Full-Time

Director – Global Compensation

Confirmed live in the last 24 hours

Tekion

Tekion

1,001-5,000 employees

Cloud-native platform for automotive retail management

Automotive & Transportation
Enterprise Software

Compensation Overview

$199.8k - $270.3kAnnually

+ Bonus + Equity Compensation

Senior

United States

Category
Financial Analysis
Financial Planning
Management Accounting
Accounting
Required Skills
Market Research
Data Analysis
PowerPoint/Keynote/Slides
Requirements
  • 7+ years of compensation experience.
  • Experience with global compensation markets (India experience highly preferred).
  • Bachelor's degree preferred in business and/or analytical studies.
  • Exceptional analytical skills.
  • Advanced Excel (e.g., macros, pivots, VLOOKUP) and PowerPoint skills.
  • Ability to manage multiple tasks simultaneously.
  • Strong listening, oral, and written communication skills. Routinely asked to communicate to larger groups of varying levels on behalf of business unit or function.
  • Routinely exhibits a strong work ethic and high degree of self-motivation.
  • Flexibility: occasionally called on to deal with urgent requests that may arise regardless of time of day or day of the week.
  • Master's degree preferred.
  • CCP preferred.
  • Compensation Committee experience preferred.
  • Equity and executive compensation experience preferred.
  • Sales commission plan experience preferred.
Responsibilities
  • Lead the design, implementation, and administration of global compensation programs to support Tekion’s business goals, ensuring we attract, engage, and retain top talent.
  • Ensure Tekion's compensation strategy remains competitive by analyzing internal practices and external market trends.
  • Partner with Business Leaders and People Partners to manage key compensation activities, including but not limited to new hire compensation, promotions, severance reviews, annual incentive plans, and market intelligence.
  • Provide expert consultation to People Partners and Leaders on all aspects of compensation, such as market research, data analysis, process improvement, salary administration, and incentives.
  • Manage a global Compensation team with members in the U.S. and India.
  • Conduct detailed compensation analyses to ensure proper levels and governance of compensation programs.
  • Oversee the management, tracking, and development of bonus, commission, and incentive plans, including accrual support for MBO bonus plans, equity programs, and other pay plans.
  • Develop and deliver Compensation 101 training as needed.
  • Build and maintain strong external networks with compensation peers across industries to share insights and best practices.
  • Manage company-wide recognition programs, benchmark industry standards, and recommend improvements.
  • Lead ad-hoc projects and initiatives as assigned.

Tekion has developed a cloud-native platform designed for the automotive retail industry. Its main product is a Dealer Management System (DMS) that utilizes technologies like Big Data, the Internet of Things (IoT), and Machine Learning (ML) to improve the operations of car dealerships. The DMS provides a centralized view and performance metrics for dealership groups, allowing for better management and increased operational efficiency. Tekion differentiates itself from competitors by being the first and fastest cloud-native DMS available, and it integrates seamlessly with major Original Equipment Manufacturers (OEMs) at no extra cost. The company's goal is to enhance dealership efficiency, profitability, and customer experience through its subscription-based software-as-a-service (SaaS) model, which also includes additional services to help dealerships identify upsell and cross-sell opportunities.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$617.8M

Headquarters

Pleasanton, California

Founded

2016

Growth & Insights
Headcount

6 month growth

2%

1 year growth

3%

2 year growth

15%
Simplify Jobs

Simplify's Take

What believers are saying

  • Securing $200 million in growth capital from Dragoneer Investment Group positions Tekion for rapid expansion and innovation.
  • The appointment of a new CTO to lead AI expansion indicates a strong focus on technological advancement and potential IPO.
  • Partnerships with industry leaders like automotiveMastermind enhance Tekion's platform capabilities, driving better customer engagement and sales predictions.

What critics are saying

  • The competitive landscape in automotive retail technology is intense, with numerous established players vying for market share.
  • Rapid scaling and integration of new technologies could lead to operational challenges and potential service disruptions.

What makes Tekion unique

  • Tekion's platform is the first and fastest cloud-native Dealer Management System (DMS) in the automotive retail industry, setting it apart from legacy systems.
  • The integration of advanced technologies like Big Data, IoT, and Machine Learning into their DMS provides dealerships with unparalleled operational efficiency and profitability.
  • Tekion's seamless integration with major OEMs and ecosystem partners at no additional cost offers a significant competitive advantage.

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Benefits

Competitive compensation and generous stock options

100% employer-paid top-of-the-line medical, dental and vision coverage

Great benefits including unlimited PTO, parental leave and free snacks and beverages

The opportunity to work with some of the brightest minds from Silicon Valley’s most dominant and successful companies

Be part of an early stage, hyper-growth start-up with the opportunity to grow and prosper

Work on the latest and coolest technologies – everything is home-grown and built ground-up

A dynamic work environment with a strong sense of community and collaboration

The open and transparent culture that encourages innovation, rewards performance and discourages hierarchy

Exciting opportunities for career growth and development