Compensation Business Partner, Core
Stripe · United States
- Hybrid
- Full-time
- $172,900 / year
- United States
Job highlights
- Implement global compensation strategy and programs.
- Partner with HR, Recruiters, Managers, and Executives.
- Analyze market data for competitive compensation ranges.
- Ensure clear communication of compensation programs.
- Leverage strong analytical and influencing skills.
About the role
About Stripe
Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone’s reach while doing the most important work of your career.
About The Team
Stripe's Compensation Team plays a pivotal role in driving the company's people strategy. As strategic partners to the business, we strive to demystify compensation programs and processes, enabling Stripes to focus on their core responsibilities. We take pride in our ability to design and implement compensation offerings that not only attract top-tier talent but also foster long-term engagement and retention. Our work ensures that Stripe remains competitive in the global talent market, empowering the organization to build and maintain a world-class workforce dedicated to advancing Stripe's ambitious goals.
What you’ll do
The Compensation Partner will be responsible for the implementation and integration of our compensation strategy. Ideally, this person thrives in a fast-paced environment and naturally operates with a strategic mentality and an orientation towards problem-solving. They will closely partner with cross-functional teams, and align Stripe’s compensation philosophy with business strategy.
Responsibilities
- Implement Stripe’s rewards philosophy and principles in compensation related decisions and processes
- Act as a strategic partner to HR Business Partners, Recruiters, Managers, and the Executive team on all compensation matters
- Conduct analyses of market data in order to ensure compensation ranges are aligned to market and supporting the company’s people strategy
- Be data driven and stand for objectivity, independent decision taking, utmost credibility, and trustworthiness
- Ensure Stripe’s compensation programs are well communicated and understood across leadership, management, and individual contributors
Who you are
We’re looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply.
Requirements
- At least 5+ years of work experience in developing and managing global compensation programs and processes for both public and private companies, preferably in a high-growth, scaling, technology environment
- A strong understanding of compensation best practices, current compensation trends, and market benchmark data
- Applies user-centered design principles to deliver improved processes and experiences
- Proven analytical skills, keen eye for detail, and have truly in-depth knowledge of Excel/Google Sheets including building and maintaining complex models
- The ability to communicate across diverse groups with clear, approachable, and collaborative style
- Strong influencing skills with the ability to communicate clearly and confidently when advising senior leaders
- A deep commitment to excellent customer service, empathy, and discretion
- Can balance multiple, sometimes conflicting priorities; approaching challenges with a positive, solution-oriented attitude
Working remotely at Stripe
A remote location is defined as being 35 miles (56 kilometers) or more from one of our offices. While you would be welcome to come into the office for team/business meetings, on-sites, meet-ups, and events, our expectation is you would regularly work from home rather than a Stripe office. Stripe does not cover the cost of relocating to a remote location. We encourage you to apply for roles that match the location where you currently live or plan to live.
Pay and benefits
The annual US base salary range for this role is $138,300 - $207,500. For sales roles, the range provided is the role’s On Target Earnings ("OTE") range, meaning that the range includes both the sales commissions/sales bonuses target and annual base salary for the role. This salary range may be inclusive of several career levels at Stripe and will be narrowed during the interview process based on a number of factors, including the candidate’s experience, qualifications, and location. Applicants interested in this role and who are not located in the US may request the annual salary range for their location during the interview process.
Additional benefits for this role may include: equity, company bonus or sales commissions/bonuses; 401(k) plan; medical, dental, and vision benefits; and wellness stipends.
Key skills/competency
- Compensation Programs
- HR Business Partnering
- Market Data Analysis
- Compensation Strategy
- Excel/Google Sheets
- Data Analysis
- Influencing Skills
- Customer Service
- Problem-Solving
- Global Compensation
Skills & topics
- Compensation
- HR
- Business Partner
- Finance
- Strategy
- Analysis
- Excel
- Google Sheets
- Global
- Technology
How to get hired
- Tailor your resume: Highlight your 5+ years in global compensation, tech, and high-growth environments.
- Showcase analytical skills: Emphasize proficiency in Excel/Google Sheets for complex modeling.
- Demonstrate influencing ability: Provide examples of advising senior leaders on compensation.
- Emphasize customer service: Detail your approach to empathy, discretion, and collaboration.
- Apply proactively: Submit your application highlighting your strategic and problem-solving approach.
Technical preparation
Behavioral questions
Frequently asked questions
- What are the key responsibilities for a Compensation Business Partner at Stripe?
- As a Compensation Business Partner at Stripe, you will be instrumental in implementing and integrating the company's compensation strategy. This involves acting as a strategic partner to HR Business Partners, Recruiters, Managers, and the Executive team on all compensation matters. You'll conduct market data analyses to ensure compensation ranges are competitive and aligned with the company's people strategy, and ensure compensation programs are well communicated and understood across all levels of the organization. Your role also requires you to be data-driven, uphold objectivity, and maintain utmost credibility and trustworthiness.
- What qualifications are essential for the Compensation Business Partner role at Stripe?
- To be considered for the Compensation Business Partner role at Stripe, you'll need at least 5 years of experience in developing and managing global compensation programs, ideally within a high-growth technology setting. A strong understanding of compensation best practices, current trends, and market benchmark data is crucial. You should possess proven analytical skills, a keen eye for detail, and advanced knowledge of Excel/Google Sheets for complex modeling. Excellent communication, influencing skills, a collaborative style, and a commitment to customer service, empathy, and discretion are also highly valued.
- How does Stripe approach remote work for this role?
- Stripe defines a remote location as being 35 miles or more from any of their offices. While you are welcome to visit offices for meetings and events, the expectation is that you will primarily work from home. Stripe does not cover relocation costs for remote work, so it's encouraged to apply for roles in your current or planned living location. This arrangement allows for flexibility while maintaining connection to the company culture.
- What is the salary range and benefits for the Compensation Business Partner position?
- The annual US base salary range for this Compensation Business Partner role is $138,300 to $207,500. This range may accommodate various career levels and will be refined during the interview process based on factors like experience, qualifications, and location. Additionally, Stripe offers a comprehensive benefits package that may include equity, company bonus or sales commissions/bonuses, a 401(k) plan, medical, dental, and vision benefits, and wellness stipends, further enhancing the total compensation.
- How important are analytical skills and Excel proficiency for this Compensation Business Partner job at Stripe?