Upgrade is a fintech company that provides affordable and responsible credit, mobile banking, and payment products to everyday consumers. We were the fastest growing company in the Americas last year according to the Financial Times and Upgrade Card was the fastest growing credit card in America two years in a row. We have delivered over $33 billion in affordable and responsible credit to our 5.5M customers. The company is backed by some of the most prominent technology investors and was recently valued at $6.3B.
We have built an energizing, collaborative and inclusive culture where team members help each other, learn and innovate to move the company and its customers in the right direction, and own the outcome of their efforts.
Upgrade has been named a “Best Place to Work in the Bay Area” three years in a row, “Top Companies to work for in Arizona” and one of the "Best Engineering Department" awarded annually by Comparably. We've also received recognition for being a best company for Diversity, Women, Culture, and Veterans.
We are looking for new team members who get excited about designing and delivering new and better products to join a team of 1850 talented and dedicated professionals. Come work with us if you like to tackle big problems and make a meaningful difference in people's lives.
About the Role:
We are looking for a Compensation and Benefits Analyst who will report to the Senior Manager of Total Rewards. This person will play a key role in supporting the design, implementation and administration of compensation and benefits programs to attract, retain, and motivate employees while ensuring market competitiveness and compliance. This role conducts market research, analyzes compensation and benefits data, and provides insights that help shape the organization's total rewards strategy. The analyst collaborates with internal stakeholders to ensure People Operations programs align with business objectives and employee needs.
What You’ll Do
- Supports job evaluations and compensation recommendations by analyzing pay data and job classifications.
- Conducts pay equity reviews and assist with compensation audits.
- Provides reporting and insights on salary trends, pay adjustments, and compensation programs.
- Support the midyear and year end compensation adjustment process.
- Supports the administration of incentive and merit-based compensation programs.
- Advises Leadership on compensation guidelines and best practices.
- Conduct market research and salary benchmarking to ensure competitive compensation practices.
- Analyze and interpret compensation data to support decision-making.
- Assist in compliance with federal, state, and local compensation laws and regulations.
- Provide compensation recommendations based on internal and external data.
- Maintain compensation databases and ensure accuracy in reporting.
- Partner with Finance on process controls, SOX testing and documentation, and IPO readiness.
- Assists with benefits program administration, including enrollments, terminations, and changes.
- Responds to employee inquiries regarding benefits offerings, eligibility, and policies.
- Supports benefits compliance, including ACA, FMLA, COBRA, and other regulatory requirements.
- Assists in reviewing benefits utilization trends and identifying opportunities for program enhancements.
- Supports benefits communication efforts, including open enrollment, employee education, and wellness initiatives.
What We Look For:
- Bachelor's degree in Human Resources, Business Administration, or related field preferred.
- 3 to 5 years of experience in Compensation, Benefits, or HR administration with prior exposure to incentive compensation.
- Strong analytical skills with the ability to interpret and present data effectively.
- Proficient in HRIS, compensation tools, and microsoft excel
- Knowledge of compensation laws and benefits regulations (FLSA, ACA, FMLA, COBRA).
- Ability to work effectively in a fast-paced environment.
- Strong attention to detail, problem-solving, and organizational skills.
- Excellent communication skills, with the ability to explain complex HR topics clearly.
What We Offer You:
- Competitive salary and stock options
- 100% paid coverage of medical, dental and vision insurance
- Flexible PTO
- Opportunities for professional growth and development
- Paid parental leave
- Health & wellness initiatives
The compensation range of this position in San Francisco, CA is USD $95,000-$110,000 annually plus equity and benefits. Within this range, an individual's base pay will be dependent on a variety of factors, including without limitation, job-related knowledge, skills, education, and experience.
#BI-Hybrid #LI-Hybrid
For California residents: Upgrade's California Notice at Collection and Privacy Policy describes our practices regarding the collection, use, and disclosure of the personal information of job applicants.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Top Skills
What the Team is Saying
What We Do
Upgrade offers affordable and responsible credit, mobile banking and payment products to everyday consumers. Our innovative financial products help our customers move their finances in the right direction and put more money in their pocket.
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Upgrade, Inc. Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
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