Compensation Analyst
At Lyft, our mission is to improve people’s lives with the world’s best transportation. To do this, we start with our own community by creating an open, inclusive, and diverse organization.
The Compensation Analyst is responsible for conducting research, analyzing data, and developing compensation programs and strategies within an organization. They play a crucial role in ensuring fair and competitive compensation practices to attract, retain, and motivate employees. The Compensation Analyst collaborates with cross functional teams and business stakeholders to update compensation structures and policies that align with the organization's goals and industry benchmarks.
Responsibilities:- Conduct market research and benchmarking to gather data on compensation trends, practices, and competitive pay rates for various job positions. Analyze and interpret data to evaluate the organization's compensation competitiveness and make recommendations as appropriate.
- Help design and develop compensation programs, including base pay, variable pay, incentive plans, and benefits. Ensure that compensation programs are aligned with the organization's overall strategy, market competitiveness, and legal requirements.
- Partner with cross-functional teams across Lyft (People, Finance, Legal)
- Support management and executives on compensation related issues and planning for team members
- Develop and deliver communication materials to educate employees on the organization's compensation philosophy, programs, and policies. Prepare compensation-related reports and presentations for the People team, stakeholders, and executives to provide insights and recommendations on compensation practices.
- Assist with maintaining and refining existing compensation processes
- 3+ years of compensation-related experience with a solid understanding of compensation principles, strategies, and practices
- Strong analytical rigor with the ability to effectively analyze data and create clear and comprehensive reports and recommendations
- Experience using Excel or Google Sheets to analyze data
- Experience leading and influencing across multiple levels of an organization on key compensation topics
- Experience supporting compensation programs in an ambiguous , uncertain and rapidly evolving landscape
- Excellent written and visual communication skills
- Experience with global compensation programs
- Great medical, dental, and vision insurance options
- Mental health benefits
- Family building benefits
- In addition to 12 observed holidays, salaried team members have unlimited paid time off, hourly team members have 15 days paid time off
- 401(k) plan to help save for your future
- 18 weeks of paid parental leave. Biological, adoptive, and foster parents are all eligible
- Pre-tax commuter benefits
- Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program
Lyft is an equal opportunity/affirmative action employer committed to an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status or any other basis prohibited by law. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law.
This role will be in-office on a hybrid schedule — Team Members will be expected to work in the office 3 days per week on Mondays, Thursdays and a team-specific third day. Additionally, hybrid roles have the flexibility to work from anywhere for up to 4 weeks per year.
The expected base pay range for this position in the Seattle area is $117,990 - $131,100. Salary ranges are dependent on a variety of factors, including qualifications, experience and geographic location. Range is not inclusive of potential equity offering, bonus or benefits. Your recruiter can share more information about the salary range specific to your working location and other factors during the hiring process.