Lead global compensation strategy, manage executive compensation programs, conduct market analysis, and mentor compensation teams, ensuring compliance and competitiveness.
About Lyra Health
Lyra is transforming mental health care through technology with a human touch to help people feel emotionally healthy at work and at home. We work with industry leaders, such as Morgan Stanley, Uber, Amgen, and other Fortune 500 companies, to improve access to effective, high-quality mental health care for their employees and their families. With our innovative digital care platform and global provider network, nearly 20 million people can receive the best care and feel better, faster. Founded by David Ebersman, former CFO of Facebook and Genentech, Lyra has raised more than $900 million.
About the Role
The Director, Global Compensation is a key leader within the People team, responsible for the strategic design, implementation, and administration of all compensation programs globally. Reporting to the VP, Global Total Rewards, this role requires a highly experienced and analytical professional with a deep understanding of broad-based and executive compensation, sales compensation, and equity programs.
As Lyra continues to expand globally, a near-term critical focus of this role will be to integrate existing compensation programs into a comprehensive, globally-minded, locally-delivered structure, while also developing new programs in geographies where they don’t yet exist.
You will drive a compensation philosophy that attracts, retains, and motivates top talent while ensuring internal equity and external competitiveness. Strong stakeholder management and the ability to influence at all levels are critical for success in this role.
This role can be carried out from our Burlingame, CA headquarters, hybrid, or fully remote/virtually. Remote candidates must be physically located within the United States.
Responsibilities
- Lead the design, development, and implementation of global broad-based compensation programs, including base pay structures, annual incentive plans, and long-term incentive plans.
- Manage and administer executive compensation programs, including executive salary, bonus, and equity plans, ensuring compliance with all regulatory requirements.
- Partner with our Go To Market Operations team to ensure sales compensation plans that align with overall compensation philosophy and talent objectives.
- Partner with the Equity team to ensure equity compensation programs deliver value and align to overall compensation philosophy.
- Serve as a subject matter expert for compensation within Workday, leveraging its capabilities for efficient program administration, reporting, and analysis.
- Conduct comprehensive market analysis and benchmarking to ensure the competitiveness of compensation programs across all levels and regions.
- Develop and maintain compensation policies and procedures, ensuring compliance with local, national, and international regulations.
- Partner with HR Business Partners, legal, finance, and other internal stakeholders to understand business needs and ensure compensation programs support organizational goals.
- Lead and mentor a team of compensation professionals, fostering their growth and development.
- Manage relationships with external compensation consultants and vendors.
- Assist with preparation of compensation-related materials for review by Executive Leadership, the Compensation and Talent Committee and the Board of Directors as needed.
Qualifications
- Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
- 15+ years of progressive experience in compensation, with at least 5 years in a leadership role.
- Extensive experience designing and managing global broad-based compensation programs.
- Proven experience with executive compensation design and administration.
- Strong foundational knowledge of sales compensation principles.
- In-depth knowledge of equity compensation vehicles and administration.
- Demonstrated proficiency with Workday HCM, specifically in compensation modules.
- Exceptional stakeholder management skills with a proven ability to influence and build strong relationships with all levels of an organization, including senior executives.
- Strong analytical and problem-solving skills with the ability to translate data into actionable insights.
- Excellent communication, presentation, and interpersonal skills.
- Ability to manage ambiguity in a fast-paced, global environment.
"We are an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex (including pregnancy), national origin, age, disability, genetic information or any other category protected by law.
By applying for this position, you acknowledge that your personal information will be processed as per the Lyra Health Workforce Privacy Notice. Through this application, to the extent permitted by law, we will collect personal information from you including, but not limited to, your name, email address, gender identity, employment information, and phone number for the purposes of recruiting and assessing suitability, aptitude, skills, qualifications, and interests for employment with Lyra. We may also collect information about your race, ethnicity, and sexual orientation, which is considered sensitive personal information under the California Privacy Rights Act (CPRA) and special category data under the UK and EU GDPR. Providing this information is optional and completely voluntary, and if you provide it you consent to Lyra processing it for the purposes as described at the point of collection, for example for diversity and inclusion initiatives. If you are a California resident and would like to limit how we use this information, please use the Limit the Use of My Sensitive Personal Information form. This information will only be retained for as long as needed to fulfill the purposes for which it was collected, as described above. Please note that Lyra does not “sell” or “share” personal information as defined by the CPRA. Outside of the United States, for example in the EU, Switzerland and the UK, you may have the right to request access to, or a copy of, your personal information, including in a portable format; request that we delete your information from our systems; object to or restrict processing of your information; or correct inaccurate or outdated personal information in our systems. These rights may be subject to legal limitations. To exercise your data privacy rights outside of the United States, please contact [email protected]. For more information about how we use and retain your information, please see our Workforce Privacy Notice."
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