Vp, Total Rewards

Summary

Join Virta Health as the visionary Vice President of Total Rewards, leading the compensation and benefits strategy to support our high-performance culture and ambitious growth goals. You will lead a talented team, shaping the future of our organization. This role requires a strategic and hands-on leader experienced in high-growth environments and navigating private and public company practices. You will redesign compensation strategies, lead executive compensation programs, develop equity and long-term incentives, optimize benefits, and ensure compliance. Mentoring and developing the Total Rewards team and collaborating with cross-functional stakeholders are also key responsibilities.

Requirements

• 15+ years of experience in total rewards, with a minimum of 5 years in compensation and 5 years in a leadership role
• Experience at a public company is required
• Deep knowledge of executive compensation, equity structures, benefits optimization, and compensation committee governance
• Familiarity with the requirements, challenges, and opportunities of transitioning from private to public, including SEC compliance and proxy reporting
• A track record of designing scalable, forward-looking total rewards strategies that support business goals
• Ability to lead, inspire, and develop a team of professionals, fostering collaboration and innovation

Responsibilities

• Redesign and implement a forward-thinking compensation strategy that aligns with our business objectives, supports a high-performance culture, and positions us competitively for an IPO and beyond
• Lead the design and administration of executive compensation programs, including equity, bonus structures, and market benchmarking. Partner with the Chief People Officer and BoD Compensation Committee to ensure compliance and competitiveness
• Develop strategies for equity and long-term incentives that support retention and value creation for employees at all levels
• Evaluate and enhance our benefits offerings to meet the needs of a diverse, distributed workforce while controlling costs
• Ensure compliance with applicable regulations, particularly as we transition to a public company, including proxy reporting and equity program administration
• Mentor and develop the Total Rewards team, ensuring they are equipped to deliver high-quality support across the organization
• Work closely with Finance, Legal, and other stakeholders to align on budgeting, reporting, and governance
• Leverage analytics to provide actionable insights on compensation trends, equity usage, and workforce planning
• Conduct a comprehensive audit of current compensation, equity, and benefits programs
• Identify immediate gaps, risks, or inconsistencies and present recommendations to leadership
• Engage with key stakeholders to understand priorities and build strong partnerships
• Assess the Total Rewards team structure, skillsets, and capacity
• Provide clear guidance, roles, and responsibilities while fostering a culture of collaboration and growth
• Partner with leaders across the organization to understand workforce needs and ensure total rewards programs drive engagement and performance
• Develop close bonds with Finance and Legal to align on equity administration, budgeting, and compliance
• Begin crafting a long-term compensation strategy, focusing on scalability and IPO readiness
• Start addressing critical issues such as market positioning, equity dilution, and retention strategies for top talent
• Lay the groundwork for public company compensation committee meetings, while cultivating a balance between deep internal alignment and market standards

Preferred Qualifications

Pre-IPO experience is strongly preferred

Benefits

Compensation range is $200,000 - $245,000 per year