As a Sales Compensation Analyst, your main responsibility is to manage designing, implementing, and evaluating compensation programs across the organisation. You will work closely with HR business partners, Sales and Rev Ops management and Finance, to analyse the impact of a wide range of compensation options. The compensation analyst will research current market practices, measure the effectiveness of existing plans, and evaluate current and future opportunities.
In this Compensation Analyst role, your responsibilities include analyzing our existing packages and strategies and making relevant updates to ensure they comply with current regulations and legislation. Ultimately, you will build fair and attractive compensation and benefits plans that help us improve employee satisfaction and create a productive workplace.
- Design compensation packages and bonus/commission programs that align with the company’s strategic plan
- Identify trends and implement new practices to engage and motivate employees
- Responsible for compliance and governance of plan operations.
- Conducting proactive competitive analysis and recommending updates as necessary in line with market trends and findings.
- Keep track of prevailing pay rates and make sure we offer competitive compensation plans
- Structure compensation in ways that will yield the highest value for the organisation
- Assessing and updating current benefits and compensation package procedures and policies.
- Resolving compensation-related issues.
- Preparing reports and presentations.
YOU MIGHT BE A FIT IF YOU HAVE:
- 3+ years of professional work experience, expert technical knowledge of experience working with compensation and commission function in a SaaS company
- Experience in a Compensation or Payroll Analyst /Administrator role
- Experience within a Compensation/Reward function
- Strong Excel modeling and presentation skills
- A good appreciation of the behavioral effects of remuneration design
- Excellent collaboration skills and ability to work with cross-functional teams
- Proficiency with salesforce.com and Xactly commission tool
- Experience with CPQ tools and their implementation is a plus.
We-re looking for someone who can live our values
- GRIT - Problem-solving and perseverance capability in an ever-changing and growing environment
- TRUST - Willingness to trust our co-workers and to take ownership
- CANDOR - Ability to receive and give constructive feedback.
- CARE - Genuine care about other team members, our clients and the decisions we make in the company.
- HUMILITY- Aptitude for learning from others, putting ego aside.
REMOTE STRATEGY:
Algolia’s flexible workplace model is designed to empower all Algolians to fulfill our mission to power search and discovery with ease. We place an emphasis on an individual’s impact, contribution, and output, over their physical location. Algolia is a high-trust environment and our team members have the autonomy to choose where they want to work and when. We know community comes in many forms and strive to create opportunities for intentional in-person connection in our offices and virtually for our remote colleagues around the world.
We have a global presence with physical offices in Paris, NYC, London, Sydney and Bucharest.
ABOUT US:
Algolia prides itself on being a pioneer and market leader offering an AI Search solution that empowers 17,000+ businesses to compose customer experiences at internet scale that predict what their users want with blazing fast search and web browse experience. Algolia powers more than 30 billion search requests a week – four times more than Microsoft Bing, Yahoo, Baidu, Yandex and DuckDuckGo combined.
Algolia is part of a cadre of innovative new companies that are driving the next generation of software development, creating APIs that make developers’ lives easier; solutions that are better than building from scratch and better than having to tweak monolithic SaaS solutions.
In 2021, the company closed $150 million in series D funding and quadrupled its post-money valuation of $2.25 billion. Being well capitalized enables Algolia to continue to invest in its market leading platform, to better serve its thousands of customers–including Under Armor, Petsmart, Stripe, Gymshark, and Walgreens, to name just a few.
WHO WE'RE LOOKING FOR:
We’re looking for talented, passionate people to build the world’s best search & discovery technology. As an ownership-driven company, we seek team members who thrive within an environment based on autonomy and diversity. We're committed to building an inclusive and diverse workplace. We care about each other and the world around us, and embrace talented people regardless of their race, age, ancestry, religion, sex, gender identity, sexual orientation, marital status, color, veteran status, disability and socioeconomic background.
READY TO APPLY?
If you share our values and our enthusiasm for building the world’s best search & discovery technology, we’d love to review your application!
Top Skills
What We Do
Algolia is the search-as-a-service platform that enables companies of all sizes to deliver fast and relevant digital experiences that drive real results. With Algolia, consumers are able to find and discover what they want easily across web, mobile, and voice. Algolia allows developers and business teams to build and optimize engaging search experiences to increase online engagement, conversion and revenue.
Founded in 2012, we're backed by over $175M in funding from Accel Partners, Alven Capital, Point Nine Capital, Storm Ventures, Salesforce Ventures and others. Our most recent fundraising round was our Series D in 2021 in which we raised $150 million. The team is headquartered in San Francisco with offices in Paris, London, New York City, Bucharest and Sydney. To learn more, visit www.algolia.com.
