Compensation Manager, Stitchfix
$181-192k
Online personal styling
Be an early applicant
Online personal styling
1001+ employees
Be an early applicant
$181-192k
1001+ employees
Company mission
To change the way people find clothes they love by combining technology with the personal touch of seasoned style experts.
Role
Who you are
- You have a growth mindset – you think about how to work smarter and take on the next challenge
- You have 6+ years of progressive compensation experience and increasing levels of responsibility in the design and management of compensation programs. Prior consulting experience is preferred but not required
- You have demonstrated compensation expertise in multiple topic areas - job matching and market pricing, equity mechanics, job architecture, executive compensation, etc
- You are proficient in Excel and Google Sheets, including advanced skills such as VLOOKUPs, pivot tables and data reporting, with the ability to effectively vision and execute models and tell compelling and easy to follow stories from data
- You have experience with change management, including creating compensation training materials and effectively presenting them to various business audiences including managers, business partners and other stakeholders
- You have excellent verbal, written and interpersonal skills to communicate and explain compensation philosophy, program design, and recommendations effectively with all levels of the organization
- You thrive working in a fast-paced environment with quickly changing business needs
- You're highly self-motivated, have a stellar work ethic and you're looking for the right company to support your growth
- Above all else, you are Bright, Kind and Motivated by Challenge!
What the job involves
- As a COMPENSATION MANAGER at Stitch Fix, you will oversee flagship compensation programs and manage relationships across the organization
- You will deep dive into analytics and thought-partner with our Total Rewards team to design and implement innovative next-generation rewards and recognition programs
- You will work closely with our Business Partner and Growth and Development teams to educate the organization on Compensation at Stitch Fix and establish yourself as a subject matter expert
- In this role, you will roll up your sleeves and work hands-on while simultaneously providing strategic direction in program management and design within a highly innovative and growth oriented organization
- This role will work closely with, and report to, the VP of Total Rewards
- Have the opportunity to pioneer innovative approaches to compensation at a high-growth, publicly traded company
- Be data-driven in all that you do and leverage your analytical skills by taking the lead on scoping analysis, designing models, and story-telling with data
- Take on opportunities to build and evolve process, approach, and program design
- Manage programs and projects with a high level of innovation and autonomy while developing your people-leadership skills
- Create champions of our compensation philosophy by visioning, developing and implementing best-in-class compensation and equity education for managers and employees
- Have the opportunity to build and innovate upon a solid foundation of job infrastructure, methodology and core processes
Our take
Shopping online for clothes is not always a fun experience. Finding clothes you like is only half the battle. Sizing guides and return policies seem to have been designed to be challenging to understand, and can also vary wildly from company to company.
Stitchfix sets out to change this by making online clothes shopping personalized and hassle-free. Customers take a survey on their personal tastes, and pay a one-off fee for a stylist, to receive a box of 5 personalized items. Then, they simply pay for any items they keep, or return what they don't want free of charge. The stylists fee is deducted from the first purchase and if they keep all 5 items, they receive a discount.
Stitchfix's unique blend of technology, and human touch in styling, allows the company to deliver its personalized experience at scale, with its growing data sets putting them in a great place to predict consumer trends and preferences. Unfortunately, the company has been hit hard by the current economic climate - cutting staff back in June 2022 as well as again in early 2023. Only time will tell if this once exciting brand will be able to bounce back from this bump in the road and find success again in the future.
Steph
Company Specialist
Insights
Few candidates hear
back within 2 weeks
-7% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Jun 2014
$30m
SERIES C
Oct 2013
$12m
SERIES B
Total funding: $47.6m
Company benefits
- Leadership, managing people program, career journey & other training opportunities
- Company equity for eligible roles
- Medical, dental and vision benefits
- 401(k) plan
- Unlimited vacation for qualified roles
- Competitive parental leave
- Enjoy 40% off of Fixes plus access to quarterly sample sales
- Collaborative workspaces - Open floor plan with standing desks & living room seating throughout
Company values
- Integrity
- Be an owner
- Raise the flag
- Keep equity at the center
- Innovation
- Put the client first
- Boldly create the future
- Solve at high speed
- Trust
- Win as a team
- Debate & commit
- Celebrate Stitch Fix grit
Company HQ
Financial District, San Francisco, CA
Articles
Leadership
Katrina Lake
(CEO)BA in Economics from Stanford. MBA from Harvard Business School. Previously 2 years as an Associate at The Parthenon Group and 2 years as an Associate at Leader Ventures.
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