Head of Compensation & Total Rewards, Flex
$200-254k
+ Company equity
More information about location
3 days a week in office (Union Square, NY)
Flexible rent payment application
Open for applications
Flexible rent payment application
501-1000 employees
Open for applications
$200-254k
+ Company equity
More information about location
3 days a week in office (Union Square, NY)
501-1000 employees
Company mission
Flex's mission is to empower as many renters as possible with flexibility over their most significant recurring expense.
Role
Who you are
- 5+ years of experience in compensation, benefits, or total rewards, ideally within a high-growth or startup environment
- Strong understanding of compensation frameworks, benchmarking methodologies, and equity design
- Experience managing U.S. employee comp/benefits programs; familiarity with international comp/benefits a plus
- Experience supporting equity strategy and compliance, particularly in preparation for future liquidity or financing milestones
- Proficient in compensation modeling and analytics; advanced Excel/Google Sheets skills required
- A proactive, strategic mindset with strong execution muscle
- Excellent project management skills with strong attention to detail and process improvement
- Ability to synthesize complex information into clear guidance for both leadership and employees
- Highly collaborative and trusted by cross functional partners
- Comfortable navigating ambiguity and adapting to evolving business needs
- Confident communicator, both in writing and in presenting to groups or executives
What the job involves
- Our People Team is seeking a Head of Compensation & Total Rewards to own and evolve how Flex approaches compensation philosophy, market alignment, equity strategy, and employee total rewards
- This role will serve as a strategic partner to the business, ensuring our compensation and benefits practices support attraction, motivation, and retention of top talent while remaining aligned with our company values and business goals
- Own and drive partnership with People team, leadership, and Finance to design and manage equitable and scalable compensation programs across base compensation, equity, and bonus/variable pay
- Own the annual compensation review process in partnership with the People Operations and Finance teams, including planning, calibration, and employee communications
- Support and advise on executive compensation processes as needed
- Act as a strategic advisor to Talent Acquisition and leaders on compensation-related decisions to support new hire offer structuring
- Ensure internal consistency and external competitiveness across offers and ongoing compensation decisions
- Own all other programs that touch total rewards (e.g., relocation, bonuses, retention)
- Partner with People Operations, Finance, and Legal to manage equity administration processes and ensure compliance with internal policies and external regulations
- Drive communication and education efforts around equity, including grant documentation, refresh cycles, and employee facing resources
- Drive improvements and own ongoing management of the design and implementation of scalable equity programs aligned with compensation philosophy and company growth
- Own in preparing materials for internal meetings and audits related to equity
- Partner with People Analytics to monitor compensation/benefit trends and pay equity
- Lead efforts around benchmarking, including selecting data sources, defining methodologies, and establishing cadences for review to triangulate multiple inputs to arrive at the closest estimation of true market value
- Build clear, employee friendly communications to help team members understand their total rewards
- Create dashboards, models, and reporting to support decision making and leadership transparency around total rewards
- Own the design, administration, and optimization of employee benefits programs (health, wellness, retirement, leaves, and perks) in partnership with People leadership and our brokers and vendors
- Oversee open enrollment from end to end, ensuring a smooth, well communicated process for employees
- Identify opportunities to evolve or expand our benefits offerings to meet the needs of a growing and distributed team
- Serve as a point of escalation for employee questions and issues related to benefits, in collaboration with People Operations
- Ensure compliance with federal, state, and local compensation and benefits-related regulations. Owning recommendations for updates as needed
- Maintain internal documentation on compensation and benefits programs best practices
- Assist Finance with audits and reporting related to pay equity, ACA, 401(k), and other legal and compliance requirements
Our take
Many people struggle to pay their rent every month, with a variety of bills hitting their bank accounts simultaneously. Whilst many of these people earn enough money to cover their bills, the inflexible nature of monthly bills can make the all-in-one payment a harder obstacle.
Flex provides a mobile application for the flexible payment of rent, allowing users to pay their landlords through flexible payment plans, reschedule payments when necessary, and protect their funds through Overdraft Protection. The company achieves this by partnering with estate agents and paying their resident's bills upfront, taking on the challenges that landlords would normally have due to late payments.
Flex has experienced extremely rapid growth since its founding which has caused some issues, as it struggled to keep up with the surge in new customers. Having made improvements to its product and scaled its customer service team, it is set to continue providing a service that has come to be highly valued by both tenants and landlords.
Freddie
Company Specialist at Welcome to the Jungle
Insights
10% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Feb 2022
$160m
SERIES C
Apr 2021
$46.6m
SERIES B
Total funding: $225.1m
Company benefits
- 100% company-paid medical, dental, and vision
- 401(k) + company stock options
- Unlimited paid time off + company paid holidays
- Parental leave + IVF and adoption support
- Flex Cares Program: Non-profit company match + pet adoption coverage
- Pet Insurance
- Free Flex subscription
Company HQ
Midtown Manhattan, New York, NY
Leadership
Shragie Lichtenstein
(CEO)Experience working in venture capital investments for Point72 and TVC. Also co-founded Boundless Reality.
YeTong Shao
(CPO)Experience as Data Science Researcher. Also co-founded Boundless Reality.
Salary benchmarks
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