Head of rewards

Location

San Francisco

Full time

Hybrid

Business Foundations, People Team, People

• $180K – $225K

At Watershed, we strive to design consistent, fair, and competitive compensation programs. The total cash compensation range may be inclusive of several levels at Watershed and final offer will be determined by a number of factors, including the candidate’s skills, capabilities, and location, as well as scope of the role.

The anticipated cash compensation range is in addition to a total rewards benefit package including equity, health/dental/vision insurance, 401(k), unlimited paid time off, paid parental leave, fertility, and mental health programs, etc.

Watershed is the enterprise sustainability platform. Companies like Airbnb, Carlyle Group, Fed Ex, Visa, and Dr. Martens use Watershed to manage climate and ESG data, produce audit-ready metrics for voluntary and regulatory reporting including CSRD, and drive real decarbonization. We are looking for team members who love product-building, want to work hard at a mission‑oriented startup, and will collaborate with us in shaping the culture of a growing team.

We have offices in San Francisco, New York, London, Paris, Berlin, Sydney, Mexico City, and remote team members across the US and Europe. We hope that you’ll be interested in joining us!

You’ll lead our total rewards efforts at Watershed, overseeing our unique and simple compensation and benefits program, ensuring equitable outcomes and aligning performance with compensation rewards. Specifically, you’ll refine and improve our compensation philosophy and design, implement and communicate our global programs. You’ll report to the Head of People, your work will be accountable to the board and founders and you’ll partner closely with HRBPs, finance, recruiting and leaders across the organization.

This role will be based in our San Francisco office. This is a fantastic opportunity for someone who sees themselves as a builder and strategist to help us avoid the pitfalls of a globally scaling organization.

• Compensation is the larger emphasis for this role
• Design compensation and benefits programs to align with Watershed’s philosophies
• Identify external marketplace trends and provide expertise in competitive practices to inform program design and development
• Lead compensation benchmarking process including survey participation, market analysis, salary range and structure development globally
• Administer bi-annual compensation processes which includes equity and cash budget modeling, merit and market increases, and market competitiveness review
• Act as a subject matter expert and provide strategic consult to HRBP’s and recruiting team on all thing’s total rewards
• Proactively ensure our offering is competitive to attract and retain talented employees
• Partner with revenue operations team to ensure sales compensation is in‑line with company practices
• Communicate and collaborate with leaders across the organization to collect feedback, build trust, and advise on compensation topics from program‑level to individual basis, including enablement and advocacy for our evolving compensation philosophy
• Scale benefits offering in 3+ emerging markets

• 10+ years experience in compensation or equivalent capabilities
• Strong compensation program design and management experience at technology companies
• Experience running compensation models in Google Sheets or Excel
• Understanding of US and global compensation and benefits practices
• Enthusiasm for operational improvements
• Previous experience supporting a scaling organization at critical stages of growth & expansion (e.g., pre‑IPO, M&A, new market entry, etc.)
• Experience working at fast growing companies and comfort with ambiguity
• Desire and ability to be a player coach - everyone is a doer at Watershed!

Watershed has hub offices in San Francisco, New York, London, and Mexico City and satellite offices in Sydney, Paris, and Berlin. Where we have offices, employees are expected to be in office…