Total Rewards Director, Two Chairs
$185-264k
+ Equity
More information about location
In-house therapy, tailored to you
Be an early applicant
In-house therapy, tailored to you
501-1000 employees
Be an early applicant
$185-264k
+ Equity
More information about location
501-1000 employees
Company mission
To make mental healthcare more personal, customized, and effective.
Role
Who you are
- Progressive leadership experience in Total Rewards, ideally with a blend of strategic, analytical, and hands-on operational expertise
- Proven experience designing, implementing, and managing diverse compensation programs (base pay, variable pay, long-term incentives)
- Expertise in designing, evaluating, and administering a full suite of health, wellness, and retirement plans, including benefit plan renewals and vendor negotiations
- Demonstrated experience in executive compensation
- Extensive experience conducting market research, participating in salary surveys, and utilizing benchmarking data
- Strong proficiency in compliance (FLSA, ERISA, ACA, HIPAA) and managing internal/external audits
- Proven ability to build strong relationships and influence diverse stakeholders
What the job involves
- The Director, Total Rewards is a strategic leadership role on the People Team at Two Chairs responsible for leading the design, implementation, and management of our compensation and benefits programs
- This critical leadership role within our People Team will ensure our total rewards offerings attract, retain, and motivate top talent, aligning with our business objectives and fostering a high-performance culture
- Refine and evolve Two Chairs' compensation philosophy, encompassing base salary, variable pay, and long-term incentives
- Conduct comprehensive market research and benchmarking to maintain competitive pay structures and ensure internal equity
- Design, evaluate, and administer a full portfolio of employee benefits, including health, welfare, retirement (401k), life insurance, disability, and wellness programs
- Identify and implement innovative benefit solutions that enhance employee well-being and engagement
- Develop and manage executive compensation programs, partnering closely with the Board of Directors
- Design and implement effective employee recognition programs that reinforce desired behaviors and appreciation
- Oversee the day-to-day administration of all compensation and benefits programs, ensuring accuracy and timely processing
- Ensure all total rewards programs comply with federal, state, and local labor laws and reporting requirements (e.g., FLSA, ERISA, ACA, HIPAA)
- Leverage HRIS (experience with Rippling is a plus) and other total rewards technology to optimize administration, data management, and reporting
- Select, negotiate, and manage relationships with external vendors, consultants, and brokers
- Utilize data analytics to assess program effectiveness, identify trends, and provide actionable insights to leadership
- Prepare and present reports on key total rewards metrics, financial implications, and strategic recommendations to executive leadership and the Board
- Develop and execute comprehensive communication strategies to educate employees on their total rewards package
- Partner closely with HR Business Partners, Legal, Finance, and other stakeholders to ensure total rewards strategies support overall business objectives and talent acquisition efforts
- The first 90 days should be focused on rapidly understanding the current state, building relationships, and identifying opportunities for immediate impact
- Conduct a comprehensive total rewards audit and compliance check
- Gain a deep understanding of current projects, key stakeholders, and existing timelines
- Prioritize work, identify communication gaps, establish metrics, and achieve early wins
- Where you’ll make an impact in the first year:
- Solidify the total rewards foundation and implement strategic changes
- Ensure the total rewards strategy fully supports the company's growth and talent objectives
Our take
Two Chairs is a digital therapy platform that matches clients with therapists based on their medical history, preferences and goals. Unlike many digital-only tools, the company operates a network of physical clinics in the San Francisco Bay Area where patients can receive in-person consultations.
It's part of a growing generation of mental health startups that are seeking to disrupt a costly and highly fragmented sector of the healthcare industry. Two Chairs is focusing on matching as a key differentiator, as it believes finding a good match is the best leading indicator of success in therapy.
A core challenge for Two Chairs will be growing its brick-and-mortar footprint. Growing a network of physical clinics will be capital-intensive and not as scalable as digital alternatives (the company faces competition from the likes of Basis, Wisdo, Aura, and more). But the company has enjoyed considerable success in funding rounds, and its 2024 investment will be used to hire more therapists, expand into new territories, and finesse its technology.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
71% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Apr 2024
$50m
SERIES C
Aug 2019
$21m
SERIES B
Total funding: $78m
Company benefits
- Comprehensive medical, vision, and dental for you and your family
- 401(k) plan
- Long Term Disability
- Basic Life Insurance
- Flexible Spending Accounts, including a $500 company contribution each year for your health
- Commuter Benefits
- Ample PTO, including a week long company winter holiday closure
- Paid parental leave
Company HQ
Financial District, San Francisco, CA
Leadership
Alex Katz
(CEO & Founder)Having spent 2 years at McKinsey, they worked for Palantir for a further 2 years. They left their Enterprise Lead role in April 2016 to found Two Chairs 2 months later.
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