Compensation Business Partner, Core
Stripe · United States
- Hybrid
- Full-time
- $172,900 / year
- United States
Job highlights
- Implement global compensation strategy and philosophy.
- Partner with HR, Recruiters, Managers, and Executives.
- Analyze market data for competitive compensation ranges.
- Develop and manage compensation programs and processes.
- Communicate compensation programs to all levels.
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
- Global Compensation
- HR Business Partnering
- Market Data Analysis
- Excel/Google Sheets
- Data Analysis
- Compensation Strategy
- Influencing Skills
- Customer Service
- Problem-Solving
Skills & topics
- Compensation Business Partner
- Compensation
- HR
- Human Resources
- Total Rewards
- Benefits
- Global Compensation
- Compensation Analysis
- Market Data
- Excel
- Google Sheets
- Technology
- Finance
- Stripe
How to get hired
- Customize your resume: Highlight your 5+ years of global compensation experience in high-growth tech environments.
- Showcase analytical skills: Emphasize your proficiency in Excel/Google Sheets and complex model building.
- Demonstrate influencing ability: Provide examples of advising senior leaders on compensation matters.
- Align with Stripe's mission: Express your understanding of increasing the GDP of the internet and contributing to Stripe's goals.
- Prepare for remote work: Understand and articulate your suitability for a remote work arrangement.
Technical preparation
Behavioral questions
Frequently asked questions
- What is the typical career path for a Compensation Business Partner at Stripe?
- While specific paths vary, a Compensation Business Partner at Stripe can progress into senior compensation roles, lead compensation strategy for specific business units, or move into broader HR leadership positions. The company values internal growth and provides opportunities to expand your expertise in compensation and total rewards.
- How does Stripe ensure its compensation programs remain competitive?
- Stripe actively analyzes market data and compensation trends to ensure their ranges are competitive and aligned with their people strategy. They partner closely with external data providers and internal stakeholders to maintain objectivity and accuracy in their compensation decisions, ensuring they attract and retain top talent globally.
- What is Stripe's approach to remote work for a Compensation Business Partner?
- Stripe supports remote work for this role, defined as living 35 miles or more from an office. While remote employees are welcome to visit offices for events, the expectation is regular work from home. Stripe does not cover relocation costs for remote assignments.
- Can I apply for the Compensation Business Partner role if I'm not located in the US?
- Yes, applicants not located in the US can apply. You can request the annual salary range for your specific location during the interview process, as compensation may vary by region. Stripe aims to be competitive globally.
- What are the key technical skills required for the Compensation Business Partner role?
- Essential technical skills include proven analytical abilities, a keen eye for detail, and in-depth knowledge of Excel/Google Sheets, particularly for building and maintaining complex models. A strong understanding of compensation best practices and market benchmark data is also crucial.
- How does Stripe handle compensation for sales roles versus other roles?
- For sales roles, the stated salary range represents On Target Earnings (OTE), which includes base salary and target commissions/bonuses. For non-sales roles, the range primarily reflects the annual base salary, though other benefits like equity and company bonuses may apply.
- What does Stripe mean by 'increasing the GDP of the internet'?
- This mission signifies Stripe's commitment to building the economic infrastructure that enables businesses of all sizes to participate in and benefit from the global digital economy. It's about empowering businesses to grow, innovate, and reach customers online more effectively.