Job description
Who we are
About Stripe
Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone’s reach while doing the most important work of your career.
About the team
Stripe’s Compensation Team plays a pivotal role in driving the company’s people strategy. As strategic partners to the business, we strive to demystify compensation programs and processes, enabling Stripes to focus on their core responsibilities. We take pride in our ability to design and implement compensation offerings that not only attract top-tier talent but also foster long-term engagement and retention. Our work ensures that Stripe remains competitive in the global talent market, empowering the organization to build and maintain a world-class workforce dedicated to advancing Stripe’s ambitious goals.
What you’ll do
The Head of Compensation Programs will lead a team of compensation experts who are responsible for building and designing innovative compensation programs. Ideally, this person thrives in a fast-paced environment and naturally operates with a strategic mentality and an orientation toward enablement. They are comfortable within a growing, evolving team and will build strategic frameworks, closely partner with cross-functional teams, and make data-driven decisions to ensure we meet the company’s needs.
Responsibilities
- Lead a team of compensation experts who design, build and deliver global compensation programs, including base salary, variable compensation, and equity plans.
- Oversee all aspects of our annual compensation planning processes, including the development and completion of compensation cycle reviews and recommendations related to performance, incentives, promotions, and equity.
- Partner and collaborate with teams like People Systems, People Analytics, Finance, and Legal on compensation philosophies, programs, policies and practices to bring them to life; and developing solutions for compensation-related issues.
- Create new tools to deliver incredible experiences for our employees and to enable more data-driven decisions.
- Manage market pricing activities including job matching, data analytics, and job pricing, including analysis of cash and long-term incentive compensation practices.
- Maintain a current knowledge of internal and external market compensation practices and trends on various topics, including pay and demand trends, organization design approaches, role definition, pay for performance, and legal and regulatory requirements.
- Ensure compliance with federal, state, provincial, and local regulations. Maintaining an awareness of regulatory changes and the potential impact of those changes on current and future compensation requirements.
Who you are
We’re looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply.
Requirements
- Bachelor’s degree in Human Resources Management, Business, Finance, Economics, or related fields required.
- 10+ years of experience with 8+ years of developing and managing global compensation programs and processes for both public and private companies, preferably in a high-growth technology environment.
- Experience leading compensation strategy, competitive pay evaluation, pay/performance links, incentive program design, mergers and acquisitions, etc.
- Knowledge of current market trends and practices. Experience in compensation plan administration and reporting.
- Proven track record of implementing creative compensation programs that align the broader employee population and senior management with shareholder value and drive achievement of strategic objectives.
- Excellent analytical and financial skills, including reduction in cost/risk and optimizing vendor structures/management.
- Demonstrated ability to anticipate future trends/consequences and build innovative approaches; bring a new perspective, but also have deep compensation experience in a customer-facing environment.
- Success in crafting and articulating ideas and plans to both management and peers in the context of business priorities and needs.
- Experience with Workday strongly preferred.
- Authentic individual with outstanding integrity whose personal and professional values are consistent with our mission, vision, and leadership framework.
- Self-motivated; takes initiative to do further analysis when deeper insights can be achieved.
