Compensation Associate, Teya
Financial services for SMEs
Job no longer available
Financial services for SMEs
501-1000 employees
Job no longer available
501-1000 employees
Company mission
To ensure that every small, medium and growing business in Europe has the opportunity to thrive.
Role
Who you are
- You don’t need to have a lot of experience – as long as you are eager to learn and improve every day, we welcome your application
- Somewhere in your life, you’ve understood that you thrive on human connections and you have the gift to identify growth potential
- You enjoy working in a very fast-paced environment and you can balance multiple tasks
- You’re a good communicator, with excellent soft skills and a hands-on approach when it comes to working
- At least 2-3 years of previous experience in compensation and equity, with a focus on developing and implementing compensation programs
- Strong analytical and problem-solving skills, with the ability to interpret and communicate complex compensation data
- Excellent communication and interpersonal skills, with the ability to build strong relationships across all levels of the business
- Strong project management skills and the ability to work on multiple projects simultaneously
- Energy, commitment, personal integrity and ability to be trusted with confidential information
- Knowledge of HR laws, regulations, and best practices applicable in various countries, departments and seniority levels’
- Technical skills, including the ability to code and work with data analysis tools, and experience with implementing systems to automate processes and drive efficiency
- Attention to detail is essential
- Ability to take initiative and work individually as well as part of a team
What the job involves
- You will be part of our People team, working closely with different regional teams within the business
- Play a crucial role in ensuring that we implement a consistent and fair approach to compensation across all departments. You will be responsible for managing total compensation and ensuring that it is in line with our philosophy and the objective to reward performance and retain talent
- Develop and implement compensation and benefits strategies, policies and processes that support the company’s goals and objectives
- Conduct regular compensation analysis and establish best practices to ensure that we remain competitive in the market and that total compensation (including regular salaries, stock options, pensions and any other types of employee benefits) is fair and consistent across all departments and regions, while complying with local legislations and pay equity
- Manage the company’s equity compensation plan, including the administration of stock options and other equity-based incentives, in a fair, consistent, and performance-oriented culture
- Work with department leaders to analyse team and individuals performance and align changes on compensation based on it
- Provide expert guidance and support to our leaders and employees on compensation and benefits related issues
- Proactively anticipate our gaps and areas for development by staying up-to-date with industry developments, market practices and understanding their relevance to us
- Conduct job evaluations to determine appropriate salary level and make recommendations for adjustments
- Manage and work with budgets for compensation and benefits, ensuring that we maximise value while ensuring we’re cost-effective
- Use strong technical skills and experience with implementing systems to efficiently improve our processes (systems and automations are key), and create reports and insights to drive better decision making
- Model compensation scenarios to determine the impact of changes on the overall compensation program
- Continuously learn and develop skills to enhance their expertise in compensation and benefits and the broader People department area
Salary benchmarks
Our take
Teya, formerly known as SaltPay, provides business solutions tailored to SMEs. Specialising in offering payment solutions, business management tools, and growth strategies, Teya focuses on simplifying software usage for small and medium-sized enterprises.
Since its relaunch in early 2023, Teya has experienced remarkable growth, attaining unicorn status in the industry. This success can be attributed, in part, to its strategic partnership with Liberis, which now enables Teya to offer pre-approved revenue-based finance, streamlining the application process and providing even greater convenience to its customers.
As Teya looks to the future, it remains committed to investing in continuous innovation and expansion. With plans to broaden its product suite, Teya is poised to remain at the forefront of the market, meeting the evolving needs of its diverse clientele.
Steph
Company Specialist at Welcome to the Jungle
Insights
30% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Nov 2021
$370m
SERIES C
Apr 2021
$478m
SERIES C
Total funding: $1.1bn
Company benefits
- Health Insurance
- 25 days of Annual leave + Bank holidays
- Possibility to visit other company offices to meet colleagues in instances when travel is safe and appropriate
- Office snacks every day
- Flexible working hours
- Meal Allowance
- Public Transportation Card
- Frequent team events & activities in the office and outside
- Enrollment in the Universal Stock Option Plan (USOP) from your first day
Company HQ
Westminster, London, UK
Leadership
Ali Mazanderani
(Co-Founder)Previously a Consultant at OC&C Strategy Consultants and a Lead Strategy Consultant at FirstRand Group.
Eduardo Pontes
(Co-Founder)Previously founded Stone where they served as CEO. Also worked as a Security Consultant at Modulo Security Solutions and as a Senior Project Manager at E-Financial.
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