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VP, Total Rewards

Company: WeWork
Location: New York
Posted on: May 26, 2018

Job Description:

Position Overview: The VP, Total Rewards will build an effective global total rewards platform that will support significant growth. They will be responsible for building an innovative and scalable total rewards program and systems for a millennial workforce that is "changing the way we work." He/She will be a creative thought leader who brings new ideas and fresh approaches to the organization by "choosing the path of most resistance" and challenging convention. In an increasingly global company, the successful placement will develop an overarching strategy for compensation and benefits that aligns with company values and business objectives. He/She will work closely with the Chief Culture Officer, CPO, CEO, board of directors as well as senior executives to design, develop, and communicate an effective total rewards strategy. They will also ensure that the incentives and retention programs support WeWork's brand, culture, strategies, financials, public image, and core values. This role is crucial to WeWork's continued growth, culture, and profitability. The successful candidate will be expected to: Employee Total Rewards: Build and deliver a consistent global strategy for current and future employees including base salary, short-term, and long-term incentive plans practices. Executive Compensation - Recommend a cohesive reward plan to senior leadership and the board and implement the resulting program across the organization. Ensure that there remains a clear and consistent global total rewards philosophy as the business grows with practices and systems, which are scalable. Compensation Philosophy - Operate as an internal business partner to line executives and human resources professionals, serving as the subject matter expert on compensation and benefits. By leveraging expertise and relationships, ensure buy-in from senior executives or compensation committee. Equity / Long term incentive - Partner closely with the senior executive team, board and legal department to build a scalable global long term incentive program which incorporates equity in the form of stock options and other vehicles. Recruitment/Recognition/Retention: Lead the company's job architecture design, beyond the current business model and partner with the people leadership team to ensure alignment on workforce planning strategies , including recruiting, retention, and career development. This effort includes delivering a leveling and compensation banding framework and methodology and its roll-out globally and across departments. As WeWork continues to grow globally, assist efforts to recruit and retain top talent in international markets, by leveraging creative incentive plans. Maintain overall continuity across markets but capitalize on regional or market knowledge to attract and reward local talent on a global basis. Employee Value Proposition: Help to optimize and articulate all dimensions of the employer value proposition by reviewing WeWork's current rewards framework, with the goal of ensuring that WeWork's approach to compensation is appropriate for the business environment, culture, and levels within the organization. Evaluate if the correct plans are in place to retain top talent for the future. This includes a review of the company's current employee benefits providers and offerings for executives and all team levels. Recommend changes to programs to ensure competitiveness and alignment with company values. Benchmarking: Continue to evaluate existing strategies and programs to ensure that the company remains competitive in the market, while simultaneously balancing costs and meeting business objectives. People Systems: Assess existing platforms and ensure the implementation of a cohesive HR operating platform in tandem with finance, payroll, and other human resources executives in order to build a strong, scalable infrastructure for WeWork's future. Team: Build a total rewards function and hire a team to support the function in an efficient manner. Must be hands-on and comfortable working in a lean environment. Qualifications: A well-rounded HR executive with diverse broad-based compensation and job architecture experience. Proven success in building and shaping innovative compensation programs inside a highly dynamic industry. Experience in a public-company with exposure to SEC filings is strongly preferred, as is having participated in the transition from a private to public company journey. Deep understanding of Global Mobility policies and programs. Experience with Benefit and Policy implementation and management on a Global scale. Global knowledge and/or experience of working across multiple borders, multiple clients, and ever-shifting priorities. "Intrapreneurial" experience - foundation in a world-class organization coupled with entrepreneurial experience (in a start-up, a spin-off, high-growth division) would be beneficial. Experience and a deep knowledge of job content and organizational structure, and demonstrated ability to create, sell and implement complex programs for change through a regional and business matrixed organizational structure. Track record of providing creative, proactive and contemporary designs and programs responsive to the company's evolving strategies. Experience developing a long-term platform for rewards administration in a high-growth and global expansion is desirable. Strong business acumen; a solid understanding of the financial, legal and tax implications of the various global compensation and benefits alternatives. Proven success managing communication strategies that reinforce compensation and benefits messages.

Keywords: WeWork, New York, VP, Total Rewards, Executive, New York, New York

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