Director of Total Rewards, Opendoor
$188-235k
This role is also eligible for a company-wide bonus program and participation in the company’s equity plan
3 days a week in office (Montgomery Street, SF)
End-to-end online platform for selling and buying homes
Be an early applicant
End-to-end online platform for selling and buying homes
1001+ employees
Be an early applicant
$188-235k
This role is also eligible for a company-wide bonus program and participation in the company’s equity plan
3 days a week in office (Montgomery Street, SF)
1001+ employees
Company mission
To power life's progress one move at a time.
Role
Who you are
- 10+ years of progressive experience in Total Rewards, Compensation, and/or Benefits, including 5+ years in a leadership role within a global, high-growth organization
- Proven track record in building and evolving scalable compensation and benefits programs aligned with business and talent strategies
- Bachelor’s degree in Human Resources, Business, or a related field; advanced degree and/or certifications (CCP, CBP, CEBS, SPHR) strongly preferred
- Expertise in global rewards across diverse geographies, with a deep understanding of U.S. regulations and global compliance considerations
- Exceptional financial acumen and analytical skills; able to build and interpret complex models and reports to inform executive decision-making
- Strategic and influential communicator, capable of engaging executive leaders and cross-functional stakeholders with credibility and clarity
- Experience leading teams through growth, change, and complexity, with a focus on mentorship, empowerment, and performance
- A future-focused mindset, committed to equity, transparency, and building reward programs that reflect diverse, evolving employee needs
What the job involves
- We are seeking a Director of Total Rewards to lead the direction and execution of our global compensation, benefits, and well-being programs
- As a key member of the People Leadership Team, you will play a critical role in shaping a high-impact Total Rewards strategy that supports talent attraction, retention, and engagement across all levels of the organization
- You will partner closely with executive stakeholders across People, Finance, Legal, and business leadership to design scalable, market-competitive, and employee-centric reward programs
- This role requires both strategic thinking and operational rigor, along with a passion for data, equity, and innovation in how we reward and recognize our people
- Lead the Global Total Rewards Strategy: Own the end-to-end strategy, governance, and delivery of Total Rewards programs—including compensation, benefits, well-being, and recognition—ensuring alignment with business objectives and organizational values
- Drive Benefits Strategy and Innovation: Lead the global benefits portfolio. Reimagine the employee benefits experience through a lens of flexibility and proactive care, ensuring offerings meet the needs of a global workforce
- Modernize and Scale Benefits Globally: Evaluate and evolve benefits offerings in key markets, ensuring consistency, competitiveness, and compliance. Leverage benchmarking data, employee feedback, and vendor capabilities to expand and refine offerings that promote employee well-being and engagement
- Ensure Regulatory Compliance and Risk Management: Maintain accountability for benefits compliance across all relevant U.S. and global regulations (e.g., ERISA, COBRA, ACA, HIPAA, GDPR, local market laws), including internal audits, reporting, and policy development
- Serve as a Strategic Advisor: Provide guidance and insights to leadership on compensation and benefits trends, total cost of rewards, and employee value proposition alignment. Influence key decisions with strong data, market insights, and storytelling
- Oversee Compensation Design: Lead global compensation architecture, including base pay structures, short- and long-term incentives, equity strategy, and performance-based pay
- Lead and Develop a High-Impact Team: Manage, mentor, and scale the Total Rewards team, with a specific focus on benefits leadership, compensation strategy, and operational excellence
- Promote a collaborative, growth-minded, and service-oriented team culture
- Champion Employee Communication and Experience: Lead the design and execution of communication campaigns to drive awareness, understanding, and engagement across all Total Rewards programs
- Stay Ahead of the Market: Regularly monitor market trends, legislative changes, and employee sentiment to ensure that offerings remain competitive, compliant, and aligned with business priorities
Our take
Opendoor makes selling homes easy and stress-free by cutting out the prolonged processing time usually involved with a sale. Sellers can offload a house quickly and easily to the company for cash and a 6-9% fee. Currently operating in a growing number of markets nationwide, Opendoor has chimed well with millennials who gel quickly with online businesses that offer solutions to problems they encounter.
This buying and selling model doesn't come without risk. The longer Opendoor keeps a property, the lower its profit margin. However, Opendoor's performance has been anything but disappointing; it went public in 2021, with its pre-SPAC merger presentation calling for $3.5 billion in revenue. Its actual revenue trounced it, coming in at $8 billion - more than double its estimate.
Opendoor's largest competitor Zillow dropped out of the space in late 2021 because it struggled to price the homes it acquired accurately. Opendoor's closest remaining competitor is Offerpad, which does just a fraction of the transaction volume that Opendoor does. With strong earnings coming out of 2024, if Opendoor can continue to ride on this success long term it will have an enormous lead on existing and future competitors, giving it a shot to become the overwhelming market leader.
Steph
Company Specialist at Welcome to the Jungle
Insights
-19% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Mar 2019
$300m
SERIES F
Sep 2018
$400m
SERIES F
Total funding: $1.5bn
Company benefits
- Save for tomorrow: Select our Pre-tax or Roth 401k plans to save towards retirement
- Healthy healthcare: Medical, dental and vision is 100% covered for employees
- Family planning: We offer specialty programs like Carrot, Cleo & Ginger
- Flexible vacation: Most of our team take at least 20 days off per year to decompress and be their best
- Resource groups: Join the group that works for you
- Income protection: 100% company sponsored: life insurance short term and long term disability
- Other: Flexible spending account, commuter benefit, employee assistance programs, and paid parental leave
Company HQ
Financial District, San Francisco, CA
Leadership
Carrie Wheeler
(CEO)Initially joined Opendoor in 2019 as a Board Member, before becoming the CFO in 2020 and CEO in 2022. Previously a Partner and the Head of Retail and COnsumer Investing at TPG Capital as well as an Analyst at Goldman Sachs.
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