Salary
💰 $130,000 - $150,000 per year
About the role
- Develop and implement executive compensation strategies aligned with business objectives, including salary structures, bonuses, stock options, and long-term incentive plans.
- Benchmarking: Conduct market analysis and benchmarking to ensure executive compensation is competitive within the industry.
- Compliance: Ensure all programs comply with legal requirements and governance standards. Stay abreast of changes in compensation laws and regulations.
- Compensation Committee support: Prepare materials and presentations for the Compensation Committee and Board of Directors.
- Performance evaluation: Collaborate with HR and executive leadership to assess performance and determine appropriate compensation adjustments. Develop performance metrics and conduct regular performance reviews.
- Stakeholder communication: Communicate compensation strategy and policies to executives and relevant stakeholders. Prepare detailed reports and conduct meetings.
- Data analysis: Analyze compensation data to track trends, forecast costs, and identify potential risks. Utilize data analytics tools.
- Policy development: Develop and maintain policies related to executive compensation, including stock options, bonuses, and other incentives.
Requirements
- Bachelor's degree in business, Human Resources, Finance, or a related field; MBA or relevant advanced degree preferred.
- Minimum of 3-5 years of experience in executive compensation within the private and public sector.
- Proficient in compensation software and data analysis tools; Experience with HRIS systems and advanced Excel skills.
- Strong understanding of compensation laws, regulations, and best practices; In-depth knowledge of executive compensation trends and market practices.
- Exceptional analytical and problem-solving skills; ability to interpret complex data and provide actionable recommendations.
- Organizational Skills; Interpersonal Skills; Communication skills; Attention to detail.
- Certifications: Required: None; Preferred: Compensation certification (e.g., CCP).