Executive Compensation Consultant

American Electric Power • Columbus, OH

3d • $96,110 - $172,331

About The Position

The Executive Compensation Consultant will play a key role in designing, implementing, and communicating executive compensation programs that align with the company’s strategic objectives and regulatory requirements.

Requirements

• Bachelor's degree in Business Administration, Human Resource Management, or Industrial Management.
• Minimum of 2 years of Compensation experience as part of 5 years of progressive experience in executive compensation, equity awards, incentive plan design, or 2 years of compensation experience as part of 5 years in a field that requires strong analytical and written communications skills.

Nice To Haves

• Certified Compensation and/or Benefits designation preferred.
• Master's degree preferred
• Strong communication skills, both verbal and written with all levels of management.
• Ability to apply analytical, problem solving and influencing skills, while developing a deep technical expertise in executive and stock compensation.
• Strong business & financial acumen, exhibiting an ability to understand business needs and talent implications of compensation.
• Ability to identify and analyze issues, develop solutions, and make sound dependable decisions.
• Ability to work and manage multiple tasks and adjust priorities quickly.
• Ability to maintain effective relationships with vendors such as salary survey providers, compensation consultants, and stock plan administrators.
• Strong sense of urgency and attention to detail.
• High discretion with confidential information.
• Experience building strong & effective cross cultural & cross functional relationships.

Responsibilities

• Support the development and administration of executive compensation and incentive programs, including base salary, annual incentives, and long-term incentives.
• Assist in drafting regulatory testimony and responding to data requests related to compensation programs.
• Evaluate design alternatives and recommend solutions that align with the company’s executive compensation philosophy.
• Collaborate on drafting compensation-related disclosures for the annual proxy statement.
• Prepare and present recommendations to senior leadership on programs that drive attraction and retention of key talent.
• Lead market analyses to ensure competitive executive compensation practices.
• Provide expertise on executive and stock compensation issues to business leaders and HR teams.
• Assess new or revised executive roles to determine appropriate job grades and salary ranges.
• Stay current on legal and regulatory changes impacting executive and stock compensation; recommend adjustments as needed.
• Assist in preparing plans, analyses, and presentation materials for the HR Committee of the Board of Directors (Compensation Committee).
• Oversee administration and execution of stock plans.

Benefits

• In addition to a competitive compensation, AEP offers a unique comprehensive benefits package that aims to support and enhance the overall well-being of our employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees