At PayPal (NASDAQ: PYPL), we believe that every person has the right
to participate fully in the global economy. Our mission is to revolutionize
commerce globally to make moving money, selling and shopping, personalized and
Job Description Summary:
Reporting to PayPal's SVP of Total Rewards & People Operations, the
Global Head of Executive Compensation will lead the development,
implementation, communication and administration of PayPal's executive
compensation and equity programs, and proactively navigate challenges as
they a
Job Description:
The Company:
Fueled by a fundamental belief that having access to financial services
creates opportunity, PayPal (NASDAQ: PYPL) is committed to
democratizing financial services and empowering people and businesses to join
and thrive in the global economy. Through a combination of technological
innovation and strategic partnerships, PayPal creates better ways to manage
and move money, and offers choice and flexibility when sending payments,
paying, or getting paid.
We operate a global, two-sided network at scale that connects merchants and
consumers with 426 million active accounts (consisting of 392 million
consumer active accounts and 34 million merchant active accounts) across
more than 200 markets. PayPal helps merchants and consumers connect,
transact, and complete payments, whether they are online or in person.
PayPal is more than a connection to third-party payment networks. We provide
proprietary payment solutions accepted by merchants that enable the completion
of payments on our platform on behalf of our customers.
We offer our customers the flexibility to use their accounts to purchase and
receive payments for goods and services, as well as the ability to transfer
and withdraw funds. We enable consumers to exchange funds more safely with
merchants using a variety of funding sources, which may include a bank
account, a PayPal or Venmo account balance, PayPal and Venmo branded
credit products, a credit card, a debit card, certain
cryptocurrencies, or other stored value products such as gift cards, and
eligible credit card rewards. Our PayPal, Venmo, and Xoom products also
make it safer and simpler for friends and family to transfer funds to each
other. We offer merchants an end-to-end payments solution that provides
authorization and settlement capabilities, as well as instant access to
funds and payouts. We also help merchants connect with their customers,
process exchanges and returns, and manage risk. We enable consumers to
engage in cross-border shopping and merchants to extend their
global reach while reducing the complexity and friction involved in enabling
cross-border trade.
PayPal is a purpose-driven company whose beliefs are the foundation for how we
conduct business every day. We hold ourselves to our One Team Behaviors which
demand that we hold the highest ethical standards, to empower an open and
diverse workplace, and strive to treat everyone who is touched by our
business with dignity and respect. Our employees challenge the status quo,
ask questions, and find solutions. We want to break down barriers to
financial empowerment. Join us as we change the way the world defines
financial freedom.
The Position:
Reporting to PayPal's SVP of Total Rewards & People Operations, the
Global Head of Executive Compensation will lead the development,
implementation, communication and administration of PayPal's executive
compensation and equity programs, and proactively navigate challenges as
they a
Key Responsibilities:
- Develop equity budgets, provide modeling, monitor, and forecast equity
usage including burn rate and other dilution analyses.
- Prepare policies and procedures and manages corporate calendar to insure the
achievement of compliant, equitable and competitive executive compensation.
- Maintain a working knowledge of global regulations and practices influencing
compensation and bene its, including compliance, reporting and disclosures.
- Lead the preparation of materials for the Compensation Committee of the
Board of Directors including to develop and present analyses, information
and rational to leadership in preparation for committee meetings.
- Stay updated on latest trends and competitive intelligence to ensure
programs are current regarding market trends, prevailing industry practices
and competitively positioned relative to peer companies.
- Conduct comprehensive internal and external analyses of current and
potential executive compensation programs and prepare summaries of financial
and design implications.
- Ensure the flawless implementation of all executive programs for executive
officers including administration, communication and sustains an unrelenting
commitment to continuous improvement of existing practices and processes.
- Understand and apply tax regulations, labor and Securities and Exchange
Commission laws, Sarbanes Oxley, financial reporting requirements such as
409A and 162m, and all other regulatory requirements.
- Oversee and prepare CD&A in partnership with the legal team, and
executive compensation tables for the company s annual proxy statement, as
well as other related disclosures.
- Ensure the design and administration of compensation programs comply with
internal governance guidelines and understand the global and in-country
implications of executive compensation and equity compensation.
- Oversee the year-end bonus and merit forecasting and planning processes for
executives.
- Coordinate and closely collaborate with the global compensation, executive
talent and executive recruiting teams on all executive compensation
recommendations and actions.
