Head of Compensation Design

Stripe

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profile Job Location:

Chicago, IL - USA

profile Monthly Salary: Not Disclosed
Posted on: 3 hours ago
Vacancies: 1 Vacancy

Job Summary

Who we are

About Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companiesfrom the worlds largest enterprises to the most ambitious startupsuse 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 everyones reach while doing the most important work of your career.

About the team

Stripes Compensation Team plays a pivotal role in driving the companys 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 Stripes ambitious goals.

What youll do

The Head of Compensation Design will lead a high-performing team of compensation experts responsible for designing and implementing innovative long-term compensation strategies. This role is ideal for someone who thrives in a fast-paced dynamic environment and can navigate ambiguity with ease. The successful candidate will build strategic frameworks foster cross-functional partnerships and make data-driven decisions to ensure we meet the companys evolving needs.

Responsibilities

  • Lead and mentor a team of compensation experts in designing and implementing unique forward-thinking compensation programs on a global scale 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.
  • Collaborate closely with cross-functional teams to translate compensation philosophies into practical impactful programs and policies.
  • Develop and implement cutting-edge tools and methodologies to enhance employee experiences and enable more data-driven decision-making.
  • 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

Were 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

  • Bachelors 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.

Required Experience:

Director

Who we areAbout StripeStripe is a financial infrastructure platform for businesses. Millions of companiesfrom the worlds largest enterprises to the most ambitious startupsuse Stripe to accept payments grow their revenue and accelerate new business opportunities. Our mission is to increase the GDP of...
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About Company

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Stripe is a suite of APIs powering online payment processing and commerce solutions for internet businesses of all sizes. Accept payments and scale faster with AI.

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