Senior Analyst, Total Rewards and People Analytics

Senior Analyst, Total Rewards and People Analytics

FIGS is seeking a highly analytical Senior Analyst to serve as the People Team's strategic data partner. This role will drive compensation analysis, equity forecasting, workforce planning, organizational modeling, and people analytics that inform executive decision-making and business strategy.

The ideal candidate is equally comfortable building complex workforce models, conducting compensation analyses, forecasting headcount needs, and translating data into actionable insights. This role serves as a critical partner to the Chief People Officer and collaborates closely with Talent Acquisition leadership on workforce planning and talent strategy initiatives.

Compensation

• Conduct market pricing and benchmarking analyses using Radford and other survey sources. Including maintaining internal benchmarking tracker.
• Support salary structure maintenance and compensation governance.
• Partner with Talent Acquisition and HRBPs on compensation recommendations for new hires, promotions, and internal movement.
• Support annual compensation planning, including merit, promotion, and incentive cycles.
• Conduct pay equity and pay transparency analyses.

Equity Administration & Forecasting

• Support the administration of equity programs and new hire grants.
• Maintain equity forecasting models and reporting.
• Coordinate equity audits and ensure data accuracy.
• Partner with Finance and Accounting on stock compensation forecasting and planning.

Workforce Planning

• Own the end-to-end forecast of employee costs, including headcount, compensation, benefits, and related expenses, and build scenario analyses to assess the budget impact of workforce decisions
• Support the transition of the People Model into Planful and become a Planful expert
• Manage workforce forecasts, hiring plans, and headcount planning processes.
• Support annual operating planning and quarterly forecast cycles.
• Partner with CPO and Talent Acquisition leadership on workforce planning and hiring demand forecasting.
• Model organizational growth scenarios and workforce investments.
• Partner with Finance to reconcile actuals, forecasts, and headcount plans.

Benefits Administration

• Coordinate day-to-day administration of employee benefits programs.
• Support annual open enrollment activities.
• Manage benefits eligibility audits and vendor file feeds.
• Manage LOA calculations - for compensation and benefits.
• Coordinate COBRA administration and employee benefit changes.
• Reconcile monthly benefits invoices and escalate discrepancies.
• Support employee inquiries and partner with vendors to resolve issues.
• Maintain benefits documentation and employee-facing resources.

People Analytics

• Serve as the People Team's analytics lead.
• Develop executive dashboards and workforce reporting.
• Analyze trends related to hiring, retention, turnover, mobility, engagement, diversity, performance, and organizational health.
• Conduct organizational effectiveness analyses, including spans and layers, manager effectiveness, and workforce productivity metrics.
• Deliver insights and recommendations that inform business and talent decisions.

Compliance & Governance

• Support SOX, compensation governance, 401k Audit, pay transparency compliance, and compensation-related audit activities.
• Maintain documentation and controls related to compensation and equity programs.
• Ensure the integrity and accuracy of workforce planning and compensation data.

Qualifications

• 4+ years of experience in Compensation, Workforce Planning, People Analytics, or a related analytical function.
• Advanced Excel skills and demonstrated experience building complex workforce and financial models.
• Experience with compensation benchmarking and compensation analysis.
• Experience with workforce planning, forecasting, or headcount modeling.
• Experience with Planful or similar planning platforms strongly preferred.
• Strong analytical storytelling and ability to translate data into strategic business recommendations.
• Experience partnering with Finance and Talent Acquisition leaders preferred

FIGS Compensation and Benefits

• Pay Range: At FIGS, your base salary is one part of your total compensation package. This role's base salary range is between $90,000 and $105,000. Actual base salary is determined based on a number of factors, including but not limited to your relevant skills, qualifications, and years of experience.

• FIGS provides a discount when purchasing FIGS stock voluntarily through our FIGS Employee Stock Purchase Plan

• Other compensation and benefits offered include:
• Comprehensive benefits and perks package focused on your well-being, including premium medical, dental and vision coverage, and full access to wellness services through Breethe and Classpass. 100% FIGS-sponsored life insurance and disability insurance
• Amazing 401(k) program, with a company match up to the first 6% of your contribution
• Generous paid time off - We have 12 company holidays. For salaried team members, we offer flexible vacation. For our hourly team members, we offer up to 3 weeks of accrued vacation
• Meaningful time away for baby bonding, including parental leave, new parent care meals, and a transition back to work for primary caregivers
• FIGS sponsored Uber Eats voucher for in-office weeks
• Personalized discount code for 50% off all FIGS products, along with a separate code to share with family and friends to enjoy a 25% discount site-wide
• Access to FIGS Vet, Discounted Pet Daycare, Discounted Pet Insurance, and so much more

*Benefits eligibility is determined by hour requirements and length of service

A little bit about us

FIGS, Inc. is a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that seeks to celebrate, empower and serve current and future generations of healthcare professionals. We redefine what scrubs are by creating technically advanced apparel and products that feature an unmatched combination of comfort, durability, function and style, all at an affordable price. With the largest DTC platform in healthcare apparel, we sell our products to a rapidly growing community of loyal customers. Through these customer relationships, FIGS has built a community and lifestyle around a profession, revolutionizing the large and fragmented healthcare apparel market and becoming the industry's category-defining healthcare apparel and lifestyle brand.

Our Threads for Threads initiative is integral to our mission to improve the lives of healthcare professionals on a global scale. Founded alongside FIGS in 2013, Threads for Threads donates scrubs to healthcare professionals working in resource-poor countries around the world.

FIGS considers all Qualified Applicants, including those with Criminal Histories (e.g., arrests or conviction records), for Employment in accordance with applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, the Los Angeles County Fair Chance Ordinance for Employers, and the California Fair Chance Act.

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