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Compensation Partner

Block

Block

Operations
New York, NY, USA
Posted on Thursday, May 30, 2024

Company Description

Block is one company built from many blocks, all united by the same purpose of economic empowerment. The blocks that form our foundational teams — People, Finance, Counsel, Hardware, Information Security, Platform Infrastructure Engineering, and more — provide support and guidance at the corporate level. They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new initiatives, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.

Job Description

Block is looking for a Compensation Partner to support its growing population and work with HR, Talent Acquisition, F&S and the Total Rewards team to ensure our compensation programs continue to drive results and operate effectively.

You will be the keystone to efficient partnership within the Square BU and will work closely with HR, Comp & F&S on new solutions to ensure that our compensation program is aligned with talent and business strategy, simple and competitive.

You will:

  • Establish and maintain excellent relationships with key stakeholders to align and advise on compensation strategies

  • Assist with the delivery of the annual compensation cycle

  • Review new hire offers and provide offer support/consultation to Talent Acquisition

  • Refine and maintain reporting and tools used by HRBPs and Talent teams

  • Manage and resolve inbound compensation data/reporting requests from key stakeholders (HR, Talent, Finance, Payroll, Stock Admin, Legal)

  • Ensure fairness and consistency in our daily compensation needs (offers, internal transfers, relocations)

  • Conduct market research and analysis to derive insights and recommendations

  • Advise HR Partners and recruiters on compensation programs and concerns such as base pay adjustments and other job evaluations

  • Provide support for compensation programs (merit/promotion cycles), communications updates, etc.

  • Partner on special compensation projects (e.g., process improvement, policy implementation, analytics, etc.)

Qualifications

You have:

  • 5+ years of experience in compensation, finance, or other HR analytical role

  • Advanced Google Sheets or Excel skills with the ability to effectively analyze data

  • Demonstrated ability to work independently and within a team, conduct research, formulate conclusions, and present conclusions regarding business issues

  • Strong verbal, written and interpersonal skills to communicate and explain compensation philosophy, program design, and recommendations effectively

  • Excellent prioritization skills and attention to detail; you thrive in a fast-paced environment with rapidly changing business needs

Additional Information

Block takes a market-based approach to pay, and pay may vary depending on your location. U.S. locations are categorized into one of four zones based on a cost of labor index for that geographic area. The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future.

Zone A: USD $129,000 - USD $193,600
Zone B: USD $119,900 - USD $179,900
Zone C: USD $113,600 - USD $170,400
Zone D: USD $103,200 - USD $154,800

Amounts listed above include target variable compensation.

To find a location’s zone designation, please refer to this resource. If a location of interest is not listed, please speak with a recruiter for additional information.

Full-time employee benefits include the following:

  • Healthcare coverage (Medical, Vision and Dental insurance)
  • Health Savings Account and Flexible Spending Account
  • Retirement Plans including company match
  • Employee Stock Purchase Program
  • Wellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowance
  • Paid parental and caregiving leave
  • Paid time off (including 12 paid holidays)
  • Paid sick leave (1 hour per 26 hours worked (max 80 hours per calendar year to the extent legally permissible) for non-exempt employees and covered by our Flexible Time Off policy for exempt employees)
  • Learning and Development resources
  • Paid Life insurance, AD&D, and disability benefits

These benefits are further detailed in Block's policies. This role is also eligible to participate in Block's equity plan subject to the terms of the applicable plans and policies, and may be eligible for a sign-on bonus. Sales roles may be eligible to participate in a commission plan subject to the terms of the applicable plans and policies. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.

US and Canada EEOC Statement

We’re working to build a more inclusive economy where our customers have equal access to opportunity, and we strive to live by these same values in building our workplace. Block is a proud equal opportunity employer. We work hard to evaluate all employees and job applicants consistently, without regard to race, color, religion, gender, national origin, age, disability, pregnancy, gender expression or identity, sexual orientation, citizenship, or any other legally protected class.

We believe in being fair, and are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter, who will treat these requests as confidentially as possible. Want to learn more about what we’re doing to build a workplace that is fair and square? Check out our I+D page.

Additionally, we consider qualified applicants with criminal histories for employment on our team, and always assess candidates on an individualized basis.

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.

While there is no specific deadline to apply for this role, on average, U.S. open roles are posted for 70 days before being filled by a successful candidate.