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Luma AI

Compensation Analyst

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In-Office
Palo Alto, CA, USA
In-Office
Palo Alto, CA, USA

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You'll shape the way we reward, motivate, and retain the talented minds building our multimodal AI future. You'll own our compensation strategy, bringing clarity, fairness, and innovation to a critical part of Luma’s growth journey, working directly alongside leadership, HR, and finance teams.

What a Typical Week Might Look Like

  • Crunching numbers and turning compensation data into actionable insights—your analytics directly influencing hiring and retention decisions.

  • Collaborating with HR and recruiting teams, guiding them through salary offers and job leveling conversations.

  • Conducting detailed market analysis using tools like Mercer and Radford to ensure our compensation remains competitive and equitable.

  • Developing models and scenarios to help leadership visualize compensation strategies aligned with Luma’s ambitious growth plans.

  • Updating job architectures and compensation structures as we scale, ensuring fairness and transparency remain core to our values.

  • Keeping a pulse on market trends and proactively recommending adjustments to stay ahead in a rapidly evolving AI landscape.

Your Background Looks Something Like

The Essentials:

  • 3-5 years in compensation, finance, or analytical roles, ideally in fast-paced tech or startup environments.

  • Expert-level spreadsheet skills—you love creating pivot tables, complex models, and scenario analyses.

  • Hands-on experience with salary benchmarking surveys like Mercer, Radford, and Pave.

  • Strong grasp of equity compensation, private company valuation, and option pricing (e.g., 409A).

What Would Make You Exceptional:

  • Experience using AI tools to automate workflows or enhance compensation analytics.

  • A knack for translating intricate data insights into clear, compelling narratives for leadership.

  • Proven comfort navigating ambiguity and fluidly shifting priorities in a startup context.

You Might Really Thrive Here If...

  • You’re energized by solving complex puzzles—especially ones involving data and human psychology.

  • You genuinely care about fairness and transparency, and you’re excited to build systems that reflect those values.

  • You can seamlessly move between deep spreadsheet work and lively discussions about team growth.

  • You appreciate the fast-paced unpredictability of startups and have the adaptability to match it.

  • You're intrigued by how compensation shapes company culture and motivates teams.

Some of the Cool Things We're Working On

  • Scaling our compensation infrastructure from scratch to support our explosive growth.

  • Exploring creative approaches to equity and rewards that resonate with a diverse and innovative team.

  • Leveraging AI-driven tools for more dynamic, predictive compensation insights.

  • Designing strategies to support and attract global talent in competitive AI markets.

  • Ensuring our compensation philosophy actively supports and enhances our inclusive company culture.

About Luma AI

At Luma, we're building multimodal AI to expand human imagination and capabilities. We believe the next leap in AI won't come from language alone—but from models that can see, understand, create, and interact with the world visually.

Dream Machine is just the beginning. We're creating an intelligent creative partner—one that helps people express what's in their mind's eye, without needing the perfect words. Think: generative AI that's not just helpful, but beautifully intuitive and deeply visual.

We're product-focused, fast-moving, and shipping like crazy. Our team is small, sharp, and obsessed with building things that feel magical. If that resonates, keep reading.

HQ

Luma AI San Francisco, California, USA Office

San Francisco, CA, United States

What you need to know about the San Francisco Tech Scene

San Francisco and the surrounding Bay Area attracts more startup funding than any other region in the world. Home to Stanford University and UC Berkeley, leading VC firms and several of the world’s most valuable companies, the Bay Area is the place to go for anyone looking to make it big in the tech industry. That said, San Francisco has a lot to offer beyond technology thanks to a thriving art and music scene, excellent food and a short drive to several of the country’s most beautiful recreational areas.

Key Facts About San Francisco Tech

  • Number of Tech Workers: 365,500; 13.9% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Google, Apple, Salesforce, Meta
  • Key Industries: Artificial intelligence, cloud computing, fintech, consumer technology, software
  • Funding Landscape: $50.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Sequoia Capital, Andreessen Horowitz, Bessemer Venture Partners, Greylock Partners, Khosla Ventures, Kleiner Perkins
  • Research Centers and Universities: Stanford University; University of California, Berkeley; University of San Francisco; Santa Clara University; Ames Research Center; Center for AI Safety; California Institute for Regenerative Medicine

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