Compensation Program Manager
at Upgrade
San Francisco, United States
Upgrade helps customers move in the right direction with affordable and responsible financial products. Since 2017, we’ve helped over 7 million customers access over $40 billion in consumer credit. With a relentless focus on improving our customers' financial well-being, we build products that put more money in their pocket and support their journey toward a better financial future. We’re backed by some of the most prominent technology investors and were most recently valued at $6.3B.
We’re consistently recognized for our collaborative and inclusive culture. Most recently, we were named one of the World’s Top Fintech Companies by CNBC, Best Places to Work by Built In, Best Places to Work by the San Francisco Business Times, America’s Greatest Workplaces by Newsweek, Best Startup Employer by Forbes, and Healthiest Employers by Phoenix Business Journal.
We’re looking for new team members who get excited about designing and delivering new and better products. Come join us and help build a better financial future for millions of people.
About the Role:
We are looking for a Compensation Program Manager who will report to the Senior Manager of Total Rewards. This person will play a key role in supporting the design, implementation and administration of compensation and benefits programs to attract, retain, and motivate employees while ensuring market competitiveness and compliance. This role conducts market research, analyzes compensation and benefits data, and provides insights that help shape the organization's total rewards strategy. The analyst collaborates with internal stakeholders to ensure People Operations programs align with business objectives and employee needs.
What You’ll Do:
- Supports job evaluations and compensation recommendations by analyzing pay data and job classifications.
- Conducts pay equity reviews and assist with compensation audits.
- Provides reporting and insights on salary trends, pay adjustments, and compensation programs.
- Support the midyear and year end compensation adjustment process.
- Supports the administration of incentive and merit-based compensation programs.
- Advises Leadership on compensation guidelines and best practices.
- Conduct market research and salary benchmarking to ensure competitive compensation practices.
- Analyze and interpret compensation data to support decision-making.
- Assist in compliance with federal, state, and local compensation laws and regulations.
- Provide compensation recommendations based on internal and external data.
- Maintain compensation databases and ensure accuracy in reporting.
- Partner with Finance on process controls, SOX testing and documentation, and IPO readiness.
- Assists with benefits program administration, including enrollments, terminations, and changes.
- Responds to employee inquiries regarding benefits offerings, eligibility, and policies.
- Supports benefits compliance, including ACA, FMLA, COBRA, and other regulatory requirements.
- Assists in reviewing benefits utilization trends and identifying opportunities for program enhancements.
- Supports benefits communication efforts, including open enrollment, employee education, and wellness initiatives.
What We Look For:
- Bachelor's degree in Human Resources, Business Administration, or related field preferred.
- 3 to 5 years of experience in Compensation, Benefits, or HR administration with prior exposure to incentive compensation.
- Strong analytical skills with the ability to interpret and present data effectively.
- Proficient in HRIS, compensation tools, and microsoft excel
- Knowledge of compensation laws and benefits regulations (FLSA, ACA, FMLA, COBRA).
- Ability to work effectively in a fast-paced environment.
- Strong attention to detail, problem-solving, and organizational skills.
- Excellent communication skills, with the ability to explain complex HR topics clearly.
What We Offer You:
- Competitive salary and stock options
- 100% paid coverage of medical, dental and vision insurance
- Flexible PTO
- Competitive 401(k) and RRSP program
- Opportunities for professional growth and development
- Paid parental leave
- Health & wellness initiatives
The compensation range of this position in San Francisco, CA is USD $125,000-$145,000 annually plus equity and benefits. Within this range, an individual's base pay will be dependent on a variety of factors, including without limitation, job-related knowledge, skills, education, and experience.
#BI-Hybrid #LI-Hybrid
For California residents: Upgrade's California Notice at Collection and Privacy Policy describes our practices regarding the collection, use, and disclosure of the personal information of job applicants.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Upgrade does not accept unsolicited resumes from staffing agencies, search firms, or any third parties. Any resume submitted to any employee of Upgrade without a prior written agreement in place will be considered the property of Upgrade, and Upgrade will not be obligated to pay any referral or placement fee. Agencies must obtain advance written approval from Upgrade's Talent Acquisition department to submit resumes and only in conjunction with a valid, fully executed agreement. English is required for all positions, as it involves interacting with staff at Upgrade's offices worldwide.