Compensation Partner

Mercury

United States

This job has been expired

At Mercury we care a lot about our people. A thoughtful compensation program is a key part of attracting and taking care of our team for the long term. We are looking for someone who can own the evolution of our compensation strategy as Mercury scales.

You will lead the development of and gain buy-in for a Mercury-wide compensation strategy. You will lead the implementation of that strategy and educate Mercury employees about the compensation strategy.

In this role, you will work closely with the People Partner team, Head of People, and founders to own and run our compensation programs—from merit increases to benchmarking to our equity plan.

Here are some things you’ll do on the job:

  • Evaluate our current compensation philosophy and advocate for any needed changes
  • Be the internal expert on everything compensation and think deeply about how Mercury should pay based on the external market and hiring conditions
  • Influence leadership to think critically about pay and equity
  • Lead efforts to educate Mercury employees (both managers and ICs) on our compensation philosophy, ensuring appropriate transparency
  • Build out an equity strategy that can scale with us and partner with our Operations team to execute on the equity strategy
  • Conduct regular market evaluations to ensure we are staying competitive and then build a process for benchmarking internal salaries as the market adjusts
  • Research and formulate recommendations on offers, job leveling, and internal equity adjustments
  • Lead Mercury through pay adjustment cycles and promotion cycles in a thoughtful and transparent manner

Ideally, you’ll have some of the following qualities—but if you don’t fit this mold and feel like you could do a great job, we’d love to hear from you anyway:

  • Have a bachelor’s degree or something you feel is equivalent.
  • Have experience running and building compensation programs at a high growth, quickly scaling company
  • Obsessive over accuracy and pay strong attention to detail
  • Love building processes that can scale in a thoughtful and organized way
  • Love playing in data and have rigorous data analytics skills
  • Understand how granular data is driving a larger talent strategy
  • Be willing to influence and advocate for philosophies you believe in
  • Be passionate about tackling problems and solving them in an creative and thoughtful way
  • Have a high level of integrity and the ability to handle confidential information discreetly
  • Have a passion for working efficiently with great tools, suggest new tools where there are opportunities for improvement, and be willing to learn the tools we are currently using (OpenComp, Gusto, Humi, Notion)
  • Have a ton of fun while doing everything above

Our salary ranges are based on paying competitively for our size and industry, and all employees receive salary + equity + benefits. Individual pay decisions are based on a number of factors, including qualifications for the role, experience level, skillset, and balancing internal equity relative to peers at the company.

The ranges shared are for the expectations as laid out in the job description, however we are often open to a wide variety of profiles, and recognize that the person we hire may be less experienced or more senior than this job description as posted. If that ends up being the case, the updated salary range will be communicated with you as a candidate.

Salary range for candidates in the New York City/San Francisco area is: $144,000-171,000

Salary range for candidates in the US outside of the New York City/ San Francisco area is: $126,000-146,000

Salary range for candidates in Canada is CAD 105,000–120,500.