Full-Time

Compensation Partner

Posted on 10/1/2024

Faire

Faire

1,001-5,000 employees

B2B marketplace for independent brands and retailers

Data & Analytics
Social Impact
Consumer Goods

Compensation Overview

$142k - $195.5kAnnually

+ Equity + Benefits

Mid, Senior

San Francisco, CA, USA

Hybrid schedule requiring in-office presence 2 days per week.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in Finance, Business Administration, Human Resources, or related field.
  • 6+ years of experience in the analysis, design, and administration of compensation programs; serving in a business-facing compensation partner role is a plus
  • Ability to build strong partnerships at all levels, including executive, and to communicate complex information in a clear, concise manner across a variety of audiences.
  • Demonstrate strong analytical and creative problem-solving skills.
  • Advanced experience in Excel and/or Google Sheets.
  • Knowledge of equity vehicles including stock options, RSUs, and other equity offerings.
  • Knowledge of relevant laws and regulations regarding compensation.
  • Ability to prioritize work and handle multiple assignments in a timely and flexible manner.
  • Ability to work with sensitive information and maintain confidentiality.
Responsibilities
  • Serve as a resource for our HR Business Partners, recruiting teams, and business leaders to provide guidance on all compensation matters.
  • Advise on compensation for new hires, promotions, and transfers.
  • Drive medium to large scale projects end-to-end including our bi-annual compensation cycles, benchmarking exercises, and other net new projects.
  • Analyze compensation data to create actionable insights, drive business decisions, and improve our overall compensation programs.
  • Support the design and delivery of education and training for leadership, managers, and employees.
  • Stay up-to-date on industry trends, legal requirements, and market dynamics to ensure compliance and relevance of compensation programs.
  • Develop strong cross-functional partnerships with Finance, Legal, and the broader People team.
  • Support the design, change management, and communication efforts associated with our compensation programs.

Faire operates a business-to-business (B2B) marketplace that connects independent brands with local retailers, primarily in the wholesale market. The platform enables brands to expand their reach to a larger audience of retailers, while retailers can discover unique products that set their stores apart from competitors. Faire generates revenue through a commission on sales made via its platform and provides additional services like inventory management and data analytics to help businesses improve their operations. The company focuses on supporting small to medium-sized businesses and aims to enhance the distinctiveness of local communities by empowering both brands and retailers to succeed.

Company Stage

Series G

Total Funding

$1.5B

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

3%

1 year growth

4%

2 year growth

8%
Simplify Jobs

Simplify's Take

What believers are saying

  • Shopify's partnership with Faire expands its user base and transaction volumes.
  • AI-driven analytics tools improve product listings and search rankings on Faire.
  • DTC brands using wholesale platforms like Faire diversify revenue streams and reach broader audiences.

What critics are saying

  • Leadership turnover at Faire may lead to strategic instability affecting operations.
  • Target's inclusion of Shopify merchants could divert potential retailers from Faire.
  • Increased competition within Faire as more DTC brands vie for retailer attention.

What makes Faire unique

  • Faire offers net 60 payment terms and free returns, reducing wholesale business risks.
  • The platform connects independent brands with local retailers, enhancing store uniqueness.
  • Faire provides inventory management and data analytics to optimize business operations.

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Benefits

Time off

Parental leave

Daily mindfulness

Annual learning grant

Thoughtfully designed spaces

Fitness & wellbeing benefits

Mental health benefits

Charitable matching

Career planning

INACTIVE