Compensation Partner, Faire
$142-195.5k
+ Equity
More information about location
2 days a week in office
Online wholesale marketplace
Open for applications
Online wholesale marketplace
1001+ employees
Open for applications
$142-195.5k
+ Equity
More information about location
2 days a week in office
1001+ employees
Company mission
To empower entrepreneurs around the world to chase their dreams.
Role
Who you are
- We’re looking for smart, resourceful and passionate people to join us as we power the shop local movement
- Bachelor’s degree in Finance, Business Administration, Human Resources, or related field
- 6+ years of experience in the analysis, design, and administration of compensation programs; serving in a business-facing compensation partner role is a plus
- Ability to build strong partnerships at all levels, including executive, and to communicate complex information in a clear, concise manner across a variety of audiences
- Demonstrate strong analytical and creative problem-solving skills
- Advanced experience in Excel and/or Google Sheets
- Knowledge of equity vehicles including stock options, RSUs, and other equity offerings
- Knowledge of relevant laws and regulations regarding compensation
- Ability to prioritize work and handle multiple assignments in a timely and flexible manner
- Ability to work with sensitive information and maintain confidentiality
What the job involves
- We are looking for a Compensation Partner to help develop and execute our compensation programs to ensure they remain competitive and aligned with Faire’s strategy
- This role will serve as both a valuable partner to business leaders and HR Business Partners while also having an opportunity to support the analysis, design, and implementation of our various compensation initiatives
- Serve as a resource for our HR Business Partners, recruiting teams, and business leaders to provide guidance on all compensation matters
- Advise on compensation for new hires, promotions, and transfers
- Drive medium to large scale projects end-to-end including our bi-annual compensation cycles, benchmarking exercises, and other net new projects
- Analyze compensation data to create actionable insights, drive business decisions, and improve our overall compensation programs
- Support the design and delivery of education and training for leadership, managers, and employees
- Stay up-to-date on industry trends, legal requirements, and market dynamics to ensure compliance and relevance of compensation programs
- Develop strong cross-functional partnerships with Finance, Legal, and the broader People team
- Support the design, change management, and communication efforts associated with our compensation programs
Application process
- Applications for this position will be accepted for a minimum of 30 days from the posting date
Our take
Faire is a company that helps retailers find and buy wholesale merchandise for their stores, pairing independent brands with retailers. The company connects two million retailers globally to tens of thousands of brands across the globe.
In addition to a large catalog, the company attracts smaller retailers by offering net 60-day terms and free returns to boost confident buying at unpredictable times. Faire has seen impressive growth, reporting 300% year-on-year volume growth and a valuation of over $12.6B following its most recent tranche of funding from Shopify.
This investment is funding its continuing expansion into European and Australian markets, while accelerating product development, focusing on its OS for wholesale. It is also hiring talent globally as it takes aim at becoming a kind of Amazon for local and indie brands that want to sell globally.
Steph
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
109% employee growth in 12 months
Company
Employee endorsements
Opportunities to learn
"I joined Faire over a month ago and the onboarding has been very comprehensive including some additional material that has been extremely helpful..."
Funding (last 2 of 10 rounds)
May 2022
$416m
SERIES G
Nov 2021
$400m
SERIES G
Total funding: $1.5bn
Company benefits
- Comprehensive healthcare
- All of our offices have been designed with local in mind—from our architects to our coffee blends
- Paid vacation time, holidays, and company-wide “Faire Fundays.”
- Including a monthly credit toward your wellness-related programs
- Generous parental and family leave, as well as fertility support benefits
- Including free access to Modern Health therapists and resources
- Optional morning meditation, plus a free Headspace membership
- Faire will match up to US$250 of your charitable donations, every year
- For personal and professional development, as well as unlimited access to training courses through LinkedIn Learning
- Whether you want to grow as a leader, hone your craft, or explore a new discipline, our career framework allows space for you to explore
Company values
- We serve our community
- We seek the truth
- We’re all owners
- We embrace the adventure
- We’re kind
Articles
Leadership
Max Rhodes
(CEO)Was previously an Advisor at Blunt Umbrellas and Director of Consumer Product at Square.
Daniele Perito
(Advisor)Former Director of Security and Risk Engineering at Square, prior to co-founding Faire.
Marcelo Cortes
(CTO)Previously a Senior Software Engineer at Google. Before that, co-founded FreePoint Inc.
Jeff Kolovson
(COO)Was Operations Lead at Square. Before that was a Business Analust for McKinsey and Co.
Salary benchmarks
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Diversity, Equity & Inclusion at Faire
Clarence Sanon (Engagement and Inclusion Manager)
- We have internal structures and mechanisms that acknowledge and counteract organizational bias while ensuring equitable opportunity across the organization.
- Our teams are balanced across demographic backgrounds and identities, ensuring equity at all levels of the organization and ensuring a region-specific nuance
- Faire Femmes: Our mission is to build a space that is inclusive, safe, and empowering for those who identify as women to succeed
- HUE: Our mission is to create a safe space where folks of colour can feel comfortable being themselves and talk to folks who get it. We want HUE members to feel confident expressing themselves, their culture, and their heritage
- Flaire: Our mission is to empower all Faire employees to express their whole selves at work, and to make Faire an inclusive environment for all members of the LGBTQ+ community
- Fairents: Our mission is to cultivate Faire into a company where working parents can thrive in their professional ambitions, maximize their impact supporting Faire business goals, and be successful in their pursuit of rewarding & fulfilling journeys as parents
- We have employee resource groups (ERGs) and a cross-functional Diversity, Equity, Inclusion, and Belonging Council (DEIB) at Faire. The DEIB Council works in collaboration with other functions to ensure integration and consideration of DEIB in policies, programs, products, and processes
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