Corporate Compensation Manager, Wayfair
$121-132k
Restricted stock units will be provided as part of the compensation package
More information about location
4 days a week in office
A global online homeware marketplace
Open for applications
A global online homeware marketplace
1001+ employees
Open for applications
$121-132k
Restricted stock units will be provided as part of the compensation package
More information about location
4 days a week in office
1001+ employees
Company mission
To help everyone, anywhere create their feeling of home.
Role
Who you are
- Bachelor's degree in Human Resources, Business Administration, Finance, or a related field
- 7+ years of progressive experience in compensation, with at least 2-3 years in a dedicated corporate compensation role and clear demonstration of manager-level responsibilities and autonomy
- Deep and comprehensive understanding of compensation principles, practices, and regulations across North America, the UK, and the EU
- Exceptional analytical, critical thinking, and problem-solving skills, with a proven ability to interpret complex data and translate it into actionable strategies
- Advanced proficiency in Excel for complex data modeling, analysis, and reporting is essential
- Superior communication, presentation, and interpersonal skills, with a demonstrated ability to build strong relationships, influence senior leaders, and effectively negotiate
- Proven track record of managing multiple, complex projects independently in a dynamic, fast-paced environment
- Experience with Workday or other major HRIS systems
What the job involves
- The Total Rewards team at Wayfair comprises Compensation and Benefits
- Our plans are designed to help Wayfair attract and retain the talent our business verticals need to execute their objectives and contribute to our employee value proposition where our culture of empowerment and opportunity are front and center
- We accomplish this by focusing on qualitative and quantitative data to deliver differentiated, cost-effective strategies, and equitable access, process, and outcomes
- This role sits within the Corporate Compensation and Equity team, which is responsible for setting the global compensation strategy and managing equity and executive compensation strategy and administration
- You will report directly to the Global Head of Corporate Compensation and Equity and play a key role in shaping the compensation landscape for our employees worldwide
- We're looking for a highly accomplished and independent Corporate Compensation Manager to own and drive our corporate compensation strategy and operations across North America and UK/EU
- In this critical role, you'll act as the primary subject matter expert and strategic partner for all global corporate compensation matters
- You'll be instrumental in designing, implementing, and managing compensation programs that are competitive, equitable, and directly aligned with Wayfair's business objectives and talent strategy
- Strategic Compensation Leadership: Drive the end-to-end corporate compensation strategy for North America and UK/EU, ensuring alignment with global compensation philosophy and business priorities
- Market Intelligence & Design: Lead comprehensive market research and in-depth analysis to inform and develop innovative salary structures, incentive plans, and overall compensation programs that attract, retain, and motivate top corporate talent
- High-Impact Stakeholder Management: Cultivate and maintain strong, strategic relationships with senior leaders, HR Business Partners, Legal, Finance, and other critical stakeholders across North America and UK/EU. Provide expert, independent counsel and influence decision-making on complex compensation issues
- Program Implementation & Governance: Oversee the full lifecycle of compensation program implementation, ensuring seamless execution, clear communication, and adherence to established policies and guidelines
- Regulatory Compliance & Risk Management: Proactively monitor and ensure full compliance with all relevant compensation laws, regulations, and pay equity legislation across North America, the UK, and the EU. Identify and mitigate potential compliance risks
- Advanced Analytics & Insights: Conduct sophisticated data analysis, modeling, and forecasting to evaluate the financial impact of compensation programs and policies. Develop and present compelling, data-driven recommendations to management
- Executive Compensation Analysis & Administration: Conduct analysis and manage operational tasks for executive compensation, including data review, plan administration, and preparing materials for senior leadership or board committees as needed
- Operational Excellence: Oversee all corporate compensation operations within your regions, including annual compensation cycles, job evaluations, participation in salary surveys, and the continuous analysis of compensation data to identify trends and opportunities for improvement
- Project Leadership: Independently lead and manage complex, high-priority compensation projects from inception to completion, defining scope, timelines, resource allocation, and communicating progress and outcomes to all relevant stakeholders
- Cross-Functional Collaboration: Partner effectively with HRIS, Talent Acquisition, Talent Business Partners, Finance, and Legal teams to ensure integrated and successful compensation initiatives
Our take
Wayfair emerged in the early era of eCommerce with a mission to revolutionize online shopping, offering customers a convenient platform to purchase goods. Today, it stands as one of the foremost global players in the online furniture delivery industry, boasting an impressive inventory of over 33 million products.
Renowned for its extensive product range and comprehensive service offerings, Wayfair distinguishes itself by providing an end-to-end customer experience, from browsing to doorstep delivery. Despite its prominence, the company faces profitability challenges attributed largely to expansion expenses. Nonetheless, its solid presence in the competitive online homeware sector solidifies its position as a key contender.
With ambitious global expansion plans, Wayfair remains committed to maintaining its leadership in the industry. As it aspires to become the ultimate destination for all home needs, its more recent ventures into physical retail represent significant strides toward this overarching goal.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-14% employee growth in 12 months
Company
Company HQ
Prudential / St. Botolph, Boston, MA
Leadership
Niraj Shah
(Co-Founder & CEO)Studied Engineering at Cornell University before co-founding Spinners, a Boston-based IT services company. Previously acted as Entrepreneur in Residence for Greylock and has served as CEO of Wayfair since co-founding the company in 2002.
Steven Conine
(Co-Founder)Co-founded Spinners before working for Operations at iXL. Conine also co-founded Pillar VC in 2016.
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