Who we are:
MasterClass is transforming online education by enabling anyone in the world to learn from the very best. We are deconstructing what makes an actor able to cry on demand, how an athlete defies gravity, and what it takes to write a bestseller. Our online learning content is available to students anywhere anytime, which supports our mission to ignite the greatness in others.
We are a quickly growing VC-funded startup based in San Francisco, with additional offices in Los Angeles. We have created online classes taught by famous masters— Gordon Ramsay, Serena Williams, Neil deGrasse Tyson, Sara Blakely, David Sedaris, Bobbi Brown, Timbaland, Anna Wintour and many more to come.
Since launching in 2015, we have been growing our team.
Apply now to find out more about what we are doing behind the scenes.
Responsibilities of the role:
- Partner with stakeholders on the compensation benchmarking and market research process; evaluate and perform analysis on pay market positioning, salary structures, and pay mixes to ensure market competitiveness to support overall compensation strategy.
- Participate in the development, management, and execution of compensation programs such as annual reviews and promotions
- Plan and communicate compensation structures and programs to recruiters, HR partners, and MasterClass business leaders to help answer questions and help evaluate job levels and other general comp inquiries.
- Drive job evaluations and analyze base salaries, equity and incentive plans for external competitiveness, internal equity, and legal compliance.
- Manage the annual salary planning process, equity compensation program, including any future incentive plans.
- Manage salary survey participation and make recommendations to enhance compensation packages.
- Partner with the Talent Acquisition Team and HR Business Partners to properly level job requisitions based on variances including role function.
- Collaborate with HR Business Partners to develop communication plans related to compensation policies, procedures, and training to all levels of employees
- Review and reconcile gaps, overlaps, and inconsistencies among various data sets to ensure data accuracy.
- Partner with the Sr.
People Systems Analyst to continuously refine & enhance any future HCM compensation planning module.
- Handle confidential and sensitive data with the utmost integrity
- Conduct Ad Hoc Reporting and analytics.
Create Google sheets and Dashboards.
- Establish and maintain a deep understanding of the overall business and how competitive compensation programs enable the execution of the company priorities
- Conduct benchmarking and data analysis to formulate recommendations that ensure competitive, cost-effective, and legally compliant total direct compensation programs and practices.
- Manage compensation components and participate in the development of the annual wage plan for the organization.
Review market data and identify changes in salary structure and pay rates in order to maintain a competitive position.
- Maintain and audit compensation related information, such as job codes, salary plans, grades.
- Partner with Payroll and the People Team regarding pay and job changes.
- Ensure pay practices remain compliant with federal, state, and local regulations.
Requirements:
- 5+ years of experience in compensation, consulting, or related field in a high-growth, fast-paced environment.
- A strong background in Mathematics, Finance, Statistics, or Economics is preferred
- Experience with compensation modules within HCMs (i.e., Workday, Ultipro, Oracle.
ADPWorkforceNow)
- Experience building compensation systems, managing projects, and scaling processes and working towards automation.
- Strong analytical and Excel/Google Sheets skills are required to analyze data and create meaningful, understandable models and reports; ability to see beyond the numbers to drive sound decision-making
At MasterClass, we believe we put our best work forward when our employees bring together ideas that are diverse in thought.
We are proud to be an equal opportunity workplace and are committed to equal employment opportunity regardless of race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, genetic information, veteran status, gender identity or expression, sexual orientation, or any other characteristic protected by applicable federal, state or local law.
In addition, MasterClass will provide reasonable accommodations for qualified individuals with disabilities. If you have a disability or special need, we would like to know how we can better accommodate you.