Compensation Partner, Product & Engineering

Monograph; Remote; CAD 182,000 - 274,000; Full time

Job summary

A prominent financial services firm is looking for a Compensation Partner in Toronto. This role focuses on implementing compensation strategies and providing insights into compensation program effectiveness. Candidates should have over 5 years of experience in managing global compensation programs, strong analytical skills, and the ability to collaborate with diverse teams. The position offers remote work flexibility with competitive remuneration.

Benefits

Equity options

Medical, dental, vision benefits

401(k) plan

Qualifications

• 5+ years of experience in global compensation programs.
• Strong knowledge of compensation best practices and trends.
• Excellent analytical skills and attention to detail.

Responsibilities

• Implement compensation strategies.
• Partner with HR and management on compensation matters.
• Ensure compensation programs are effective and understood.

Skills

Data analysis

Communication

Strategic thinking

Problem-solving

Collaboration

Tools

Excel

Google Sheets

Job description

Who we are

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 Stripe 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, Product & Engineering 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
  

This role is available either in an office or a remote location (35+ miles or 56+ km from a Stripe office).

Office-assigned Stripes spend at least 50% of the time in a given month in their local office or with users. This hits a balance between bringing people together for in-person collaboration and learning from each other, while supporting flexibility about how to do this in a way that makes sense for individuals and their teams.

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 or plan to live.

The annual US base salary range for this role is $182,400 - $273,600. 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.

Office locations

South San Francisco HQ, New York, or Seattle

Remote locations

Remote in United States

Team

People Functions

Job type

Full time