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Compensation Manager

Stitch Fix

Stitch Fix

Sales & Business Development
United States · Remote
Posted on Aug 22, 2024

About Stitch Fix, Inc.

Stitch Fix (NASDAQ: SFIX) is the leading online personal styling service that helps people discover the styles they will love that fit perfectly so they always look - and feel - their best. Few things are more personal than getting dressed, but finding clothing that fits and looks great can be a challenge. Stitch Fix solves that problem. By pairing expert stylists with best-in-class AI and recommendation algorithms, the company leverages its assortment of exclusive and national brands to meet each client's individual tastes and needs, making it convenient for clients to express their personal style without having to spend hours in stores or sifting through endless choices online. Stitch Fix, which was founded in 2011, is headquartered in San Francisco.

About the Role

As a COMPENSATION MANAGER at Stitch Fix, you will oversee flagship compensation programs and manage relationships across the organization. You will deep dive into analytics and thought-partner with our Total Rewards team to design and implement innovative next-generation rewards and recognition programs. You will work closely with our Business Partner and Growth and Development teams to educate the organization on Compensation at Stitch Fix and establish yourself as a subject matter expert. In this role, you will roll up your sleeves and work hands-on while simultaneously providing strategic direction in program management and design within a highly innovative and growth oriented organization. This role will work closely with, and report to, the VP of Total Rewards.

You're excited about this opportunity because you will…

  • Have the opportunity to pioneer innovative approaches to compensation at a high-growth, publicly traded company.
  • Be data-driven in all that you do and leverage your analytical skills by taking the lead on scoping analysis, designing models, and story-telling with data.
  • Take on opportunities to build and evolve process, approach, and program design.
  • Manage programs and projects with a high level of innovation and autonomy while developing your people-leadership skills.
  • Create champions of our compensation philosophy by visioning, developing and implementing best-in-class compensation and equity education for managers and employees.
  • Have the opportunity to build and innovate upon a solid foundation of job infrastructure, methodology and core processes.

We’re excited about you because…

  • You have a growth mindset – you think about how to work smarter and take on the next challenge.
  • You have 6+ years of progressive compensation experience and increasing levels of responsibility in the design and management of compensation programs. Prior consulting experience is preferred but not required.
  • You have demonstrated compensation expertise in multiple topic areas - job matching and market pricing, equity mechanics, job architecture, executive compensation, etc.
  • You are proficient in Excel and Google Sheets, including advanced skills such as VLOOKUPs, pivot tables and data reporting, with the ability to effectively vision and execute models and tell compelling and easy to follow stories from data.
  • You have experience with change management, including creating compensation training materials and effectively presenting them to various business audiences including managers, business partners and other stakeholders.
  • You have excellent verbal, written and interpersonal skills to communicate and explain compensation philosophy, program design, and recommendations effectively with all levels of the organization.
  • You thrive working in a fast-paced environment with quickly changing business needs.
  • You're highly self-motivated, have a stellar work ethic and you're looking for the right company to support your growth.
  • Above all else, you are Bright, Kind and Motivated by Challenge!

Why you'll love working at Stitch Fix...

  • We are a group of bright, kind people who are motivated by challenge. We value integrity, innovation and trust. You’ll bring these characteristics to life in everything you do at Stitch Fix.
  • We cultivate a community of diverse perspectives— all voices are heard and valued.
  • We are an innovative company and leverage our strengths in fashion and tech to disrupt the future of retail.
  • We win as a team, commit to our work, and celebrate grit together because we value strong relationships.
  • We boldly create the future while keeping equity and sustainability at the center of all that we do.
  • We are the owners of our work and are energized by solving problems through a growth mindset lens. We think broadly and creatively through every situation to create meaningful impact.
  • We offer comprehensive compensation packages and inclusive health and wellness benefits.
Compensation and Benefits

Our anticipated compensation reflects the cost of labor across several US geographic markets, and the range below indicates the low end of the lowest-compensated market to the high end of the highest-compensated market. This position is eligible for new hire and ongoing grants of restricted stock units depending on employee and company performance. In addition, the position is eligible for medical, dental, vision, and other benefits. Applicants should apply via our internal or external careers site.
Salary Range
$181,000$192,000 USD

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Please review Stitch Fix's US Applicant Privacy Policy and Notice at Collection here: https://stitchfix.com/careers/workforce-applicant-privacy-policy

Recruiting Fraud Alert:

To all candidates: your personal information and online safety are top of mind for us. At Stitch Fix, recruiters only direct candidates to apply through our official career pages at https://www.stitchfix.com/careers/jobs or https://web.fountain.com/c/stitch-fix.

Recruiters will never request payments, ask for financial account information or sensitive information like social security numbers. If you are unsure if a message is from Stitch Fix, please email careers@stitchfix.com.

You can read more about Recruiting Scam Awareness on our FAQ page here: https://support.stitchfix.com/hc/en-us/articles/1500007169402-Recruiting-Scam-Awareness