About the RoleAs the Vice President of Total Rewards, you will be a key strategic leader responsible for developing, implementing, and overseeing Lyra’s global total rewards strategy. This role is built for a seasoned professional with extensive experience in compensation, benefits, and recognition programs to attract, retain, and motivate top talent. The role is critical to the People leadership team and reports to the Chief People Officer.
While leading the function, you will influence building and communicating programs that drive the Lyra employee experience. At Lyra, we thrive on solving hard problems. We look forward to welcoming those who are curious and passionate about helping us further our mission.
Responsibilities
- Develop and execute a comprehensive total rewards strategy aligned with the company's objectives and values, ensuring that it supports our scale and growth plans
- Proactively conduct regular analyses of market trends and benchmarks to ensure competitiveness and effectiveness of total rewards programs, including ensuring they align with the company's values and meet the diverse needs of employees
- Stay abreast of global regulations and legislation related to compensation and benefits
- Ensure all total rewards programs comply with legal and regulatory requirements in each jurisdiction
- Develop and manage performance management programs, including merit increases, bonuses, and recognition initiatives
- Implement and maintain a robust recognition and rewards program to foster a positive, high-performance culture
- Lead and mentor a team of HR professionals and provide them with guidance, feedback, and development opportunities
- Remain visible and accessible to the broader base of leaders, managers, and employees to promote understanding and support for the company’s reward programs
- Manage relationships with external vendors, consultants, and benefits providers
- Negotiate contracts and agreements to optimize services and costs
- Expertly utilize analytics to assess the effectiveness of total rewards programs and provide insights for continuous improvement
- Regularly present trends, findings, and reports to senior leadership on vital total rewards metrics and programs, including analyses, materials, and recommendations to the Compensation and Talent Committee of the Board of Directors
Qualifications
- 10+ years of experience in total rewards
- Strong understanding of global employment laws and regulations with demonstrated experience in global strategy
- Expert analytical capabilities, particularly the ability to identify market gaps in all elements of global total reward programs and risks
- Proven track record of designing and implementing successful compensation and benefits programs
- Strong executive presence, capable of effectively presenting ideas and recommendations to all organizational levels, including the Board of Directors, both verbally and in writing
- Exceptional leadership and communication skills with the ability to collaborate across diverse team
By applying for this position, your data will be processed as per Lyra Health Workforce Privacy Notice. Through this application, we will collect personal information from you including 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). Providing this information is optional and completely voluntary. 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. For more information about how we use and retain your information, please see our Workforce Privacy Notice.
United States only
