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Senior Compensation Business Partner II

Instacart

Instacart

United States · Remote
Posted on Thursday, July 4, 2024

We're transforming the grocery industry

At Instacart, we invite the world to share love through food because we believe everyone should have access to the food they love and more time to enjoy it together. Where others see a simple need for grocery delivery, we see exciting complexity and endless opportunity to serve the varied needs of our community. We work to deliver an essential service that customers rely on to get their groceries and household goods, while also offering safe and flexible earnings opportunities to Instacart Personal Shoppers.

Instacart has become a lifeline for millions of people, and we’re building the team to help push our shopping cart forward. If you’re ready to do the best work of your life, come join our table.

Instacart is a Flex First team

There’s no one-size fits all approach to how we do our best work. Our employees have the flexibility to choose where they do their best work—whether it’s from home, an office, or your favorite coffee shop—while staying connected and building community through regular in-person events. Learn more about our flexible approach to where we work.

Overview

About the Role

As a Senior Compensation Business Partner at Instacart, you will be integral in developing and executing compensation strategies that attract and retain top talent. You will work closely with HR Business Partners and business leaders to ensure our compensation practices are competitive, equitable, and aligned with our company objectives. This role requires a deep understanding of the tech industry’s compensation trends and best practices.

About the Team

You will be a senior member of Instacart’s compensation team, reporting to the head of compensation. The team’s scope covers: executive, broad-based, sales and equity compensation.

About the Job

  • Be the primary compensation point of contact to recruiting teams, HRBPs and business unit leaders by combining in-depth knowledge of compensation principles, understanding of the business and market landscape
  • Draw from your deep understanding of industry norms and market trends to advise on: new hire offers, promotions, internal transfers, international employees/contractors, and performance cycles
  • Review functionally specific job architectures and evolve in ways that enable us to better support hiring, career growth, and performance management.
  • Provide subject matter expertise in compensation strategy, policy development, and program design.
  • Develop and implement compensation structures and pay ranges
  • Play a key advisory role in the annual compensation review process
  • Ensure compliance with relevant laws and regulations regarding employee compensation
  • Assist in the development and communication of compensation policies and procedures.
  • Advise on compensation matters related to mergers, acquisitions, and divestitures.

About You

Minimum Qualifications

  • Bachelor’s degree in Finance, Business Administration, or related field.
  • 5 - 10 years of experience specifically in a business facing compensation business partner role
  • Deep experience within companies that use equity as a component of compensation in executive and broad-based compensation
  • Excellent communication skills with the ability to influence and build relationships at all levels, including executive
  • Strong analytical skills with proficiency in compensation benchmarking tools and software.
  • Knowledge of relevant laws and regulations regarding compensation.
  • Excellent communication and interpersonal skills.

Preferred Qualifications

  • Experience with compensation design for M&A and acquihires
  • Prior rotations in supporting a variety of business units: R&D, G&A, Customer Care, Operations, etc
  • Experience with supporting sales organizations as a comp partner or in sales design

#LI-Remote

Instacart provides highly market-competitive compensation and benefits in each location where our employees work. This role is remote and the base pay range for a successful candidate is dependent on their permanent work location. Please review our Flex First remote work policy here.

Offers may vary based on many factors, such as candidate experience and skills required for the role. Additionally, this role is eligible for a new hire equity grant as well as annual refresh grants. Please read more about our benefits offerings here.

For US based candidates, the base pay ranges for a successful candidate are listed below.

CA, NY, CT, NJ
$203,000$225,000 USD
WA
$194,000$216,000 USD
OR, DE, ME, MA, MD, NH, RI, VT, DC, PA, VA, CO, TX, IL, HI
$186,000$207,000 USD
All other states
$168,000$187,000 USD