Compensation Business Partner
Gusto
- San Francisco, CA
- $133,000-163,000 per year
- Permanent
- Full-time
- Act as the primary compensation partner for recruiting teams, HR business partners, and organization leaders, leveraging comprehensive knowledge of compensation principles and market dynamics.
- Develop and execute innovative compensation strategies to attract and retain top talent, aligning with market trends, internal equity, performance-based pay principles, and Gusto values.
- Provide guidance and support on various compensation-related activities, including new hire offers, analysis of recruiting trends, promotions, international pay, and performance-related compensation decisions.
- Foster a culture of continuous analytics, regularly monitoring and enhancing existing compensation programs to align with Gusto's strategic objectives and effectively attract, engage, and retain top talent.
- Conduct annual benchmarking of job roles to ensure competitive compensation structures.
- Assist in the implementation of ongoing compensation programs and tools, offering deep insights to support informed compensation decisions by organizational leaders.
- Continuously evaluate and refine the job architecture and job leveling approach to facilitate effective hiring, career advancement, job evaluation, and the delivery of competitive compensation packages.
- Collaborate with the Finance team to establish appropriate budgets for compensation programs.
- Bachelor's degree or equivalent experience, with a minimum of 5 years of corporate and/or consulting experience in compensation, demonstrating progressive leadership responsibilities.
- Strong expertise in developing compensation models in support of annual compensation cycles, benchmarking, and ad-hoc request.
- Knowledgeable about industry trends and developments in compensation, including relevant legal considerations.
- Familiarity with multiple benchmarking surveys and methodologies, as well as job evaluation techniques.
- Ability to effectively communicate complex compensation concepts to senior leaders and partners.