Enova
Hybrid

Head of Compensation

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Title: Head of Compensation

Reports to: Chief People Officer

What you’ll be doing:

As the Leader of Compensation for all of Enova, you’ll be a lean team of 1, but have the opportunity to make a big impact across the organization at our publicly traded company. You will lead all aspects of managing Enova’s total compensation program, work directly our CEO and with the Compensation Committee of Enova’s Board of Directors, and be the ‘go-to’ consultant for our HRBP’s and Leadership team for everything needed to ensure Enova maintains our competitive advantage.

Your core priorities will be to:

  • Lead our salary based programs and initiatives as well as our variable incentive pay programs (including our annual cash bonus plan, long-term equity plan, and monthly commissions plans), plus act as our Monthly Commission Plan Committee Chair.
  • Identify supportive market research and leverage competitive and relevant trends to proactively support internal and external salary recommendations that ensure Enova’s base salaries remain competitive.
  • Manage our long-term incentive equity program, lead all grant and vesting activities with our stock plan administrator and manage and monitor share utilization.
  • Maintain our plan documents and be relied on for analytics and reports working in partnership with HRBP’s and business partners on various compensation initiatives.
  • Prepare materials for the Compensation Committee of the Board of Directors, including setting of agenda and topics for meetings and managing the annual work plan.
  • Understand Institutional Shareholder Services (“ISS”) policies and provide recommendations for compliance.
  • Assist with drafting the annual proxy statement including the Compensation Discussion and Analysis (“CD&A”), Summary Compensation Table, and termination tables for the named executive officers
  • Maintain the compensation plans and administer the annual compensation decisions within Workday.

What you should have:

  • A Bachelor’s degree in Human Resources, Business or related field; or equivalent experience.
  • 5-10 years’ experience in a professional compensation role.
  • Experience administering public company senior executive compensation plans.
  • Led compensation programs from annual merit planning, variable pay (annual & commission), and outsourced stock plan administration.
  • An ability to manipulate data in Excel and knowledge of advanced formulas and analytics.
  • Experience using online marketing pricing tools, creating and managing salary ranges.
  • Experience driving organization-wide projects from end to end including strategy, execution, and communication activities.
  • Excellent interpersonal and communication skills including group presentation skills and ability to influence.
  • The ability to positively interact and effectively communicate with stakeholders at all levels of the organization.
  • Experience working within the Workday HCM module a plus.

About our team:

Our People Team (you may know us as the Human Resources department) is committed to attracting, developing and retaining our people. You’ll sit alongside our Recruiting, People Resources, Benefits, Talent Development and PeopleTech teams, and be a part of a highly motivated, driven and smart group of folks, all focused on the same goal of making Enova a great place to work.

About Enova:

Enova is a leading provider of online financial services that leverages its advanced technology and analytics to provide access to credit for non-prime consumers and small businesses. Our roots are in Chicago, but we have served nearly 5 million customers through our six businesses in the U.S. and abroad. We pride ourselves on hiring smart and driven people who bring new and innovative ideas to the table. Our philosophy is, "Life’s short. Work someplace awesome."

Many of us consider our people to be Enova’s best perk. But to sweeten the deal, we also have a pretty awesome list of conventional (and less conventional) perks and benefits including competitive salaries, health care benefits, a 401K matching plan, a revamped parental leave program (and brand new nursing rooms for our returning mothers!) summer hours, tuition reimbursement and a sabbatical program. And of course we also have the things you’d expect at a leading tech company in Chicago, such as the snacks, game room, onsite massages/barbers/nail technicians, monthly social events, and sporting sponsorships.

Our goal at Enova is to recruit, hire, develop and maintain a diverse workforce. It is our policy to provide equal employment opportunity for all persons and not discriminate in employment decisions by placing the most qualified person in each job, without regard to any other classification protected by federal, state, or local law.

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What are Enova Perks + Benefits

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
Pair programming
Open office floor plan
Flexible work schedule
Enova employees are able to leave at 2pm on Fridays between Memorial Day and Labor Day!
Remote work program
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity manifesto
Diversity employee resource groups
- B.L.A.C.K @ Enova - HOLA @ Enova - Pride @ Enova - South Asians @ Enova - Women @ Enova - Parents @ Enova
Hiring practices that promote diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Pet insurance
Wellness programs
Team workouts
Enova's team fitness initiatives include Sponsored race teams.
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
Company equity
Performance bonus
Charitable contribution matching
Child Care & Parental Leave Benefits
Childcare benefits
Generous parental leave
Family medical leave
Return-to-work program post parental leave
Company sponsored family events
Vacation & Time Off Benefits
Generous PTO
Paid volunteer time
Sabbatical
Paid holidays
Office Perks
Commuter benefits
Company-sponsored outings
Free snacks and drinks
Some meals provided
We provide free breakfast on Monday.
Company-sponsored happy hours
Company-wide happy hours are hosted once per month and team's host happy hours at their discretion..
Onsite office parking
We offer employees discounted on-site garage parking.
Relocation assistance
Fitness stipend
Home-office stipend for remote employees
Onsite gym
Professional Development Benefits
Job training & conferences
Tuition reimbursement
Lunch and learns
Both company-wide and department-specific events.
Promote from within
Mentorship program
Continuing education stipend
Online course subscriptions available
Customized development tracks
Paid industry certifications

Additional Perks + Benefits

Sabbatical program • Recognition programs • Commuting reimbursement • Monthly social events • Discounted gym memberships • Pet insurance

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