Collaborate with Legal, Accounting, Tax, Audit, regional Total Rewards, and the Compensation Committee’s independent consultant.
Monitor developments in executive compensation regulations such as ISS and Glass Lewis, disclosure, and shareholder voting.
Develop communications to ensure plan participants understand programs.
Conduct due diligence for mergers and acquisitions or other corporate transactions.
Manage a team of 1 resource focused on equity administration and executive compensation.
Requirements
Knowledge of federal and state regulations as well as legislation that impacts executive total rewards programs.
Fortrea may consider relevant and equivalent
experience in lieu of educational requirements.
Experience (Minimum Required): Bachelor’s Degree. Fortrea may consider equivalent
experience in lieu of degree requirements. Minimum of 6 years of functional
Repetitive hand movement of both hands with the ability to make fast, simple, repeated movements of the fingers, hands, and wrists.
Ability to access and use a variety of computer software developed both in-house and off-the-shelf.
Light to moderate lifting and carrying, or moving of objects, including luggage and laptop computer with a maximum lift of 15-20 lbs.
Experience
Minimum of 3 years of people management experience.
Benefits
Job Overview: The Director, Executive Compensation will own the strategy, design, and implementation of executive compensation programs, including base pay, short-term incentive programs, long-term incentive structures.
This position is responsible for the design and implementation of compensation programs for the top executives, the Board of Directors, and all short- and long-term incentive participants globally.
Responsibilities: Provide technical expertise on executive compensation strategy, design, policies, procedures, regulations, and compliance.
Lead, influence, and collaborate with HR and business partners to shape our executive compensation programs to drive long-term sustainable growth.
Prepare and coordinates agenda, materials, and planning for presentations to the CEO, CHRO, and the Compensation Committee of the Board of Directors.
Manage year-end, new hire, and separation-related compensation processes administration for senior executives including benchmarking compensation levels with peer organizations.
Prepare the Compensation Discussion & Analysis and compensation tables for the proxy statement and analyses related to other public filings in partnership with internal and external partners.
Manage the stock administration and nonqualified deferred compensation programs as well as the vendor relationship with Fidelity.
Assist the compensation and sales teams in other analyses, calculations, year-end planning and projects as needed.
Qualifications (Minimum Required): Expertise in the design and administration of incentive compensation programs including short- and long-term as well as equity programs.
Partnering with other groups including the Board of Directors/Compensation Committee, HR, Finance, Tax and Legal departments.
Experience using compensation and HR Systems (Workday, Fidelity, Willis Towers Watson, Equilar, Diligent, ServiceNow etc.).
experience in designing and managing executive and equity compensation programs on a global basis with a publicly traded organization.
Pay Range: $165,000-$190,000 (The range does not include benefits, and if applicable, bonus, commission, or equity)
Benefits: All job offers will be based on a candidate’s skills and prior relevant experience, applicable degrees/certifications, as well as internal equity and market data.
benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(K), ESPP, Paid time off (PTO) or Flexible time off (FTO), and Company bonus where applicable.
Additional details
Acts as a subject matter expert with Business Leaders, HR Business Partners, Finance, Legal and consulting partners across multiple teams. Summary of
Managing multiple projects with competing demands in a fast-paced, changing environment.
Outstanding written and verbal communications skills.
Concisely summarizing complex topics for senior leaders.
Communicating with individuals at all levels of the organization and maintaining professional composure.
Respectfully questioning or challenging the status quo or other proposals under consideration.
Excellent analytical, critical thinking and problem-solving skills.
Systematically breaking down complex problems into component parts.
Creating and delivering high quality work with attention to detail.
Quickly building relationships, gaining credibility, and partnering with leaders across the organization.