Compensation Lead, Plaid
$180-307.2k
1-5 days a week in office
Infrastructure and APIs for FinTech
Be an early applicant
Infrastructure and APIs for FinTech
1001+ employees
Be an early applicant
$180-307.2k
1-5 days a week in office
1001+ employees
Company mission
Plaid's mission is to unlock financial freedom for everyone.
Role
Who you are
- 10+ yrs in the Total Rewards and/or Compensation with at least 5+ years in a leadership role focused on growing and leading Compensation and/or Total Rewards team
- Experience leading high performing Compensation/Total Rewards teams (ability to hire + grow team); experience in both Public and Private sectorsDemonstrated ability to influence different level stakeholders and thrives working in cross-functional teams; experience directly working with CEO and Executive teams
- Proven ability to evaluate, design and implement compensation programs based on both market assessment and business strategy
- Success in simplifying and articulating complex strategies and programs to audiences spanning from leadership to managers to employees
- Deep understanding of the current market including history of staying ahead of industry-standard methodologies and future trends
- Proven analytical skills, keen eye for detail, and have an in-depth knowledge of building and maintaining complex models
What the job involves
- The Compensation team designs, manages, and evolves Plaid’s compensation strategies to attract, retain, and motivate amazing talent
- We make sure our compensation is fair inside the company and competitive in the market
- We build compensation programs that connect directly to Plaid’s goals and employee experience
- We use data and insights to make smart, equitable decisions. We keep our strategies aligned with Plaid’s future, always putting people first
- In this role, you will lead Plaid’s global compensation strategies and programs aimed to attract and retain top talent
- You will serve as a trusted thought partner to leaders across the People team and the broader organization, including Plaid’s executive team
- Ou’ll lead the ongoing improvement of compensation processes like review cycles, pay governance, and budget forecasting
- You’ll own benchmarking efforts to ensure our compensation remains competitive, using both internal insights and external market data
- You’ll also advise on executive compensation and support comp committee preparations
- In addition to driving strategy, you’ll build and lead a high-performing Compensation team and collaborate closely with key partners across Finance, Talent, Systems, and across the C-suite
- Evaluate, design, implement, and communicate compensation strategy, programs, and policies that help attract and retain top talent
- Scale and mature global compensation programs and practices (cash, equity, variable, bonus, etc) as Plaid continues to grow
- Become a trusted thought partner and leader on compensation matters to partners within the People org and leadership across Plaid
- Continue to improve compensation practices (i.e., review cycles, budget forecasting, etc.), pay decisions, and governance
- Lead benchmarking workstreams to continue to position Plaid’s compensation competitively leveraging internal and external tools and resources
- Develop strong relationships with key partners across the business including our C-Suite, Finance, HR, Talent, and HRIS teams
- Advise on executive compensation and comp committee matters
- Build and lead a high performing Compensation team
Our take
Plaid builds infrastructure that allows a consumer to interact with their bank account on the web through a number of third-party applications, like Venmo, Robinhood, Coinbase, Acorns and LendingClub.
Plaid has integrated with 12,000 financial institutions in the US, Canada, the UK and Europe. About a quarter of people living in North America with bank accounts have linked with Plaid through at least one of the hundreds of apps that leverage Plaid’s application program interfaces (APIs). The platform allows companies to create financial services applications without having to hire their own team of engineers to build out a tool that connects apps to its users’ bank accounts.
This is very valuable in a world where there are increasing number of fintechs, so the demand for Plaid's services are only going to grow. Despite its strong position, it has not been immune to the difficult global economic situtation and was forced to restructure at the end of 2022, laying off some of its workforce. However it is still experiencing growth and is well-positioned to weather the current economic uncertainty.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 6 rounds)
Apr 2025
$575m
LATE VC
Apr 2021
$425m
SERIES D
Total funding: $1.3bn
Company benefits
- Monthly wellness stipend (gym on us)
- We offer breakfast, lunch, and dinner to keep you well-fed and healthy (when working from the office)
- From medical, life, dental and pension schemes, we’re here to support your physical, mental, and financial wellbeing
- We want everyone to feel ownership over their work - literally, which is why we offer equity to full-time Plaids
- Every Plaid is in control of their career development with our learning stipends, tools, and trainings
- We give Plaids the freedom and flexibility to choose where they work - whether that is in a Plaid office, at home in any supported location, or a mix of both!
- Two weeks of synchronous, company-wide vacation
- We want to make sure you have time to meet your personal needs with unlimited PTO
Company HQ
SoMa, San Francisco, CA
Leadership
Zach Perret
(CEO)He was a Consultant at Bain and previously a Research Fellow and Trustee at Duke before co-founding Plaid
William Hockey
(Board Director)He was previously an associate at Bain and has since moved on from Plaid to become Co-CEO at Column
Salary benchmarks
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