Executive Compensation Advisor

Executive Compensation Advisor

Requirements

• Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources
• Knowledge of laws, legal codes, precedents, government regulations, executive orders, agency rules
• Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems
• Skilled in collecting, organizing, visualizing, and assimilating data, including turning raw data into meaningful information using data-oriented programming languages and visualization software
• Skilled in identifying complex problems and reviewing related information to develop and evaluate options and implement solutions
• Skilled in using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems
• Ability to apply general rules to specific problems to produce answers that make sense
• Ability to combine pieces of information to form general rules or conclusions (including finding a relationship among unrelated events)
• Expert level experience, expansive and far reaching knowledge in: Compensation plans, executive compensation and SEC reporting, long term incentive plan administration, taxation of current and deferred executive compensation

Responsibilities

• Manage the analysis and administration of Companywide short-term incentive programs by creating models and forecasts; calculating quarterly accruals and annual payouts; and preparing plan documentation, summaries, and statements
• Prepare Compensation Committee materials for Senior Management including, but not limited to, agendas, calendars, presentations, analyses, and recommendations
• Collaborate with Legal, Financial Reporting and Internal Audit departments on all matters related to Proxy reporting and Compensation Committee governance
• Execute all transactions for stock plan administration between the Company and the external record keeper. Maintain documentation and ongoing analysis of stock plan reserves and in cooperation with Legal, make appropriate recommendations as to Plan authorized limits. Manage relationship with external record keeper to ensure alignment with communication and engagement activities for equity plan participants.
• Review and analysis of materials prepared by External Executive Compensation Consultant
• Develop, enhance, and maintain the design, operation, administration, and governance of Southwest’s executive compensation programs
• Develop and deliver regular executive communication and education that provides valuable insight into compensation initiatives, status of incentive compensation plans, and dependencies of compensation on Company performance
• Counsel new SMC executives on all elements of executive compensation
• Draft and distribute communication of compensation messaging and announcements regarding annual salary and merit planning, routine compensation analyses, incentive programs, and other compensation related content
• Conduct analysis of external market data to support compensation practices and recommendations for executive remuneration
• Initiate and develop strong business relationships throughout the organization to consult on program initiatives, gain insight and identify opportunities for education and engagement with executives
• Keep informed of trends in executive compensation and advise Senior Leadership as needed on marketplace and regulatory developments and their applicability to ensure competitive market positioning in line with marketplace trends and internal budgetary consideration

Preferred Qualifications

No preferred qualifications provided.