Steven Wu

Shopify recently announced Flex Comp (https://shopify.engineering/building-flex-comp), our new approach to compensation that puts product thinking at the forefront of how Shopify employees (a.k.a Shopifolk) get paid. Flex Comp gives Shopify employees the ability to choose how they want to allocate their total reward between base salary, Restricted Stock Units (RSUs), and Stock Options today, with new features like Shop Cash in the future.

This was an extremely cross functional build, with collaboration between product/design/engineering/data/HR – and of course our People Analytics team – all the way up to the CEO himself. To accomplish this, we needed to leverage many strategic bets we placed on our data infrastructure (dating back to our People Analytics’ team inception 5 years ago). This session will walk through Shopify’s opinionated approach to People Analytics which enables modern company engineering use cases like the Flex Comp we shipped and future ones like workforce planning.