Job Description

Position Specific Description

The Executive Compensation Lead will lead the design, implementation and maintenance of cost effective executive compensation and benefit plans and programs based on competitive practices, regulatory directives, and the Companys principles. Responsibilities include the following:

* Research and analyze executive compensation and benefit trends
* Prepare materials for Compensation Committee meetings
* Administer executive remuneration plans and programs
* Support multiple executive compensation projects, including re-designing or creating new programs, drafting policies, documenting and revising processes, and complying with regulatory changes
* Create compensation proposals and summaries to support hiring and/or promoting executive talent
* Conduct competitive benchmarking of executive and non-employee director compensation and benefits programs, and participating in applicable surveys
* Conduct complex analyses for presentations for management
* Perform advanced financial analyses and modeling of existing and proposed programs
* Participate in preparation of proxy statement and other relevant disclosure materials
* Communicate effectively with critical executive compensation support groups including relevant internal business units and external compensation consultants
* Stay informed about relevant laws, regulations and issues that impact executive compensation and benefits and preparing summaries for senior leadership

Position Preferred Requirements: Bachelors Degree in business or other quantitative area of concentration; Masters degree in business administration, human resource management or other advanced degree desirable. Minimum of 7 years of experience in compensation or other discipline relevant to above accountabilities. CCP and CEP designations desirable. In-depth understanding of compensation, such as incentive compensation design and equity compensation governance. Ability to comprehend complex regulations and program provisions. Strong, demonstrated analytical and problem-solving skills as well as excellent attention to detail and quality orientation. Demonstrated technical skills in Excel, PowerPoint, and Word. Strong communication and customer service skills. Ability to function effectively in a fast-paced environment with multiple complex demands and shifting priorities.
Job Overview

Employees in this role will serve as a subject matter expert to lead the design and project management of competitive and cost effective total compensation programs, practices and solutions. This role will provide project management leadership to the compensation team and provide compensation services to assigned business unit(s) including total compensation administration, internal and external analysis, and consultation with business unit leaders and HR staff.

Job Duties & Responsibilities

* Serves as a project leader, mentor and coach to provide oversight of activities of compensation team
* Acts as a strategic partner to assigned business unit(s) in managing the needs assessment, design, and implementation of customer solutions related to compensation and reward services
* Performs complex analysis, develops alternative recommendations, and formulates implementation strategies for job design and compensation and reward programs
* Ensures compensation practices and programs are competitive in order to attract, retain, and motivate employees
* Evaluates the effectiveness of compensation programs in order to make recommendations for change
* Participates in market surveys and benchmarking of pay programs
* Prepares job descriptions, recommends corresponding compensation levels, and communicates recommendations in a concise, customer-focused format
* Audits pay practices to ensure compliance with federal and state legislation applicable to wage and hour laws and regulations and internal pay policies
* Partners with information technology team and other internal partners to design effective compensation administration reporting tools
* Performs other job-related duties as assigned

Required Qualifications

* High School Grad / GED
* Bachelors or Equivalent Experience
* Experience: 7+ years

Preferred Qualifications

* Masters - Business Administration