Company Overview
Farmers Business Network (FBN) is on a mission to power the prosperity of family farmers and rural communities around the world, transforming how the world farms with an integrated, technology-enabled agricultural platform.
We offer high ROI farm inputs, fintech and sustainability products and services powered by network data, and farm-tested insights from our global farmer community. Our platform helps FBN members make confident decisions to ensure the economic viability of their farms, while also empowering them to be a part of the solution as the global community confronts its most pressing issues: providing food security for a growing population, transitioning to more sustainable agriculture, and responding to climate change.
We are a dynamic, innovative, and mission-driven AgTech company that offers competitive compensation and benefits as well as boundless career mobility. We are backed by top investors, including Fidelity, ADM, Google Ventures, Kleiner Perkins, DBL Partners, T Rowe Price and Temasek. We have been featured in these articles by the Wall Street Journal and Forbes, and were also named “One of the 50 Most Innovative Companies in the World” by Fast Company Magazine.
POSTION DESCRIPTION
We are excited to add a Compensation & Equity Manager to our growing People team. A successful candidate will love the challenge of synthesizing data to tell a story and be able to develop strategic and practical solutions to rewards questions that challenge established norms. The ideal candidate will have a knack for simplifying the complex and take a consultative approach to effectively influence a wide variety of stakeholders. Combining data and feedback from across FBN with the latest industry research, this individual will make large-scale, data-driven decisions that will have a huge impact.
CORE RESPONSIBILITIES
- Maintain an accurate database of FBN roles and compensation benchmarks through market pricing of new roles and regular updates to existing benchmarks based on market data.
- Clearly define and manage the annual rewards calendar for compensation planning cycles for base pay, incentives and equity distribution leveraging Workday, including a wider roll out of FBN’s Market Pay philosophy
- Set annual stock guidelines for new hires and refresh grants
- Manage annual equity refresh grant cycle leveraging Workday to include leadership buy in, training and communication planning
- Manage equity share utilization, burn rate, pool and Compensation Committee preparations
- Ensure global compensation survey participation and establish regular market benchmarking processes that inform the competitiveness of total pay across the organization
- Advanced technical depth and ability to lead either design of sales incentives for a diverse direct salesforce -or- global broad based and executive equity programs (design and forecast burn rate, dilution, etc for Compensation Committee reporting)
- Provide subject matter expertise and accurately interpret, counsel, communicate, and educate HR Business Partners, managers, and executives on pay decisions, policy and guideline interpretations, job evaluations and new hire offers
- Partner with the Legal and Finance teams to craft, budget, update, communicate and disclose compensation plans
- Maintain compliance with all applicable country and state regulations governing global compensation programs
MINIMUM REQUIREMENTS
- Minimum of 7 years of compensation related experience; knowledge of technology, agriculture and/or financial services industries highly preferred
- Progressive Compensation experience; should include design, development, and implementation of base and either sales incentives or equity programs
- Experience in high growth privately held companies is ideal
- High learning agility including the ability to deal well and thrive in complexity and ambiguity
- Strong leadership capabilities and proven as a dynamic HR People partner
- Experience working for a global company, where success requires leading through matrix structures and where building relationships to influence things outside your direct control are essential
- Demonstrated large scale project management experience
- Systems thinking skills and ability to develop solutions in the context of big picture objectives
- Expert level spreadsheet skills, data analysis and visualization skills
- Excellent communication skills, both written and verbal including ability to convey complex concepts in presentation materials and in delivering presentations to all audiences
- Experience with Workday Advanced Compensation Module
- Bachelor’s degree required
To understand the physical demands of this job, please click this link and refer to Template B.
The following represents FBN’s reasonable estimate of the US national average base salary range for this role based on market data and placement of internal employees: $125,000 – $154,000. This salary range may vary based on geography and the higher cost of labor in some metropolitan areas.
Beyond Base Pay, FBN also offers all full-time/permanent employees competitive total compensation packages that include equity compensation, paid holidays plus an additional floating holiday, work flexibility including paid time off and remote work if your role is eligible, parental leave, benefits including but not limited to: medical, dental, vision, wellbeing, short & long term disability, life insurance, 401k, HSA employer contributions, and more.
FBN is proud to be an equal opportunity employer that is committed to diversity and inclusion in the workplace. We do not discriminate in hiring or any employment decision based on race, color, religion, national origin, age, sex (including pregnancy, childbirth, or related medical conditions), marital status, ancestry, physical or mental disability, genetic information, veteran status, gender identity or expression, sexual orientation, or other applicable legally protected characteristic. FBN considers qualified applicants with criminal histories, consistent with applicable federal, state and local law.
We participate in the E-Verify program in certain locations as required by law. Learn more about the E-Verify program here.
FBN is also committed to providing reasonable accommodations to the known limitations for qualified applicants with disabilities and disabled veterans in our job application process. If you need assistance to complete this form or participate in an interview, please let us know.
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