Compensation Analyst

OpenKrill; United States; Remote; USD 80,000 - 110,000; Full time

Benefits offered by this job

Unlimited PTO

Health benefits

Equity compensation

401k with match

Offsite retreats

Job summary

Hims & Hers is a leading health and wellness platform focused on affordable, accessible care and personalized solutions. We are hiring a Compensation Analyst to design, implement, and administer our compensation programs within the Total Rewards team.

This 6-month temporary role reports to the Sr. Manager, Compensation and involves data-driven analysis, benchmarking, and collaboration with HR, Payroll, and cross-functional teams to ensure market-competitive pay structures and policy compliance.

Qualifications

• Bachelor's degree required.

Responsibilities

• Perform job evaluations and analysis of jobs, compensation benchmarking, data collection, base salaries and incentives to evaluate internal equity, external competitiveness, and legal compliance of pay practices.
• Reviews and analyzes job duties to determine scope of work including assessing and evaluating jobs to determine grade, classification, and market value for new positions, as well as requests for compensation increase, structure, grade, and title changes.
• Provides analysis and counsel to management on compensation programs and initiatives related to pay structures, pay incentives, pay change recommendations, new hire offers, and wage and hour regulations.
• Develop and implement salary administration, compensation policies, and variable pay plans for salary administration including policy review and pay structure development.
• Assists with annual merit increases and other projects by working with HR, Payroll, and cross functional teams to ensure goals are achieved.
• Compiles salary survey submission files, performs job matching, maintains market pay system data integrity, and audits data regularly.
• Acts as a main contact for day-to-day compensation matters, including answering queries to a functional inbox.
• Maintains and updates job description library and HR data in systems for new and changed roles.

Skills

Data analysis

Analytical thinking

Attention to detail

Effective communication

Education

Bachelor's degree

Tools

Excel

Google Sheets

Job description

Hims & Hers is the leading health and wellness platform, on a mission to help the world feel great through the power of better health. We are redefining healthcare by putting the customer first and delivering access to care that is affordable, accessible, and personal, from diagnosis to treatment to delivery. No two people are the same, so we provide access to personalized care designed for results. By normalizing health & wellness challenges and innovating on their solutions, we’re making better health outcomes easier to achieve.

Hims & Hers is a public company, traded on the NYSE under the ticker symbol “HIMS.” To learn more about the brand and offerings, you can visit hims.com/about http://hims.com/about and hims.com/how-it-works http://hims.com/how-it-works . For information on the company’s outstanding benefits, culture, and its talent-first flexible/remote work approach, see below and visit www.hims.com/careers-professionals http://www.hims.com/careers-professionals.

ABOUT THE ROLE:

The Compensation Analyst is an integral part of a H&H's Total Rewards team. This includes design, implementation and administration of compensation programs, policies, and procedures to ensure compensation strategies support and reinforce business strategies. This is a 6-month temporary role that reports to the Sr. Manager, Compensation

YOU WILL:

• - Perform job evaluations and analysis of jobs, compensation benchmarking, data collection, base salaries and incentives to evaluate internal equity, external competitiveness, and legal compliance of pay practices.
• - Reviews and analyzes job duties to determine scope of work including assessing and evaluating jobs to determine grade, classification, and market value for new positions, as well as requests for compensation increase, structure, grade, and title changes.
• - Provides analysis and counsel to management on compensation programs and initiatives related to pay structures, pay incentives, pay change recommendations, new hire offers, and wage and hour regulations.
• - Continually evaluate for and implement process efficiencies.
• - Examine compensation trends and develop recommendations supporting business initiatives.
• - Assists in the development and implementation of salary administration, compensation policies, and variable pay plans (e.g., merit, pay incentives, bonuses, equity awards, etc.) for salary administration including policy review and pay structure development.
• - Assists with annual merit increases and other similar projects by working collaboratively with HR, Payroll, and cross functional teams to ensure project goals are achieved.
• - Compiles salary survey submission files, performs job matching, responsible for market pay system maintenance and administration, ensuring accurate market data and internal data validation. Responsible for auditing data on a regular basis.
• - Acts as a main contact for day-to-day compensation matters, including monitoring and answering queries to a functional email inbox.
• - Maintains and updates job description library and job data in appropriate HR systems for new Company roles and changes to existing roles, ensuring consistency among functions.
• - Maintains HR data tools integrity by ensuring the accurate and consistent input of data. Performs regular audits and addresses data concerns.
• - Coordinates and assists with human resource projects, programs, and special assignments.
• - Develop, analyze, and maintain complex Excel reports to support data analysis.

YOU HAVE:

• - Bachelors Degree
• - 4-6 years of related experience
• - Knowledge of compensation principles and procedures.
• - Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
• - Completing assignments accurately and with attention to detail.
• - Intermediate to advanced Excel and Google Sheet functions
• - Ability to communicate effectively in both oral and written form.

OUR BENEFITS (THERE ARE MORE BUT HERE ARE SOME HIGHLIGHTS):

• - Competitive salary & equity compensation for full-time roles
• - Unlimited PTO, company holidays, and quarterly mental health days
• - Comprehensive health benefits including medical, dental & vision, and parental leave
• - Employee Stock Purchase Program (ESPP)
• - 401k benefits with employer matching contribution
• - Offsite team retreats

We are committed to building a workforce that reflects diverse perspectives and prioritizes ethics, wellness, and a strong sense of belonging.

Hims considers all qualified applicants for employment, including applicants with arrest or conviction records, in accordance with the San Francisco Fair Chance Ordinance, the Los Angeles County Fair Chance Ordinance, the California Fair Chance Act, and any similar state or local fair chance laws.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Hims & Hers is committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If you need assistance or an accommodation due to a disability, please contact us at [e-mail] and describe the needed accommodation. Your privacy is important to us, and any information you share will only be used for the legitimate purpose of considering your request for accommodation. Hims & Hers gives consideration to all qualified applicants without regard to any protected status, including disability. Please do not send resumes to this email address.

To learn more about how we collect, use, retain, and disclose Personal Information, please visit ourGlobal Candidate Privacy Statement https://www.hims.com/global-candidate-privacy-statement.