Confidential User
Email: **********@********.***
Address: Address Withheld
City: Gurnee
State: IL
Zip: 60031
Country: USA
Phone: 847-***-****
Skill Level: Director
Salary Range: $175,000
Primary Skills/Experience:
See Resume
Educational Background:
See Resume
Job History / Details:
WILLIAM J. BUHOLZER
1769 Deer Run Cell: 847-***-****
Gurnee, Illinois 60031 **********@********.***
COMPENSATION AND BENEFITS PROFESSIONAL
Blends extensive consulting and corporate experience to address and support critical human resources management objectives with a deep knowledge of global employee benefits and compensation practices. Excels in the design, development, and management of organization-wide base salary and incentive compensation plans, HR information systems, and broad-based employee benefit programs aligned with corporate goals and strategies.
Executive Compensation & Benefits Consultant Gurnee, IL 2012 - Present
An independent consultant to major corporations in the design, communication and implementation of Total Rewards programs.
Consulted with a $19 billion consumer food and beverage manufacturer:
* Consulted with Compensation team in the development and implementation of new executive compensation programs due to spin-off of organization from parent company.
* Developed materials and presentations for Compensation Committee of board of directors.
* Analyzed and constructed executive compensation communications.
* Developed presentation materials for introduction of new plans to the entire HR team. Included the introduction of broad-based employee stock purchase plan.
* Lead the implementation of new management stock purchase plan. Included working with third-party administrator to update enrollment processes for all deferred compensation plans.
Consulted with a $2 billion industrial manufacturer of highly engineered fluidics systems and components:
* Developed analysis of talent acquisition trends and turnover - used this information to assist client in developing new rewards and recognition programs to help with key talent retention.
* Provided direction on enhancements to HR systems for international population.
* Lead the development of total rewards statements for management population.
IDEX CORPORATION Lake Forest, IL 2005 - 2012
A $2 billion, multinational, manufacturer specializing in fluid and metering technologies, health and science fluidics components and sub-assemblies, and dispensing equipment serving high growth specialized markets.
Vice President Human Resources - Global Dispensing Segment 2010 - 2012
Provided leadership for all human resources functions supporting a $125 million division. Managed a 2-person staff. Reported to divisional leader.
Corporate Director - Compensation, Benefits and HRIS 2005 - 2010
Led global strategy and design, development, and communication of all compensation & benefit plans. Directed administration of incentive compensation plans including executive compensation plans. Managed a 4-person staff. Reported to Corporate Vice President of Human Resources.
Representative Accomplishments
* Directed the development of an Executive-level total compensation study and redesign of the long-term incentive (LTI) equity program. Improved executive pay alignment with marketplace practice and implemented needed modifications and expansion of the LTI plan payout structure and vesting provisions.
* Aligned corporate objectives with Executive incentive compensation programs by redesigning the annual Management Incentive Compensation Plan (MICP). Worked closely with CEO, CFO and VP-HR to update the plan`s performance criteria for both corporate and individual business unit goals. Presented recommendations to Compensation Committee of Board for approval.
* Directly supported M&A processes by analyzing the compensation, benefits, and related HR programs impact on the potential purchase or sale price. Collaborated with HR staff and M&A teams to ensure timely and efficient integration of acquired entity into the IDEX benefits and compensation structure.
WILLIAM J. BUHOLZER Page Two
* Enabled improved management of long-term pension costs by implementing a complete redesign of U.S.-based retirement plans, migrating the organization from a traditional defined benefit program to a defined contribution structure. Developed personalized employee statements and plan change communication materials.
* Developed and implemented new organizational structure for Dispensing division by collaborating with senior leadership on global operational restructuring efforts that instituted operating cost controls and improved productivity. This included working with the Commercial organization in restructuring their organization to address North American growth initiatives and emerging markets in Latin America.
* Led negotiation and implementation of a transition of all benefit administrative services from ADP to Aon, serving as the hands-on transition project leader for development of design specifications, communication materials, and training of all U.S. human resources management professionals.
* Reviewed, analyzed and redesigned Pension Schemes for UK operations, developing funding and administrative efficiencies.
* Negotiated vendor contracts to achieve financially favorable terms for IDEX. Developed a competitive RFP bidding process for a new performance management system, and negotiated a 7% reduction in administrative fees with a health care claims administrator.
* Key contributor to analysis and design of a new HR information management system on a hosted ADP system, enabling complete processing of U.S. payrolls as well as interface of HR data with 3rd party vendors for benefits and equity administration.
NORTHWESTERN MUTUAL Milwaukee, WI 1996 - 2004
A $23 billion, leading life insurance and financial services company with 160+ year history.
Director, Employee Benefits
Responsible for design and development, costing, implementation, administration, and communication of company-wide benefit and deferred compensation plans. Managed a 7-person staff. Reported to Vice President Human Resources.
Representative Accomplishments
* Oversaw administration of all employee benefits programs and managed an annual benefits budget that exceeded $130 million.
* Developed and presented to the corporate Board of Trustees a new Total Rewards concept that incorporated a strategic design for all the compensation and benefit programs.
* Managed administration of a defined benefit pension plan with more than $800 million in assets. Collaborated with investment managers to ensure that the asset allocation was aligned with a targeted asset mix. Analyzed and presented plan results to Trustees.
* Designed and administered various deferred compensation plans incorporating.
* Led a system implementation of a new PeopleSoft HRIS to replace an in-house mainframe system. Managed significant system upgrades including self-service applications.
ADDITIONAL EXPERIENCE
Earlier career experience includes Owner and President, WJB and Associates, Inc. (1994-1996), an employee benefits consulting firm specializing in design, market analysis, and costing of benefit plans. Served as Corporate Director, Employee Benefits for Mallinckrodt Group (1988-1994).
From 1978-1988, employed as Account Consultant with the William M. Mercer consulting firm. Began career as a Group Sales Representative with State Mutual Life Assurance Company.
EDUCATION
MBA St. Louis University, St. Louis, MO 1978
BBA University of Notre Dame, South Bend, IN 1975