In a highly collaborative environment, establish Total Rewards strategy for the company, ensuring that all compensation and reward programs and practices are aligned with the culture and business goals
Advise and guide Chief People Officer and the Board’s Compensation Committee on executive, incentive, and equity compensation philosophies, practices and guidelines
While being hands on, ensure that Total Rewards programs and practices are competitive in the marketplace to support business goals, recruitment, engagement, and talent development activities
Lead the Total Rewards team to game-changing results, including hiring and retaining key talent, and growing the capabilities of team members
Develop programs and guidelines to advance core financial goals of the company, including (but not limited to) G&A efficiency, revenue, and profitability targets
Establish strategy for benefits and continuously evaluate all benefit offerings to ensure they are cost-effective, competitive and meet the needs of the company and employees
Act as strategic partner to the Chief People Officer, CEO, President and CFO alongside other senior leaders across the company
Proactively identify opportunities for changes, including new vendors, plan design, and funding
Determine and implement appropriate communication strategy across the Total rewards space, and develop manager and employee education programs to ensure all Pagayans understand their compensation, benefits, and available resources
Requirements:
Several years of progressive Total Rewards experience, including designing and administering contemporary compensation programs in a public company
Proven track record interacting with, presenting to, and partnering with the Compensation Committee of the Board of Directors
Looks and thinks from a broad talent perspective - this leader doesn’t just think about compensation or benefits, but thinks about talent from all angles
Possesses a natural inclination to learn and listen to the business to meet it where it is, but also set an innovative vision to bring the company into the future, rooted in business goals
Passionate about making a mark in the Total Rewards space and differentiating Pagaya within the industry
Demonstrated expertise in employee compensation and benefits strategy, planning, design & development, compliance, and successful implementation/administration
A strong leader of teams who can attract, hire, and stretch direct reports to reach new levels
Ability and energy to engage, influence, and build relationships, and someone seen as a trusted advocate by all employees
Produces multiple options to consider regarding Total Rewards initiatives and drives discussion to determine best course of action
Combines setting strategic direction with the ability to execute; the ability to helicopter up and down the continuum of activities in a hyper-growth organization
Compensation Range for New York Based Hires
$250,000 - $285,000 USD
Our Values
Continuously Learn - We challenge ourselves for the sake of getting better as individuals, as teams, and as an organization to deliver for our partners.
Debate and Commit - We respectfully and openly debate to strengthen our ideas and build shared conviction - once we decide, we go all in, together.
Dream Big and Act - We boldly tackle complex problems, pressure-test solutions in real-time, and adapt with speed and energy.
Advance Inclusion - We create a world where everyone can win, designing systems that better represent people and generate sustainable value for our employees, partners and investors.
Be Accountable Together - We proudly own our actions and our results, taking initiative to ensure our work gets over the finish line as a team.