Sales Compensation Analyst, Algolia
Site search and discovery powered by AI
Be an early applicant
Site search and discovery powered by AI
501-1000 employees
Be an early applicant
501-1000 employees
Company mission
Algolia's mission is to change the way people interact with data.
Role
Who you are
- 3+ years of professional work experience, expert technical knowledge of experience working with compensation and commission function in a SaaS company
- Experience in a Compensation or Payroll Analyst /Administrator role
- Experience within a Compensation/Reward function
- Strong Excel modeling and presentation skills
- A good appreciation of the behavioral effects of remuneration design
- Excellent collaboration skills and ability to work with cross-functional teams
- Proficiency with salesforce.com and Xactly commission tool
- Experience with CPQ tools and their implementation is a plus
- We-re looking for someone who can live our values
- If you share our values and our enthusiasm for building the world’s best search & discovery technology, we’d love to review your application!
- We’re looking for talented, passionate people to build the world’s best search & discovery technology
What the job involves
- As a Sales Compensation Analyst, your main responsibility is to manage designing, implementing, and evaluating compensation programs across the organisation
- You will work closely with HR business partners, Sales and Rev Ops management and Finance, to analyse the impact of a wide range of compensation options
- The compensation analyst will research current market practices, measure the effectiveness of existing plans, and evaluate current and future opportunities
- In this Compensation Analyst role, your responsibilities include analyzing our existing packages and strategies and making relevant updates to ensure they comply with current regulations and legislation
- Ultimately, you will build fair and attractive compensation and benefits plans that help us improve employee satisfaction and create a productive workplace
- Design compensation packages and bonus/commission programs that align with the company’s strategic plan
- Identify trends and implement new practices to engage and motivate employees
- Responsible for compliance and governance of plan operations
- Conducting proactive competitive analysis and recommending updates as necessary in line with market trends and findings
- Keep track of prevailing pay rates and make sure we offer competitive compensation plans
- Structure compensation in ways that will yield the highest value for the organisation
- Assessing and updating current benefits and compensation package procedures and policies
- Resolving compensation-related issues
- Preparing reports and presentations
Our take
While in-site searching has been available for some time from web search servers such as Google and Bing, its functionality is limited due to it relying on general web scraping techniques which can miss relevant information. By contrast Algolia indexes only the company's site, allowing its search to serve accurate results extremely swiftly, which helps to drive sales conversions aside from making sites far more usable. The efficacy of this solution can be seen from its customer base of over 10,000 companies including the likes of Slack, Zendesk and Lacoste.
To diversify and increase the product range, Algolia have expanded into other real-time APIs such as product recommendations available for eCommerce websites. With the company performing extremely well over the last few years, Algolia have recruited key senior executives to futher its growth. As the company continues to scale it seems likely that an IPO is not too distant a prospect.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
33% female employees
-3% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Jul 2021
$150m
SERIES D
Oct 2019
$110m
SERIES C
Total funding: $334m
Company benefits
- Health Insurance
- Mental Health Care
- Accidental Death & Dismemberment Insurance
- Dental Insurance
- Disability Insurance
- Flexible Spending Account (FSA)
- Health Savings Account (HSA)
- Life Insurance
Company values
- Grit - We thrive outside of our comfort zone, pushing ourselves to go ever further. We think long-term and constantly strive to be better, even if things don't always go as expected
- Trust - We trust each other just as we trust our users. We earn that trust by listening to each other, following through with our commitments and keeping our words
- Care - We want the best for our customers, community & colleagues. We go above and beyond to make sure they are happy
- Candor - We are open and honest. We give each other praise and criticism because we want to challenge each other and help one another grow
- Humility - We want our teammates to succeed as much as we do ourselves. We believe each team member is as important as the other and we approach each new challenge knowing that we may not have all the answer
Company HQ
Barron Park, Palo Alto, CA
Articles
Leadership
Bernadette Nixon
(CEO, not founder)Was previously CEO of Alfresco. Before that, was CRO at SDL and SVP & GM for OpenText
People progressing
Joined as an Account Executive. Promoted to Senior Account Executive after 1 year. They have been promoted to Director of Sales, Northern Europe.
Joined as an Enterprise Account Executive. Promoted to Director of Enterprise Sales after 2 years. Then promoted again to Head of Sales after 1 year. They are currently the Vice President of Sales for EMEA & APAC regions.
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