Senior Analyst, Total Rewards and People Analytics

About the role

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.

Responsibilities

• 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.
• Support the administration of equity programs and new hire grants.
• Maintain equity forecasting models and reporting.
• Collaborate on equity audits and ensure data accuracy.
• 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.
• Manage workforce forecasts, hiring plans, and headcount planning processes.
• 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.
• 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.
• Deliver insights and recommendations that inform business and talent decisions.
• 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.