Director / AVP, Total Rewards

Realty Income Corporation • San Diego, CA

2d • Hybrid

About The Position

Realty Income aims to be a globally recognized leader in the S&P 100, committed to creating long-term value for all stakeholders. These stakeholders include our dedicated team members, who embody our purpose: building enduring relationships and brighter financial futures. This guiding principle serves as a beacon for our team, influencing every action we take. Our employees consistently invest their time, commitment, and dedication into the company, and in turn, they receive investment returns in the form of purpose, belonging, and opportunities for advancement. We are committed to best-in-class corporate responsibility practices through environmental initiatives, governance programs, and community outreach projects. From the boardroom to the breakroom, our team members make a difference every day. Position Overview: The Director / AVP, Total Rewards is responsible for designing, implementing, and managing global compensation, executive compensation, equity, and benefits strategies that support the organization’s ability to attract, retain, and motivate top talent. This role oversees compensation benchmarking, salary structures, incentive programs, global benefits offerings, and compliance across multiple countries. The position partners closely with People Success, Recruiting, Finance, Legal, Payroll, and senior leadership to deliver strategic compensation recommendations, executive compensation support, equity program partnership, benefits analysis, and overall program administration aligned with Realty Income’s goals. The successful candidate will lead total rewards initiatives, provide executive advisory support, strengthen governance and controls, support Compensation Committee and Board-related activities, and help evolve the Company’s global compensation, executive compensation, equity, and benefits programs. This hybrid position is based in our San Diego (Del Mar area) headquarters. Monday through Thursday is in-office for collaboration, with the opportunity to work remotely on Friday.

Requirements

• Director level: 7+ years of progressive experience primarily in compensation and secondarily in benefits, with demonstrated ownership of compensation strategy, benchmarking, pay equity, and total rewards program administration in a complex environment.
• AVP level: 10+ years of progressive total rewards experience with sustained ownership of compensation strategy, executive compensation support, equity / stock program partnership, global rewards programs, and organizational leadership.
• Direct experience supporting broad-based compensation strategy, including market pricing, annual compensation processes, salary structures, incentive programs, and compensation-related decision support for business leaders.
• Working knowledge of executive compensation and equity / stock compensation programs, including long-term incentives and partnership with Legal, Finance, Payroll, and executive stakeholders in a public-company or similarly regulated environment.
• Experience with global compensation practices, including salary structures, market benchmarking, and pay analysis across multiple geographies.
• Strong knowledge of compensation design, salary surveys, market pricing methodologies, FLSA, and pay equity regulations.
• Working knowledge of benefits programs, including healthcare, retirement, welfare, and leave administration, with the ability to oversee benefits strategy, vendor partnerships, and compliance.
• Demonstrated ability to operate in a highly regulated, deadline-driven environment with strong analytical and decision-making capabilities.
• Strong analytical skills, including data modeling, statistical analysis, compensation analysis, and advanced Excel.
• Proven ability to partner cross-functionally with People Success Business Partners, Recruiting, Finance/Accounting, Legal, Payroll, and external consultants and vendors.
• Strong written and verbal communication skills, including the ability to explain complex compensation, equity, and total rewards concepts clearly to leaders and employees.
• Demonstrated leadership of teams and enterprise-level compensation and benefits initiatives across geographies.
• Strong executive presence with the ability to advise senior leadership on compensation strategy, executive compensation, pay equity, workforce analytics, and organizational trade-offs.
• Ability to lead through ambiguity, operate independently, and drive strategic outcomes without explicit direction.

Nice To Haves

• Professional certifications such as CCP, GRP, CEBS, or similar.
• International compensation and benefits experience, including UK and broader European markets.
• In-house total rewards experience with accountability for execution, governance, and program outcomes.
• Experience supporting executive compensation, long-term incentives, and equity / stock compensation planning in a public-company or similarly complex environment.
• Experience working with compensation systems and HRIS tools such as Workday and MarketPay.
• Experience partnering with external compensation consultants, brokers, and vendors to support program effectiveness and data accuracy.

Responsibilities

• Lead, coach, and develop a team of compensation and benefits professionals.
• Partner with global People Success Business Partners and regional leaders to support local needs while maintaining global alignment.
• Provide insights and education to senior leadership on compensation trends, pay equity, and workforce analytics.
• Partner with People Success and leadership on total rewards packages and communications strategies that support talent attraction, retention, and employee understanding of total rewards programs.
• Manage and collaborate with vendors and external partners, including contract performance, to ensure strong service delivery and program support.
• Translate business strategy into meaningful compensation and total rewards programs through consultative and analytical partnership.
• Evaluate the compensation and benefits landscape through benchmarking, industry research, employment trends, legislation, and market developments, and make recommendations based on best practices.
• Determine and implement metrics that assess and monitor the effectiveness of ongoing total rewards programs and new initiatives.
• Develop and execute global compensation strategies, including base pay, variable pay, incentives, and equity programs.
• Analyze compensation policies, practices, and procedures, and recommend operational revisions and design enhancements.
• Oversee the design and administration of job architectures, salary structures, and merit planning across international regions.
• Apply best-practice compensation principles to provide customized, enterprise-aligned compensation solutions designed to support business, team, and leadership strategies.
• Oversee and perform market pricing and data analysis to provide compensation recommendations to People Success leadership and conduct regular market benchmarking and compensation surveys globally to ensure competitiveness.
• Perform research, analysis, and modeling for compensation budget planning.
• Partner with People Success Business Partners and Recruiting to provide data supporting promotions, transfers, job offers, and retention decisions.
• Support executive compensation planning, including preparation of materials for Compensation Committee meetings.
• Perform annual compensation risk assessments on non-executive compensation programs.
• Support annual Board updates related to compensation and health and welfare programs.
• Partner on equity-related compensation matters, including long-term incentive planning, executive equity support, equity program governance, and cross-functional coordination with Legal, Finance, Payroll, and other key stakeholders.
• Evaluate roles for FLSA status.
• Collaborate with external compensation consultants to ensure timely and accurate market data and maintenance of the compensation database.
• Oversee and perform annual pay equity analyses compliant with California statute and other federal and state guidelines; perform UK and pan-European pay analyses when needed.
• Keep apprised of federal, state, local, UK, and international compensation laws and regulations, as well as industry trends and best practices, to ensure the Company complies with reporting requirements and global mobility considerations.
• Maintain strong governance, controls, documentation, and compliance practices across compensation, executive compensation, equity, and total rewards processes.
• Design and manage international benefits programs, including healthcare, retirement, wellness, life/disability insurance, and leave programs tailored to local markets.
• Evaluate and optimize current benefits offerings to align with workforce needs and budget parameters.
• Partner with global brokers and vendors to manage benefits administration, renewals, and cost optimization.
• Oversee ACA reporting and stay current on regulatory changes affecting benefit plans to ensure Company benefit plans and practices remain compliant.
• Manage and assess the effectiveness of current programs in achieving organizational objectives.
• Ensure compliance with applicable government regulations, plan audits, and required notices.
• Track and manage growing global employee leaves.

Benefits

• We offer a best-in-class benefits package that includes healthcare, dental, and vision insurance for employees and eligible dependents.
• Our 401(k)-retirement plan has a company match of 50% up to 6% of eligible compensation.
• Realty Income also offers other wellness, financial, and work/lifestyle-specific benefits, along with a generous PTO accrual; in addition to 12 paid holidays, and paid volunteer time.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed
• Number of Employees: 101-250 employees