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Full-Time

Principal Product Manager

Payroll, Hybrid

Posted on 10/30/2024

Homebase

Homebase

1,001-5,000 employees

Workforce management software for hourly employees

Consulting
Enterprise Software

Compensation Overview

$210k - $240kAnnually

+ Stock Options

Senior

San Francisco, CA, USA

Hybrid role requiring in-office presence on Tuesdays and Wednesdays.

Category
Product Management
Product Strategy
Product
Required Skills
Product Management
Data Analysis
Requirements
  • 8+ years of experience in product management, with at least 3+ years focused on payroll, HR tech, or financial products.
  • Strong understanding of payroll processing, tax compliance, and regulatory requirements in the U.S.
  • Proven track record of successfully launching and scaling SaaS products.
  • Hands-on experience or knowledge in leveraging AI and LLM (Large Language Models) to improve product experiences, enhance decision-making, or streamline operations.
  • Familiarity with AI-driven solutions and automation in payroll processing, compliance, or HR technologies is a plus.
  • Excellent communication and leadership skills, with the ability to influence and work across various teams and departments.
  • Experience working in agile product development environments.
  • Strong analytical skills, with the ability to use data to drive decisions and measure success.
  • Ability to balance strategic thinking with execution and manage competing priorities.
  • Ability to collaborate in office weekly on Tuesdays and Wednesdays.
Responsibilities
  • Define and drive the payroll product vision, strategy, and long-term roadmap in alignment with the company’s overall goals.
  • Engage deeply with customers to understand their needs, pain points, and how payroll fits into their broader HR and operational challenges.
  • Work closely with engineering, design, data science, sales, and payroll operations to develop, launch, and scale payroll solutions.
  • Ensure payroll solutions comply with all applicable federal, state, and local regulations, focusing on accuracy and ease of use.
  • Use data and analytics to make informed product decisions, measure product success, and drive improvements in payroll performance.
  • Stay informed about market trends, competitive landscape, and emerging payroll technologies, including advancements in AI/LLM, to keep Homebase payroll products competitive and innovative.
  • Ensure the payroll product can scale to meet the needs of a growing customer base while maintaining a high-quality user experience.
  • Collaborate with internal and external stakeholders, including leadership, partners, and customers, to ensure alignment on product goals and delivery timelines.

Homebase is a digital platform that helps businesses with hourly workers manage their operations. It offers tools for time tracking, employee scheduling, payroll processing, and messaging, allowing businesses to track hours and manage schedules easily. The payroll service automates paycheck calculations and tax filings, while the messaging feature facilitates communication between managers and employees. Homebase aims to simplify and streamline workforce management for small businesses.

Company Stage

Series D

Total Funding

$201.9M

Headquarters

San Francisco, California

Founded

2014

Growth & Insights
Headcount

6 month growth

45%

1 year growth

67%

2 year growth

173%
Simplify Jobs

Simplify's Take

What believers are saying

  • Homebase's rapid growth, including doubling its Canadian workforce, indicates strong business momentum and expansion opportunities.
  • The company's focus on AI and automation promises to further streamline operations for small businesses, enhancing productivity and efficiency.
  • Recognition as 'Best in Business' by Inc. highlights Homebase's industry leadership and commitment to excellence.

What critics are saying

  • The competitive landscape for workforce management software is crowded, requiring Homebase to continuously innovate to maintain its edge.
  • Dependence on small businesses, which are often vulnerable to economic downturns, could impact Homebase's revenue stability.

What makes Homebase unique

  • Homebase specifically targets small businesses with hourly workers, a niche often overlooked by broader HR software solutions.
  • Their comprehensive suite of tools, from time tracking to payroll processing, offers an all-in-one solution that reduces the need for multiple software subscriptions.
  • The recent $60M Series D funding round led by L Catterton Growth underscores investor confidence in Homebase's unique market position and growth potential.

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Benefits

Stock options

Comprehensive insurance plans

401(k) with 4% company match

Remote, hybrid, and in-office work options

Top-of-the-line equipment and home office

Annual holidays and accrued PTO

Fun company activities