Employee empowerment is a top priority at social platform Posh. That’s why when it comes to offering competitive pay and benefits people actually use, nothing is left to chance.
Director of People and Talent Arlen Oharonian is the first to say so.
“Our goal is to ensure that every employee feels a strong sense of ownership in Posh, empowering them to do their best work,” Oharonian said.
Posh provides all employees with equity ownership, as well as competitive salaries that are benchmarked against external market data. Top performers can receive merit increases during one of the twice-annual performance reviews, too.
Built In spoke with Oharonian in detail about how Posh keeps employees engaged and empowered through meaningful financial support.
Posh offers a social platform that enables organizers to create, promote and manage events in one place.
How does your employer ensure its pay and bonus plans are competitive?
Posh’s compensation philosophy is built to attract and retain top talent through competitive salary and equity packages. We prioritize rewarding individuals who make meaningful contributions to our mission, while maintaining compensation practices that are fair, transparent and aligned with our core values. By clearly defining and communicating these principles, we aim to foster a highly motivated, high-performing team focused on achieving companywide objectives.
To ensure our compensation remains competitive, we benchmark against external market data (using Pave) and supplement this with real-time insights gathered from candidate conversations. This allows us to continuously calibrate and refine our salary and equity bands.
Posh conducts performance reviews twice annually, at mid-year and year-end. Merit increases are awarded during the year-end cycle and are based strictly on individual performance. For top performers, increases can reach up to 12–15 percent of base salary.
Each role and team at Posh is aligned to defined salary and equity bands. These bands are accessible at the department level and can be shared transparently with team members.
Which benefit delivers the most value — and how do you know?
I would highlight our medical, dental and vision benefits offering. At Posh, we cover 100 percent of the monthly premiums for all employees and their dependents across the medical, dental and vision plans they elect to enroll in. While this represents a significant investment for the company, we prioritize providing employees with peace of mind regarding their health and well-being. This allows them to focus fully on contributing to Posh’s mission of bringing people together in real life through community-driven events.
The impact of this approach is clear in our participation rates, with over 90 percent of employees enrolled in all three plans.
Does your employer offer stock or equity and is it considered competitive?
Posh provides every employee who joins the company with meaningful equity ownership. At our current stage and size, our equity bands are positioned above the 75th percentile of the market. We grant equity refreshers to all employees every two years as a standard practice and we also issue additional equity awards in connection with promotions.
Our goal is to ensure that every employee feels a strong sense of ownership in Posh, empowering them to do their best work.
