Compensation Associate, Stitchfix
$93.8-138k
Online personal styling
Open for applications
Online personal styling
1001+ employees
Open for applications
$93.8-138k
1001+ employees
Company mission
To change the way people find clothes they love by combining technology with the personal touch of seasoned style experts.
Role
Who you are
- You have 2 – 5 years of experience in compensation, and have command over compensation fundamentals including job matching and market pricing, public company equity mechanics, and program design
- You are an Excel or Google Sheets expert
- You have strong analytical skills with the ability to effectively interpret data and create meaningful, understandable models, reports and metrics
- You have a growth mindset – you’re constantly thinking about how to work smarter, and take on the next challenge
- You pay attention to detail, and deliver high-quality, error-free work products
- You thrive working in a fast-paced environment with quickly changing business needs
- You're highly self-motivated, have a stellar work ethic and you're looking for the right company to support your growth
- Above all else, you are Bright, Kind and Motivated by Challenge!
What the job involves
- Stitch Fix compensation programs run on data and analytics, and as our Compensation Associate, you will be in the driver’s seat
- You’ll spend your time visioning and delivering compensation analytics, leveraging the expertise you’ve built in prior compensation roles
- You’ll find ways to improve the efficiency of our compensation processes, and build tools that will be leveraged across the company
- You’ll have the opportunity to work directly with Total Rewards team leadership to bring to life innovative compensation programs in alignment with our vision for the next generation of total rewards @ Stitch Fix
- Join a diverse and high-performing team of Compensation professionals who are committed to supporting and developing each other. We take career growth and development very seriously
- Lean into a broad scope of work that includes salary and equity programs, rewards and recognition, and executive compensation
- Work across the company, spanning a uniquely diverse job population including data science, engineering, creative, merchandising, operations, corporate functions, and more
- Leverage your considerable spreadsheet skills (in Excel or Google Sheets) to create new and unique models, support the analytical work of the team, or validate the work of others
- Partner closely with our People Analytics team to enhance and scale workforce analytics, with Finance to strengthen compensation budgeting and forecasting, and Equity Operations on materials going to our CEO and Board
- Uplevel by growing your program management, partnership, communication and collaboration skills. This is a meritocracy - every opinion counts!
Our take
Shopping online for clothes is not always a fun experience. Finding clothes you like is only half the battle. Sizing guides and return policies seem to have been designed to be challenging to understand, and can also vary wildly from company to company.
Stitchfix sets out to change this by making online clothes shopping personalized and hassle-free. Customers take a survey on their personal tastes, and pay a one-off fee for a stylist, to receive a box of 5 personalized items. Then, they simply pay for any items they keep, or return what they don't want free of charge. The stylists fee is deducted from the first purchase and if they keep all 5 items, they receive a discount.
Stitchfix's unique blend of technology, and human touch in styling, allows the company to deliver its personalized experience at scale, with its growing data sets putting them in a great place to predict consumer trends and preferences. Unfortunately, the company has been hit hard by the current economic climate - cutting staff back in June 2022 as well as again in early 2023. Only time will tell if this once exciting brand will be able to bounce back from this bump in the road and find success again in the future.
Steph
Company Specialist at Welcome to the Jungle
Insights
-7% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Jun 2014
$30m
SERIES C
Oct 2013
$12m
SERIES B
Total funding: $47.6m
Company benefits
- Leadership, managing people program, career journey & other training opportunities
- Company equity for eligible roles
- Medical, dental and vision benefits
- 401(k) plan
- Unlimited vacation for qualified roles
- Competitive parental leave
- Enjoy 40% off of Fixes plus access to quarterly sample sales
- Collaborative workspaces - Open floor plan with standing desks & living room seating throughout
Company HQ
Financial District, San Francisco, CA
Leadership
Katrina Lake
(CEO)BA in Economics from Stanford. MBA from Harvard Business School. Previously 2 years as an Associate at The Parthenon Group and 2 years as an Associate at Leader Ventures.
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