Director, Compensation

about 3 years ago
Full time role
Redwood City, CA, US... more
Redwood City, CA, US... more

Job Description

Impossible Foods is addressing the most catastrophic threats facing humanity: climate change and biodiversity collapse. A global transition to a plant-based food system will turn back the clock on atmospheric CO2 levels, restore natural ecosystems and reverse meltdown in wildlife biomass.
The easiest -- if not only -- way to make our civilization sustainable is to eliminate livestock, the most dangerous technology on Earth. But humans won’t give up meat. So we need to make meat better -- more delicious and more nutritious, without animals as the underlying production technology. That means that making meat sustainably is the most important and urgent problem for the global scientific community.
Impossible Foods' mission is to completely replace the use of animals as a food-production technology by offering consumers everything they currently value about animal products -- and making products that are vastly superior to their animal analogues.
To do this, we are taking a revolutionary scientific and market-based approach. We are inventing efficient, sustainable ways to transform ingredients from plants into meat, fish and dairy foods that deliver all the pleasures and nutritional benefits consumers demand, without the destructive environmental or public health impact.
Our world-class R&D team has been building the know-how and technology platform to produce meat, fish and dairy foods from plants. Impossible Foods is experiencing rapid growth and is resolutely committed to leading all aspects of the plant-based food revolution—from discovery to commercial production. The only thing that will separate Impossible Foods from success and failure is our ability to recruit more world-class experts.
Want to join? Check out the job opening and requirements below:
As the Director/Senior Manager, Compensation you’ll manage our Compensation team and work closely with peers in the People Team, employees, and leaders to help develop our compensation function and programs. You will consult, work on, and coordinate our activities around: survey participation, structure development, compensation planning cycles, job matching, new program design, and Compensation Committee materials (amongst many other duties). We’re still growing, you’ll be establishing the policies and programs that carry us into the future. 

You Will:

  • Provide strategic leadership, support, and guidance to our Compensation function globally. This may include assisting with (and occasionally being the directly responsible individual for company expansion initiatives, hiring, conversions, or acquisitions; taking full ownership of the compensation workstream
  • Lead all aspects of activities related to the design, implementation, and administration of global compensation programs, including (new and existing) short-term and long-term incentives
  • Ensure Impossible Foods has timely and accurate compensation benchmark data (leading vendor relationships, survey participation, peer group maintenance etc.)
  • Champion Impossible Foods compensation philosophy, working collaboratively with Senior Leadership, the CPO, and the Compensation Committee to ensure compensation programs and outcomes are equitable and aligned with our values and mission
  • Lead our executive compensation program and provide expert consultation on market methodologies
  • Develop and implement compensation communications, education/training, plan documents and reporting analytics
  • Partner with Finance to predict, fund, and monitor compensation program spend
  • In partnership with the People & Legal team, handle compliance-related activities as it relates to People & Culture.
  • Partner with Sales and Finance to operationalize and iterate on our Sales team’s Quarterly Bonus Program
  • Collaborate with People Business Partners and Business Leaders on compensation challenges and solutions ranging from individual employee recommendations to unique compensation program interventions (e.g., retention programs, one-time payments, off-cycle increases, etc.)
  • Lead the successful execution of our semi-annual compensation planning cycles
  • Be a utility player - you’ll lead a small team and will occasionally need to assist as an analyst or partner with any project whether it be compensation, benefits, analytics, or systems-related

You Have:

  • An undergraduate degree in Business Administration, Mathematics, Economics, Science or an HR-related field (MBA a plus)
  • 12+ years of proven experience
  • People management experience
  • Expertise in performing sophisticated reporting and analysis in spreadsheets. Strong analytical, mathematical, statistical, and conceptual skills. Mid to Advanced spreadsheet skills, with some programming experience (SQL, VBA/Gscript) skills preferred.
  • Knowledge of statutory requirements and competitive practices
  • Experience with pre-IPO equity (Stock Options, RSUs, PSOs, and PSUs) a plus
  • Experience with Global Expansion and Global Compensation (M&A experience a plus)
  • Demonstrated ability in running internal compliance programs and policies (e.g. experience with on FLSA exemptions and coordinating EEOC reporting).
  • A growth mentality and passion for building something new. You’ll need to perform well under pressure, independently, and as a part of a team in a fast-paced environment.
Impossible Foods Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. 
Depending on your location, the California Consumer Privacy Act (CCPA) may regulate the way we manage the data of job applicants. Our full notice outlining how data will be processed as part of the application procedure for applicable locations is available here: https://impossiblefoods.com/careers/notice. By submitting your application, you are agreeing to our use and processing of your data as required.

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