Senior Compensation Partner

Company Description
Etsy is the global marketplace for unique and creative goods. We build, power, and evolve the tools and technologies that connect millions of entrepreneurs with millions of buyers around the world. As an Etsy Inc. employee, whether a team member of Etsy, Reverb, or Depop, you will tackle unique, meaningful, and large-scale problems alongside passionate coworkers, all the while making a rewarding impact and Keeping Commerce Human.

Salary Range:

$139,000.00 - $181,000.00

What’s the role?

We are seeking an experienced and analytical Senior Compensation Partner to join our dynamic Human Resources team. The successful candidate will play a crucial role in designing, implementing, and managing our compensation programs to attract, motivate, and retain top talent. This role requires a strategic problem solver with a deep understanding of compensation practices, market trends, and regulatory requirements. As a key member of the Total Rewards team, you will partner to keep Etsy’s pay for performance plans competitive, reportable, and aligned with the company’s overall business strategy.

This is a full-time position reporting to the Senior Manager of Compensation. In addition to salary, you will also be eligible for an equity package, an annual performance bonus, and our competitive benefits that support you and your family as part of your total rewards package at Etsy. 

This role requires your presence in Etsy’s Brooklyn Office once or twice per week depending on your proximity to the office. Candidates living within commutable distance of Etsy’s Brooklyn Office Hub may be the first to be considered. Learn more details about our  work modes and workplace safety policies here.

What’s this team like at Etsy?

This team is a small, yet dynamic, collaborative team focusing on crafting the strategy, frameworks, and processes behind how we reward new and existing talent in a market competitive, transparent and equitable way. 

 

What does the day-to-day look like?

Compensation Strategy and Analysis

• Develop and lead comprehensive compensation programs, including salary structures, incentive plans, and bonus schemes.

• Conduct thorough market analyses to ensure appropriate positioning and internal equity.

• Analyze compensation data to identify trends, issues, and opportunities for improvement.
   

Program Management

• Coordinate the implementation and administration of compensation programs, ensuring alignment with company goals and compliance with legal requirements.

• Lead annual compensation review processes, including merit increases, promotions, and bonus distributions.

• Collaborate with HR business partners and senior leadership to address compensation-related matters.
   

Data Management and Reporting

• Maintain accurate and up-to-date compensation data in HR systems.

• Prepare detailed reports and presentations on compensation trends, metrics, and program effectiveness.

• Apply data analytics to provide insights and recommendations to senior management.
   

Policy Development and Compliance

• Develop and update compensation policies and procedures to ensure they reflect best practices and align with relevant laws and regulations.

• Ensure adherence to compensation guidelines and practices across the organization.

• Provide direction and training to HR and management teams on compensation-related topics.

Stakeholder Collaboration

• Partner with Talent Acquisition, Finance, and other departments to ensure alignment of compensation programs with organizational objectives.

• Serve as a subject matter expert on compensation, providing advice and support to managers and employees.

• Participate in cross-functional projects and initiatives related to total rewards and employee engagement.

Of course, this is just a sample of the kinds of work this role will require! You should assume that your role will encompass other tasks, too, and that your job duties and responsibilities may change from time to time at Etsy's discretion, or otherwise applicable with local law.

Qualities that will help you thrive in this