Strategic Compensation Leader

4 weeks ago


San Francisco, California, United States Chime Full time
About the Role

We are seeking a highly skilled and experienced Director of Compensation to lead our compensation initiatives and ensure that our pay structures are competitive, equitable, and aligned with the organization's goals. The ideal candidate will have extensive experience in compensation strategy development, management, and execution, along with a deep understanding of market trends and regulatory requirements.

Key Responsibilities
  • Compensation Strategy Development: Design and implement a comprehensive compensation strategy that aligns with the company's objectives and values, ensuring market competitiveness and internal equity.
  • Salary Structure Management: Develop, manage, and maintain salary structures, pay grades, and job classifications to ensure fairness and consistency across the organization.
  • Policy Development: Create and update compensation policies, ensuring compliance with legal requirements and best practices in compensation management.
  • Performance Management: Collaborate with People leadership to integrate compensation strategies with performance management processes, ensuring that rewards are aligned with employee performance and contributions.
  • Communication and Training: Educate and inform leadership and employees about compensation policies, practices, and the value of total rewards; provide training and support for managers on compensation-related matters.
  • Cross-Functional Collaboration: Partner with various departments (People, Finance, Legal) to ensure alignment of compensation strategies with overall business objectives.
  • Team Leadership: Lead and mentor the compensation team, fostering a culture of collaboration, continuous improvement, and professional development.
Requirements
  • Strong Understanding of Compensation Principles: A deep understanding of compensation principles, market trends, and regulatory requirements (FLSA, EEOC, etc.).
  • Proven Experience in Compensation: Proven experience in designing and implementing compensation programs that drive employee engagement and retention.
  • Excellent Analytical Skills: Excellent analytical skills with the ability to interpret complex data and provide actionable insights.
  • Exceptional Communication Skills: Exceptional communication and interpersonal skills, with the ability to influence and collaborate at all levels of the organization.
About Chime

At Chime, we believe that everyone can achieve financial progress. We're passionate about developing solutions and services to empower people to succeed. Every day, we start with empathy for our members and stay motivated by our desire to support them in ways that make a meaningful difference.

We created Chime - a financial technology company, not a bank - founded on the premise that basic banking services should be helpful, transparent, and fair. Chime helps unlock the access and ability our members need to overcome the systemic barriers that block them from moving forward. By providing members with access to liquidity, rewards, and credit building, our easy-to-use tools and intuitive platforms give members the ability to have more control over their money and to take action toward achieving their financial ambitions.

We're uniting everyday people to unlock their financial progress - will you join us?



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