Compensation & Benefits Analyst, WeWork
12 Month Fixed Term Contract
Shared workspace community & office services
Open for applications
Shared workspace community & office services
1001+ employees
Open for applications
1001+ employees
Company mission
To create environments where people and companies come together and do their best work.
Role
Who you are
- At least 3-4 years of experience in an analytical, finance or compensation and benefits role
- Bachelor’s Degree or equivalent experience
- Advanced proficiency with Microsoft Office and/or Google Suite
- Strong Excel and/or Google Sheets skills are required. Must be able to manage large data sets and perform functions such as table array, index match, vlookup, pivot tables, charts etc
- Outstanding attention to detail and quantitative/qualitative analysis skills
- Takes initiative and uses good judgment; excellent follow-up skills
- Detail oriented and sensitive with confidential data
- Excellent verbal and written communication skills
- Ability to work efficiently in a fast-paced, high growth, changing environment
- Ability to work cross-functionally to participate in projects and activities based on business requirements
What the job involves
- We are looking for the Compensation & Benefits Analyst (12m FTC) to support both the Compensation and Benefits team
- Support two Global Compensation Managers in partnering with Corporate, Community and Sales client groups on compensation related matters
- Lead the annual salary survey participation, benchmarking, analyzing, and interpreting market data to provide recommendations for our global salary ranges with minimal supervision
- Support our global Annual Compensation Review cycle including but not limited to reviewing and recommending merit increases, market adjustments, promotion and incentive payouts
- Support the sales incentive payout calculation process
- Support HR Business Partners and Talent Acquisition team and provide recommendations for compensation adjustments based on job evaluations, pay gap analysis, market data, and internal equity
- Evaluate new and existing roles for appropriate job families, levels and salary ranges
- Conduct data analysis in helping to create presentations to support strategic compensation decisions and the further development of our compensation philosophy
- Support the preparation of compensation-related reports and documentation for audits, governance, or regulatory purposes
- Ensure compensation data accuracy across HRIS platforms (Workday experience a plus)
- Manage queries from employees in our People Helpdesk - ticketing system (Salesforce)
- Manage day-to-day administration of benefit programs, enrollments, and policy inquiries and be the subject matter expert on all matters related to benefits
- Manage invoice processing, including monitoring of cost, service levels and accuracy of data and invoices across benefits providers
- Support monthly benefits administration, ensuring the Payroll department and third-party provider (Pension, PMI, etc) are receiving documentation and reports on time in order to process accordingly
- Project manage the renewal process for existing benefits policies, ensuring timely and efficient execution
- Support the Global People Operations team with benefits onboarding and enrollment processing
- Support annual benefit events, including enrollment and global wellness fair
- Write benefit communications and support increasing employee engagement
- Support renewal processing and accuracy of benefits, ensuring our benefits platform is updated and communications to employees
- Run ad-hoc reports on benefits utilization and help establish metrics
- Respond to employee queries both in person and through our People Helpdesk - ticketing system (Salesforce)
Salary benchmarks
Our take
WeWork is a commercial real estate company that pioneered the shared workspace market, providing spaces for anyone from freelancers to Fortune 500s. Traditional leases typically require businesses to commit to an office for 5-10 years, whilst WeWork allows its members to scale up from a single hot desk to a private office or custom-built suite, depending on their needs.
WeWork has hundreds of locations across the globe, with hundreds of thousands of members. While its initial rapid growth and dominance in key global hubs was impressive, it has since had to scale back and strategically re-align itself in an unstable economic climate.
There is certainly still potential for WeWork to see renewed growth and success, especially as remote and hybrid working continues to be popular. That said, observers will have to wait to see the eventual affect of its restructuring - and only time will tell what the company's future looks like.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 15 rounds)
Jan 2019
$1bn
SERIES H
Nov 2018
$3bn
GROWTH EQUITY VC
Total funding: $12.4bn
Company benefits
- Health and dental insurance
- Free breakfast everyday
- Flexible working hours
- Work from home opportunities
Company values
- Do The Right Thing - We know the “right thing” is a deliberate action we must always take
- Strive To Be Better, Together - We’ve always believed that we are better together
- Be Entrepreneurial - To reshape the way the world works, we must be bold, act with courage, and demonstrate resiliency
- Give Gratitude - We will not take anyone or anything for granted
- Be Human, Be Kind - Collaboration, kindness, and authenticity are essential to our humanity
Company HQ
Chelsea, New York, NY
Articles
Leadership
David Tolley
(CEO, not founder)Also Co-Chief Restructuring Officer and CFO at Intelsat. Previously worked at Stonepeak Infrastructure Partners as a Senior Advisor.
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