This hybrid position will be based in our Boston office Monday- Thursday, with remote flexibility on Fridays.

About the Team:

The Total Rewards team at Wayfair comprises Compensation and Benefits. Our plans are designed to help Wayfair attract and retain the talent our business verticals need to execute their objectives and contribute to our employee value proposition where our culture of empowerment and opportunity are front and center. We accomplish this by focusing on qualitative and quantitative data to deliver differentiated, cost-effective strategies, and equitable access, process, and outcomes.

This role sits within the Corporate Compensation and Equity team, which is responsible for setting the global compensation strategy and managing equity and executive compensation strategy and administration. You will report directly to the Global Head of Corporate Compensation and Equity and play a key role in shaping the compensation landscape for our employees worldwide.

About the Role:

We're seeking a highly motivated and detail-oriented Equity Admin to play a critical role in the administration of our equity compensation programs. In this exciting opportunity, you'll be responsible for managing all aspects of our equity plans, ensuring accuracy, efficiency, and a positive participant experience. You will be a key player in optimizing our equity administration processes and contributing to the strategic development of our equity programs.

What You'll Do:

• Equity Plan Administration: Manage all aspects of our global equity compensation plans, across all Wayfair locations across North America, UK, EU, and Asia. Equity plan administration involves:
• Processing grants, exercises, and vestings.
• Preparing and submitting board lists for grant approvals.
• Managing and communicating trading window updates and restrictions.
• Fidelity PSW Management: Serve as the primary administrator for our equity plan platform (Fidelity PSW), maintaining accurate participant data, managing transactions, and generating reports.

Participant Communication and Education:

• Develop and deliver clear communications to employees regarding equity programs, policies, and procedures.
• Create educational materials and resources to enhance participant understanding.
• Proactively engage with employees to address questions and ensure comprehension of their equity awards.
• Vendor Management: Manage relationships with equity compensation vendors (e.g., Fidelity), overseeing performance, addressing service issues, and ensuring compliance.
• Process Improvement: Continuously analyze and improve equity administration processes, identifying opportunities for automation, streamlining workflows, and implementing best practices.

Monitoring and Reporting:

• Monitor and track key equity performance indicators (e.g., dilution).
• Provide regular reports to management and the Board of Directors.
• Analyze trends and recommend mitigation strategies.
• Internal Audit Controls: Ensure compliance with internal audit controls related to equity compensation, participating in audits and implementing corrective actions.
• Compensation Strategy: Partner with the Compensation team to develop and implement equity compensation strategies that align with business objectives and attract and retain top talent.
• Data Analysis and Reporting: Conduct analyses to evaluate program effectiveness and identify areas for improvement, preparing reports and presentations for management and the Board.
• Cross-Functional Collaboration: Partner with teams across Wayfair, including Legal, Payroll, Accounting, FP&A, and others to deliver on equity initiatives.
• Workday Integration: Collaborate with HRIS to ensure seamless integration of equity data and processes with Workday, our HRIS system. This includes data uploads, reconciliations, and reporting.

What You'll Need:

• Bachelor's degree in Business Administration, Finance, or a related field.
• 1+ years of experience in equity administration, preferably with experience using Fidelity Plan Sponsor WebStation (PSW).
• Strong understanding of equity compensation plans, regulations, and best practices.
• Advanced proficiency in Excel, including data manipulation, modeling, and reporting.
• Excellent attention to detail and accuracy.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to work independently and manage multiple priorities.
• Experience or interest with equity compensation plan design and strategy.

Massachusetts Applicants: I understand that it is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

About Wayfair Inc.

Wayfair is one of the world’s largest online destinations for the home. Whether you work in our global headquarters in Boston, or in our warehouses or offices throughout the world, we’re reinventing the way people shop for their homes. Through our commitment to industry-leading technology and creative problem-solving, we are confident that Wayfair will be home to the most rewarding work of your career. If you’re looking for rapid growth, constant learning, and dynamic challenges, then you’ll find that amazing career opportunities are knocking.

No matter who you are, Wayfair is a place you can call home. We’re a community of innovators, risk-takers, and trailblazers who celebrate our differences, and know that our unique perspectives make us stronger, smarter, and well-positioned for success. We value and rely on the collective voices of our employees, customers, community, and suppliers to help guide us as we build a better Wayfair – and world – for all. Every voice, every perspective matters. That’s why we’re proud to be an equal opportunity employer. We do not discriminate on the basis of race, color, ethnicity, ancestry, religion, sex, national origin, sexual orientation, age, citizenship status, marital status, disability, gender identity, gender expression, veteran status, genetic information, or any other legally protected characteristic.

Your personal data is processed in accordance with our Candidate Privacy Notice (https://www.wayfair.com/careers/privacy). If you have any questions or wish to exercise your rights under applicable privacy and data protection laws, please contact us at dataprotectionofficer@wayfair.com.