Compensation Manager

About the Team

The People and Culture team is committed to creating a fulfilling and inspiring place to work for all of the people who deliver the client experience - from our warehouse team to tech talent to merchants to stylists. We pride ourselves on creating a fun and collaborative environment where we solve problems together. We are looking for people who are bright, kind and motivated by challenge to join our team and model the culture we seek to create!

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.

Youre excited about this opportunity because you will…

Partner with HRBPs and Business Unit Leadership

• Have the opportunity to pioneer innovative approaches to compensation at a high-growth, publicly traded company, and partner with key HR and business unit leadership.
• 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.
• Create champions of our compensation philosophy by visioning, developing and implementing best-in-class compensation education.
• Have the opportunity to build and improve upon Stitch Fix’s Job Architecture, including job design, leveling, mapping and links to compensation. 

Leverage your prior experience in burn-rate modeling and dilution management

• Lead the creation and management of tools used forecast, scenario-test, and report on equity usage (burn rate modeling, in-cycle equity pool budgeting, collaborate on stock-based compensation (SBC) expense reporting).
• Partner closely with colleagues in finance and legal/stock administration, and our Board advisors to evaluate the dilutive impact of equity programs and maintain compliance with financial reporting requirements.
• Provide strategic insights into equity allocation and usage to support leadership decision-making, and propose novel solutions to managing equity spend.
• Support preparation for Board and Compensation Committee meetings by creating detailed reports and analyses on equity spend and share pool metrics.

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 a B.A./B.S. with 6+ years of progressive compensation experience and increasing levels of responsibility in the design and management of compensation programs. Prior consulting experience preferred but not required.
• You have demonstrated compensation expertise in multiple topic areas - job matching and market pricing, equity mechanics (managing grant sizes, dilution impact, burn rate of equity grants), 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.
• Youre highly self-motivated, have a stellar work ethic and youre looking for the right company to support your growth.
• Above all else, you are Bright, Kind and Motivated by Challenge!

Why youll 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.