Senior Manager, Executive Compensation

Labcorp•Durham, NC

9d•$130,000 - $150,000•Hybrid

About The Position

Labcorp is seeking a remote Senior Manager, Executive Compensation to join their team. Applicants who live within 35 miles of either the Burlington, NC or Durham, NC location will follow a hybrid schedule, including a minimum of three in-office days per week and two days working remotely. This role supports and contributes to the overall program management and administration of executive compensation, ensuring consistent execution and alignment with company strategy and pay philosophy. The position involves partnering closely with HR Business Partners and Rewards leadership to review executive roles and responsibilities, recommend appropriate job grades and pay positioning, and lead equity planning operations. It also includes managing off-cycle equity planning, developing materials for Compensation and Human Capital Committee meetings, conducting research on market trends, and overseeing participation in executive compensation surveys. The role independently leads key components of global compensation planning cycles and administers the global Employee Stock Purchase Plan (ESPP). The Senior Manager will stay current on industry trends and regulatory changes, research and develop executive compensation proposals, and provide analytical support for ad hoc projects. Additionally, the role involves demonstrating a strong understanding of executive compensation data requirements, conducting M&A due diligence, and providing guidance to junior team members, with potential for direct people management responsibilities.

Requirements

Bachelors degree with 5 or more years of executive compensation experience OR Bachelors degree with 8 years of broad based compensation experience with exposure to executive compensation
Advanced skills related to data gathering and manipulation for business analysis
Ability to effectively establish, manage, and leverage relationships with internal and external partners
Project management skills are essential
Advanced knowledge of Excel
Advanced PowerPoint skills required
Demonstrated HRIS skills
Being cognizant of the urgency and time sensitivity related to executive compensation requests
Demonstration to problem solve and think outside-of-the-box / self-starter
Strong analytical, organizational, and communication skills
Capable of managing multi-task assignments simultaneously
Comfortable reading/writing internal business documents, policy statements, financial documents (10ks and proxy statements) and process reviews

Nice To Haves

Certified Executive Compensation Professional (World at Work certification) or similar designation preferred
1 or more years of Executive Compensation Consulting company experience
Experience in a global public company
Well-developed executive compensation expertise
Strong collaboration, communication, presentation, and interpersonal skills
Strong business consultation skills
Critical high-level attention to data integrity and accuracy

Responsibilities

Support and contribute to the overall program management and administration of executive compensation, ensuring consistent execution and alignment with company strategy and pay philosophy.
Partner closely with HR Business Partners and Rewards leadership to review executive roles and responsibilities across complex organizations and recommend appropriate job grade and pay positioning for new hires, promotions, and retention reviews.
Lead equity planning operations, including cost modeling, execution of workday planning tool, analysis of year-over-year costing and calibration reports.
Manage the intake, evaluation, and execution of off‑cycle equity planning and solicitations, including retention, sign‑on, make‑whole, and special equity awards; ensure requests are well‑supported and aligned with internal equity and approval authorities.
Lead development of executive compensation materials for Compensation and Human Capital Committee meetings, including research, analyses, benchmarking, and reports.
Conduct in‑depth research and analysis related to executive compensation market trends, leveraging publicly disclosed financial documents such as proxies, 10‑Ks, and 8‑Ks, as well as external survey data.
Oversee participation in third‑party executive compensation surveys, including job matching, data submission, validation, and interpretation of results.
Independently lead and orchestrate key components of global compensation planning cycles, including merit, annual incentive, and long‑term equity programs, ensuring alignment with pay‑for‑performance philosophy, governance requirements, and business objectives.
Administer the global Employee Stock Purchase Plan (ESPP), including monitoring employee eligibility, supporting purchase audits, and overseeing refund processing.
Stay current on industry trends, governance developments, and regulatory changes, translating insights into recommendations for executive compensation program enhancements and process improvements.
Research and develop executive compensation proposals such as retention plans, equity modeling and other compensation trends.
Lead analytical support regarding ad hoc research and other related executive compensation projects.
Demonstrate strong understanding of executive compensation data requirements and reporting needs, identifying and developing streamlined processes, reports and tools that support decision‑making and program administration.
Conduct executive compensation M&A due diligence and support integration.
Provide guidance and oversight to junior team members, with opportunity for direct people management responsibilities.