Manager, Executive Compensation
LabcorpAbout the role
At Labcorp, you are part of a journey to accelerate life-changing healthcare breakthroughs and improve the delivery of care for all. You’ll be inspired to discover more, develop new skills and pursue career-building opportunities as we help solve some of today’s biggest health challenges around the world. Together, let’s embrace possibilities and change lives!
Reporting to the Director, Executive Compensation, the Manager, Executive Compensation provides support to Global Rewards Team on a variety of programs and projects with particular focus on executive compensation, Compensation Committee material development, equity planning and Employee Stock Purchase Plan (ESPP) administration. May also support sales and broad-based compensation programs as needed.
Who you are:
Thorough collaboration, communication, presentation, and interpersonal skills
Critical high-level attention to data integrity and accuracy
Advanced skills related to data gathering and manipulation for business analysis
Ability to effectively establish, manage, and leverage relationships with internal and external partners
Project management skills are essential
Advanced knowledge of Excel
Advanced PowerPoint skills required
HRIS skills highly preferred
Being cognizant of the urgency and time sensitivity related to executive compensation requests
Demonstration to problem solve and think outside-of-the-box / self-starter
Excellent analytical, organizational, communication skills
Capable of managing multi-task assignments simultaneously
Comfortable reading/writing internal business documents, policy statements, and process reviews
What you will do:
Support overall program management and administration of executive compensation
Collaborate with HR business partners and rewards leadership to review executive roles and recommend appropriate grade and pay level for new hires, promotions and retention reviews
Support material development for the Compensation and Human Capital Committee meetings
Conduct extensive research related to executive compensation market trends, including that available in publicly disclosed financial documents (proxy, 10-ks, 8-ks, etc.)
Oversee participation in third party market surveys for executive positions
Assist with the administration of the global compensation planning processes including merit, bonus, and equity
Administer global Employee Stock Purchase Plan (ESPP), including monitoring employee eligibility, purchase auditing and refund processing
Stay updated on industry trends and regulatory changes to support recommendations for program enhancements
Provide analytical support regarding ad hoc research and other related executive compensation projects
Demonstrate understanding of the requirements/data elements to create reports which streamline and support compensation programs
Conduct executive compensation M&A due diligence and support integration
Provide direction and oversight to junior staff
What we require:
Bachelors Degree or equivalent experience
3 years of executive compensation or related experience
Preferred Qualifications:
Executive Compensation Consulting company experience
Certified Executive Compensation Professional (World at Work certification) or similar designation preferred
Application Window: 4/25/2025
Pay Range: $115,000 - $130,000
The position is also eligible for an annual bonus under the Labcorp Bonus Plan. Bonuses are payable based on corporate and/or business segment performance and are subject to individual performance modifiers.
Benefits: Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(k), Paid Time Off (PTO) or Flexible Time Off (FTO), Tuition Reimbursement and Employee Stock Purchase Plan. Casual, PRN & Part Time employees regularly scheduled to work less than 20 hours are eligible to participate in the 401(k) Plan only. For more d
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