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← Olema Oncology

Director, Compensation

Olema Oncology
Location
Boston, Massachusetts
Posted
23 days ago
Department
Business and Operations
Salary
$230,000 - $250,000
What they actually want (must-haves)
  • Bachelor’s degree in business, finance, accounting, economics, or a related field required
  • At least 10 years of progressive compensation experience, including significant hands-on experience within biotechnology, pharmaceuticals, or life sciences
  • Demonstrated experience leading compensation strategy and programs within both small/high-growth and/or larger, more complex organizations
  • Deep expertise in broad-based compensation for employees at the Vice President level and below
  • Expert knowledge of market-pricing and compensation-survey methodology
  • Proven experience designing and maintaining job architecture, career frameworks, job-evaluation and leveling methodologies, salary structures, range spreads, midpoint progressions, and range-placement guidelines
Nice to have
  • MBA or CPA preferred
  • Experience with compensation benchmarking tools, equity platforms, HRIS systems, and advanced compensation analytics
  • Experience designing and governing commercial or sales incentive compensation plans
What the job really is

The Director of Compensation at Olema Oncology will be responsible for establishing and managing the company's non-executive compensation programs as it transitions towards commercialization. This role involves designing compensation frameworks, leading market benchmarking, and collaborating with senior leadership to ensure competitive and equitable compensation strategies. The position requires a hands-on approach in a high-growth environment, focusing on broad-based compensation, equity programs, and supporting executive compensation initiatives.

Benefits
  • Competitive compensation and benefits package
  • Open, flexible, and friendly work environment
  • Platform for long-term career development
Things to weigh
  • Role involves establishing compensation frameworks from scratch, which may present challenges in a growing company
  • No specific mention of remote work flexibility beyond hybrid options in Boston or San Francisco
  • Base pay range is provided, but total compensation includes equity and bonuses, which may vary significantly
Job score4/5
Benefits2/5
Freshness4/5
Career value4/5
Role clarity5/5
Pay transparency5/5

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