Executive Compensation Manager is responsible for the analysis and administration of executive compensation programs, annual and long-term incentive programs, and deferred compensation plans. Provide consultation on executive compensation matters to senior executives and human resources. Being an Executive Compensation Manager oversees the preparation of compensation data for proxy disclosure and compensation committee meetings. Assists executive directly or engages/manages outside consultants with tax matters related to compensation. Additionally, Executive Compensation Manager directs the salary survey process and evaluates market data for executive positions. Requires a bachelor's degree. Typically reports to top management. May require Certified Compensation Professional. The Executive Compensation Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be an Executive Compensation Manager typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)
Position Summary
Under direct supervision of the Human Resources Director, supervises, administers and coordinates the compensation functions for all business entities. Has primary responsibility for assisting enterprise directors/managers in people planning. Provides expert resource backup for managers during department reviews and/or reorganization proposals. Administers the merit increase portion of the Performance Appraisal program. Responsible for monitoring and recommending wage increases as a result of local market data.
As a member of the management team, directly supports the strategic planning and budgeting processes for HR. Responsible for developing and coaching direct reports.
Supervision Exercised
Reports to the Human Resources Director.
Major Duties and Responsibilities
Secondary Duties and Responsibilities
Knowledge, Skills and Abilities
Minimum Qualifications, Education and Experience
Required:
Licensing Status
Working Conditions