Sales Compensation Analyst, Algolia
AI search solutions
Job no longer available
AI search solutions
501-1000 employees
Job no longer available
501-1000 employees
Company mission
To help businesses and developers understand their online users and show them exactly what they need.
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 further 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
Company
Funding (last 2 of 7 rounds)
Jul 2021
$150m
SERIES D
Oct 2019
$110m
SERIES C
Total funding: $334m
Company HQ
Barron Park, Palo Alto, CA
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