What are the responsibilities and job description for the Director, Executive Compensation position at PTC?
Our world is transforming, and PTC is leading the way.Our software brings the physical and digital worlds together, enabling companies to improve operations, create better products, and empower people in all aspects of their business.
Our people make all the difference in our success. Today, we are a global team of nearly 7,000 and our main objective is to create opportunities for our team members to explore, learn, and grow - all while seeing their ideas come to life and celebrating the differences that make us who we are and the work we do possible.
Position Overview:
The Director of Executive Compensation will lead the design, implementation, and management of executive compensation programs and oversee the analysis and Compensation Committee materials. This role requires cross-functional collaboration with legal, finance, and executive leadership to ensure competitive and compliant compensation strategies that align with the company's long-term business objectives. In this role, you will support our executive and senior leaders globally through their compensation journey at PTC
Key Responsibilities:
Executive Compensation Strategy & Design:
Develop and implement comprehensive executive compensation strategies, including base salary, short-term and long-term incentive plans, aligned with the company's business objectives.
Ensure competitiveness by benchmarking compensation practices against industry standards and advising on trends in executive compensation within the software/tech industry.
Board & Compensation Committee:
Prepare materials and presentations for the Compensation Committee and Board of Directors, providing recommendations and insights on compensation practices.
Lead and prepare the CD&A and partner with stakeholders.
Act as the primary point of contact for executive compensation matters.
Legal & Regulatory Compliance:
Ensure that all compensation programs are compliant with relevant regulatory and legal requirements, including SEC filings, tax laws, and other industry-specific regulations.
Collaborate with legal partners to stay up to date on evolving legislation affecting executive and general pay practices.
Partnership with Finance:
Work closely with the finance team to model and forecast executive compensation costs and impacts on financial performance.
Partner with finance to analyze the financial implications of compensation strategies, including equity dilution and financial reporting requirements.
Leadership & Development:
As an individual contributor, you will have the ability to work closely and collaboratively on a high-performing team.
Stakeholder Collaboration:
Partner with HR, legal, and finance to ensure smooth execution and communication of compensation programs across the organization.
Lead compensation surveys and market analysis to drive insights for the executive team and shareholders.
Compensation Policy Management:
Oversee the administration of executive and broad-based compensation programs, including equity management, vesting schedules, and performance tracking.
Provide ongoing education to the executive team regarding compensation structures and compliance.
Qualifications:
Bachelor's degree in finance, business, or a related field; advanced degree or certifications in compensation (CCP, CEP) are preferred.
10 years of experience in executive compensation, ideally within enterprise software or technology companies. 5 in progressive leadership roles.
Proven experience interacting with executive leadership and preparing board level materials for the compensation committees.
Strong knowledge of executive compensation regulations, including SEC filings, proxy statements, and tax considerations.
Excellent financial modeling and analytical skills.
Outstanding written and verbal communication skills, with the ability to present complex information clearly and persuasively to senior leadership and board members.
Life at PTC is about more than working with today's most cutting-edge technologies to transform the physical world. It's about showing up as you are and working alongside some of today's most talented industry leaders to transform the world around you.
If you share our passion for problem-solving through innovation, you'll likely become just as passionate about the PTC experience as we are. Are you ready to explore your next career move with us?
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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
