Principal Compensation Partner

This is a fully remote position, open to applicants in United States.

📋 Description

• Assist in the management of executive compensation initiatives, encompassing base salary, annual incentives, and long-term incentive design and benchmarking.

• Create analyses and materials for Compensation Committee meetings and decisions regarding executive offers and promotions.

• Spearhead the design and continuous enhancement of merit cycles, bonus/incentive plans, promotion guidelines, and pay equity processes.

• Manage comprehensive equity program administration, which includes grant modeling, vesting schedules, dilution/burn rate analysis, and reconciliation with equity management systems.

• Provide strategic advisory support to HR partners and senior leaders.

• Develop and implement a streamlined compensation analytics platform featuring reusable models, dashboards, and quality assurance processes.

• Contribute to the establishment of the company’s job architecture, which includes job families, levels, career ladders, and governance processes.

• Formulate market pricing methodologies, salary structures, and geographic differential strategies.

• Create extensive training and enablement programs.

• Report to the Sr. Director of Total Rewards.

⛳️ Requirements

• A minimum of 8 years of progressive experience in compensation, with direct involvement in executive compensation, equity administration, and the development and execution of compensation programs.

• Proven ability to independently own and develop compensation processes.

• Skilled at transforming ambiguous requests into structured, repeatable, and well-documented programs.

• Strong proficiency in Excel and financial modeling.

• Comfortable liaising directly with senior leadership and potentially preparing materials for the Compensation Committee.

• Demonstrated analytical rigor.

• Excellent written and verbal communication skills.

• Preferred: Familiarity with compensation or equity systems such as Workday, Radford/Aon, Merrill Lynch, Carta, Pave, Compa, or similar platforms.

• Preferred: Experience collaborating with Legal and Finance on executive pay disclosure requirements, including CD&A.

• Preferred: Previous experience in building or scaling job architecture from the ground up.

• Preferred: Prior experience in supporting equity administration.

• Applicants must be authorized to work in the United States.

• Cars Commerce is currently unable to sponsor employment visas.

🏝️ Benefits

• Bonus and/or equity programs based on level and role.

• Comprehensive benefits package for regular full-time employees.

• Medical, Dental & Vision healthcare plans.

• New Hire Stipend for home office setup.

• Generous paid time off (PTO).

• Paid holidays.

• Floating holiday.

• Volunteer Day.

• Recharge Day.

• Exciting training and development opportunities.