Full-Time

Sr. Compensation Manager

Confirmed live in the last 24 hours

Betterment

Betterment

501-1,000 employees

E-commerce platform for branded lifestyle products

Compensation Overview

$160k - $185k/yr

+ Equity Package + Incentive Bonus

Senior, Expert

New York, NY, USA

Hybrid position requiring in-office attendance Tuesday through Thursday, weekly.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Data Analysis
Requirements
  • 7+ years of demonstrated expertise in compensation and equity management, with a proven track record of designing and implementing successful compensation programs
  • Experience in market analysis and external benchmarking for a range of positions from non-exempt to senior executive levels
  • Experience in equity compensation structures, including RSUs and stock options
  • Proficiency with HRIS, compensation, and stock plan admin tools, such as ADP, Pave, and Carta
  • Advanced analytical skills, with the ability to manipulate and interpret large and complex data sets, and translate them into actionable insights and recommendations
Responsibilities
  • Analyze data for compensation programs, including salary, incentives and equity awards that align with the company’s objectives for recruiting, retention, and employee engagement
  • Participate in compensation surveys, conduct research and analysis on market competitiveness, and compensation trends
  • Conduct benchmarking analysis to develop job families and compensation packages to maintain the job architecture and support the strategic growth of the business, as needed
  • Support in operational areas of compensation including, but not limited to, compensation planning cycles, system administration and testing, job leveling, salary structures support, federal, state and local wage compliance reporting, reconciliation, and other compensation analytics
  • Build and maintain a competitive equity compensation strategy that motivates performance, is fiscally responsible, and supports the attraction and retention of high-performing talent
  • Support the equity program and process, including ad-hoc analysis, contribute to projects related to equity and prepare equity grant schedules for the Board of Director’s Compensation Committee
  • Provide accurate and complete reporting to record the monthly stock-based compensation expense and ensure that all equity-related internal controls are operating effectively
  • Prepare reports and presentations to key executives and the Board of Directors on compensation trends, program effectiveness, and strategic recommendations
  • Work closely with HR business partners, Recruiting, Finance, and other teams to ensure alignment and integration of compensation programs
  • Collaborate on and help guide communication strategies to effectively convey compensation programs and changes to employees

Betterment operates an online retail platform that specializes in selling branded apparel, accessories, and gifts. The company designs a variety of products, including t-shirts, hoodies, onesies, beanies, mugs, and tote bags, all aimed at promoting a positive lifestyle and happiness. Customers can purchase these items directly from Betterment's website, where products are listed at regular and sometimes discounted prices, making them accessible to a wide audience. Unlike many competitors, Betterment focuses on creating a unique brand identity that emphasizes well-being and happiness through its merchandise. The company's goal is to attract a diverse clientele and encourage a better lifestyle through its products.

Company Size

501-1,000

Company Stage

Debt Financing

Total Funding

$435M

Headquarters

New York City, New York

Founded

2010

Simplify Jobs

Simplify's Take

What believers are saying

  • Betterment's acquisition of Ellevest's robo-advice business expands its market reach.
  • The rise of fractional shares trading attracts younger investors to Betterment's platform.
  • Betterment's new Bitcoin and Ethereum portfolio taps into the growing cryptocurrency interest.

What critics are saying

  • Increased management fees may lead to customer dissatisfaction and attrition.
  • Integration challenges from Ellevest acquisition could affect service quality.
  • Volatility in cryptocurrency markets poses financial risks for Betterment's new portfolio.

What makes Betterment unique

  • Betterment offers a unique Tax Loss Harvesting program to offset taxes on gains.
  • The RetireGuide tool provides personalized retirement planning through online surveys.
  • Betterment's solo 401(k) is a digital solution for independent advisors and self-employed clients.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Unlimited Paid Time Off

Wellness Program

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

-1%
CityBiz
Mar 4th, 2025
Betterment Advisor Solutions Launches Solo 401(k)s for Independent Advisors and Their Self-Employed Clients

Betterment Advisor Solutions (BAS), an all-in-one custodian for modern RIAs, has announced the launch of an all-digital solo 401(k) at the 2025 T3 Technology Tools for Today Advisor Conference in Dallas, designed for independent advisors and their self-employed clients.

ThinkAdvisor
Feb 27th, 2025
Betterment Launches Solo 401(k) Solution for Indie Advisors and Business Owners

Betterment launches solo 401(k) solution for indie advisors and business owners.

NAPA
Feb 26th, 2025
Betterment Picks up Ellevest's Robo-Advice Business

Digital investment advisor Betterment announced Wednesday that it has acquired the automated investing business of the women-owned investing and wealth management firm Ellevest.

PSCA
Feb 26th, 2025
Betterment Acquires Robo-Advice Biz from Ellevest

Betterment acquires robo-advice biz from Ellevest.

Arena Investor
Aug 29th, 2024
Announcement: Arena Investor Partners with Betterment

Announcement: Arena Investor partners with Betterment.