Manager, Total Rewards (Compensation)

| New York, NY, USA | Hybrid
Employer Provided Salary: 105,000-115,000 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.
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Octane® is revolutionizing recreational purchases by delivering a seamless, end-to-end digital buying experience. We connect people with their passions by combining cutting-edge technology and innovative risk strategies to make lifestyle purchases - like powersports vehicles, RVs, OPE and Auto’s - fast, easy, and accessible.

Octane adds value throughout the customer journey: inspiring enthusiasts with our editorial brands, including Cycle World® and UTV Driver®, instantly prequalifying consumers for financing online, routing customers to dealerships for an easy closing, and supporting customers throughout their loan with superior loan servicing.

Founded in 2014, our Company employs 550+ employees and over 30 OEM and 4,000 dealer partners.

We are seeking a Manager, Total Rewards to join Octane’s People Team as a subject matter expert for our compensation and benefits strategies and programs.

You will partner closely with the Director, Total Rewards to establish best practices around total rewards that will align with Octane’s culture and values.  You have previously worked at a start-up and have been able to adapt to a fast paced environment.

Additionally, you will be operating through a hybrid schedule and expected to work onsite at our New York office a minimum of 2 days per week to build excellent relationships with our employees and business partners.

Responsibilities:

  • Subject matter expert in their area of specialty on corporate compensation and benefits
  • Collect, compile, and analyze data and metrics related to employee benefits and compensation including trends, patterns and best practices
  • Prepare reports of data results, presenting and explaining findings to senior leadership
  • Partner with Total Rewards team and People business partners to make recommendations for policies and procedures to improve existing metrics including changes to benefits, leaves of absence programs, and compensation offerings
  • Research and coordinate with the Total Rewards team and external benefits broker contacts to alternatives for health, wellness, retirement plans and benefit programs
  • Facilitates implementation of new leave programs, benefits plans, and other related initiatives
  • Partner with other team stakeholders (Total Rewards, Business Partners, Employee Experience) to lead company wide compensation review cycles and processes
  • Act as the lead and subject matter expert, partnering with both internal and external stakeholders for company wide Open Enrollment 

Requirements:

  • Bachelor’s Degree
  • Minimum of 5-7 years of professional experience in Total Rewards, Compensation Management, Benefits Design & Administration
  • Strong analytical and problem-solving skills
  • Strong technical skills with programs such as Excel and PowerPoint
  • Strong knowledge and thorough understanding of regulations including local, state, and federal laws involving employment and benefits administration (FMLA, ADA, FLSA, ACA, COBRA, HIPAA, and ERISA) 
  • Progressive and forward thinking on total rewards best practices 
  • Detail oriented, organized, energetic and action focused
  • Experience with compensation platforms (such as Salary.com & Pave a plus)

Preferred:

  • You possess high energy and collaborate well with others
  • You are a self starter with a can-do attitude and possess a hands-on and sophisticated understanding of compensation and benefits best practices in the industry
  • Experience with executive, deferred and equity-based compensation 
  • SHRM-CP or SHRM-SCP

Compensation: The role described above offers a base salary of $105,000 to $140,000.  Your offer will be based on the alignment of your qualifications with the requirements of the job and internal equity.  In addition to the above-mentioned salary, Total Rewards include a stock option package, and benefits as outlined below.

Benefits:

  • Robust Health Care Plans (Medical, Dental & Vision)
  • Generous Parental Leave
  • Up to 5 weeks time off (self-managed)
  • Retirement Plan (401k) with company match!
  • Educational Assistance/Tuition Reimbursement up to $3K/year 
  • Life Insurance (Basic, Voluntary & AD&D)
  • Short Term / Long Term Disability
  • Robust Ancillary benefits including accident insurance, hospital insurance, etc.
  • Gympass wellness benefit
  • Powersports Safety Benefit

Octane Lending is an equal opportunity employer committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.

#LI-JL1

#LI-Hybrid


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An Insider's view of Octane

How would you describe the company’s work-life balance?

At Octane, work and life have never felt at odds with one another. When life happens or we need a moment, there is always understanding built on trust and respect. Then at work, once the storm has passed, shared company values and goals align and motivate everyone to bring their whole selves to work.

Caroline Ho

Staff Engineer

How has your career grown since starting at the company?

I have been at Octane for only a year but I have seen exponential growth in my career. The leadership at Octane has always motivated me and provided me with opportunities to present my work and given me constructive feedback to hone my skills. Octane’s culture makes employees feel valued and instills the confidence to work to their full potential.

Geetika Chawla

Dealer Risk Manager

How do you make yourself accessible to the rest of the team?

To make myself accessible, I engage in 1:1s with various members of the team, have a public calendar so people can throw on a meeting if there is ever something they want to discuss, do strategy sessions several times a year, host an all-hands every month, and attend company happy hours.

Jason Guss

C.E.O.

What are some things you learned at the company?

At Octane I’ve learned that small, scrappy teams of highly motivated individuals can accomplish big things. And that world-class products require both focus and patience to build. We’re just as proud of the things we say “No” to, as we are of the products we ship that delight consumers and make life easier for recreational dealers.

Evan Coates

Vice President & General Manager, Consumer

What are Octane Perks + Benefits

Octane Benefits Overview

Benefits Include:

Robust Health Care Plans (Medical, Dental & Vision)
Up to 5 weeks PTO (self-managed)
Generous Parental Leave
Retirement Plan (401k) with Company contribution
Educational Assistance/Tuition Reimbursement up to $3K/year
Powersports Safety Benefit: reimbursement of up to $500/year for the purchase of any powersports safety equipment
Life Insurance (Basic, Voluntary & AD&D)
Short Term / Long Term Disability & Life insurance
Team Activities (remotely)
Company gift program

Culture
Open door policy
OKR operational model
Pair programming
Open office floor plan
Remote work program
Diversity
Diversity employee resource groups
Health Insurance + Wellness
Flexible Spending Account (FSA)
Employees can contribute up to $2,750 per year and use these funds for eligible medical, dental and vision expenses.
Disability insurance
Dental insurance
Octane's dental plan covers 100% of preventative care costs!
Vision insurance
Health insurance
70% company contribution
Life insurance
We cover you with a life insurance policy valued at 1x your salary.
Pet insurance
Wellness programs
Financial & Retirement
401(K)
We make an annual contribution of 3% of your prior year's W2 earnings, whether you contribute to your 401k or not.
Company equity
Charitable contribution matching
We will match each charitable contribution that ranges from $25 - $500.
Child Care & Parental Leave
Generous parental leave
Employees may receive paid time off up to a maximum of 4 weeks birthing & recovery and/or 12 weeks bonding leave for any birth, adoption or placement event in a rolling twelve (12) month period.
Vacation + Time Off
Generous PTO
Exempt employees are encouraged to take at least 2 weeks, but can take as many as 5 weeks of vacation time per year.
Paid holidays
Paid sick days
New York and Texas employees receive additional sick time
Office Perks
Commuter benefits
Company-sponsored outings
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Professional Development
Tuition reimbursement
Octane will reimburse 90% of approved tuition, fees and other expenses, up to a maximum of $3,000 per year, incurred by an employee for continuing education through an approved program.
Lunch and learns
Promote from within

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