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Forshay stands for people doing their best work, on teams with diverse backgrounds that foster creativity, leading to stronger business results.

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Principal Compensation Partner

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Job Description

Our client, a music streaming service is looking for a talented professional and team player to join their Compensation team in a high-level individual contributor role, reporting to the Compensation Director. The common goal is to enrich lives by delivering effortless personalized music enjoyment and discovery. Collaboration is the foundation of their workforce, and they are looking for smart individuals who are self-motivated and passionate to join them. Be a part of the engine that creates the soundtrack to life.

People—the listeners, the artists, and their employees—are at the center of their mission and everything they do. The company’s pay programs represent their major investment in people. The team is charged with developing and implementing the company’s compensation strategies. 

They enable their business leaders to engage, focus and support the people helping them achieve desired results. They are looking for an “A” player; someone capable of handling a variety of functional responsibilities. In this role, you will be the primary analyst working with the Sr. Director, C&B, and Director, Compensation, on potentially all aspects of compensation.  You will be helping us design and assess the pay programs, and implementing changes. 

The company is committed to continuous process improvement, so an optimization mindset will serve you well in this role.  As a senior member of the team you will lead medium to large scale cross-functional projects, so program management experience is highly desired.  You will also be a Compensation Partner for selected business groups and will interact regularly with HR Technology, Recruiting and HR Business Partner teams in a fast-paced and constantly evolving environment.

Our client wants an individual with a “can-do” attitude who is a fast learner, hardworking, organized, detailed, passionate about their work, energetic and ready to make a big impact.  The ideal candidate is personable, approachable and collaborative in all of their working relationships.  How you work is just as important as what you produce.

Responsibilities:

  • Collaborate with HR Business Partners and management to address business unit compensation needs and programs
  • Evaluate the effectiveness of company-wide compensation programs and drive improvements
  • Drive the annual and midyear compensation review processes
  • Respond to compensation-related questions from HR Business Partners, Recruiters and Managers
  • Drive the development of base salary, bonus and equity programs
  • Continually assess the compensation framework, including job structure, grade structure and salary ranges by identifying trends and making recommendations for changes, as appropriate
  • Contribute to the development of compensation policies and practices
  • Participate in compensation surveys and provide analysis of competitive positioning
  • Perform ad hoc analysis to support business needs
  • Improve Compensation competency among HR and managers through training and developing tools for use in the delivery of compensation programs
  • Partner with HR Technology on compensation-related projects
  • Provide as-needed support for executive compensation, equity and other special programs

 

Key Qualifications:

  • Bachelor’s degree and 5+ years of broad-based Compensation experience; Technology industry experience preferred
  • 2+ years of Program Management experience (compensation review cycles) is a plus
  • Highly collaborative style and strong team orientation
  • Energetic, self-starter with the ability to successfully manage multiple priorities in a fast-paced environment
  • Exceptional knowledge of and capabilities in Excel
  • Demonstrated analytical skills
  • Strong interpersonal skills and influencing ability
  • Excellent communication and presentation skills
  • High integrity and ethics in handling confidential information
  • Ability to get involved in the details while maintaining broader view
  • Attention to detail and commitment to excellence
  • Knowledge of relevant regulatory issues
  • Ability to achieve results with a high level of accuracy and attention to detail
  • Workday experience is a plus
Category
Executive/Senior Level Officials and Managers
Function
Human Resources