cost escalation.
- Partners with talent acquisition, HRBPs, business leaders, and managers to train them on Nextracker rewards philosophy and programs, helping them make informed compensation decisions.
- Partner with cross-functional teams on payroll deliverables, including counter-approval as required.
- Keep abreast of emerging trends and best practices and look for opportunities to incorporate them into the Nextracker Compensation programs. Analyzing compensation data and preparing reports for leadership.
- Ensuring data integrity in HR systems and optimizing operational efficiencies.
- Advising on job leveling, market pricing, and incentive plan design.
- Monitoring industry trends to enhance compensation strategies.
- Job location is in India, Hyderabad
- Knowledge of Equity Administration
- Experience working within a high growth, technology company
- Exposure to Executive Compensation
Nextracker provides solar tracker hardware and software to optimize photovoltaic (PV) plants. It sells intelligent tracking systems for utility-scale and distributed generation projects and supports them with data analytics and software services for real-time monitoring and predictive maintenance. The tracking systems adjust solar panels to follow the sun, using sensors and controllers to maximize energy yield and efficiency, while the software analyzes performance data and flags maintenance needs. The company differentiates itself by delivering an integrated hardware-and-software solution with ongoing data analytics and maintenance services, plus a focus on safety and reliability in extreme weather, catering to utility companies, project developers, and asset managers. Its goal is to help solar assets run more efficiently, safely, and with higher returns on investment by improving energy yield and asset uptime through end-to-end tracking, monitoring, and service.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Fremont, California
Founded
2013
Simplify's Take
What believers are saying
- Q3 FY26 revenue hit $909M, up 34% YoY, beating estimates by 11.63%.
- Authorized $500M share buyback after securing investment-grade Fitch rating.
- Targets $8.5B AUD revenue by 2030 with diversified PCS and software lines.
What critics are saying
- Array Technologies undercuts tracker prices 15-20% in US bids, eroding share.
- Rebrand dilutes Nextracker equity, dropping repeat orders 5-10% in 3-6 months.
- Saudi 1.17GW ACWA deal delays from instability write off $200M backlog.
What makes Nextracker unique
- Nextpower rebranded November 12, 2025, from solar trackers to full-platform provider.
- NX Earth Truss enables solar on rocky Australian soils with ARENA's AUD 5M funding.
- Acquired Origami Solar and Bentek to integrate frames and eBOS with trackers.
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Benefits
Wellness Program
Remote Work Options
Company News
Nextpower Inc. (NASDAQ:NXT) is showcasing an integrated agrivoltaics solution for the Italian market at KEY, The Energy Transition Expo in Rimini, held from 4 to 6 March. The offering combines the company's NX Horizon solar trackers with agrivoltaics control software and design services to help developers execute projects in line with Italy's regulatory, environmental and agricultural requirements. The platform is designed to support both solar generation and agricultural use on the same land, as Italy pushes to expand renewable power whilst preserving farm productivity. Nextpower said the solution includes solar tracking systems, advanced control software and related services as part of a flexible platform for the country's agrivoltaics market. The company, formerly Nextracker, designs and supplies technology for solar power plants.
Nextracker, a solar energy equipment supplier, reported third-quarter earnings of $1.10 per share, beating the Zacks Consensus Estimate of $0.93 per share by 17.86%. This compares to $1.03 per share a year ago. The company has surpassed consensus earnings estimates for four consecutive quarters. Revenues reached $909.35 million for the quarter ended December 2025, exceeding estimates by 11.63% and up from $679.36 million a year earlier. Nextracker has topped consensus revenue estimates in all four recent quarters. Shares have gained 23.2% year-to-date, outperforming the S&P 500's 1.5% rise. The company holds a Zacks Rank of 3 (Hold), indicating expected performance in line with the market. Current consensus estimates project $0.92 earnings per share on $807.99 million revenues for the coming quarter.
Nextpower, a provider of intelligent power generation systems for solar plants, reported third-quarter fiscal 2026 revenue of $909 million, up 34% year-over-year. The company achieved GAAP gross profit of $288 million and adjusted EBITDA of $214 million. The company generated $391 million in operating cash flow year-to-date and held $953 million in cash with no debt. Nextpower secured an investment grade credit rating from Fitch and authorised a $500 million share buyback programme over three years. The former Nextracker rebranded to Nextpower, reflecting its evolution to an end-to-end solar technology platform. The company expanded US operations with a Southeast hub and increased domestic manufacturing capacity. Nextpower raised its fiscal 2026 financial outlook based on strong execution and bookings.
Nextpower (NXT) shares rose 4.6% to $105.21 after the company announced a joint venture with Abunayyan Holding to form Nextpower Arabia, aimed at accelerating solar power plant development across the Middle East and North Africa. Bank of America Securities maintained its 'Buy' rating and raised its price target to $108 from $102. The joint venture includes plans for a manufacturing facility in Jeddah, expected to open in the second quarter of 2026 with annual production capacity of up to 12 gigawatts. The project involves approximately $88 million in investment and is projected to create up to 2,000 jobs. Nextpower is up 13.4% year-to-date and trading near its 52-week high of $111.84. The stock has experienced 36 moves greater than 5% over the past year.
Tracker titan rebrands as Nextpower: why Australia's solar future just got smarter. Solar's next frontier: the birth of Nextpower. Global solar leader Nextracker has officially unveiled its new name: Nextpower. This isn't just a simple name change; it's a strategic transformation from a specialist in solar tracking technology to a comprehensive, end-to-end provider of the entire structural, electrical, and intelligent system for massive solar farms. * The Big Pivot: Nextpower is moving beyond the core solar trackers it is famous for. It now aims to be the single, integrated supplier for utility-scale solar projects - from design and construction through to lifetime operations and maintenance (O&M). * CEO's Vision: According to CEO Dan Shugar, the world is in an "electricity super-cycle," with solar leading the charge as the lowest-cost, fastest-growing energy source. The rebrand positions the company to capitalise on this generational shift. Targeting $8.5 billion and diversified growth. Nextpower is not just talking big; it has the financial targets to back its ambition. The company is forecasting a staggering $7.3 to $8.5 billion (AUD) in revenue by 2030. Crucially, a significant portion of this growth will come from its new product lines. | Growth Driver | Product Focus | 2030 Revenue Share Goal | | Traditional Core | Solar Trackers | The largest segment, but growing modestly. | | New Divisions | Power Conversion Systems (PCS), Module Frames, Electrical Balance-of-Plant (eBOS), Advanced Software | Expected to make up nearly one-third of total revenue. | This signals a major commitment to building a full solar infrastructure platform, reducing complexity and increasing efficiency for developers globally. Australia is the global testbed for solar automation. The push into a full technology platform is heavily reliant on cutting-edge innovation - and Australia is at the forefront of this revolution. Nextpower is one of the innovators supported by the Australian Renewable Energy Agency (ARENA), which provided significant funding (around AUD $4.96 million) to trial advanced construction systems. * Robotics in Action: The focus is on technologies like automated, GPS-guided pile drivers (NX Earth Truss foundation solution). These tools are designed to work on challenging, hard-soil terrains common across the Australian outback. * The Impact: This solar automation technology promises to cut installation time by up to 20% and lower costs, directly addressing Australia's drive for Ultra Low-Cost Solar (ULCS) and its well-documented skilled labour shortage. The Goulburn River Solar Farm in NSW is among the projects trialling this technology. Current energy landscape & The solar super-cycle. The Nextpower launch comes amid significant current events that validate its strategy: * IEA Confirms the Shift: The International Energy Agency (IEA) recently highlighted that global investment in electricity supply and end-use electrification now accounts for half of all energy investment, with renewables - led by solar - growing faster than any other source. * AI & Data Center Demand: Breakneck electricity demand growth from new AI data centres is now a critical driver in advanced economies like Australia, further accelerating the need for utility-scale clean energy solutions. The IEA noted global data center investment is expected to surpass spending on global oil supply in 2025. * Local Context - Australian Momentum: The Clean Energy Council's 2025 report shows that clean energy investment in Australia soared in the past year, with new commitments hitting a record high, demonstrating sustained demand for the kind of large-scale solar infrastructure Nextpower now offers. The future is big, integrated, and intelligent. Nextpower is betting that efficiency, scale, and AI are the keys to maintaining solar's position as the world's most dominant renewable energy source. EServices4U: your partner in Australia's Clean Energy future. As global titans like Nextpower innovate at the utility scale, EServices4U is here to ensure Australian homes and businesses can directly benefit from the resulting price drops and technological advancements. Eservices4u deliver tailored, efficient, and affordable clean energy solutions for the local market, making the solar super-cycle work for you. * Residential & Commercial Solar: Custom system design and installation. * Battery & Hybrid Solutions: Secure your power with the latest solar battery technology. * Energy Consulting: Audits and expert advice for maximum cost reduction and efficiency. * End-to-End Guidance: From initial inquiry to final connection, Eservices4u manage your solar journey. Switch to smarter energy with EServices4U - your trusted source for advanced solar solutions Australia.