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Senior Compensation Analyst

Sprout Social

Sprout Social

IT
United States · Remote
Posted on Saturday, July 20, 2024

Senior Compensation Analyst

Description

Sprout Social is looking to hire a Senior Compensation Analyst to the People team.

Why join Sprout’s Total Rewards team?

As members of the Sprout People team, we are champions of Sprout’s unique culture. Doing our jobs effectively means every candidate has an incredible experience with Sprout Social, every team member is successful from day one, and every business unit has the talent and support needed to meet and exceed aggressive goals.

We are looking for a Senior Compensation Analyst to support designing, implementing, and managing an organization’s compensation programs.

What you’ll do

  • Partner with the VP, Total Rewards to design, implement, and sustain comprehensive compensation programs that align with organizational goals and strategies.
  • Conduct annual labor market analyses and adjust international pay structures to ensure the organization remains competitive in attracting and retaining key talent.
  • Develop and maintain an effective job architecture framework that supports career development and organizational growth.
  • Participate in internal and external audits to ensure all compensation programs comply with relevant regulations and company policies.
  • Assist in the preparation and management of the annual compensation budget, including forecasting compensation costs and monitoring expenditures.
  • Collaborate with HRIS Analysts to optimize compensation data management and reporting processes, ensuring accurate and accessible compensation information.
  • Conduct training sessions for employees and leaders to enhance understanding and effective utilization of compensation programs and practices.
  • Lead the execution of the annual and midyear compensation cycles
  • Lead or contribute to special compensation projects, such as market studies, policy revisions, and the implementation of new compensation tools.
  • Serve as a subject matter expert on compensation issues, providing advice and support to the People team, management, and other stakeholders across the organization.

What you’ll bring

The minimum qualifications for this role include:

  • 5+ years of experience in compensation analysis, skilled in policy and process development, implementation and maintenance
  • Proficiency in utilizing multiple external compensation benchmarking organizations
  • Advanced analytical skills with proficiency in Excel and Google Sheets, capable of extracting, analyzing, and reporting on data from a variety of complex systems and tools
  • Strong interpersonal and communication skills

Preferred qualifications for this role include:

  • SHRM-CP, SHRM-SCP, CCP, or equivalent certification
  • Experience with Workday, particularly its Advanced Compensation module
  • Proven ability to present data effectively to influence decision-makers, including executives, hiring managers, and People team colleagues
  • Knowledge of international compensation practices and compliance

How you’ll grow

Within 1 month, you’ll plant your roots, including:

  • Complete Sprout’s in-depth onboarding, covering our mission, values, products, and the value we deliver to customers.
  • Set initial priorities, align on role expectations, and learn about Sprout’s compensation strategy and philosophy.
  • Establish relationships with key internal stakeholders and understand their compensation needs.

Within 3 months, you’ll start hitting your stride by:

  • Familiarize yourself with our compensation processes, HRIS (Workday), and benchmarking survey tools. Make recommendations for optimizing or improving compensation processes and routines.
  • Take a supporting role in refining our compensation strategy and policies.
  • Begin providing expert compensation analysis and recommendations to leaders, People Business Partners, and Recruiters.

Within 6 months, you’ll be making a clear impact through:

  • Have your first performance conversation to discuss your accomplishments and set goals for continued professional growth.
  • Lead benchmarking efforts to determine competitive compensation ranges.
  • Evaluate and contribute to global job architecture refresh
  • Contribute to the definition and roll-out of global compensation policies and practices

Within 12 months, you’ll make this role your own by:

  • Lead or support compensation and equity-related projects.
  • Be a key player in strategic compensation planning and execution, with a deep understanding of our global compensation strategy, policies, processes, and tools.
  • Introduce innovative ideas and strategies to continuously advance Sprout’s Compensation program.

Of course, what is outlined above is the ideal timeline, but things may shift based on business needs and other projects and tasks could be added at the discretion of your manager.

Our Benefits Program

We’re proud to regularly be recognized for our team, product and culture. Our benefits program includes:

  • Insurance and benefit options that are built for both individuals and families
  • Progressive policies to support work/life balance, like our flexible paid time off and parental leave program
  • High-quality and well-maintained equipment—your computer will never prevent you from doing your best
  • Wellness initiatives to ensure both health and mental well-being of our team
  • Ongoing education and development opportunities via our Grow@Sprout program and employee-led diversity, equity and inclusion initiatives.
  • Growing corporate social responsibility program that is driven by the involvement and passion of our team members
  • Beautiful, convenient and state-of-the-art offices in Chicago’s Loop and downtown Seattle, for those who prefer an office setting

Whenever possible, Sprout wants to provide our team with the flexibility to work in the location that makes the most sense for them. Sprout maintains a remote workforce in many places in the United States. However, we are not set up in all states, so please look at the drop-down box in our application to see whether your state is listed. Few roles require an office setting. If your position requires a physical presence in a Sprout office, it will be evident in the job listing and your offer letter.

The base pay range for this role is $90,000.00 to $130,000.00 USD annually. Individual base pay is based on various factors, including relevant experience and skills, the responsibility of the role, and job duties/requirements. In addition to base pay, some Sales and Success roles can earn sales incentives.

Sprout’s compensation ranges are intentionally broad to allow for our team members' growth within their role. These ranges were determined by a market-based compensation approach; we used data from trusted third-party compensation sources to set equitable, consistent and competitive ranges. We also evaluate compensation bi-annually, identify any changes in the market and make adjustments to our ranges and existing employee compensation as needed.

Base pay is only one element of an employee's total compensation at Sprout. Every Sprout team member has an opportunity to receive restricted stock units (RSUs) under Sprout’s equity plan. Employees (and their dependents) are covered by medical, dental, vision, basic life, accidental death, and dismemberment insurance, and Modern Health (a wellness benefit). Employees are able to enroll in Sprout’s company’s 401k plan, in which Sprout will match 50% of your contributions up to 6% with a maximum contribution. Sprout offers “Flexible Paid Time Off” and ten paid holidays. We have outlined the various components to an employee’s full compensation package here to help you to understand our total rewards package.

Sprout Social is proud to be an Equal Opportunity Employer and an Affirmative Action Employer. We do not discriminate based on identity- race, color, religion, national origin or ancestry, sex (including sexual identity), age, physical or mental disability, pregnancy, veteran or military status, unfavorable discharge from military service, genetic information, sexual orientation, marital status, order of protection status, citizenship status, arrest record or expunged or sealed convictions, or any other legally recognized protected basis under federal, state, or local law. Learn more about our commitment to diversity, equity and inclusion in our latest DEI Report.

If you need a reasonable accommodation for any part of the employment process, please contact us by email at accommodations@sproutsocial.com and let us know the nature of your request and your contact information. We'll do all we can to ensure you're set up for success during our interview process while upholding your privacy, including requests for accommodation. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.

For more information about our commitment to equal employment opportunity, please click here (1) Equal Opportunity Employment Poster (2) Sprout Social's Affirmative Action Statement (3) Pay Transparency Statement.

When you apply for employment with Sprout Social, we will process your job applicant data, including your employment and education history, transcript, writing samples, and references as necessary to consider your job application for open positions. Your personal data will be shared with Greenhouse Software, Inc., and Crosschq, Inc., cloud services providers located in the United States of America and engaged by Sprout Social to help manage its recruitment and hiring process on Controller’s behalf. Accordingly, if you are located outside of the United States, by clicking “Submit Application” on this site, you consent to the transfer of your personal data to the United States. For more information about our privacy practices please visit our Privacy Policy. California residents have additional rights and should review the Additional Disclosures for California Residents section in our Privacy Policy.

Additionally, Sprout Social participates in the E-Verify program in certain locations, as required by law.

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