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Sr. Director, Executive Compensation

at Fortrea

On-site

Responsibilities

  • 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 2 resources 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. Minimum of 8 years of functional

Experience

  • Minimum of 3 years of people management experience.

Benefits

  • Job Overview: The Sr. 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 and 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: $200,000-$220,000 (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.

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