At TerrAscend, we are on a mission to shape the future of the cannabis industry by creating leading marijuana-based therapies for patients and developing premium products for legalized adult recreational use. We are one of the largest and fastest growing multi-state, vertically integrated cannabis operators in North America. We’re on a roll and are just getting started!
It’s a Joint Effort
We believe that How We Work Together Matters. Our priority is to assemble a team that believes not just in what we do but how and why we do it. Our most successful team members know that being of service to our patients, our customers, and each other is what separates us from other organizations. Our continued success is dependent upon bringing together the brightest minds in business with best-in-class cultivation and elevated patient and customer experiences, so we continue to set the standard for the industry.
Sound like weed be a good fit? Here’s where you come in.
Our next Manager, Compensation will manage and support TerrAscend’ s enterprise-wide compensation strategy focusing on compensation programs across our business units in Canada, California, Michigan, Pennsylvania, New Jersey, and Maryland.
You will be challenged to work both strategically and tactically to develop the organization’s compensation philosophy from the ground up.
One minute you will be partnering with stakeholders to revamp short and long-term equity programs.
The next minute performing market research to recommend a salary range for a newly created position.
And the next minute gathering critical data to support the Chief People & Culture Officer for meetings with the Compensation Committee and Board of Directors.
Regardless of the task, it’s critical you have strong situational awareness and EQ as you’ll work with diverse teams and stakeholders across the organization
Where you’ll be planted:
This is a hybrid position with occasional on-site requirements in King of Prussia, PA.
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
#LI-AH1
*** Background Check Requirement ***
As a condition of employment, a complete background investigation will be conducted based on the rules of the specific State in which the employee is hired. Typically, the state investigative process includes a state and federal background check.
EEO Statement
At TerrAscend, employees and applicants are evaluated based on their qualifications, skills, and ability to perform the duties and responsibilities of the position. TerrAscend is committed to assuring equal employment opportunities to all employees and applicants.
TerrAscend is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination based on race, color, religion, creed, gender, pregnancy or related medical conditions, age, national origin or ancestry, physical or mental disability, genetic information, sexual orientation, to include gay, lesbian, bisexual, transgender and gender identity, or any other consideration protected by federal, state or local laws. Our commitment to equal opportunity employment applies to all persons involved in our operations and prohibits unlawful discrimination by any employee, including supervisors and coworkers.
Disclaimer
This job description is not an employment agreement or contract. Management has the exclusive right to alter this job description at any time without notice. The list of job responsibilities, skills, duties, requirements, and the like is not exhaustive, rather it is illustrative of the current essential functions required for the position.
This organization participates in E-Verify.
This employer participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. If E-Verify cannot confirm that you are authorized to work, this employer is required to give you written instructions and an opportunity to contact Department of Homeland Security (DHS) or Social Security Administration (SSA) so you can begin to resolve the issue before the employer can take any action against you, including terminating your employment. Employers can only use E-Verify once you have accepted a job offer and completed the Form I-9. E-Verify Works for Everyone For more information on E-Verify, or if you believe that your employer has violated its E-Verify responsibilities, please contact DHS.
Esta Organización Participa en E-Verify.
Este empleador participa en E-Verify y proporcionará al gobierno federal la información de su Formulario I-9 para confirmar que usted está autorizado para trabajar en los
EE.UU.. Si E-Verify no puede confirmar que usted está autorizado para trabajar, este empleador está requerido a darle instrucciones por escrito y una oportunidad de contactar al Departamento de Seguridad Nacional (DHS) o a la Administración del Seguro Social (SSA) para que pueda empezar a resolver el problema antes de que el empleador pueda tomar cualquier acción en su contra, incluyendo la terminación de su empleo. Los empleadores sólo pueden utilizar E-Verify una vez que usted haya aceptado una oferta de trabajo y completado el Formulario I-9. Para más información sobre E-Verify, o si usted cree que su empleador ha violado sus responsabilidades de E-Verify, por favor contacte a DHS.
Statement on External Recruiting Agencies
TerrAscend and all affiliates do not accept blind resume submissions from external recruiting agencies. No fee will be paid to agencies who submit candidates without being under contract for an active search with TerrAscend.
