Senior Executive Compensation Consultant
This position provides direct support to senior leadership, and prepares material for the Compensation and Talent Development Committee for their review and approval of the compensation programs. This position is part of the larger Southern Company’s Compensation Team. This position is a key resource to execute the Southern Company’s compensation philosophy. The position will focus on the design and management of the executive compensation programs, as well as short-term and long-term incentive programs for all employees. The position will analyze emerging issues and coordinate with internal and external partners to develop solutions and/or innovations for our compensation programs.
The mission for our Total Rewards team is to collaborate to improve the lives of our employees and retirees through strategically optimizing human capital (employee experience). This position will contribute to the mission with their engagement, analysis, and strategic perspective.
Job Responsibilities
Prepare analysis and presentations for the Board’s Compensation and Talent Development Committee clearly identifying alternatives, financial implications, risks, and key decision points; coordinate inputs and reviews with Legal, Finance, Accounting, and other stakeholders. Evaluate executive compensation market practices, trends, and assess regulatory, legislative, and shareholder developments; identify implications for compensation strategy and design
Develop and coordinate the annual Compensation Discussion & Analysis and related executive compensation tables; coordinate supporting analyses, data validation, and cross-functional review
Partner to evaluate and design executive compensation and broad-based short- and long-term incentives; benchmark programs; conduct market benchmarking and model incentive outcomes and alternative designs to inform recommendations
Conduct pay-for-performance analyses to evaluate the relationship between executive compensation outcomes and company performance.
Support the preparation and validation of annual Total Rewards Statements for Executives
Partner with HR Delivery and other Total Rewards teams to research and resolve executive’s compensation questions and concerns
Build effective cross-functional relationships and coordinate assigned projects, deliverables, and timelines with internal partners and external advisers
Support equity and short-term incentive plan governance and administration, including documentation, data reconciliation, and coordination of reviews, and approvals
Research compensation-related accounting, tax, securities law, and governance issues; partner with subject-matter specialists to assess program implications
Streamline executive compensation processes, reporting, and documentation through standardization and appropriate automation; maintain while maintaining confidentiality, data accuracy, and effective controls
Job Requirements
Experience
Knowledge / Skills
Behavioral Attributes
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