Full-Time

Principal Compensation Consultant

Posted on 9/20/2024

Squarespace

Squarespace

1,001-5,000 employees

Website building and hosting platform

Consumer Software
Enterprise Software

Compensation Overview

$115.5k - $203.6kAnnually

+ Equity

Senior, Expert

New York, NY, USA + 1 more

More locations: United States

Flex/hybrid option available at NYC headquarters or remote in approved US states.

Category
Financial Consulting
Consulting
Required Skills
Communications
Management
Human Resources Information System (HRIS)
Requirements
  • Bachelor's degree
  • 10+ years of work experience in HR with 8+ years in compensation
  • Advanced Excel skills (can write advanced macros and maintain complex spreadsheets)
  • 3+ years experience with program modeling, design, and implementation, inclusive of HRIS management for administration and employee support
  • Knowledge of regulatory requirements in the US and international markets
Responsibilities
  • Analyze external benchmark data ensuring the appropriate data and processes are in place to create and maintain pay structures to include base and equity
  • Evaluate existing roles and provide recommendations on new roles using a combination of internal and external data
  • Provide consultation to senior business leaders using your compensation expertise
  • Create compelling presentations using data and key facts to educate and provide partners with recommendations supporting their business strategies.
  • Research compensation trends and use your findings to improve Squarespace products and processes
  • Conduct in-depth analysis to model the financial (e.g., cost, dilution) and talent (e.g., attrition, hiring) effects of compensation decisions; make recommendations for compensation strategy and processes based on findings
  • Collaborate with senior business leaders, Recruiting, HR Business Partners, Legal and Finance to provide compensation expertise and data presented with recommendations to address challenges to help your partners and businesses succeed
  • Lead year-end planning for the compensation team and your client groups creating timing and project plans
  • Model budgets, merit matrices and other data related to year-end activities
  • Collaborate with tech partners on system requirements and implementation
  • Collaborate with key partners to create training, communications, reporting and tools on compensation policies and processes
  • Ensure compliance with regulatory filings and updates, notices, mandates, audits, non-discrimination testing, and employee records
  • Lead impactful organization-wide projects/priorities using your excellent project management skills
  • Provide subject matter expertise in collaboration with internal communications on implementation and change management of compensation products and processes

Squarespace provides a platform for individuals and businesses to create and manage professional websites without needing technical skills. Users can choose from a variety of website templates and utilize tools for e-commerce and marketing, all accessible through a subscription model. This means clients pay a recurring fee to use Squarespace's services, which include hosting and additional features like custom domains and email marketing. Unlike many competitors, Squarespace focuses on an all-in-one solution that caters to a diverse clientele, including small business owners and artists. The company's goal is to empower users to establish their online presence easily while maintaining a supportive work environment for its employees.

Company Stage

IPO

Total Funding

$368.3M

Headquarters

New York City, New York

Founded

2003

Growth & Insights
Headcount

6 month growth

2%

1 year growth

4%

2 year growth

8%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for AI-driven personalization boosts Squarespace's market potential.
  • Subscription-based model ensures steady revenue and customer loyalty for Squarespace.
  • Partnerships with artists enhance Squarespace's brand and attract creative users.

What critics are saying

  • Emerging AI-driven competitors may erode Squarespace's market share.
  • Permira's acquisition could disrupt Squarespace's business model and culture.
  • AI integration may raise data privacy concerns among Squarespace users.

What makes Squarespace unique

  • Squarespace offers a comprehensive suite of tools for website building and e-commerce.
  • The company partners with artists like Jeff Koons for unique web template designs.
  • Squarespace integrates AI tools to enhance personalized website creation.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health insurance with 100% premium covered for you and your dependent children

Fertility and adoption benefits

Retirement benefits with employer match

Flexible vacation & paid time off

Up to 20 weeks of paid family leave

Equity plan for all employees

$100 per month remote stipend

Education reimbursement

Employee donation match to community organizations

7 Employee Resource Groups across locations

INACTIVE