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Compensation Senior Analyst

Stitch Fix
Remote, USA, United StatesRemotefull_timeVerifiedPosted 14 Dec 2024
💰 $161,000/yr($109,500/yr$161,000/yr)

About the role

About Stitch Fix, Inc.

Stitch Fix (NASDAQ: SFIX) is the leading online personal styling service that helps people discover the styles they will love that fit perfectly so they always look - and feel - their best. Few things are more personal than getting dressed, but finding clothing that fits and looks great can be a challenge. Stitch Fix solves that problem. By pairing expert stylists with best-in-class AI and recommendation algorithms, the company leverages its assortment of exclusive and national brands to meet each client's individual tastes and needs, making it convenient for clients to express their personal style without having to spend hours in stores or sifting through endless choices online. Stitch Fix, which was founded in 2011, is headquartered in San Francisco.

About the Team

The People and Culture team is committed to creating a fulfilling and inspiring place to work for all of the people who deliver the client experience - from our warehouse team to tech talent to merchants to stylists. We pride ourselves on creating a fun and collaborative environment where we solve problems together. We are looking for people who are bright, kind and motivated by challenge to join our team and model the culture we seek to create!

About the Role

As a Compensation Senior Analyst at Stitch Fix, you will support the Total Rewards function in identifying ways to improve our compensation processes. You’ll have the opportunity to work closely with the People & Culture leadership team to bring to life innovative compensation programs in alignment with our vision and values. Additionally, you will play a key role in supporting compensation initiatives tailored for our Warehouse and Stylist populations, ensuring that compensation programs align with the unique needs of these functions.

You're excited about this opportunity because you will…

  • Contribute to the design and evolution of compensation programs for both salaried and hourly employees, with a focus on our Warehouse and Stylist roles.
  • Analyze compensation data and benchmark Warehouse and Stylist roles to ensure competitiveness within the industry.
  • Develop and manage incentive and bonus programs tailored for distribution centers and logistics teams.
  • Create and present education and communication materials regarding our compensation and equity programs for managers and employees.
  • Bring a data-driven lens to all that you do, leveraging your analytical skills by designing models, formulating insights, and storytelling with data.
  • Work collaboratively across cross-functional teams within P&C, Finance, Legal, and Operations to ensure compensation aligns with business goals.
  • Ensure compliance with labor laws and regulations in all compensation-related decisions, particularly within high-volume hourly workforce settings.
  • Take on a critical role on a team that’s highly innovative, with a clear vision and deep commitment to our compensation philosophy. Lean into a broad scope of work that includes salary and incentive programs, rewards and recognition, and executive compensation.

We’re excited about you because…

  • You have a growth mindset – you’re constantly thinking about how to work smarter and take on the next challenge.
  • You have 5+ years of experience in compensation, including job matching, job pricing, and working with high-volume hourly workforces, preferably supporting Warehouses and  distribution sectors.
  • You have experience designing and managing variable cash compensation programs, including short-term incentives, bonus structures, and commission plans, ensuring alignment with business objectives and market competitiveness.
  • You have strong knowledge of compensation principles and labor market trends, particularly within warehouse and logistics functions.
  • You are proficient in Excel and Google Sheets, including advanced skills such as VLOOKUPs, pivot tables, and data reporting.
  • You have experience creating compensation training materials and effectively presenting them to various business audiences, including managers, business partners, and other stakeholders.
  • You have strong analytical skills with the ability to effectively interpret data and create meaningful, understandable models, reports, and metrics.
  • You have in-depth knowledge of supply chain operations and labor regulations (e.g., FLSA, wage laws) and experience managing compensation initiatives like shift differentials, overtime, and incentive programs.
  • You thrive working in a fast-pac

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Company

Stitch Fix

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