Principal Compensation Partner

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Logo of Cars Commerce

Cars Commerce

1001 - 5000 employees

💼 Consulting

📣 Marketing

📦 Logistics

Consulting • Marketing • Logistics

Cars Commerce is a comprehensive online platform that facilitates the buying, selling, and research of vehicles. It provides a wide range of listings for new and used cars, along with tools and resources for customers to compare different makes and models, read reviews, and obtain financing options. With a focus on enhancing the car shopping experience, Cars Commerce connects sellers with local dealers and offers estimates for vehicle sales, ensuring a streamlined process for prospective buyers and sellers alike.

📋 Description

• Support executive compensation programs, including base salary, annual incentive, and long-term incentive design and benchmarking • Prepare analyses and materials for Compensation Committee meetings and executive offer/promotion decisions • Lead the design and ongoing refinement of merit cycles, bonus/incentive plans, promotion guidelines, and pay equity processes • Own end-to-end equity program administration, including grant modeling, vesting schedules, dilution/burn rate analysis, and reconciliation with equity management systems • Provide strategic consultation for HR partners and senior leaders • Design and build a streamlined compensation analytics platform with reusable models, dashboards, and QA processes • Help establish the company’s job architecture, including job families, levels, and career ladders, and build its governance process • Develop market pricing methodology, salary structure, and geographic differential approach • Develop comprehensive training and enablement programs • Report to the Sr. Director of Total Rewards

🎯 Requirements

• 8+ years of progressive compensation experience, including direct exposure to executive compensation, equity administration, and compensation program development and execution • Track record of independently owning and building compensation processes • Ability to turn ambiguous requests into repeatable, well-documented programs • Strong Excel and financial modeling skills • Comfort working directly with senior leadership and potentially preparing Compensation Committee materials • Strong analytical rigor • Clear written and verbal communication • Preferred: Experience with compensation or equity systems such as Workday, Radford/Aon, Merrill Lynch, Carta, Pave, Compa, or similar • Preferred: Experience partnering with Legal and Finance on executive pay disclosure requirements such as CD&A • Preferred: Prior experience building or scaling job architecture from the ground up • Preferred: Prior experience supporting equity administration • Applicants must be authorized to work in the United States • Cars Commerce is unable to sponsor employment visas at this time

🏖️ Benefits

• Bonus and/or equity programs, depending on level and role • Comprehensive benefits package for regular full-time positions • Medical, Dental & Vision Healthcare Plans • New Hire Stipend for Home Office Set-Up • Generous PTO • Paid Holidays • Floating Holiday • Volunteer Day • Recharge Day • Exciting training and development opportunities

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