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Senior Compensation Manager

Patreon
Los Angeles, United Statesfull_timeVerifiedPosted 18 Sept 2023
💰 $142,000/yr

About the role

Patreon is the best place for creators to build memberships by providing exclusive access to their work and a deeper connection with their communities. We’re building a content and community platform where creators can engage directly with their fans and monetize their creativity, while maintaining full ownership over the work they make and the communities they create.

We’re leaders in the membership space with 250,000+ active creators and over $3.5 billion paid directly to creators on our platform. Our team is building tools to optimize the creator-to-fan relationship, including native video, enhanced podcasting features, improved creation tools, and new community experiences. We’re continuing to invest heavily in building the most talented team in the Creator Economy and are looking for a Senior Compensation Manager to support our mission.

This role is based in San Francisco or NYC and open to those who are able to be in-office 2 days per week on a hybrid work model.

About the Role

Key Responsibilities:

  • Compensation Strategy Development: Lead the development and execution of Patreon’s compensation strategy, aligning it with the company’s objectives and market trends. Regularly assess and adjust compensation structures to attract, motivate, and retain high-performing employees.

  • Market Research and Benchmarking: Manage the benchmarking review process by conducting thorough market analysis to understand industry compensation trends, both domestically and internationally. Utilize benchmarking data to ensure Patreon’s compensation remains competitive and compelling.

  • Total Rewards Enhancement: Collaborate with HR, leadership, and benefits team to design and enhance Patreon’s total rewards framework, including base salary, variable pay, equity programs, and benefits, to ensure a comprehensive and appealing package for employees.

  • Equity Program Management: Oversee Patreon’s equity program design, including stock options and other equity-based incentives. Manage equity pool and spend. Educate employees on equity programs and support them in understanding the long-term value.

  • Compensation Planning and Review Cycles: Manage various compensation planning processes, including the annual review cycle, mid-year review, pay equity analysis, and  bonus payouts. Ensure a fair and transparent process that aligns with budgetary guidelines.

  • Compensation Surveys and Tools: Ensure the data and tooling used at Patreon are the most accurate, relevant, and up to date.

  • Data Analysis and Insights: Leverage data and analytics to provide insights on compensation trends, cost projections, and potential areas for improvement. Develop reports and dashboards to communicate compensation-related metrics to leadership.

  • Collaboration and Partnerships: Collaborate closely with PBPs, Finance, Legal, and Talent Acquisition teams to ensure seamless execution of compensation programs. Provide guidance on compensation-related matters to enable effective decision-making.

  • Compliance and Governance: Stay up-to-date with relevant labor laws and regulations to ensure that Patreon’s compensation programs remain compliant. Maintain accurate documentation of compensation-related policies and practices.

  • Communication and Education: Develop communication strategies to educate employees about the company’s compensation philosophy, practices, and changes. Address employee inquiries related to compensation in a timely and professional manner.

  • Team Leadership: Develop, coach, and engage team member(s) to foster their growth and development.

About You

  • Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field. Master’s degree is a plus.

  • 7+ years of progressive experience in compensation, with at least 2 years in a leadership or managerial role.

  • Deep understanding of compensation theories, methodologies, and best practices.

  • Experience with equity program management.

  • Strong analytical skills, including proficiency in data analysis and utilization of compensation survey data.

  • Exceptional communication skills with the ability to present complex information clearly and persuasively.

  • Extremely data driven, thorough, and meticulous.

  • Demonstrated experience in developing and implementing compensation strategies aligned with business goals.

  • Knowledge of relevant labor laws and regulations related to compensation.

  • Proficiency in compensation-related software and tools.

About Patreon

Patreon powers creators to do what they love and get paid by the people who love what they do. Ou

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