We believe that the way people interact with their finances will drastically improve in the next few years. Were dedicated to empowering this transformation by building the tools and experiences that thousands of developers use to create their own products. Plaid powers the tools millions of people rely on to live a healthier financial life. We work with thousands of companies like Venmo SoFi several of the Fortune 500 and many of the largest banks to make it easy for people to connect their financial accounts to the apps and services they want to use. Plaids network covers 12000 financial institutions across the US Canada UK and Europe. Founded in 2013 the company is headquartered in San Francisco with offices in New York Washington D.C. London and Amsterdam.
The Compensation team designs manages and evolves Plaids compensation strategies to attract retain and motivate amazing talent. We make sure our compensation is fair inside the company and competitive in the build compensation programs that connect directly to Plaids goals and employee experience. We use data and insights to make smart equitable decisions. We keep our strategies aligned with Plaids future always putting people first.
In this role you will lead Plaids global compensation strategies and programs aimed to attract and retain top will serve as a trusted thought partner to leaders across the People team and the broader organization including Plaids executive team. Youll lead the ongoing improvement of compensation processes like review cycles pay governance and budget forecasting. Youll own benchmarking efforts to ensure our compensation remains competitive using both internal insights and external market data. Youll also advise on executive compensation and support comp committee preparations. In addition to driving strategy youll build and lead a highperforming Compensation team and collaborate closely with key partners across Finance Talent Systems and across the Csuite.
Requirements:
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 crossfunctional 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 industrystandard methodologies and future trends
Proven analytical skills keen eye for detail and have an indepth knowledge of building and maintaining complex models
Responsibilities:
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 Plaids compensation competitively leveraging internal and external tools and resources
Develop strong relationships with key partners across the business including our CSuite Finance HR Talent and HRIS teams
Advise on executive compensation and comp committee matters
Build and lead a high performing Compensation team
$180000 $307200 a year
The target base salary for this position ranges from $180000/year $307200/year In Zone 1. The target base salary will vary based on the jobs location.
Our geographic zones are as follows:
Zone 1 New York City and San Francisco Bay Area
Zone 2 Los Angeles Seattle Washington D.C.
Zone 3 Austin Boston Denver Houston Portland Sacramento San Diego
Zone 4 RaleighDurham and all other US cities
Additional compensation in the form(s) of equity and/or commission are dependent on the position offered. Plaid provides a comprehensive benefit plan including medical dental vision and 401(k). Pay is based on factors such as (but not limited to) scope and responsibilities of the position candidates work experience and skillset and location. Pay and benefits are subject to change at any time consistent with the terms of any applicable compensation or benefit plans.
Our mission at Plaid is to unlock financial freedom for everyone. To support that mission we seek to build a diverse team of driven individuals who care deeply about making the financial ecosystem more equitable. We recognize that strong qualifications can come from both prior work experiences and lived experiences. We encourage you to apply to a role even if your experience doesnt fully match the job description. We are always looking for team members that will bring something unique to Plaid!
Plaid is proud to be an equal opportunity employer and values diversity at our company. We do not discriminate based on race color national origin ethnicity religion or religious belief sex (including pregnancy childbirth or related medical conditions) sexual orientation gender gender identity gender expression transgender status sexual stereotypes age military or veteran status disability or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories consistent with applicable federal state and local laws. Plaid is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance with your application or interviews due to a disability please let us know at
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