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Senior Manager, Executive Compensation
Ball CorporationWestminster, United Statesfull_timeVerifiedPosted 30 Aug 2024
💰 $106,100/yr
About the role
Further your career at Ball, a world leader in manufacturing sustainable aluminum packaging. Achieve extraordinary things when you join our team, and make a difference in your professional development, the community, and around the globe!
Ball is thrilled to receive Newsweek's 2023 Top 100 Global Most Loved Workplace award! As a sustainable product leader, we have over 16,000 global team members. From endlessly recyclable aluminum cans, and cups, to aerosol bottles, our goal is to contribute to a better community, society, and world.
Primary Purpose of this Position:
The Manager, Executive Compensation plays a pivotal role in the design, administration, and management of executive compensation programs at Ball Corporation. This position is responsible for ensuring our executive compensation packages are competitive, equitable, and align with the company's strategic objectives. The ideal candidate will bring expertise in executive compensation, a strategic mindset, and a collaborative spirit to our Total Rewards team.
What will you be responsible for?
- Lead the design, implementation, and administration of executive compensation programs, including short-term incentives, long-term incentives, equity plans, and executive benefits, in partnership with the Total Rewards Leadership Team.
- CD&A Development and Oversight Accountability:
- Strategic Narrative Creation: Craft a compelling and transparent narrative for the CD&A that outlines the philosophy, objectives, and mechanics of the executive compensation programs. This narrative should clearly articulate how executive pay is linked to company performance, strategy, and shareholder value creation.
- Collaboration and Data Integration: Work closely with various departments such as HR, finance, legal, and investor relations to gather comprehensive data and insights. This collaboration ensures the CD&A reflects a holistic view of executive compensation, including performance metrics, compensation decisions, and future outlooks.
- Compliance and Best Practices: Ensure the CD&A meets all regulatory requirements set forth by the SEC and follows industry best practices for disclosure. This includes keeping abreast of regulatory changes, peer company practices, and shareholder advisory firm guidelines to continually enhance the quality and effectiveness of disclosures.
- Stakeholder Engagement: Engage with internal and external stakeholders, including the Compensation Committee, executives, and potentially shareholders, to gather feedback and address concerns related to executive compensation. This engagement should inform the development of the CD&A and help align the document with stakeholder expectations.
- Continuous Improvement: Utilize feedback from stakeholders, performance outcomes, and market trends to continually refine and improve the executive compensation strategy and its presentation in the CD&A. This involves not only post-disclosure analysis but also ongoing monitoring of the effectiveness of compensation programs and their alignment with company goals.
- Conduct benchmarking studies and analysis to ensure our executive compensation programs are competitive and comply with corporate governance and regulatory requirements.
- Prepare materials for the Compensation Committee of the Board of Directors, including program proposals, competitive analysis, and program updates.
- Manage the communication strategy for executive compensation, ensuring clear and effective messaging to program participants and stakeholders.
- Oversee compliance with applicable regulations and governance standards, including SEC filings and disclosures related to executive compensation.
- Provide guidance and support for executive compensation-related queries from executives and HR business partners.
What are we looking for?
- Minimum of a Bachelor’s Degree in Business Administration
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