Senior Compensation Manager

Patreon•San Francisco, CA

1d•$156,000 - $310,000•Hybrid

About The Position

Patreon is seeking a Senior Compensation Manager to support its mission of funding the creative class. This role will be responsible for developing and executing Patreon’s compensation strategy, ensuring it aligns with company objectives and market trends. The position involves managing market analysis, enhancing the total rewards framework, overseeing the equity program, and managing compensation planning processes. The Senior Compensation Manager will also be responsible for ensuring data accuracy, providing analytical insights, collaborating with various teams, maintaining compliance, and educating employees on compensation practices. Additionally, this role includes team leadership responsibilities.

Requirements

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

Nice To Haves

Master’s degree is a plus.

Responsibilities

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.
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.
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.
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.
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.
Ensure the data and tooling used at Patreon are the most accurate, relevant, and up to date.
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.
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.
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.
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.
Develop, coach, and engage team member(s) to foster their growth and development.