Revenue Compensation Analyst, Spring Health
$66.5-82.1k
+ Stock options
More information about location
Personalized mental healthcare
Open for applications
Personalized mental healthcare
1001+ employees
Open for applications
$66.5-82.1k
+ Stock options
More information about location
1001+ employees
Company mission
To eliminate every barrier to mental health.
Role
Who you are
- Education: Bachelor's degree in Finance, Business Administration, Mathematics, or related analytical field
- Experience: 2-3 years of experience in compensation analysis, sales operations, or financial analysis, preferably in high-growth or SaaS environments
- Technical Skills: Advanced Microsoft Excel skills and experience with compensation management software; familiarity with CRM systems (Salesforce) and data analysis tools preferred
- Analytical Skills: Strong quantitative and analytical capabilities with proven ability to work with large datasets and identify data discrepancies
- Communication: Excellent written and verbal communication skills, able to explain complex compensation concepts clearly to diverse audiences
- Attention to Detail: Exceptional accuracy and attention to detail, with ability to manage multiple priorities and meet tight deadlines
- Problem Solving: Strong troubleshooting skills and ability to resolve data and process issues independently
- Adaptability: Ability to thrive in a fast-paced, evolving environment while maintaining high standards for accuracy and quality
What the job involves
- Reporting to the VP of Revenue Operations, the Revenue Compensation Analyst will support the administration and analysis of Spring Health's global revenue compensation programs
- This role partners closely with Sales, Finance, and People teams to ensure accurate, timely, and compliant compensation plan execution
- By combining strong analytical skills, attention to detail, and process optimization, you will help maintain fair, transparent, and effective compensation programs as Spring Health continues to grow
- Compensation Administration: Execute day-to-day compensation processes including commission calculations, quota management, and payout processing using compensation management systems (e.g., Qobra, CaptivateIQ, Xactly)
- Data Analysis & Reporting: Build and maintain compensation reports, dashboards, and analytics to track performance, identify trends, and support decision-making
- Plan Support & Documentation: Assist in compensation plan implementation, create process documentation, and support plan communication and training initiatives
- Quality Assurance: Perform detailed audits of commission calculations, validate data accuracy, and ensure compliance with established processes and procedures
- System Management: Maintain compensation systems, troubleshoot issues, and support system integrations and data flows
- Stakeholder Support: Respond to compensation inquiries from sales teams, provide plan clarifications, and escalate complex issues appropriately
- Process Improvement: Identify opportunities to streamline processes, reduce manual work, and improve accuracy through automation and best practices
- Compliance Support: Assist in ensuring adherence to legal, tax, and labor regulations across multiple markets while maintaining audit trails and documentation
- What success looks like in this role:
- Achieve 99%+ on-time commission submissions each pay cycle
- Maintain 95%+ accuracy in all commission calculations and payouts
- Complete monthly commission runs within established timelines
- Maintain comprehensive audit trails and documentation for all compensation activities
- Provide timely and accurate responses to 95%+ of stakeholder inquiries
Our take
Large companies often provide employees with mental health services, but small businesses find it challenging to offer similar support. Additionally, existing support systems are usually generalized, failing to deliver the personalized mental healthcare that individuals need. To address this gap, Spring Health has developed AI-driven tools for employers to create tailored mental wellness plans for their employees, including treatment options, daily routines, and medication plans based on individual data.
Spring Health has recently expanded its services to the family and pediatric space through the acquisition of Weldon, offering mental wellness guidance to parents. This expansion includes chats with therapists, social workers, and parenting coaches, as well as group support with other parents and access to educational content. By focusing on personalized care, Spring Health aims to enhance mental wellness support for families alongside its existing employee services.
The behavioral health market is projected to grow to $242B by 2027. While many solutions prioritise fast access to therapy or meditation, Spring Health differentiates itself by emphasizing the right type of care for each individual. With substantial funding raised, Spring Health is well-positioned to continue its innovative approach to mental health services.
Freddie
Company Specialist at Welcome to the Jungle
Insights
77% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Jul 2024
$100m
SERIES E
Apr 2023
$71m
LATE VC
Total funding: $465.1m
Company benefits
- Health, Dental, Vision benefits start on your first day at Spring Health. You and your dependents also receive an individual One Medical account which is valued at $199/year per user. HSA and FSA plans available
- A yearly allotment of no cost visits to the Spring Health network of therapists, coaches, and medication management providers for you and your dependents
- 10 allocated sick days per year
- Flexible paid time off in addition to 12 paid holidays throughout the year
- Access to Gympass, an on-demand virtual benefit that provides wellbeing coaching, and budget management
- Spring Renewal: When you hit your four-year Springaversary, you’ll be awarded a four week, fully paid, sabbatical leave to renew and recharge
- 4-4.5 months of fully paid parental leave
- Spring Health provides team members and their families with sponsored access to Bright Horizons® child care, back-up care, and elder care
- Access to fertility care support through Carrot, in addition to $4,000 reimbursement for related fertility expenses
- Our People team benchmarks all salaries using the Radford Global Compensation Database for technology and life sciences industries. Radford benchmarks salaries with 3,589 global firms, 6.5 million employees, and 98 countries across the globe. We do this to ensure all of our team members are paid equally and competitively
- On top of competitive and benchmarked salary, Spring Health offers incentive pay (based on role), and equity that begins vesting as we celebrate your first year with the company!
- Employer sponsored 401(k) match of up to 2% after 90 days of employment
- Flexible work arrangements: 66% of Spring Health team members work fully remote while 33% work in a hybrid model from our New York City offices
- Focus Fridays: no meetings, no distractions, just time for you to get work done
- Focus Weeks: In Spring 2023, we held our first ever Focus Week, we canceled all non-essential meetings, minimized distractions, and you, our team members, to dive into the key work that gets chopped up or deprioritized during the regular day-to-day. We saw a 36% jump in the average energized score after those five days of flow state work and are finalizing a plan for quarterly Focus Weeks for team members
- Up to $1,000 Professional Development Reimbursement per calendar year
- $200 per year donation matching to support your favorite causes
Company HQ
Flatiron District, New York, NY
Leadership
Adam Chekroud
(Co-Founder)Previously President of The Oxford Guild Business Society for 2 years and Researcher at FMRIB Centre - University of Oxford for 1 year.
April Koh
(Co-Founder & CEO)Previously Chief Product Officer & Co-Founder at Spylight for 1 year. Also worked in the Product Management Department at Shazam for 5 months.
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