Compensation Manager

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, 10 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 Compensation Manager role is a hands-on role that focuses on building a comprehensive compensation program that is competitive and scalable as Lyra continues to grow. This role is ideal for someone with proven experience and a drive to evolve compensation programs in a mission-focused, hyper-growth start-up in the mental health space. We are looking for a thought partner and team player who loves collaborating on various projects with other members of the People organization at Lyra.

Responsibilities

• Develop and implement compensation programs that align with the organization’s compensation philosophy and overall business objectives
• Monitors the effectiveness of existing compensation practices and recommends changes that are cost-effective and consistent with compensation trends and corporate objectives
• Provides consultation to managers and HR Business Partners on complex pay decisions, policy interpretations, and job evaluations
• Conduct market research and analysis to derive insights and provide recommendations
• Ensure that compensation programs are administered consistently and equitably across the organization
• Oversees the participation in salary surveys and monitors salary survey data to ensure corporate compensation objectives are achieved
• Leads the year end compensation planning process in partnership with leadership
• Ensures compliance with federal, state and local compensation laws and regulations
• Provide support in the preparation of materials for the Compensation & Talent Committee
• Participate in a variety of HR and compensation-related projects, including ad-hoc studies, projects, and analysis

Qualifications

• Minimum of 8 years of experience in compensation management with a Bachelor’s Degree in Business, Finance or related field
• Strong attention to detail with a focus on excellence
• Great team player with a collaborative mindset towards the team
• Ability to work independently, multitask, and drive towards results
• Demonstrated analytical, written and verbal communication skills
• Thoughtfulness, flexibility and a positive attitude
• Understanding of federal and state labor laws
• Fluent in Workday, Google Apps and MS Office

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, 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.