Full-Time

Compensation Analyst

Posted on 11/18/2024

Hello Fresh

Hello Fresh

10,001+ employees

Meal kit delivery service with fresh ingredients

Food & Agriculture
Consumer Goods

Compensation Overview

$67.5k - $90kAnnually

Junior

New York, NY, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Market Research
Data Analysis
Requirements
  • A Bachelor’s Degree in Finance, Business Administration, Human Resources, or a related field
  • A minimum of 1-2 years working in Compensation, or a related field
  • Strong analytical skills with attention to detail and high sense of urgency for critical timelines
  • Expertise in Excel and Workday
Responsibilities
  • Provide analytical support for various (executive, salaried and hourly) compensation projects across all US corporate and distribution center employees
  • Research and identify market trends and best practices by participating in annual market surveys, and serving as primary contact for survey vendors
  • Analyze compensation programs for effectiveness, cost impact, and legal and regulatory compliance
  • Foster strong partnerships with business leaders, HR business partners and peers for successful evaluation, administration, and execution of compensation programs
  • Partner with the People Core Services team on the administration of compensation changes, equity program, annual merit/promotion cycles, variable compensation programs and job evaluations
  • Work with distribution center HR personnel to ensure accuracy of all hourly rates
  • Act as first point of contact on general compensation requests from HRBP and recruiters
  • Collaborate with HR and the Total Rewards teams to make process improvements and policy changes
  • Coordinate and serve as main point-of-contact for all job profile requests in Workday
  • Collaborate with the team to provide systems expertise and support to HelloFresh Key stakeholders with Workday
  • Develop data reconciliation processes for more efficient and quicker turnaround time
  • Confirm accuracy and integrity of data through audits, query generation and coordination of data cleanup, as necessary
  • Analyze needs and make recommendations for system and process improvements

HelloFresh offers a meal kit delivery service that provides fresh, pre-portioned ingredients and easy-to-follow recipes to customers' homes. The subscription model allows users to choose from various meal plans tailored to dietary preferences, with the flexibility to skip weeks or cancel anytime. What distinguishes HelloFresh from competitors is its commitment to fresh, seasonal produce and sustainable sourcing. The goal is to simplify meal preparation while promoting healthy eating and environmentally responsible choices.

Company Stage

IPO

Total Funding

$382.1M

Headquarters

Berlin, Germany

Founded

2011

Growth & Insights
Headcount

6 month growth

12%

1 year growth

26%

2 year growth

48%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnerships with brands like Colavita and Hidden Valley Ranch enhance HelloFresh's menu diversity and customer appeal.
  • Collaborations with organizations like No Kid Hungry highlight HelloFresh's commitment to social responsibility, potentially boosting its brand image.
  • The creation of 300 jobs at a new distribution center indicates potential for growth and expansion.

What critics are saying

  • The closure of distribution centers and significant layoffs suggest potential financial instability and declining sales.
  • Fines for electronic marketing violations could damage HelloFresh's reputation and lead to increased regulatory scrutiny.

What makes Hello Fresh unique

  • HelloFresh's focus on fresh, pre-portioned ingredients and easy-to-follow recipes sets it apart from traditional grocery delivery services.
  • The company's commitment to sustainability and seasonal produce appeals to environmentally conscious consumers, unlike some competitors who may not prioritize these values.
  • HelloFresh's flexible subscription model, allowing customers to skip weeks or cancel anytime, offers greater convenience compared to more rigid meal kit services.

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Benefits

Competitive Salary & 401k

Generous Parental leave & Flexible PTO

Health, vision, & dental insurance

75% discount on HelloFresh Subscription

Snacks, coffee, & catered lunches

Company sponsored outings