At Acorns we look after the financial best interest of the up-and-coming.  We are innovators. We make bold decisions. We stay curious, inspiring one another to push past all previous thresholds of possibility.  We are one team & are building a diverse community of team members, partners, & customers from all walks of life to foster creativity, challenge conventional thinking, & put the tools of wealth-making in everyones hands. 

We are looking for missionaries who are rooted in purpose, to join our team. We can achieve our goals if we are a team of missionaries working toward a shared purpose & mission. 

Our mission? With benevolence & courage, we look after the financial best interests of the up-and-coming; beginning with the empowering, proud step of micro-investing.

How do we accomplish our mission? Our values. 

Lead With Heart 

With compassion, integrity, & tenacity, inspire yourself & others to move past all previous thresholds of possibility

Make Bold Decisions

We are creating a new world. Be optimistic, adventurous, & courageous. Leap fearlessly into the future

Always Build Trust

Say what you mean, mean what you say, & do what you say youre going to do. We are all owners. We are one team

Never Stop Growing

Change IS the constant. Stay hungry & curious. Be relentless in the pursuit of progress

Find a way

Never settle, no excuses, nothing is impossible. Just make it happen

Our values guide us, & our mission drives us. 

Come join us & help deliver financial wellness for the whole family, creating compound growth at every life stage.

Compensation & Benefits Sr. Manager | Acorns 

Acorns is seeking an experienced Compensation & Benefits professional to grow with the company. You will own the strategy & implementation of key processes, programs, & policies that enable the HR team to operate effectively & deliver a world-class employee experience. We are a team of creative, curious, solutions-oriented people & seek out these qualities in everyone we hire.

This role has the option to be remote or based in our Irvine, CA or New York, NY offices.

Within 1 month, you will:

• Meet with key stakeholders & leaders to become integrated into & understand the Acorns culture.
• Learn end-to-end processes, policies & programs supporting compensation & benefits & identify efficiencies & other areas of opportunity. 
• Begin to document standard compensation & benefit operating procedures, were needed, including developing dissemination & communication plans.  
• Assume oversight of compensation & benefits activities supporting team member onboarding & off-boarding.  
• Provide analytical support & recommendations for ad-hoc compensation reviews & develop adjustment & retention recommendations.  
• Complete Acorns best-in-class onboarding, Acorns Seedling Program
• Participate in a virtual coffee session hosted by Acorns CEO, Noah Kerner
• Attend your first community-wide virtual all-hands meeting

Within 3 months, you will:

• Partnering with HR leadership & in alignment with Acorns principles & values, advance, guide, & implement our company-wide compensation & benefits strategy & programs to support the changing needs of Acorns team members. 
• Serve as a sponsor, strategic partner, & thought leader for compensation & benefits at Acorns by making data driven decisions, applying your deep expertise & by keeping updated on industry best practices, benchmarks, & the latest compensation approaches.
• Collaborate closely with HR partners as a subject matter expert to provide consultation & guidance. 
• Continue the enhancement & maturation of the Acorns job architecture, including the creation of job descriptions & assignment of roles into the structure. 
• Serve as the primary subject matter expert to address compensation & benefits questions from both team members & managers.  
• Conduct regular audits of benefits carrier feeds.  
• Review your 30-60-90 day goals & accomplishments with your manager
• Engage in Acorns Community & Heritage celebrations
• Receive operational updates from our GoHenry & PixPay team members during Acorns quarterly global virtual all-hands session

Within 6-12 months, you will:

• Collaborate with HR & Finance leadership to execute, review & update the annual cash bonus & annual equity refresh programs. 
• Provide senior leadership with compensation support materials for Board review & approval. 
• Shepard the benefits renewal & open enrollment activities, including identifying & implementing opportunities to enhance benefit offerings. 
• Spearhead the compensation component of midyear & year-end promotion & merit adjustment processes. 
• Conduct competitive review of compensation & salary structure, updating as appropriate to ensure continued alignment with market. 
• Partner with Legal to address ad-hoc equity requests.  
• Identify trends & develop & implement new practices to engage & motivate team members.  
• Complete & submit all required compensation & benefits reporting. 
• Complete a Performance Development Check-in to align on Performance & Values Rating Trends

What you will bring to Acorns:

• Bachelor's degree in Business, Finance, Math or a related field & at least 12 years of experience focused on building, developing & scaling programs.
• Ability to execute strategy, a keen ability to deliver against a plan with a strong bias for action, & a proven track record for driving, managing & scaling compensation & benefits programs through policies, processes, & systems.
• Deep listening & exceptional stakeholder management skills.
• Strong business acumen, data analysis skills & a deep understanding of equity/stock compensation.
• Thirst for delivering game-changing products.
• Exceptional drive & precision in delivery.
• A belief that your work is tied to your life's mission.
• Optimistic about the potential of societal change.

You are not expected to have experience with all listed requirements. If you feel passionately about Acorns' mission, vision & values, please apply.  

What we offer: 

• Competitive salary & stock options
• A comprehensive benefits package to meet the needs of you & your family
• Flexible work hours, location, & paid time off 
• 401k discretionary match
• Monthly Acorns account contribution & GoHenry account for your family
• Wellness Days - Company-wide quarterly days off to rest + recharge
• Mindfulness, Mental Health, & Financial Wellness resources: Headspace, Ginger, & Addition Wealth are offered at no cost to you
• Acorns Career Development Program (Monthly Acorns to Oaks training sessions, development plans, quarterly development check-ins, Cornerstones online training platform)
• Roots Leadership Program for emerging leaders
• Monthly community celebrations, events, panel discussions, & speakers
• Talented & motivated team members who care deeply about one another, our mission, & our customers.
• The rare opportunity to create a new world. We inspire one another every day to do meaningful work that solves big societal challenges.

About Acorns:

Acorns is how everyday consumers save & invest for the long term. To date, customers have invested over $15 billion with Acorns, much of it in spare change. By putting the tools of wealth-making in everyone's hands, Acorns has become the largest subscription service in U.S. consumer finance, serving over 10 million everyday Americans. Customers get automated investing in diversified portfolios, a simple retirement product, a bank account that helps people spend less to invest more, & bonus investments from 20k brands. Plus, everyday Americans can easily invest in their kids & get money news they can use, all from the same app. From acorns, mighty oaks do grow!

Mission:

With benevolence & courage, we look after the financial best interests of the up-and-coming; beginning with the empowering step of micro-investing.

Values:

• Lead With Heart
• Make Bold Decisions
• Always Build Trust
• Never Stop Growing
• Find a Way

Commitment to a diverse community: 

Acorns is committed to building a diverse community of customers, partners, & team members. We believe that fostering diversity not only fuels creativity but also challenges conventional thinking & helps us properly represent the unique experience of the everyday consumer that we serve. 

Compensation Information:

The pay range for this position at commencement of employment is expected to be between $144,743 & $170,286/year; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, & experience. The total compensation package for this position may also include other elements, including equity grants & discretionary cash bonus awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility & various paid time off benefits, such as vacation, sick time, & parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired, employee will be in an at-will position & the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, & market factors.

Application Deadline: 

This application was originally posted on 4/18/24. The Company reasonably aims to fill this position on or about 6/18/24 & to accept applications until filled. However, depending on multiple individualized factors, including the Companys reasonable business needs & the number of applicants, such deadline may change.