Executive Compensation Principal

Lennox International • Richardson, TX

7d

About The Position

The individual in this role will be responsible for the full scope of activities associated with the development and administration of executive compensation programs. This role requires extensive experience to lead the administration of specific compensation programs for bonus, commissions, stock, or base salary. The position involves formulating recommendations for long-range compensation and benefit objectives, considering corporate growth, manpower, financial resources, legal considerations, and competitive market positions. It also includes preparing recommendations and special studies on salary structures, incentive compensation, bonus plans, sales compensation, stock options, and similar complex programs. The role investigates and recommends resolutions for classification questions and FLSA exemptions, acts as an internal staff consultant on compensation matters, and provides work leadership to other Compensation Analysts. There is a possibility of developing department policies and procedures and participating in compensation surveys to analyze the company's competitive position.

Requirements

• Requires a bachelor's degree or an equivalent combination of education and experience.
• Requires at least 10 years related experience.
• Advanced working and practical knowledge of a wide variety of compensation techniques, theory, practices, methods, programs and plans including regulatory requirements, incentive compensation, equity participation programs, retirement/pension funding and similar complex compensation subjects.
• A strong working knowledge of HRIS systems (SAP) and Microsoft Office technical skills.
• Must have excellent written and verbal skills.

Responsibilities

• Leads administration of specific compensation programs for bonus, commissions, stock or base salary.
• Formulates recommendations in the development of long-range compensation and benefit objectives considering such factors as corporate growth objectives, manpower requirements, financial resources and restraints, legal considerations and competitive market positions.
• Prepares recommendations and special studies on subjects such as salary structures, incentive compensation, bonus plans, sales compensation, stock options and similar complex programs.
• Investigates and recommends resolution on classification questions and FLSA exemptions.
• Acts as internal staff consultant for line and staff management on compensation matters.
• Provides work leadership to other Compensation Analysts.
• May develop department policies and procedures.
• May participate in a variety of compensation surveys to collect and analyze information on the company's competitive position.

Benefits

• tuition reimbursement
• medical, dental, and vision insurance
• prescription drug coverage
• 401(k) retirement plan
• short-term disability insurance
• 8 weeks paid birthing leave
• 2 weeks paid bonding leave
• life and long-term disability insurance
• 12 days paid time off
• 2 paid well-being days
• 1 paid volunteer day
• 12 paid holidays
• 3 floating holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Executive