Full-Time
Compensation Analyst
Posted on 10/11/2024
Yext
1,001-5,000 employees
AI-powered search solutions for businesses
Compensation Overview
$90k - $153.5kAnnually
Entry, Junior
New York, NY, USA
- Minimum of 2 years in a compensation or HR-related role within a fast-paced environment, with demonstrated expertise in job evaluation, salary structures, and salary benchmarking.
- Excellent analytical skills with proficiency in Microsoft Excel/Google Sheets and PowerPoint.
- Strong attention to detail and a high sense of urgency in a dynamic work environment.
- Proven ability to manage multiple projects while maintaining accuracy and meeting deadlines.
- A team player with strong communication skills who can work cross-functionally with various stakeholders such as HRIS, Recruiting, Finance, and Business Controllers.
- Experience with HR systems, preferably Workday, and a desire to continuously improve compensation processes through technology.
- Bachelor’s degree in a related field or equivalent experience.
- Assist in the research, development, and execution of evolving compensation programs that align with company objectives.
- Conduct job evaluations and establish salary ranges for base, total cash, and total direct compensation on a global scale.
- Review and update company-wide compensation benchmarks annually to ensure market competitiveness. Lead implementation of updates.
- Participate in and support ongoing global compensation analysis projects and provide ad-hoc compensation recommendations to support business needs.
- Improve and maintain job profiles, compensation grades, and complete ongoing data audits to ensure accuracy and integrity in Workday.
- Administer bi-annual salary review and planning processes to support fair and competitive pay practices across the organization.
- Partner with HR Business Partners, Recruiting, and Finance teams to address compensation needs, including benchmarking, employee analysis, and special projects as needed.
- Complete external compensation surveys and participate in research and analysis of market data to maintain or enhance the company’s competitive position.
Yext provides AI-powered search solutions through its Yext Answers Platform, which allows businesses to give direct answers to user queries instead of just links. This platform uses natural language processing to understand the context of search queries, ensuring users receive accurate information. Yext serves a wide range of clients, from large enterprises to small businesses, and focuses on improving search experiences in areas like marketing and customer support. The company operates on a subscription model, where clients pay for access to the platform and its features, which are supported by a centralized Knowledge Graph that maintains consistent information across digital platforms. Yext also offers a training and community engagement platform called Hitchhikers, where users can enhance their skills and connect with others. The goal of Yext is to enhance search capabilities for businesses, leading to better user experiences.
Company Stage
IPO
Total Funding
$115M
Headquarters
New York City, New York
Founded
2006
6 month growth
↓ -3%1 year growth
↓ -10%2 year growth
↑ 14%
Simplify's Take
What believers are saying
- AI-driven personalization in search results is gaining traction, benefiting Yext's offerings.
- The demand for AI-powered customer support solutions is projected to increase by 25% annually.
- Subscription-based models in tech are seeing a 20% increase in customer retention rates.
What critics are saying
- Yext's acquisition of Hearsay Systems could strain financial resources if synergies aren't realized.
- Potential sale amid takeover interest may disrupt operations and client relationships.
- Yext Social may face adoption challenges due to competition from established platforms.
What makes Yext unique
- Yext's AI-powered search solutions provide direct answers, enhancing user experience.
- The Yext Answers Platform uses NLP to understand search query context and meaning.
- Yext's Knowledge Graph ensures consistent and accurate information across digital touchpoints.
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Benefits
Comprehensive Benefits Program - One of our top priorities is to maintain the health and wellbeing of our employees and their families. We offer a robust and comprehensive benefits program, which includes top-quality health insurance (medical, dental, vision), paid parental leave, a 401(k) with match or retirement pension plan, equity, commuter benefits, and more.
Invested in Your Wellbeing - In addition to our top-tier benefits, we also have a holistic wellness program that includes physical and mental health services. A few employee-favorite perks are our company-wide subscription to the meditation, sleep, and relaxation app Calm, as well as our corporate ClassPass membership.
Stay Informed - Our leadership team is committed to company-wide transparency, ranging from email blasts, biannual goal-setting days, and a weekly all-hands video meeting called Manifesto. Manifesto is a time for leadership to share company updates, showcase new products, highlight new deals, and provide kudos to well-deserved employees.
Collaborative Workspaces - Yext has amazing workspaces in many of the greatest cities in the world — from our magnificent new HQ in New York City to those in Chicago, Greater Washington DC, London, Miami, Munich, Paris, Tokyo, San Francisco, and more. Most job families within Yext allow employees to work from any office so they can experience the face-to-face collaboration, spontaneous interaction, and mutual learning that have become such hallmarks of our culture across the globe.
Life-Work Balance - We work hard and play even harder, but we also recognize that our employees wear multiple hats as parents, mentors, caretakers, volunteers, and more. That’s why we offer flexible and generous vacation, paid company and bank holidays, and sick days for when you’re feeling under the weather — all in an effort to give our employees more time to do the things they love with the ones they love and support a better life-work balance.
Upward Mobility - One of the perks of being a relatively new publicly traded company is that there is no shortage of opportunity. This means our employees are presented with countless chances to move internally. Internal mobility is at the forefront of Yext’s hiring, as are learning and development, alongside our mentorship program and monthly lunch and learns sponsored by our ERGs.