Compensation Partner, Xero
$150-220k
Office located in San Mateo, US
Cloud-based accounting software
Be an early applicant
Cloud-based accounting software
1001+ employees
Be an early applicant
$150-220k
Office located in San Mateo, US
1001+ employees
Company mission
To make life better for people in small business, their advisors, and communities around the world.
Role
Who you are
- Strong project management skills and the ability to manage projects alone, gaining key inputs from SMEs
- Effectively ensure stakeholders remain well informed. Identifies and resolves issues
- Communicates effectively, making complex ideas understandable, escalating sparingly and when necessary
- Experience in the technology industry is essential and in SaaS orgs preferred
- Undergraduate and/or Master's Degree preferably in Human Resources, Management or similar
- Significant experience in global compensation, benefits and rewards programs
- Strong background in HCM systems (Workday an advantage)
- Project management and excellent communication skillsStrong background in HCM systems (Workday an advantage)
- Preferably with a company that has experienced intense growthExperience managing multiple global stakeholders at senior levels
- Project management and excellent communication skills
What the job involves
- The Principal Compensation Consultant plays an important role in ensuring that our People Experience (PX) team, Talent Experience (TX) team and people leaders are supported to make robust, data led compensation decisions
- You will be responsible for developing and implementing Xero’s reward programs. They will ensure programs align with Xero’s strategy and support attraction, motivation and retention of key talent
- Compensation strategy and policy: Provide expertise in compensation strategy, policy and frameworks appropriate for the technology industry, particularly SaaS.
- Support the design of compensation policies that support the attraction, retention and motivation of key talent, including incentive plans and reward programs
- Technical leadership:Provide technical leadership and support to other members of the Reward teamLead projects as and when required
- Subject matter expertise and advice:Provide proactive support to a portfolio of people leaders and individual contributors, developing strong relationships with the Executive Team to influence and support them
- Support PX and TX teams in day to day compensation issuesAdvise people leaders on interpretation and application of compensation structures
- Job sizing and benchmarking: Benchmark roles using a consistent and systematic approachUpdate and evolve the compensation structure
- Complete complex analysis and reporting to support decision making
- Compensation review and incentive payments:Take a lead role in management of the Annual Salary Review (ASR), Interim Salary Review (ISR), and Short Term Incentive (STI) plans
- Help design and review incentive plans such as short-term incentives, long-term incentives, sales incentives, sign on bonus, retention and project related incentives
- Rewards and benefits programs: Manage the day to day aspects of rewards programs, ensuring they are kept up to date
- Manage relationships with consultancies/vendors on a day to day basisSupport the review and operationalization of benefit programs
- Analysis and evaluation: Undertake analysis of a variety of reward related projects/initiatives, such as gender pay equity and market data analysis. Continually update and evolve our approach
- Helping drive Xero’s reward strategy and ensuring programs support our global business goals and objectives
- Highly specialized knowledge of complex compensation information and subjects on a global scale
- Works independently to deliver projects, provides education to the business on compensation
- Regularly collaborates with senior management and executives providing specialist adviceIdentifies key analysis requirements, completes complex analysis with in-depth evaluation and interpretation
- Delivers findings and key conclusions, as well as proposed recommendations
Our take
For a long time, high-quality financial services have been reserved for large-scale businesses. Xero solves this problem by giving small businesses, accountants, and bookkeepers access to best-in-class finance and accounting solutions.
Xero is one of the largest companies of its kind, with its promise to save time and effort for small business owners - who often don’t have in-house accounting teams - capturing interest and allowing the company to scale. It has a strong rival in Intuit QuickBooks, which offers similar services, but competes by being most effective for growing startups, and having an incredibly simple user experience.
A series of acquisitions and partnerships, including the purchase of Instafile in 2018, have consolidated Xero’s market share. The company continues to add new integrations, such as with Vehocheck Workshop Manager, and the 2023 launched Beautiful Business Fund that will help small businesses accelerate growth.
Steph
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
3% employee growth in 12 months
Company
Company benefits
- Top-spec MacBook or HP Z-book
- Employee Share Plan (own a part of Xero!)
- 23 days holiday plus Bank Holidays (plus an extra 3 days over the Christmas period!)
- 10 days Wellbeing Leave (for sickness, emergencies and taking a mental health break)
- Company Pension Scheme (matched contributions up to 4.5%)
- A range of wellbeing initiatives
- Remote and Flexible Working
Company values
- Human - Xeros are authentic, inclusive and really care. We’re kind and assume the best intent. We’re inclusive, approachable and show empathy. We’re willing to be vulnerable, sharing our fears, failures and learnings.
- Ownership - Xeros deliver on commitments. We do what we say we’ll do. We own our mistakes and take positive action. We move fast to get the right things done.
- Challenge - Xeros are curious. We think and dream big. We welcome challenging conversations and do it with respect. We lead and embrace change, seeking new and better ways.
- Beautiful - Xeros create experiences people love, and that inspire and delight. We do high-quality work and go the extra mile.
- Team - Xeros are great team players. We champion Xero’s purpose and priorities. We work together to do what’s best for Xero and our customers. We appreciate and celebrate each other and our successes.
Company HQ
Te Aro, Wellington, Wellington
Articles
Leadership
Rod Drury
(Founder)Previously Consultant at EY, Founder of Glazier System. Was CEO of AfterMail and Director at TradeMe. Also founded Pacific Fibre and was Director at NZX.
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