Director of Total Rewards

| Greater NYC Area
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About Us:

At DailyPay, we are helping to reinvent the employee experience, starting with its most basic component — pay. We do this by disrupting archaic and transactional payroll processes and creating innovative ways for employees to access and save their earned income, before payday. Through engaging and enriching relationships with our partners, we have become the leader in providing employees on-demand access to their earned income — across all industries — allowing them to exert greater control over their pay and to improve their financial health. 

Our mission is made possible by DailyPay’s most important asset: our people. We come together through collaboration and ambition in a team-driven culture. Through the success of our product, we have seen monumental growth in our workforce, and we constantly look for exceptional talent to join us. At DailyPay, you are challenged with dynamic tasks that drive your professional development and career growth. Join us on our journey to deliver an innovative pay experience and to empower America’s workforce with the ability to truly harness the power of their pay and take control of their financial lives.

The Role:

The Director, Total Rewards is an integral leader within DailyPay’s People Operations team.  This role is accountable for the strategy, design, development and implementation of Total Rewards and how they are enabled by our HRIS to support our rapidly scaling company. This individual must be both strategic and hands on in leading all facets of compensation, benefits, and have a strategic mindset around leveraging HRIS tools and practices. The successful candidate will use an innovative approach to ensure our rewards and people practices are competitive, drive business results, and enhance our culture. Communication and education are critical to ensuring our programs are understood and valued by our employees and people managers. Reporting to the Chief People Officer, this individual works closely with the CFO, CEO and DailyPay’s Operating Committee of functional leaders in completing needs analysis and driving innovative solutions to address the needs of our growing business.

In your first year in this role, you will lead needs assessment and strategic planning for compensation, benefits, and partner on reviewing HRIS current practices.  Together with other members of the People Operations team we will jointly select and implement strategic partners who can support our scaling.  You’ll also seek opportunities to embed reporting routines, build out consistent calendars for our key compensation and benefits processes, and identify people analytics and reporting tools to help us gain greater insights.  While this role is initially an individual contributor position, anticipated company growth means you can expect to build a team in the future.  

If this opportunity excites you, we encourage you to apply even if you do not meet all of the qualifications.

How You Will Make an Impact:
  • Partner with CEO, CPO, CFO, and the Board of Directors to define and execute a compelling total rewards strategy which will ensure we’re attracting and retaining top talent
  • Build and maintain career architectures, job banding and pathing consistent with market practices for technical and non technical departments and support implementation in partnership with the Director, Talent & Diversity
  • Create and document an enterprise total rewards philosophy, as well as consistent policies, processes, communications and calendars for total rewards activities such as promotions and annual increases
  • Own and manage all sales compensation programs in partnership with the relevant department leaders
  • Develop a partnership with the People Operations/Talent Acquisition team and department leaders to advise and implement department specific reward and retention strategies 
  • Lead the compensation function including base, short-term and long-term incentive compensation; sales compensation, semi-annual compensation review cycle; equity administration; market data survey selection and participation
  • Provide key input and data for the HR Scorecard
  • Evaluate the best future delivery approach for employee services including medical, dental, life, long-term and short-term disability insurance plans, flexible spending accounts and 401(k) plan; maintain benefit plan documents and summary plan descriptions
  • Work with DailyPay’s Finance team to forecast costs for all Total Rewards and HRIS spends
  • Ensure all programs are administered in compliance with regulations. This includes oversight of all compliance filings, reports, and audits related to the administration of employee compensation programs either directly or through vendor/partners
  • Ensure compliance with relevant laws pertaining to compensation and benefits, in partnership with other People Operations colleagues, DailyPay Legal, and outside counsel
  • Continuously evaluate the effectiveness of our rewards programs to verify they are aligned with our business and talent strategies and monitor market trends to make recommendations for changes, as appropriate
  • Serve as an integral member of the People Leadership Team to advise on programs impacting the organization as a whole and collaborate with HR Business Partners to understand and address the unique needs of various client groups
What You Bring to The Team:
  • Substantive demonstrated leadership experience in total rewards, in both private and public organizations, with at least 5 years in compensation encompassing both sales incentive plans and technical talent career paths.  Public company experience preferred.  
  • Master's and relevant certifications including CCP strongly preferred
  • Progressive experience in executive compensation, sales incentives, market pricing, variable pay, job evaluation/architecture, and cost modeling in a rapidly changing organization
  • Extensive benefit experience including knowledge of health and wellness plans and retirement plans
  • Experience with vendor selection, RFPs and implementations 
  • Expert Excel modeling skills
  • Occasional need to work outside of normal business hours as required to support customers may be required
Personal Attributes:
  • Proven track record of influencing, leading and facilitating large scale strategic initiatives with multiple senior stakeholders
  • Demonstrates an inclusive leadership style with an emphasis on delivering results and developing high performing teams
  • Excellent communication, interpersonal and collaborative skills across all levels, with an ability to persuade and influence
  • Curious, growth-oriented, proactive, and passionate about driving results
  • Strong business and financial acumen
What We Offer:
  • Competitive compensation
  • Exceptional health, vision, and dental care
  • Light breakfast, snacks, and a daily stipend for lunch
  • Employee Resource Groups
  • Fun company outings and events
  • Unlimited books from Amazon
  • Unlimited PTO
  • 401K with company match

DailyPay does not accept and will not review unsolicited resumes from search firms.

DailyPay is an equal opportunity employer and is committed to a diverse and inclusive workplace.  Qualified applicants will receive consideration for employment without regard to race, color, religion or creed, alienage or citizenship status, political affiliation, marital or partnership status, age, national origin, ancestry, physical or mental disability, medical condition, veteran status, gender, gender identity, pregnancy, childbirth (or related medical conditions), sex, sexual orientation, sexual and other reproductive health decisions, genetic disorder, genetic predisposition, carrier status, military status, familial status, or domestic violence victim status and any other basis protected under federal, state, or local laws.

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Technology we use

  • Engineering
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Location

We are in the heart of the financial district, with great spots to eat, grab a coffee or enjoy a happy hour. Currently working safely, mostly remote.

An Insider's view of DailyPay, Inc.

What’s the vibe like in the office?

If you like a collaborative vibe, DailyPay will be for you. Some of us put the noise cancelling headphones on and work while some of us pair up to work on a hard problem. The open office not only brings in light but also helps us work out tough problems together.

Jamie

Front End Engineering Manager

How has your career grown since starting at the company?

I started in a role that was the first of its kind here and truly had the opportunity to set the bar and create my own path. Now, I'm working with the Marketing Director to build out a brand new group within our department and focusing more on strategy while training new team members and setting them up for the same growth that I've experienced.

Nicole

Partnership Experience Coordinator

How do you empower your team to be more creative?

By emphasizing the need to use our entrepreneurial creativity to unleash the firm’s potential. In a nutshell, I have divided the objectives of the capital markets team (CMT) into two distinct categories. The spark of every new CMT Initiative is the creative entrepreneurship to address a challenge DP faces by using our Capital Markets toolbox.”

Ghani

Director of Capital Markets

How does the company support your career growth?

I started my career at DailyPay a little over a year ago as an Office Manager, and just one year later I was promoted to the Employee Experience and Culture Manager. I am very grateful to work for a company that gives me the tools I need to advance in my career and for leaders that are genuinely interested in my success.

Taylor Paone

Employee Experience and Culture Manager

What are DailyPay, Inc. Perks + Benefits

DailyPay, Inc. Benefits Overview

Our benefits plan includes several health, vision and dental plans. You get to choose the plan that works best for you. DailyPay covers 100% of the monthly premium for a number of these plans.

PTO is unlimited. Take the time that you need. All we ask is that you hit your work goals.

Speaking of unlimited, we offer unlimited books to help spur your growth.

On a more unique note, DailyPay offers free lunch every day.

Culture
Volunteer in local community
Partners with Nonprofits
Friends outside of work
Eat lunch together
Intracompany committees
Daily stand up
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
Documented equal pay policy
Highly diverse management team
Unconscious bias training
Diversity manifesto
Diversity Employee Resource Groups
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Pet Insurance
Team workouts
Acme Co.'s team fitness initiatives include In-office fitness classes, Sponsored race teams.
Mental Health Benefits
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Performance Bonus
Match charitable contributions
Child Care & Parental Leave Benefits
Flexible Work Schedule
Family Medical Leave
Return-to-work program post parental leave
Vacation & Time Off Benefits
Unlimited Vacation Policy
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Free Daily Meals
Stocked Kitchen
Some Meals Provided
Happy Hours
Recreational Clubs
Professional Development Benefits
Job Training & Conferences
Diversity Program
Lunch and learns
Acme Co. hosts lunch and learn meetings on occasion.
Cross functional training encouraged
Promote from within
Mentorship program
Continuing Education stipend
Time allotted for learning
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