iRhythm Technologies

Senior Compensation Consultant

United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Medical Devices, Cardiac HealthIndustries

Senior Compensation Consultant

Employment Type: Full-time

Location: Remote - US

Estimated Pay Range: $135,000.00 - $175,000.00


Position Overview

At iRhythm, you’ll have the opportunity to grow your skills and your career while impacting the lives of people around the world. iRhythm is shaping a future where everyone, everywhere can access the best possible cardiac health solutions. Every day, we collaborate, create, and constantly reimagine what’s possible. We think big and move fast, driven by our commitment to put patients first and improve lives. We need builders like you. Curious and innovative problem solvers looking for the chance to meaningfully shape the future of cardiac health, our company, and your career.

The role of the Senior Compensation Consultant is to assist in the design, development, and implementation of global compensation programs aligned with the company’s strategic objectives. This includes the design, management, communication, compliance, and administration of our compensation programs, including base salary, bonus, and long-term incentives.


Responsibilities

  • Support the design and implementation of compensation strategies that align with the organization’s goals, including base pay, incentive plans, and long-term incentive plans.
  • Provide consultation to HR Business Partners and Business Leaders on compensation-related matters to help inform, influence, and support organizational goals.
  • Participate in the successful implementation and management of core compensation activities, including benchmarking, annual compensation planning, and job evaluation.
  • Conduct market research and analyze current market practices to ensure competitive rewards, internal equity, and compliance.
  • Collect, analyze, and interpret compensation data to identify trends, make recommendations, and provide insightful reports to senior management.
  • Assist with the annual compensation planning cycle and manage the compensation planning tools. Experience with Workday is a plus.
  • Develop and deliver training and communication materials to educate managers and employees on compensation policies, practices, and guidelines.
  • Assist with advanced research on executive compensation, proxy analysis, and board compensation matters.
  • Participate in special projects or other HR initiatives as needed.

Requirements

  • Bachelor’s degree in Business, Accounting, Finance, Human Resources, or equivalent required.
  • MBA or other related advanced degree preferred.
  • At least 7 years of compensation experience.
  • Global compensation experience is strongly preferred.
  • Certified Compensation Professional (CCP) designation preferred.
  • Advanced MS Excel and PowerPoint to create charts, graphs, and executive-ready presentations.
  • Strong analytical, problem-solving, and decision-making skills.
  • Strong data analysis and reporting skills.
  • Strong attention to detail.
  • Advanced communication skills (oral and written).

Ways To Stand Out

  • Advanced knowledge and experience using Workday for compensation administration.
  • Ability and desire to work in a fast-paced environment where you collaborate with multiple partners at multiple levels.
  • Ability to maintain strict data confidentiality.
  • Ability to work under pressure with high energy.
  • Be agile with a mindset of a lifelong learner.

Company Information

At iRhythm, we ensure an inclusive workforce. We welcome and celebrate people of all backgrounds, experiences, skills, and perspectives. iRhythm Technologies, Inc. is an Equal Opportunity Employer. We will consider for employment all qualified applicants with arrest and conviction records in accordance with all applicable laws.

iRhythm provides reasonable accommodations for qualified individuals with disabilities in job application procedures, including those who may have any difficulty using our online system. If you need such an accommodation, you may contact us at taops@irhy.

Actual compensation may vary depending on job-related factors including knowledge, skills, experience, and work location.

Skills

Compensation strategy
Market research
Data analysis
Benchmarking
Job evaluation
Workday
Communication
Training

iRhythm Technologies

Advanced cardiac monitoring solutions provider

About iRhythm Technologies

iRhythm Technologies focuses on cardiac monitoring solutions, with its main product being the Zio Patch, a wearable device that tracks heart rhythms for up to 14 days. This extended monitoring helps healthcare providers detect irregular heart rhythms that shorter monitoring might miss, making it especially useful for patients at risk. The company serves both patients and healthcare providers, generating revenue by selling the Zio Patch and offering data analysis services to interpret the collected heart data. iRhythm aims to improve patient outcomes and streamline healthcare workflows in the cardiac health sector.

San Francisco, CaliforniaHeadquarters
2006Year Founded
$102.8MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Holidays
401(k) Retirement Plan
401(k) Company Match
Employee Stock Purchase Plan
Mental Health Support
Hybrid Work Options
Pet Insurance

Risks

Increased competition from emerging cardiac monitoring technologies threatens market share.
FDA warning letter may lead to regulatory scrutiny and potential fines.
Shareholder investigation could result in legal challenges and financial liabilities.

Differentiation

Zio Patch offers up to 14 days of uninterrupted cardiac monitoring.
iRhythm's Zio Patch is the smallest and least conspicuous cardiac diagnostic device.
The company provides data analysis services for actionable insights from Zio Patch data.

Upsides

Wearable health tech market growth aligns with iRhythm's business model.
Telehealth expansion increases demand for remote monitoring solutions like Zio Patch.
AI integration enhances arrhythmia detection accuracy in iRhythm's Zio Patch.

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