Total Rewards Analyst, Lyft
$98-122.5k
Ride sharing company
Job no longer available
Ride sharing company
1001+ employees
Job no longer available
$98-122.5k
1001+ employees
Company mission
To improve people’s lives with the world’s best transportation.
Role
Who you are
- 1-3 years of compensation and/or benefit administration experience
- Strong analytical skills with experience in data analysis and reporting
- Proficient in Excel/Sheets (including advanced functions) and experienced with HR systems (e.g., Workday)
- Excellent written communication skills
- Project management skills with the ability to improve processes and utilize data for decision-making
What the job involves
- The Total Rewards Analyst is responsible for conducting research, analyzing data, and supporting the administration of total rewards programs and strategies for Lyft
- They play a crucial role in managing the ongoing operations of various compensation and benefits programs, policies, and vendor relationships, and serve as a primary resource for our LOA programs
- LOA and Benefits Program Support:
- Administer U.S. and global employee leave programs, coordinating closely with vendors, payroll, and internal partners
- Respond efficiently to leave-related inquiries, including extensions, accommodations, and compliance requirements
- Conduct regular audits of leave data, ensuring accurate tracking and timely return-to-work processes
- Manage daily benefit processes, audits, and error resolution between Workday and external benefit partners
- Collaborate with external vendors and internal stakeholders to resolve benefits-related system and eligibility issues
- Maintain data accuracy across Workday and vendor platforms (e.g., Fidelity, Prudential)
- Provide timely support and clear communication to employees on general benefit inquiries
- Complete required state, carrier, and internal compliance reports
- Regularly audit and reconcile benefits and leave data for accuracy and regulatory compliance
- Partner with cross-functional teams across Lyft (People, Finance, Legal)
- Compensation Program Support:
- Conduct market research and benchmarking to gather data on compensation trends, practices, and competitive pay rates for various job positions. Analyze and interpret data to evaluate the organization's compensation competitiveness and make recommendations as appropriate
- Approve and ensure accuracy of compensation adjustments such as equity grants, spot bonuses, etc
- Assist with offer approvals and provide guidance to the business
- Develop and deliver communication materials to educate employees on the organization's compensation philosophy, programs, and policies. Prepare compensation-related reports and presentations for the People team, stakeholders, and executives to provide insights and recommendations on compensation practices
Our take
Lyft has aimed for consistent growth, making sure to pitch itself as a more reliable and friendly ride-sharing option than its main competitor, Uber. Uber has a greater market share and operates globally, but Lyft hopes to compete by its focus on ride-sharing over Uber's more diversified business approach and as a more rider-friendly and greener alternative to Uber.
Operating only in the USA and Canada, Lyft is in a position of being less affected by global events than Uber but also more vulnerable to local conditions. As an example, while it doesn't face the regulatory hurdles around employment rights that Uber does, it is unable to balance out the cost of the unusually expensive US auto insurance across its operations.
In 2022, Lyft acquired PBSC Urban Solutions, a bike-share equipment and technology supplier, allowing Lyft to compete in new verticals and reaffirming its commitment to green transportation. It has also trialed and launched Lyft Assisted, where drivers help passengers from their door into the car to get to medical appointments. These developments chime well with Lyft's unique selling point as a friendlier and more environmentally aware ride-sharing app.
Steph
Company Specialist at Welcome to the Jungle
Insights
-2% employee growth in 12 months
Company
Funding (last 2 of 14 rounds)
Jun 2018
$600m
LATE VC
Mar 2018
$200m
LATE VC
Total funding: $4.9bn
Company benefits
- Great medical, dental, and vision insurance options
- Mental health benefits
- In addition to 12 observed holidays, salaried team members have unlimited paid time off, hourly team members have 15 days paid time off
- 401(k) plan to help save for your future
- 18 weeks of paid parental leave. Biological, adoptive, and foster parents are all eligible
- Pre-tax commuter benefits
- Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program
- Family building benefits
- Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program
Company HQ
China Basin, San Francisco, CA
Leadership
John Zimmer
(Co-Founder)Originally an Analyst at Lehman Brothers, Zimmer then founded Zimride which was a private ridesharing company that pivoted into Lyft.
Logan Green
(Co-Founder)Founded Zimride, a private ridesharing company which later pivoted into Lyft.
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