Global Total Rewards Director, Earnin
$198-245k
Plus equity
Paycheck advance service for employees
Job no longer available
Paycheck advance service for employees
201-500 employees
Job no longer available
$198-245k
Plus equity
201-500 employees
Company mission
Earnin’s mission is to build a financial system that works for people.
Role
Who you are
- 7+ years of analyst experience within Compensation, HR, People Operations, or a related department, focused on compensation strategy to include both equity and cash comp
- Bachelor's, Master’s or PhD degree or equivalent industry experience
- Experience in high tech required; bonus points if with a scaling start-up!
- Experience working in a fast-paced, high-performance environment where the business is constantly evolving
- End to end program ownership experience, defining objectives, developing and rolling out scalable processes and playbooks
- Strong excel, data collection, and data visualization skills. Tableau skills a plus
- Experience building dashboards and automating reports
- This role will be IC for the first year and expected to manage a small team thereafter; looking for 2 years+ people management experience
- Excellent attention to detail, highest degree of confidentiality and discretion, time management, presentation, and organizational skills
- Impeccable communication skills; able to explain complex ideas in a simple, clear manner, deftly answer challenging compensation questions, and connect with a variety of audiences to include the executive team, managers and employees
- Strong problem-solving, planning, and execution skills, including a desire to roll up sleeves to prioritize work, execute plans and meet deadlines
- This role will be IC for the first year and expected to manage a small team thereafter; looking for 2 years people management experience
- Preferred experience taking a company public or managing total rewards for a public company
- Knowledge of federal, state and local compensation and benefits laws, or foundational knowledge with the desire to learn and develop expertise
- Experience building and managing international benefits programs
- Experience owning end-to-end relationships with external consultants
- Deep knowledge of all types of equity (ISO, NQSO, RSU, etc)
What the job involves
- Attracting and retaining fantastic people is the most important thing we do at EarnIn
- Too often compensation is treated as a black box where a mass of data hidden in spreadsheets is used to spit out a number
- At EarnIn, we care deeply about building a competitive rewards strategy, and creating a positive employee experience with compensation
- How you communicate to and train employees and managers will be just as important as the data you provide
- We are experiencing rapid growth, so you should be comfortable and thrive in a very dynamic environment
- We are building and iterating many programs and processes and need a team member with a solid foundation of success in an ever-changing landscape!
- Develop and further implement EarnIn’s total rewards program, policies, and procedures for our employees across the US, Mexico, Canada, Thailand, and a team in India
- Optimize Total Rewards Program for Public Company Readiness including establishing a compensation committee and managing compliance deliverables
- Establish an equity award program that is sufficient to last 3 to 5 years post public offering
- Perform analysis and market studies on current programs, using insights to develop solutions that ensure internal fairness, external competitiveness, and alignment with EarnIn’s goals
- Partner with Recruiting on new hire compensation best practices and offer development
- Design a positive total rewards experience for our employees that allows them to clearly understand their compensation across the entire employee lifecycle
- Build retention strategies along with playbooks on how to communicate our approach to compensation
- Collaborate with functional leaders, People team, and EarnIn employees staff on benchmarking and pay decisions and policies, including offers, promotions, and internal transfers
- Support total rewards projects from design through execution, including modeling, project planning, communications, training and overall management of benefits, cash and equity/stock programs
- Dig deep into market data to inform and new programs and processes that will help support our high growth businesses
- Analyze trends in compensation and build intelligence through reporting
- Perform analysis on ad hoc requests and projects and prepare executive reports on the same
- Maintain the relationship with compensation survey providers and make sure we are keeping up with our data submissions
- Ensure compliance with employment-related federal and state statutory requirements regarding employee pay, and remain up-to-date on current compensation-related legislation
- Partner effectively with our finance team on payroll, stock administration, and forecasting efforts
- Build new total rewards processes and programs in partnership with executive stakeholders and present to CEO and executive team
Our take
Paying bills is an inevitable part of life, but paying them late or dipping into overdrafts can result in fees. This is the reality for millions of workers who have to wait for their pay checks to arrive – and the problem that companies like EarnIn are trying to solve. By allowing hourly workers access to their pay as it is earned rather than on a fixed date, it hopes to provide all Americans with the ability to deal with immediate costs without going into arrears.
Unlike competitors in this growing space such as Dave, Earnin charges no mandatory fees, instead gaining revenue through a voluntary tipping system. It also requires no credit checks to access its services, which puts it ahead of the growing number of digital banking solutions. This approach has garnered it a strong user base of over 300,000 business customers which offer Earnin as an employee benefit. Around 70 million paycheck advances were taken through the platform in 2022 alone, totalling $5 billion. Since then, this number has grown to an overall earnings access value of $15 billion.
Earnin is growing despite current difficulties in the wider tech landscape and is continuing to hire in all departments. It will continue to improve upon its offering and expand its network of businesses, aiming to give every employee in America control of the money they've earned.
Freddie
Company Specialist at Welcome to the Jungle
Insights
42% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Dec 2018
$125m
SERIES C
Sep 2017
$39m
SERIES B
Total funding: $190.1m
Company benefits
- 401k
- FSA
- Mental health resources
- Employee Resource Groups
- Stipend for growth opportunities
- Pet friendly office
- Work from home opportunities
- Health insurance
Company HQ
Evergreen Park, Palo Alto, CA
Leadership
Ram Palaniappan
(CEO)Was Senior Operations Manager at Reflect.com, a P&G company. Served as President of UniRush from 2004 to 2012.
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