Plaid

Compensation Lead

Plaid$120K — $160K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-8+ years of experience in compensation or total rewards
  • Hands-on experience with compensation cycles (year-end or mid-year)
  • Experience in job benchmarking and competitive analysis
  • Strong analytical skills with capability to build complex models
  • Familiar with RSU/equity structures and can explain them
  • Proficient in compensation tools (Workday, Compa, Pave, etc.)
  • Preferred: experience in private/pre-IPO environments and knowledge of Plaid's tech stack

Responsibilities

  • Own compensation support for designated client groups with emphasis on speed and accuracy
  • Lead annual and mid-year compensation cycle configurations in Workday and related tools
  • Manage Plaid's compensation systems including Compa, Pave, and external survey tools
  • Conduct job matching and competitive analysis for benchmarking
  • Maintain current and accurate compensation band and zone data
  • Develop and manage complex models for program design and leadership decisions
  • Collaborate with cross-functional team members on priority projects and peak times

Benefits

  • Comprehensive medical, dental, and vision plans
  • 401(k) retirement savings plan
  • Additional compensation forms including equity and commission opportunities
  • Support for diverse team building and equitable financial ecosystem initiatives
Full Job Description
The Compensation team designs, manages, and evolves Plaid's compensation strategy to attract, retain, and motivate world-class talent. We make sure compensation is fair inside the company and competitive in the market. We work on programs that connect directly to Plaid's business goals and employee experience - using data and insight to make equitable, well-informed decisions. Our work spans cash and equity program design, annual and mid-year review cycles, benchmarking, and exec comp support.

In this role, you will own compensation support for specific client groups and take the lead on cycle operations and comp tooling across the team. You'll work alongside a sharp team and closely with Plaid's Head of Total Rewards. You'll have clear ownership of your domain from day one, with real exposure to equity program mechanics, exec comp, and board-level deliverables.

Responsibilities:
  • Own comp support for specific client groups - offers, promos, manager/HRBP questions - with a high bar for speed and accuracy
  • Lead configuration and rollout of annual and mid-year compensation cycles in Workday and comp tooling
  • Manage and maintain Plaid's comp systems: Compa, Pave, and external survey tools (Compensia, Radford)
  • Run benchmarking analysis - job matching, market data pulls, competitive pay positioning
  • Maintain compensation band and zone data; ensure ranges stay current and accurate
  • Build and maintain complex models in support of program design and leadership decisions
  • Partner closely with other team members on high-priority workstreams and peak-season capacity


Qualifications:
  • 5-8+ years of experience in compensation or total rewards
  • Hands-on experience owning or co-owning a compensation cycle (YE or mid-year)
  • Benchmarking experience: job matching, survey submissions, competitive analysis
  • Strong analytical skills - you build and own complex models, not just populate templates
  • RSU/equity experience - you understand how equity comp works and can explain it clearly
  • Systems fluency - comfortable in at least one comp tool (Workday, Compa, Pave, or equivalent)
  • Nice to have: private/pre-IPO experience, EPD client support, Plaid tech stack familiarity

Our mission at Plaid is to unlock financial freedom for everyone. To support that mission, we seek to build a diverse team of driven individuals who care deeply about making the financial ecosystem more equitable. We recognize that strong qualifications can come from both prior work experiences and lived experiences. We encourage you to apply to a role even if your experience doesn't fully match the job description. We are always looking for team members that will bring something unique to Plaid!

Additional compensation in the form(s) of equity and/or commission are dependent on the position offered. Plaid provides a comprehensive benefit plan, including medical, dental, vision, and 401(k). Pay is based on factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience and skillset, and location. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.

About Plaid

Plaid is a financial services company based in New York City. The company builds a technology platform, which enables applications to connect with users' bank accounts. Plaid focuses on enabling consumers and businesses to interact with their bank accounts, check balances, and make payments through financial technology applications. The company was founded in 2013 by Zach Perret and William Hockey. In January 2020, Visa announced that it would acquire Plaid for $5.3 billion. The acquisition was completed in January 2021.
Learn more about Plaid
Size
600 employees
Industry
Founded
2011

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