What are the responsibilities and job description for the Sr Director Executive Compensation position at Lumen?
Lumen connects the world. We are igniting business growth by connecting people, data, and applications – quickly, securely, and effortlessly. Together, we are building a culture and company from the people up – committed to teamwork, trust, and transparency. People power progress.
Lumen’s commitment to workplace inclusion and employee support shines bright. We’ve made the Newsweek 2024 Greatest Workplaces for Diversity list and achieved a perfect score of 100 on the Human Rights Campaign Corporate Equality Index (CEI) for the fifth consecutive year. Plus, we’re the top employer in the communications and telecom industry, ranking 12th overall across all industries in The American Opportunity Index.
We’re looking for top-tier talent and offer the flexibility you need to thrive and deliver lasting impact. Join us as we digitally connect the world and shape the future.
The Role
The Sr Director of Executive Compensation will manage the development, implementation, and administration of executive compensation strategies and programs, including short- and long-term incentives, stock-based compensation, and executive benefits. The individual will work closely with Executive and Global Compensation teams, SVP of Total Rewards, Chief People Officer, the Human Resources & Compensation Committee, and external advisors to ensure the executive compensation framework attracts, retains, and motivates top-tier talent while complying with SEC regulations, shareholder interests, and best governance practices.
Location
This role has been designated as fully remote, US.
The Main Responsibilities
- Develop, analyze and execute the competitive total compensation programs for our CEO, Senior Leadership Team, and Board of Directors that support the Company’s objectives to attract, retain and reward employees. Competitive total compensation programs include on-boarding, ongoing and off-boarding pay packages, base pay, short-term incentive, long-term incentive, equity awards, retention programs, and severance plans, as well as any other programs and benefits related to executives.
- Lead the design and implementation of incentive plans that motivate executives to achieve goals that align with business objectives and shareholder value creation, including the decision-making process regarding the implementation of new and / or modification of existing programs.
- Oversee the administration of our global stock-based compensation programs, including time-based and performance-based equity plans, share calculation, vesting schedules, award agreements, and equity plan governance to include share pool, burn rate, overhang, and dilution.
- Conduct ongoing competitive analyses of executive compensation programs and pay components by benchmarking against industry peers and best practices, participation in third-party or custom surveys.
- Prepare and provide support for all materials for the Human Resources & Compensation Committee requests and meetings.
- Lead the preparation of the executive compensation sections of the proxy statement, including CD&A and proxy tables, and collaborate with legal, investor relations, and key stakeholders on shareholder engagement.
- Lead the development and analysis so management can make informed decisions for all retention requests. Manage the accuracy of data and ensure communications meet all legal requirements.
- Oversee the design and administration of executive benefits, including deferred compensation plans and perquisites.
- Manage relationships with external consultants, advisors, and proxy advisory firms to ensure alignment with compensation strategy and governance trends.
- Provide support to the VP of Executive Compensation and executive compensation team. Work with internal stakeholders, including our C-suite, Chief People Officer, SVP of Total Rewards, and Chair of the Human Resources & Compensation Committee.
What We Look For in a Candidate
Compensation
This information reflects the anticipated base salary range for this position based on current national data. Minimums and maximums may vary based on location. Individual pay is based on skills, experience, and other relevant factors.
Location Based Pay Ranges :
Lumen offers a comprehensive package featuring a broad range of Health, Life, Voluntary Lifestyle benefits, and other perks that enhance your physical, mental, emotional, and financial wellbeing. We're able to answer any additional questions you may have about our bonus structure (short-term incentives, long-term incentives, and / or sales compensation) as you move through the selection process.
Disclaimer
The job responsibilities described above indicate the general nature and level of work performed by employees within this classification. It is not intended to include a comprehensive inventory of all duties and responsibilities for this job. Job duties and responsibilities are subject to change based on evolving business needs and conditions.
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Salary : $171,447 - $228,596
