Senior Director, Total Rewards
CarGurusAbout the role
Who we are
At CarGurus (NASDAQ: CARG), our mission is to give people the power to reach their destination. We started as a small team of developers determined to bring trust and transparency to car shopping. Since then, our history of innovation and go-to-market acceleration has driven industry-leading growth. In fact, we’re the largest and fastest-growing automotive marketplace, and we’ve been profitable for over 15 years.
What we do
The market is evolving, and we are too, moving the entire automotive journey online and guiding our customers through every step. That includes everything from the sale of an old car to the financing, purchase, and delivery of a new one. Today, tens of millions of consumers visit CarGurus.com each month, and ~30,000 dealerships use our products. But they're not the only ones who love CarGurus—our employees do, too. We have a people-first culture that fosters kindness, collaboration, and innovation, and empowers our Gurus with tools to fuel their career growth. Disrupting a trillion-dollar industry requires fresh and diverse perspectives. Come join us for the ride!
Role Overview:
CarGurus is seeking an experienced Senior Director of Total Rewards and People Operations who will develop a consistent rewards and operations framework that delivers an exceptional employee experience, in line with CarGurus' business needs, culture, and values. Operating with a financial and business-focused mindset, you will be a key advisor to business leadership to ensure careful management of resources while delivering distinctive Total Rewards. You will lead all aspects of CarGurus’ compensation, benefits, and rewards programs, as well as our People Operations team, including payroll and compliance activities. Reporting to the Chief People Officer, and as a People & Talent leadership team member, you will provide thought leadership and strategic perspective, shaping the People agenda at CarGurus.
What you’ll do
People Strategy & Leadership:
- As a senior People & Talent leadership team member, you will help shape the People agenda at CarGurus.
- Together with business leaders, you will help build a culture that is open and connected and strives for the highest standard of behavior and ethical conduct.
- You will partner with and advise the business about all people-related policies, programs, and initiatives while driving continuous improvement across Total Rewards & People Operations.
- You will participate in the development and execution of critical initiatives tied to our corporate strategy and in support of clear business goals.
- Apply the lens of diversity, inclusion, and equity to all compensation, benefits, and long-term incentive programs, ensuring that plan design and administration are conducted in a manner that treats all team members equitably, regardless of background.
- Remain current on compensation and benefits standard methodologies and the changing legal landscape and assess and communicate the potential impact on the business, along with providing recommendations/solutions to address concerns.
- Architect processes and technology in an employee-centric manner, always focused on the employee experience, with the intent of embracing and enhancing the CarGurus culture.
- Develop communication strategies for total rewards programs that will creatively and effectively attract and retain key talent, enabling the organization to meet key priorities and the needs of the business.
Compensation
- Lead the design, strategy, planning, management, and communications of compensation, benefits, and incentive pay philosophy and programs (bonus, equity, and long-term incentives) for CarGurus, ensuring alignment with the long-term strategy and desired culture of our business.
- Oversee Executive Compensation plan design and execution, inclusive of preparation of board materials and interaction with board members as needed.
- Oversee equity plan administration, maintain accurate records of vesting schedules, and execute settlements in compliance with plan rules and payroll tax requirements.
- Lead the annual merit planning process and communications, and ensure our technology is optimized to support an easy and smooth process for the business.
- Demonstrate your leadership by providing expert counsel to HR and Business leadership on compensation issues related to company pay structures, pay change recommendations, new hire offers, and wage and hour regulations.
- Conduct market research/analysis to determine if changes are necessary to current pay practices to remain competitive and to ensure internal and external equity.
- Oversee the payroll function and ensure accuracy in all pay
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