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Sr. Compensation Advisor - Executive Compensation - ServiceMaster Corporate - 690343 Job
Date: May 4, 2012
Location: Memphis, TN, US
Business Unit: ServiceMaster Corporate
Title: Sr. Compensation Advisor - Executive Compensation
Location: TN - Memphis
City: Memphis
State: TN
Postal Code: 38103
Functional Area: Corporate
Branch Number: 26
Requisition Number:690343
First Open Date: 12/05/2011
Post Date: 12/05/2011
Description: Position Overview
Assists in the development and administration of executive compensation and incentive pay procedures, practices, programs and related items, to include grade and salary structures, titling guidelines, salary ranges and merit process. Conducts compensation related surveys and studies, performs research, analyzes data, and monitors compensation trends, benchmarks and common practices. Reviews and analyzes publicly disclosed compensation data, including proxy data and information provided through 10-K and 8-K SEC filings. Makes recommendations to management on a position's base salary, as well as short and long term incentives. Develops recommendations and administers the Company’s equity program. Analyzes and reviews jobs, changes in jobs and related specifications and proposes compensation according to corporate policy, assuring internal and external equity. Assists Compensation Department Management in developing and implementing compensation programs including annual merit increases, Annual Bonus Plans and Day-to-Day compensation programs. Assists in developing compensation communications, and communicates programs, philosophy, information and plans. Assists with the development of required public disclosure documents, including the Compensation Discussion and Analysis, contained in the 10-K Annual Report. Assists with the development and distribution of ad hoc compensation reports off of HRIS system and other data. Provides timely and quality compensation information to HR generalists and managers, and answers employee questions as necessary. Provides research, analytical review, and other support to the compensation department as requested.
Responsibilities
- Studies and analyzes wage or salaried jobs and prepares descriptions in standardized form.
- Develops compensation recommendations for the Company’s executive population, including base salary, annual cash incentive and equity.
- Assists in the preparation of materials for the Compensation Committee.
- Assists in the preparation of required disclosure documents, including the Compensation Discussion and Analysis, 10-K, and 8-K.
- Assists in the development of compensation offers for prospective executives of the Company.
- Administers the Company’s equity program, recording stock awards, shares available and other Stock Incentive Plan related administration.
- Evaluates jobs using established evaluation systems, determines grades and prepares records on the validity of the evaluations.
- Conducts and/or participates in compensation surveys.
- Develops, recommends and writes job evaluation and compensation procedures.
- Assists in the administration of merit rating programs, reviewing changes in wages and salaries for conformance to policy.
- Audits evaluation of jobs and application of existing job classifications to individuals.
- Usually works with minimum supervision, conferring with superior on unusual matters.
- May be assisted by entry level or intermediate level analysts.
- Performs other duties and assumes accountabilities as apparent or as delegated, including mutually agreed upon objectives.
Competencies
- Building strategic working relationships
- Contributing to team success
- Communication
- Customer focus
- Decision making
- Managing work (including time management)
- Quality orientation
- Technical/professional knowledge and skills
- Adaptability
- Applied learning and initiating action.
Education and Experience Requirements
- BS/BA related discipline or equivalent experience and between 5 to 8 years experience, including 2+ years of Executive Compensation experience.
Knowledge, Skills, and Abilities
- Detailed understanding of requirements related to public disclosure of compensation actions.
- Understanding of the function and operation of company stock programs, including share authorization, overhang and annual burn rates.
- Detailed understanding and ability to interpret company proxy statements, annual reports and other public disclosure documents.
- Possess and applies general knowledge and skills in the completion of ongoing tasks & projects.
- Demonstrates some knowledge of organization’s business practices, issues faced, and problem resolution.
- Must be a proficient use of Microsoft Office (Word, Excel, PowerPoint)
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
EOE AA/M/F/D/V Drug Free Workplace
Title: Sr. Compensation Advisor - Executive Compensation
Location: TN - Memphis
City: Memphis
State: TN
Postal Code: 38103
Functional Area: Corporate
Branch Number: 26
Requisition Number:690343
First Open Date: 12/05/2011
Post Date: 12/05/2011
Description: Position Overview
Assists in the development and administration of executive compensation and incentive pay procedures, practices, programs and related items, to include grade and salary structures, titling guidelines, salary ranges and merit process. Conducts compensation related surveys and studies, performs research, analyzes data, and monitors compensation trends, benchmarks and common practices. Reviews and analyzes publicly disclosed compensation data, including proxy data and information provided through 10-K and 8-K SEC filings. Makes recommendations to management on a position's base salary, as well as short and long term incentives. Develops recommendations and administers the Company’s equity program. Analyzes and reviews jobs, changes in jobs and related specifications and proposes compensation according to corporate policy, assuring internal and external equity. Assists Compensation Department Management in developing and implementing compensation programs including annual merit increases, Annual Bonus Plans and Day-to-Day compensation programs. Assists in developing compensation communications, and communicates programs, philosophy, information and plans. Assists with the development of required public disclosure documents, including the Compensation Discussion and Analysis, contained in the 10-K Annual Report. Assists with the development and distribution of ad hoc compensation reports off of HRIS system and other data. Provides timely and quality compensation information to HR generalists and managers, and answers employee questions as necessary. Provides research, analytical review, and other support to the compensation department as requested.
Responsibilities
- Studies and analyzes wage or salaried jobs and prepares descriptions in standardized form.
- Develops compensation recommendations for the Company’s executive population, including base salary, annual cash incentive and equity.
- Assists in the preparation of materials for the Compensation Committee.
- Assists in the preparation of required disclosure documents, including the Compensation Discussion and Analysis, 10-K, and 8-K.
- Assists in the development of compensation offers for prospective executives of the Company.
- Administers the Company’s equity program, recording stock awards, shares available and other Stock Incentive Plan related administration.
- Evaluates jobs using established evaluation systems, determines grades and prepares records on the validity of the evaluations.
- Conducts and/or participates in compensation surveys.
- Develops, recommends and writes job evaluation and compensation procedures.
- Assists in the administration of merit rating programs, reviewing changes in wages and salaries for conformance to policy.
- Audits evaluation of jobs and application of existing job classifications to individuals.
- Usually works with minimum supervision, conferring with superior on unusual matters.
- May be assisted by entry level or intermediate level analysts.
- Performs other duties and assumes accountabilities as apparent or as delegated, including mutually agreed upon objectives.
Competencies
- Building strategic working relationships
- Contributing to team success
- Communication
- Customer focus
- Decision making
- Managing work (including time management)
- Quality orientation
- Technical/professional knowledge and skills
- Adaptability
- Applied learning and initiating action.
Education and Experience Requirements
- BS/BA related discipline or equivalent experience and between 5 to 8 years experience, including 2+ years of Executive Compensation experience.
Knowledge, Skills, and Abilities
- Detailed understanding of requirements related to public disclosure of compensation actions.
- Understanding of the function and operation of company stock programs, including share authorization, overhang and annual burn rates.
- Detailed understanding and ability to interpret company proxy statements, annual reports and other public disclosure documents.
- Possess and applies general knowledge and skills in the completion of ongoing tasks & projects.
- Demonstrates some knowledge of organization’s business practices, issues faced, and problem resolution.
- Must be a proficient use of Microsoft Office (Word, Excel, PowerPoint)
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
EOE AA/M/F/D/V Drug Free Workplace
Nearest Major Market: Memphis
Job Segments: Equity, Finance, Information Systems, Technology
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