Senior Manager of Global Compensation

1 week ago

Chicago, United States 7percent Ventures Ltd. Full time
About Flexport:

At Flexport, we believe global trade can move the human race forward. That’s why it’s our mission to make global commerce so easy there will be more of it. We’re shaping the future of a $8.6T industry with solutions powered by innovative technology and exceptional people. Today, companies of all sizes—from emerging brands to Fortune 500s—use Flexport technology to move more than $19B of merchandise across 112 countries a year.

The recent global supply chain crisis has put Flexport center stage as we continue to play a pivotal role in how goods move around the world. At a valuation of $8 billion, we are proud to have the support of the best investors in the game who believe in our mission, solutions and people. Ready to tackle global challenges that impact business, society, and the environment? Come join us.

We’re looking for a Senior Manager of Compensation, who will be a key leader within the People Team at Flexport. As the Head of Compensation at Flexport, you will play a pivotal role in shaping and executing a forward-thinking, global compensation strategy. You will lead the design, implementation, and continuous improvement of comprehensive compensation programs, ensuring they are equitable, competitive, and aligned with both company values and business objectives. Your work will directly support Flexport’s ability to attract, retain, and motivate top talent in a fast-evolving market.

You’ll collaborate closely with our Head of People and executive leadership to provide data-driven insights on competitive labor trends, conduct job evaluations, and recommend salary structures and budgets. As the subject matter expert, you will ensure compliance with federal, state, and international regulations, while also bringing innovative approaches to compensation planning. You will be responsible for the strategic design and administration of incentive plans, stock options, as well as executive and bonus programs, driving high performance across the organization. Finally, you will monitor and oversee our current compensation tools and systems and contracts from a value-add and cost efficient perspective as well as the selection, implementation, and optimization of new tools and systems to ensure they scale with Flexport’s growth.

This role requires a commitment to an RTO policy of 2-3 days in the Chicago, IL or Dallas, TX office.

You will:
  • Oversee global compensation programs (broad-base, sales incentive, equity programs and recognition) in line with business needs and values. Provide flexibility and local customization to account for cultural, legal and market differences
  • Partner with the Head of People to manage all executive compensation initiatives including close partnership with external consultancy partners in preparation for and managing the deliverables of our quarterly Compensation Committee meetings
  • Partner with sales and sales operations leaders to assess, review and recommend most sensible sales compensation plans on a yearly basis as well as corresponding reviewing and updating sales compensation policies in order to foster employee behaviors resulting in optimal revenue generating positively impacting Flexport’s bottom line.
  • Partner with regional people business partners to ensure local intricacies as well as rules and regulations are considered, assessed and respected across compensation initiatives
  • Seek opportunities to improve processes and develop value added tools to enable internal clients and optimize cost sensitive decisions and offerings across all compensation matters
  • Oversee all annual and semi-annual compensation processes including the mid year and annual pay review cycle and salary structure updates
  • Manage and develop a team of compensation professionals - accountable for the day to day management and administration of Company compensation programs to ensure consistency and adoption of best practices
  • Collaborate with a high level of influence across functional leadership groups to ensure compensation plans and policies are developed and communicated effectively. Encourage innovative solutions and non-siloed thinking across functional areas.
  • Evaluate market dynamics and new business-driven requirements, such as market pricing pivots to address “hot” jobs in the market and creating new policies and processes accordingly. Maintain subject matter expertise on existing and and proposed statutory compensation requirements and recommends appropriate course of action
You should have:
  • Minimum 8 plus years of broad compensation experience (broad-base, bonus, sales incentive, equity and executive programs) with progressively increasing responsibility and complexity in a fast paced environment - preference for experience in the technology sector
  • Experience in managing global or multi-region compensation initiatives and the ability to scale your thinking and expertise to support a fast paced rapidly growing enterprise
  • Ability to influence and drive high level strategic global initiatives while also being able to dive deep and work with your team at a granular level
  • Proven managerial experience with the capability of developing and motivating staff
  • Demonstrated professional business acumen, collaboration and relationship building that translates short and long-term strategy into actionable and measurable plans
  • Strong quantitative skills including advanced excel skills to model various compensation scenarios
  • Demonstrated experience of successfully executing against tight deadlines and proactive issue resolution

#LI-Hybrid

Commitment to Equal Opportunity

At Flexport, our ability to fulfill our mission of making global commerce easy and accessible relies on having a diverse, dedicated and engaged workforce. That is why Flexport is committed to creating and nurturing an environment where anyone can be their authentic self. All qualified applicants will receive consideration for employment regardless of race, color, religion, sex, national origin, age, physical and mental disability, health status, marital and family status, sexual orientation, gender identity and expression, military and veteran status, and any other characteristic protected by applicable law.

Global Data Privacy Notice for Job Candidates and Applicants

Depending on your location, the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA) may regulate the way we manage the data of job applicants. By submitting your application, you are agreeing to our use and processing of your data as required. Please see our Privacy Notice available at www.flexport.com/privacy for additional information.

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