Full-Time

Compensation Partner

Posted on 7/9/2024

CloudKitchens

CloudKitchens

201-500 employees

Provides shared kitchen spaces for delivery-only restaurants

Food & Agriculture

Mid

Los Angeles, CA, USA

Requires in-office presence in Los Angeles 5 days a week.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Python
Communications
SQL
Tableau
Mergers & Acquisitions (M&A)
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in Business Administration, Finance, Economics, Human Resources or related field
  • 5 - 7 years of domain experience in compensation design and analysis
  • Advanced proficiency in Excel and other data analysis tools (SQL, Tableau, Python are nice to have)
  • Excellent analytical, problem-solving, and decision-making skills
  • Strong communication and presentation skills
  • Ability to work independently and manage multiple projects simultaneously
Responsibilities
  • Design and implement comprehensive compensation strategies that are competitive, equitable, legally compliant and align with our company’s goals + values
  • Work cross-functionally to build and launch systems for delivering Just Rewards outcomes for our employees
  • Conduct market analysis and benchmarking using compensation survey data and present reports on compensation metrics and outcomes to senior leadership
  • Manage internal compensation processes such as annual compensation adjustments, bonus programs, and equity grants
  • Partner with HR Business Partners, Talent Acquisition, and business leaders to address compensation-related issues and provide guidance on compensation practices
  • Support the design and maintenance of compensation structures
  • Collaborate cross functionally to deliver training sessions and provide enablement resources to educate managers and employees on compensation programs, policies, and updates
  • Analyze compensation data and trends to identify areas for improvement and ensure internal equity
  • Ensure compliance with applicable laws and regulations related to compensation
  • Maintain documentation and records to support compensation decisions and audits

CloudKitchens provides shared kitchen spaces specifically designed for delivery-only restaurants. These kitchens are fully equipped and allow restaurant operators to focus on food quality and employee satisfaction while alleviating the challenges of financing, construction, and maintenance. Clients, including national chains and local operators, can quickly open new kitchens, test various food concepts, and optimize delivery operations with minimal investment and risk. The company generates revenue by renting out kitchen spaces and offering proprietary technology that streamlines order management. CloudKitchens aims to support restaurant growth in the expanding food delivery market by providing essential resources and services.

Company Stage

Late Stage VC

Total Funding

$1.2B

Headquarters

Los Angeles, California

Founded

2018

Growth & Insights
Headcount

6 month growth

16%

1 year growth

34%

2 year growth

-24%
Simplify Jobs

Simplify's Take

What believers are saying

  • CloudKitchens enables rapid market expansion with minimal capital expenditure for restaurant operators.
  • The company benefits from the growing food delivery market.
  • CloudKitchens' proprietary technology optimizes supply chain and labor planning for clients.

What critics are saying

  • CloudKitchens faces legal challenges, including lawsuits for discrimination and deceptive practices.
  • The company struggles with underutilized facilities and insufficient restaurant contracts.
  • Some major brands are shifting focus away from ghost kitchens to traditional channels.

What makes CloudKitchens unique

  • CloudKitchens offers fully equipped shared kitchen spaces for delivery-only restaurants.
  • The company provides proprietary technology for managing delivery orders efficiently.
  • CloudKitchens alleviates burdens of financing, construction, permitting, and maintenance for restaurant operators.

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