What are the responsibilities and job description for the Manager of Compensation position at Verkada?
Who We Are
Designed with simplicity in mind, Verkada's six product lines — video security cameras, access control, environmental sensors, alarms, workplace, and intercoms — provide unparalleled building security through an integrated, cloud-based software platform. Over 33,500 organizations, including 96 companies in the Fortune 500, across 93 countries worldwide trust Verkada as their physical security layer for easier management, intelligent control, and scalable deployments. Founded in 2016 with more than $700M in funding raised to-date, Verkada has expanded rapidly with 15 offices and 2,200 full-time employees.
About The Role
This is a unique opportunity to join Verkada as its first leader in compensation and build out the function. As we continue to grow, we are consistently developing practices to ensure we attract, reward and retain top talent across the globe. In partnership with our CFO, you will be responsible for the evolution of Verkada’s compensation philosophy as well as the execution of its philosophy across the company. You will be a trusted advisor to leaders of the company and will work closely with various teams such as the People Team, Finance team, Business Operations and so forth. This role reports directly into the CFO but will work side by side with our VP of People.
We are committed to a thriving in-office culture. This role requires that you be on-site at our office in San Mateo, CA 5 days a week.
What You'll Do
Verkada is committed to fostering a workplace environment that prioritizes the holistic health and wellbeing of our employees and their families by offering comprehensive wellness perks, benefits, and resources. Our benefits and perks programs include, but are not limited to:
At Verkada, we want to attract and retain the best employees, and compensate them in a way that appropriately and fairly values their individual contribution to the company. With that in mind, we carefully consider a number of factors to determine the appropriate starting pay for an employee, including their primary work location and an assessment of a candidate's skills and experience, as well as market demands and internal parity. A Verkada employee may be eligible for additional forms of compensation, depending on their role, including sales incentives, discretionary bonuses, and/or equity in the company in the form of restricted stock units (RSUs)
Below is the annual on-target earnings (OTE) range for full-time employees for this position, comprised of base compensation and commissions (if applicable).
Estimated Annual Pay Range
$170,000—$205,000 USD
Verkada Is An Equal Opportunity Employer
As an equal opportunity employer, Verkada is committed to providing employment opportunities to all individuals. All applicants for positions at Verkada will be treated without regard to race, color, ethnicity, religion, sex, gender, gender identity and expression, sexual orientation, national origin, disability, age, marital status, veteran status, pregnancy, or any other basis prohibited by applicable law.
Your application will be handled in accordance with our Candidate Privacy Policy.
Designed with simplicity in mind, Verkada's six product lines — video security cameras, access control, environmental sensors, alarms, workplace, and intercoms — provide unparalleled building security through an integrated, cloud-based software platform. Over 33,500 organizations, including 96 companies in the Fortune 500, across 93 countries worldwide trust Verkada as their physical security layer for easier management, intelligent control, and scalable deployments. Founded in 2016 with more than $700M in funding raised to-date, Verkada has expanded rapidly with 15 offices and 2,200 full-time employees.
About The Role
This is a unique opportunity to join Verkada as its first leader in compensation and build out the function. As we continue to grow, we are consistently developing practices to ensure we attract, reward and retain top talent across the globe. In partnership with our CFO, you will be responsible for the evolution of Verkada’s compensation philosophy as well as the execution of its philosophy across the company. You will be a trusted advisor to leaders of the company and will work closely with various teams such as the People Team, Finance team, Business Operations and so forth. This role reports directly into the CFO but will work side by side with our VP of People.
We are committed to a thriving in-office culture. This role requires that you be on-site at our office in San Mateo, CA 5 days a week.
What You'll Do
- Own and refine Verkada’s global compensation strategy as well as develop and document compensation guidelines, policies and ongoing training programs.
- Review and analyze market data to evaluate our current compensation program and ensure our offering (cash, equity and benefits) remain competitive as we continue to scale and as the market changes.
- Partner with Finance, People Partners, Recruiters, Hiring Managers, and Executives on pay decisions, compensation process & policies and job evaluation.
- Build tools and processes to streamline all compensation workflows, from job posting to internal approvals to merit cycles and ongoing equity refresh programs.
- Assist in developing and tracking critical compensation reporting metrics for the Executive team and board of directors
- Get sh*t done! Be comfortable rolling up your sleeves and getting into the weeds to drive direct impact on a daily basis. We knock out today’s problems while also balancing our need to build for the long-term.
- A Bachelor's Degree from a top university.
- 5 years of experience building out Compensation (or Total Reward/People Analytics), with a specific focus on high growth technology.
- Experience in Investment Banking or Management Consulting is preferred but not required.
- Raw smarts: You have strong business acumen and problem solving skills with a high attention to detail.
- A data-driven mindset with strong analytical and modeling skills.
- You are excited to dig through data to drive evidence-based discussions and decision-making.
- Great influence skills: You are a strong communicator, and able to build trust quickly and effectively. This role works closely with c-level executives.
- A growth mindset: You are comfortable working in a fast-paced startup environment that will require you to manage competing priorities, pivot quickly and often, mentor junior talent, and continually build streamlined processes as the company scales.
- Must be willing and able to commute 5 days in office.
Verkada is committed to fostering a workplace environment that prioritizes the holistic health and wellbeing of our employees and their families by offering comprehensive wellness perks, benefits, and resources. Our benefits and perks programs include, but are not limited to:
- Healthcare programs that can be tailored to meet the personal health and financial well-being needs - Premiums are 100% covered for the employee under at least one plan and 80% for family premiums under all plans
- Nationwide medical, vision and dental coverage
- Health Saving Account (HSA) with annual employer contributions and Flexible Spending Account (FSA) with tax saving options
- Expanded mental health support
- Paid parental leave policy & fertility benefits
- Time off to relax and recharge through our paid holidays, firmwide extended holidays, flexible PTO and personal sick time
- Professional development stipend
- Fertility Stipend
- Wellness/fitness benefits
- Healthy lunches provided daily
- Commuter benefits
- You must be independently authorized to work in the U.S. We are unable to sponsor or take over sponsorship of an employment visa for this role, at this time.
At Verkada, we want to attract and retain the best employees, and compensate them in a way that appropriately and fairly values their individual contribution to the company. With that in mind, we carefully consider a number of factors to determine the appropriate starting pay for an employee, including their primary work location and an assessment of a candidate's skills and experience, as well as market demands and internal parity. A Verkada employee may be eligible for additional forms of compensation, depending on their role, including sales incentives, discretionary bonuses, and/or equity in the company in the form of restricted stock units (RSUs)
Below is the annual on-target earnings (OTE) range for full-time employees for this position, comprised of base compensation and commissions (if applicable).
Estimated Annual Pay Range
$170,000—$205,000 USD
Verkada Is An Equal Opportunity Employer
As an equal opportunity employer, Verkada is committed to providing employment opportunities to all individuals. All applicants for positions at Verkada will be treated without regard to race, color, ethnicity, religion, sex, gender, gender identity and expression, sexual orientation, national origin, disability, age, marital status, veteran status, pregnancy, or any other basis prohibited by applicable law.
Your application will be handled in accordance with our Candidate Privacy Policy.
Salary : $170,000 - $205,000
