Executive Compensation Consultant
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.
What You'll Do
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.
What We're Looking For
Bachelor's degree in Business Administration, Human Resource Management, or Industrial Management. Master's degree preferred.
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.
Preferred Qualifications
Certified Compensation and/or Benefits designation 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.
What You'll Get
Base Salary (SG8-SG9) from $100,000.00-$150,000.00/year. 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.
Compensation Data
Compensation Grade: SP20-008
Compensation Range: $96,110.00 - $172,331.00
The Physical Demand Level for this job is: S Sedentary Work: Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time.
It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects of the employer-employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.