Compensation Partner, Retool
$101.9-230k
Salary dependent on candidates location
Low-code internal tools building software
Be an early applicant
Low-code internal tools building software
201-500 employees
Be an early applicant
$101.9-230k
Salary dependent on candidates location
201-500 employees
Company mission
Retool's mission is to create the future of internal software by making software development for engineers simpler and more accessible.
Role
Who you are
- 8-10 years of experience working in an HR function with compensation programs, benchmarking, surveys, administration, compliance and data analysis
- Extensive experience with HRIS systems, compensation management tools and advanced skills in Excel/Google Sheets programs
- Exceptional attention to detail and accuracy, excellent problem-solving, analytical, budgeting, and research skills
- Proven organizational skills, including balancing multiple responsibilities, and effectively meeting deadlines
- Effective communication and ability to influence stakeholders at all levels with a high level of responsiveness
- Experience with Radford and other compensation benchmarking data sets
- Knowledge of relevant employment laws and regulations
- Ability to handle confidential and sensitive data with the utmost integrity
- Well-versed understanding of equity compensation such as stock options and RSUs
What the job involves
- You’ll support our overall compensation philosophy, infrastructure and annual market analysis to determine our competitive pay positioning
- You'll also take on critical management of bi-annual performance cycles and year-end compensation planning, including merit review, HRIS administration, and company-wide communication
- This position not only provides analytical and strategic support to evolve Retool’s people programs, but helps ensure Retool’s business and people strategy are aligned to attract the best talent
- As a Compensation and People Analytics Partner, you will be a key member of our People Experience team and have the opportunity to help craft and maintain Retool’s compensation programs company-wide
- You will play an important role in evaluating, designing, and implementing Retool’s compensation policies
- Be responsible for advising and maintaining compensation infrastructure (base, bonus, and equity ranges) for new and existing hires
- Support the performance and compensation processes including the focal and mid-year reviews, promotions, pay equity analysis, etc
- Build and own central compensation modeling and budgeting initiatives with the finance team
- Continually review Retool’s compensation heuristics and comp philosophy to ensure they are in alignment with the company’s business and people strategy
- Ensure accurate data entry and integrity across Retool comp databases while advising on new automation opportunities
- Partner with internal team members to build, document, and maintain compensation-related guidelines, policies, workflows and procedures for our programs
- Provide counsel to People Business Partner and Talent Acquisition on compensation issues related to recruiting and candidate offers, as well as employee promotion, recognition, and retention actions
- Create tools and resources to drive stakeholder capability and build scalable efforts
- Have a direct relationship with outside consultants/vendors for annual survey submissions, contract renewals and data reporting
- Maintain a working knowledge of federal, state and local legislation that may affect compensation policies including minimum wage regulations for all geographic areas with Retool operations
- Lead special projects across a variety of areas such as job structure, pay transparency, management training and other various compensation related programs
Our take
Retool allows developers to build internal applications quickly using a complete set of ready-made building blocks. These internal applications can be used to display company data from a range of sources, including Redis, Salesforce, Google Cloud, and Slack.
For a monthly fee, the platform enables companies to save time that they would have otherwise spent on developing their own internal applications. Retool brands itself as 'low-code,' meaning that it is easy to use and customize. There is a huge demand for systems that allow teams to analyze the data they already have. Retool already counts brands such as Amazon, Philips, Peloton, NBC, and Mercedes-Benz as customers.
Retool was founded in 2017, and the company is now valued at over $1 billion. Founded by Oxford graduate David Hsu, the management team includes ex-Stripe and ex-Airbnb employees with plenty of experience in taking a company from a start-up to a global brand. Retool was awarded $45 million in Series C in 2022, which it is using to expand its workforce, tweak its platform, and develop new products.
Steph
Company Specialist at Welcome to the Jungle
Insights
38% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Jul 2022
$45m
SERIES C
Dec 2021
$20m
SERIES C
Total funding: $165.2m
Company benefits
- Competitive healthcare, dental and vision benefits
- Breakfast, lunch and dinner at our San Francisco and New York offices
- $1,200 annual stipend for anything learning-related (books, conferences, classes, etc.)
- $1,000 work-from-home-setup stipend
- Flexible PTO
- Family planning support and paid parental leave
- 401(k) Matching
- Mental health and wellness benefits
Company HQ
Civic Center, San Francisco, CA
Leadership
David Hsu
(CEO)David studied Philosophy and Computer Science at the University of Oxford, before founding Retool in 2017. He has served as CEO ever since.
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