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Compensation Manager

Overview

Company1Password

Salary

ExperienceAny

LocalRemote

Job Description

The Compensation Manager will bring subject matter expertise in the design, delivery and support of innovative compensation programs that will enhance the employee experience.

In this role, we are looking for an incumbent that will have the aptitude to successfully lead projects from start to finish that support 1Password’s compensation philosophy.

This role reports to the Director, Compensation & Benefits. This is a remote opportunity within the US and Canada.

What we’re looking for:

A minimum of 5 years compensation experience, with a strong advisory background
Strong understanding of compensation related legislation and industry best practices
Proven experience building compensation programs for a diverse workforce
Prior experience utilizing compensation surveys / data analytics, quantitative analysis and modeling for plan/program design and implementation
Experience with project management and change management
Excellent analytical and problem-solving skills, with the demonstrated ability to interpret complex data, identify trends, and use insights to make data-driven decisions.
Strong written and verbal communication skills
Discretion handling confidential information
Demonstrated track record of proactive problem solving
Strong interpersonal skills with a natural ability to build relationships
Ability to work in a fast paced environment dealing with change and continuously shifting requirements
Experience working in a fast-paced scaling company
Demonstrated expertise in using google sheets to analyze large data sets (i.e. intermediate level for formulas, pivot tables, VLOOKUPs)
Experience with equity plan design, including dilution analysis, modelling & forecasting stock usage

Preferred, nice to have, specialized knowledge/skills:

Experience with international and executive compensation

What you can expect:

Play a lead role in the design, implementation, and administration of compensation programs, to support 1Password’s business objectives and ensure that we attract, engage, and retain our talent.
Manage all tasks related to the annual merit process for internal client groups from process beginning to completion including data validation, calculation, and communication.
Manage the new equity award list & coordinate with Finance, Accounting, and Legal teams to ensure seamless execution of equity grants for new hires and for internal moves within the organization.
Assist in modeling for equity refresh programs and budgeting in conjunction with Finance.
Participate in senior management discussions regarding initiatives/changes in organization structures and provide corresponding job evaluation support, analysis, and compensation recommendations.
Prepare a variety of special reports and analysis to monitor the integrity and competitiveness of our compensation programs.
Prepare market analysis and recommendations for any compensation adjustments.
Research and analyse trends and best practices, and compile compensation data to assist in the design of compensation programs.
Keep abreast of global legislation changes related to compensation (e.g. min wage, pay equity).
Lead the roll out/communication of changes to compensation programs for assigned internal clients
Develop value-add compensation tools and templates for both end users and the People team, to ensure efficient and effective compensation processes
Recommend process improvements and efficiencies within the department.
Contribute to the annual budgeting process in collaboration with the Finance department by providing analysis and modelling.
Provide consultative support to HR Business Partners and Leaders and supports all aspects of compensation including market research, data analysis, process improvements, incentives, salary administration and policy application
Develop strong external networks with compensation peers in other organizations/industries to share compensation information and exchange best practices.

USA-based roles only: The annual base salary for this role is between $116,000 USD and $158,000 USD, plus immediate participation in 1Password’s benefits program (health, dental, 401k and many others), utilization of our generous paid time off, an equity grant and, where applicable, participation in our incentive programs.

Canada-based roles only: The annual base salary for this role is between $108,000 CAD and $139,000 CAD, plus immediate participation in 1Password’s generous benefits program (health, dental, RRSP and many others), utilization of our generous paid time off, an equity grant and, where applicable, participation in our incentive programs.

At 1Password, we approach each individual’s compensation with a promise of fair market value and internal equity commensurate with experience and specific skill set.

What we offer:

We believe in working hard, and resting hard. We’re always looking for new ways to support our team members, but here’s a glance at what we currently offer:

Health and wellbeing

> Maternity and parental leave top-up programs

> Wellness spending account

> Generous PTO policy

> Company-wide wellness days off scheduled throughout the year

> Wellness Coach membership

> Comprehensive health coverage

Growth and future

> Employee stock option program for all full-time employees

> Retirement matching program

> Training budget, 1Password University access, and learning sessions

> Free 1Password account (and friends and family discount!)

Flexibility and community

> Paid volunteer days

> Employee-led DEIB programs and ERGs and ECGs

> Fully remote environment

> Peer-to-peer recognition through Bonusly

1Password is proud to be an equal opportunity employer. We are committed to fostering an inclusive, diverse and equitable workplace that is built on trust, support and respect. We welcome all individuals and do not discriminate on the basis of gender identity and expression, race, ethnicity, disability, sexual orientation, colour, religion, creed, gender, national origin, age, marital status, pregnancy, sex, citizenship, education, languages spoken or veteran status. Be yourself, find your people and share the things you love.

Accommodation is available upon request at any point during our recruitment process. If you require an accommodation, please speak to your talent acquisition partner or email us at nextbit@agilebits.com and we’ll work to meet your needs.

Remote work is a part of our DNA. Given that our company was founded remotely in 2005, we can safely say we’re experts at building remote culture. That said, remote work at 1Password does mean working from your home country. If you’ve got questions or concerns about this, your talent partner would be happy to address them with you.