Director of Compensation & Benefits, Fetch
$190-216k
Plus equity
Mobile shopping and rewards platform
Be an early applicant
Mobile shopping and rewards platform
501-1000 employees
Be an early applicant
$190-216k
Plus equity
501-1000 employees
Company mission
To help reimagine what shopping looks like.
Role
Who you are
- 6+ years of experience developing comprehensive compensation & benefit programs that align with company values, while driving recognition and retention of our top talent
- Ability to communicate complex information to a wide range of stakeholders, including executives, managers and employees
- Proven ability to track, prioritize, and drive success to multiple concurrent projects with a strong operational background
- Thorough knowledge of the principles and practices of human resources: employment law, labor law, performance management, wage and salary administration, job evaluation, benefits, record management
- Proficiency in data analysis, compensation benchmarking platforms and HRIS
- Knowledge in federal laws i.e., ERISA, COBRA, PPACA, HIPAA, Section 125, GASB, SOC 2, FMLA and any new laws as they are created
- Ability to effectively work as a team player. A self-starter responsive to organizational needs, committed to excellence and continuous employee development
What the job involves
- The Director of Compensation & Benefits plays a pivotal role in shaping and implementing programs that enhance our ability to hire, motivate and retain highly skilled top talent. The position reports to the Sr. Director, People Operations and supports the organization by developing comprehensive and strategic approaches in the design of compensation and benefits
- This position can work remotely or from one of our stunning offices in Madison, Chicago, Boston or Birmingham
- Develop and implement compensation, equity and benefit strategies that align with Fetch’s values and objectives and are aimed at attracting and retaining talent in a highly competitive tech startup environment
- Lead the design of base pay and equity plans, including implementation and communication of all employee and management compensation plans/policies
- Continuously evaluate the effectiveness of our programs to ensure they are aligned with our business and talent strategies and monitor market trends to make data-driven recommendations for changes
- Contribute to the development of the Total Reward strategy across all businesses and functions, in collaboration with the Executive Leadership Team, assuring internal equity and external competitiveness
- Assist with all exit event activity as it pertains to compensation and benefit programs, including due diligence, acquisition, divestiture, and integration
- Advise senior management and HR partners on compensation-related issues, trends, and policy recommendations to support decision-making and strategic planning
- Prepare detailed compensation reports and presentations for executive leadership and the board of directors, highlighting trends, analyses, and recommendations
- Spearhead special compensation projects, such as exit event integration, pay equity audits, and the implementation of new compensation technologies or methodologies
- Collaborate with HR and departmental leaders to create and revise job descriptions, ensuring they accurately reflect roles, responsibilities, and qualifications for proper compensation alignment
- Act as an internal change agent, fostering innovation and best practices
- Ensure compliance with state, federal, and local laws concerning benefit plans, manage compliance obligations, and oversee benefit plan operations
- Manage and develop a team of three, including the Manager of Benefits, Benefits Coordinator and Compensation/People Analyst. Build strong relationships with HR partners within the business to help drive growth
Our take
Leading mobile shopping and loyalty platform Fetch has seen explosive success in recent years. Its concept is simple: users receive spendable points in exchange for scans of their shopping receipts.
The app has tens of millions of daily active users with even more downloads, and has seen impressive growth, having now reached 'unicorn' status twice over. This should come as no surprise. Brand reinforcement is crucial to customer retention and acquisition - but it is harder than ever, with the fragmentation of choice on the market and the declining efficacy of marketing. So material loyalty benefits are likely to prove a crucial tool in creating and leveraging a strong customer base.
Whilst Fetch faces competition from similar receipt-scan rewards platforms like ReceiptPal and Ibotta, it grew into a profitable company in late 2023. It is using its most recent Morgan Stanley-backed funding to aggressively add brand partners at a competitive pace and onboarding staff at a level that promises strong continued growth.
Steph
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
10% employee growth in 12 months
Company
Employee endorsements
Flexible working
"I work unusual hours. I'm a night owl and hate mornings. I don't get any push back for working non-traditional hours."
Funding (last 2 of 7 rounds)
Apr 2022
$120m
SERIES E
Mar 2021
$210m
SERIES D
Total funding: $456.6m
Company benefits
- Stock Options: Fetch wants you to be on the rocketship with us! Options will give you the opportunity to share the excitement of the company growth and have your own stake in its success
- 401k Match: We match 100% of the first 3% of your 401K contribution
- Benefits for humans and pets: We offer comprehensive PPO and HDHP plans (Dental | Vision | Life Insurance) in addition to pet insurance, fully covered for the first pet. Our bereavement leave also includes our furry friends
- Continuing Education: Fetch provides up to $10,000 per year in education reimbursement support for any job-related courses/programs/certifications. You will also have access to Udemy, an online course provider with thousands of topics to discover
- Employee Resource Groups: Take part in employee-led groups that are centered around fostering a diverse and inclusive workplace through events, dialogue and advocacy. Current groups include Amplify BiPoC, Amplify Women, Amplify LBGTQ+, Amplify Family, and Amplify Veterans
- Paid Time Off: On top of our flexible PTO, Fetch observes 9 paid holidays, including Juneteenth and Indigenous People’s Day, as well as our End-of-Year break
- Robust Leave Policies: Whether it’s for you or a loved one, Fetch offers generous leave time for various health and personal needs that take you away from work. Our parental leave policy provides 18 weeks of paid time off for primary caregivers, 12 weeks for secondary caregivers, and the option to create a flexible return to work schedule in the last few weeks of leave
- Wellness Program: Utilize these tools and resources to bring your best self to work each day
- Wellness coach on staff to help you create goals, provide accountability and support you on your wellness journey
- Nutrition counseling through Charge Nutrition
- Gympass membership to access in-person gyms, virtual workout classes, meditation apps, and much more
- Employee Assistance Program (EAP) provides no cost, confidential resources and services to help navigate life's many changes and challenges
- Hybrid Work Environment: Collaborate with your team in one of our stunning offices in Madison, Birmingham or Chicago 1 - 2 times per week. We’ll ensure you are equally equipped with the hardware and software you need to get your job done in the comfort of your home
- Social Impact Efforts: Take part in volunteer events or donate to your favorite organizations through BrightFunds
Company values
- Speed
- Trust
- Action
- Diversity
Company HQ
Madison, WI
Articles
Leadership
Wes Schroll
(CEO)Founded Fetch while in undergrad at UW-Madison and grew the company into the nation's No. 1 rewards app, connecting millions of consumers with their favorite brands.
Tyler Kennedy
(VP of Operations)Studied Business Administration at the University of Wisconsin-Madison. Founded his first company, a yacht detailing company, when they were only fourteen.
Salary benchmarks
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Diversity, Equity & Inclusion at Fetch
Shonita Torry, SHRM-CP (Diversity, Equity, Inclusion, & Belonging Specialist )
- Diversity, Equity, Inclusion, and Belonging are key areas of focus for Fetch as we grow.
- As we build a more DEIB focused organization it is every one of our jobs to become more inclusive in our thoughts, speech, decisions and actions.
- Diversity. The presence of a multitude of demographic differences within our teams.
- Equity. Promoting fairness while acknowledging the different needs of individuals within our organization as they pertain to our internal processes and procedures.
- Inclusion. Our focus on our employees' feeling they are respected, have agency and are able to participate and achieve to their goals.
- Belonging. The sentiments and feelings of psychological safety and support when inclusion is realized. Belonging occurs when there is an acceptance of individuals regardless of their intersections of identity.
- Our objective is for people of all identities to be included and represented across our organization. We practice inclusion and representation by amplifying voices, creating and maintaining respectful relationships, and cultivating an equitable workplace and community for all.
- To accomplish this objective, we've implemented New Hire INCLUSION orientation on day one.
- "My personal belief is that when a company leads with INCLUSION first, then Diversity, Equity, and Belonging will organically grow. This is what we are creating at Fetch - a CANVAS of INCLUSION. You get to help paint on this canvas." Shonita Torry SHRM-CP, DEIB Specialist
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