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Principal Product Manager, Payroll (Hybrid)

Hi, Future Homie!

As a Homie, you'll be part of an unstoppable team that puts customers first, embraces each day with excitement, and strives for excellence in everything you do. We’re revolutionizing the way small businesses manage their teams and grow their business. What this means for you is a shared passion for innovation and making a difference for the people we serve. So what do you say, will you join us on our mission to empower small businesses?

As a Homie, you are a bar raiser, this means you come with:

  • 8+ years of experience in product management, with at least 3+ years focused on payroll, HR tech, or financial products.

  • Strong understanding of payroll processing, tax compliance, and regulatory requirements in the U.S.

  • Proven track record of successfully launching and scaling SaaS products.

  • Hands-on experience or knowledge in leveraging AI and LLM (Large Language Models) to improve product experiences, enhance decision-making, or streamline operations.

  • Familiarity with AI-driven solutions and automation in payroll processing, compliance, or HR technologies is a plus.

  • Excellent communication and leadership skills, with the ability to influence and work across various teams and departments.

  • Experience working in agile product development environments.

  • Strong analytical skills, with the ability to use data to drive decisions and measure success.

  • Ability to balance strategic thinking with execution and manage competing priorities.

  • Ability to collaborate in office weekly on Tuesdays and Wednesdays

As a Homie, you will make an impact by:

As the Principal Product Manager, Payroll, you will lead the strategic direction and development of Homebase’s payroll product. You will work cross-functionally with engineering, design, operations, and other stakeholders to deliver innovative and reliable payroll solutions that meet the needs of small businesses. Your primary responsibility is to drive the product vision, strategy, and roadmap for the payroll product, ensuring it is easy to use, compliant with regulations, and integrates seamlessly with the broader Homebase ecosystem.

Key Responsibilities

  • Product Strategy & Vision: Define and drive the payroll product vision, strategy, and long-term roadmap in alignment with the company’s overall goals.

  • Customer-Focused Development: Engage deeply with customers to understand their needs, pain points, and how payroll fits into their broader HR and operational challenges.

  • Cross-Functional Leadership: Work closely with engineering, design, data science, sales, and payroll operations to develop, launch, and scale payroll solutions.

  • Compliance & Accuracy: Ensure payroll solutions comply with all applicable federal, state, and local regulations, focusing on accuracy and ease of use.

  • Data-Driven Decisions: Use data and analytics to make informed product decisions, measure product success, and drive improvements in payroll performance.

  • Market Analysis: Stay informed about market trends, competitive landscape, and emerging payroll technologies, including advancements in AI/LLM, to keep Homebase payroll products competitive and innovative.

  • Scalability: Ensure the payroll product can scale to meet the needs of a growing customer base while maintaining a high-quality user experience.

  • Stakeholder Management: Collaborate with internal and external stakeholders, including leadership, partners, and customers, to ensure alignment on product goals and delivery timelines.

What We Offer 

  • California Only: Annual salary $210,000 - $240,000 + Stock Options

  • Stock Options - Everyone is an Owner! 

  • 401(k) program + 4% company match

  • Employer supplemented Medical, Dental, and Vision Insurance Plans

  • 20 days of accrued PTO, annual paid holidays and paid volunteer time off

  • Continued learning and development stipend

  • Paid life insurance

  • Short- and long-term disability coverage

  • Paid parental leave

  • Commuter benefits

  • Flexible spending account (FSA) options

  • Top-of-the-line equipment and stipend for workspace setup 

  • Work from home Monday, Thursday, & Friday 

  • Meals provided at our vibrant work spaces

  • Team offsites and monthly opportunities to engage with fellow Homies

What to Expect During the Interview Process:

Diversity, Equity, and Inclusion at Homebase

At Homebase, we take pride in fostering a welcoming space where every Homie of every gender, age, orientation, culture and walk of life can be their full selves. Diverse perspectives empower us to build the best-in-class platform for small businesses and hourly shift workers. We recognize that experience comes in many forms, so if you think you’re close to what we’re looking for (even if you don’t meet 100% of the qualifications), we encourage you to apply!

About Us

Our mission is to make small business teams unstoppable.

Homebase is the everything app for hourly teams, with employee scheduling, time clocks, payroll, team communication, HR, and more. More than 100,000 small (but mighty) businesses rely on Homebase to make work radically easy and give their teams superpowers. As the leader in small business team management, Homebase tracked 1+ billion hours for 2.5+ million workers last year.

Homebase is based in San Francisco, Houston, Denver, and Toronto. We are backed by leading venture investors L Catterton Growth, Emerson Collective, Notable Capital, Bain Capital Ventures, Khosla Ventures, Baseline Ventures, Cowboy Ventures, Bedrock Capital, and PLUS Capital.

At Homebase, we value our differences, and we encourage all to apply. We do not discriminate on the basis of race, religion, color, gender expression or identity, sexual orientation, national origin, citizenship, age, marital status, veteran status, disability status, or any other characteristic protected by law. Homebase will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance. Homebase is an equal-opportunity employer and participant in the U.S. Federal E-Verify program.

**Interview Recording Notice

By participating in interviews with Homebase, you consent to the use of Metaview, a recording and transcription tool, during the interview process. Please be aware that all interviews may be recorded and transcribed for the purpose of evaluating candidates and ensuring the quality of our recruitment process. If you do not consent to being recorded, please inform the Talent Team at the beginning of the call, and appropriate arrangements will be made to accommodate your preference. Your privacy is important to us, and the recorded interviews will only be used for internal evaluation and assessment of candidates.

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Average salary estimate

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What You Should Know About Principal Product Manager, Payroll (Hybrid), Homebase

Hey there, Future Homie! Are you ready to make a significant impact as the Principal Product Manager for Payroll at Homebase? Join us on an exciting journey where we help small businesses thrive by simplifying how they manage their workforce. This role is not just about product management; it’s about creating incredible payroll experiences that empower our clients. With your extensive background of over 8 years in product management, especially in payroll and HR tech, you’ll lead the vision and strategy for our payroll offerings. You’ll collaborate with talented engineers, designers, and the operations team to create innovative, compliant, and user-friendly solutions. Your understanding of payroll processing, tax obligations, and regulations will be pivotal as you dive into customer needs and shape how our product evolves. The ideal candidate thrives in agile environments, balances strategic thinking with execution, and can skillfully maneuver through competing priorities. As you engage with our diverse homie team, you’ll enjoy a hybrid work arrangement, including collaborative office days and the flexibility to work from home. We offer fantastic benefits, including stock options, generous PTO, access to wellness programs, and a vibrant office culture that celebrates teamwork and inclusion. So, what do you say—are you ready to take Homebase's payroll product to new heights?

Frequently Asked Questions (FAQs) for Principal Product Manager, Payroll (Hybrid) Role at Homebase
What qualifications are needed for the Principal Product Manager, Payroll at Homebase?

To succeed as a Principal Product Manager, Payroll at Homebase, candidates should have over 8 years of experience in product management, with at least 3 years focused on payroll, HR tech, or financial products. A deep understanding of payroll processing, tax compliance, and regulatory requirements in the U.S. is crucial for this role.

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What is the product strategy for the Payroll product at Homebase?

The product strategy for the Payroll product at Homebase revolves around understanding customer needs, ensuring compliance with regulations, and leveraging innovative technologies, including AI, to streamline payroll processes. As the Principal Product Manager, you will define this vision and long-term roadmap aligned with the company’s goals.

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How does Homebase ensure compliance and accuracy in its payroll solutions?

Homebase prioritizes compliance and accuracy in its payroll solutions by staying updated on federal, state, and local regulations. As the Principal Product Manager, you will oversee the development of solutions that are reliable and easy to use, ensuring they meet all regulatory standards.

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What benefits are offered to employees in the Principal Product Manager role at Homebase?

Aside from a competitive salary ranging from $210,000 to $240,000, Principal Product Managers at Homebase enjoy stock options, a 401(k) program with company matching, comprehensive health insurance, ample PTO, and various wellness programs. Plus, you’ll benefit from a flexible work schedule.

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What does the hybrid work model look like for the Principal Product Manager at Homebase?

At Homebase, the Principal Product Manager, Payroll will work in a hybrid model, which includes in-office collaboration on Tuesdays and Wednesdays. This blend of in-office and remote work fosters teamwork and innovation, allowing for a dynamic work atmosphere.

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How does Homebase foster diversity and inclusion within its workforce?

Homebase prides itself on creating a welcoming environment for all 'Homies.' The company actively promotes diversity, equity, and inclusion and encourages applicants from all backgrounds to join the team, making sure that every voice is valued and impactful in the product development process.

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What technologies and methodologies does Homebase leverage in product development?

Homebase utilizes agile product development methodologies and is keen on leveraging advanced technologies such as AI and Large Language Models (LLM) to enhance its payroll product. The aim is to create innovative solutions that align with the evolving needs of small businesses.

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Common Interview Questions for Principal Product Manager, Payroll (Hybrid)
Can you describe your experience with payroll processing at previous companies?

When answering this question, focus on specific payroll systems you have worked with, your role in optimizing these processes, and your understanding of the compliance aspects involved. Detail any significant improvements you implemented and how they impacted the business.

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How have you utilized data to make product decisions in payroll management?

Discuss specific instances where you’ve used data analytics to inform product decisions. Mention the types of metrics you tracked, how you interpreted the data, and the outcomes of your data-driven strategies to enhance payroll functionality or user satisfaction.

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What methods do you employ to engage with customers to gather their feedback?

Highlight methods such as user interviews, surveys, and feedback sessions. Emphasize your ability to build relationships with customers and how their feedback has directly influenced your product development or enhancements in past roles.

Join Rise to see the full answer
How do you prioritize features when developing a payroll product roadmap?

Explain your framework for prioritization—whether it’s based on customer need, market trends, or technical feasibility. Discuss your ability to balance strategic goals with agile responsiveness to customer feedback and market pressures.

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What experience do you have working with cross-functional teams?

Describe specific projects where you collaborated with engineering, design, and data science teams. Discuss the importance of communication, alignment, and how you ensured that all teams worked toward a shared goal in the product development process.

Join Rise to see the full answer
How would you handle conflicts between product vision and stakeholder expectations?

Provide a situation from your past where you successfully managed a conflict. Discuss your approach to listen, facilitate discussions, and arrive at a compromise that aligns with the product vision while addressing stakeholder concerns.

Join Rise to see the full answer
Describe your knowledge of payroll regulations and compliance requirements.

Showcase your familiarity with key payroll regulations, such as IRS guidelines, state tax laws, and labor laws. Discuss how you have ensured compliance in past roles and the importance of these regulations in building a trusted payroll system.

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What innovations do you think are important for payroll solutions now and in the future?

Discuss your insights on trends such as AI integration, automation, and user experience improvements. Highlight how these innovations can transform payroll management for small businesses and enhance compliance and efficiency.

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How do you measure the success of a payroll product?

Talk about various metrics such as customer satisfaction scores, compliance accuracy rates, user adoption, and churn rates. Illustrate how you’ve used these metrics in previous roles to drive product iterations and improvements.

Join Rise to see the full answer
What role does team culture play in your approach to product management?

Share your views on the importance of cultivating a positive team culture within product management. Discuss how you encourage collaboration, creativity, and support to maintain high team morale and productivity.

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Our mission is to make hourly work easier for local businesses and their employees. We're building the operating system for hourly work—for business owners and workers. We help small businesses with scheduling, timesheets, labor costs, hiring, on...

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BENEFITS & PERKS
Dental Insurance
Disability Insurance
Flexible Spending Account (FSA)
Vision Insurance
Paid Holidays
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Full-time, hybrid
DATE POSTED
November 24, 2024

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