About 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 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 motivates executives to achieve goals that align with business objectives and shareholder value creation, including the decision-making process regarding 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, 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 decision for all retention requests. Manage 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
- 12+ years of experience in executive compensation, or combined global and executive compensation experience, at a publicly traded company.
- Bachelor’s degree in Human Resources, Business Administration, Accounting, Finance, or related field. MBA, CPA, or CCP certification preferred.
- Deep understanding of SEC regulations and disclosure requirements (including proxy, CD&A, say-on-pay, Section 16), tax regulations (including Section 162(m), 280G and Section 409A).
- High level of integrity, discretion and professionalism in handling confidential information.
- Proven ability to analyze complex problems, synthesize different data and viewpoints, multi-task, effectively prioritize tasks and meet deadlines.
- Self-starter with a focus on attention to detail and accuracy and delivering high quality work.
- Excellent modeling skills to predict the current and future impact for executive compensation decisions and pay practices.
- Outstanding presence, communication and interpersonal skills with the ability to influence stakeholders at all levels.
Legal Statements
In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.
Compensation
The starting salary for this role differs based on the employee's primary work location. Employees typically do not start at the top of the range, though compensation depends on each individual's qualifications.
Location Based Pay Ranges
$128,310 - $171,080 in these states: AR ID KY LA ME MS NE SC SD
$135,060 - $180,080 in these states: AL AZ FL GA IA IN KS MO MT ND NM OH OK PA TN UT VT WI WV WY
$141,820 - $189,090 in these states: CO HI MI MN NC NH NV OR RI
$148,570 - $198,090 in these states: AK CA CT DC DE IL MA MD NJ NY TX VA WA
As with the pay range variety that's based on the region of a country, specific offers are determined by various factors such as experience, education, skills, certifications and other business needs.
Requisition #: 335544
Background Screening
If you are selected for a position, there will be a background screen, which may include checks for criminal records and/or motor vehicle reports and/or drug screening, depending on the position requirements. For more information on these checks, please refer to the Post Offer section of our FAQ page. Job-related concerns identified during the background screening may disqualify you from the new position or your current role. Background results will be evaluated on a case-by-case basis.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Equal Employment Opportunities
We are committed to providing equal employment opportunities to all persons regardless of race, color, ancestry, citizenship, national origin, religion, veteran status, disability, genetic characteristic or information, age, gender, sexual orientation, gender identity, gender expression, marital status, family status, pregnancy, or other legally protected status (collectively, “protected statuses”). We do not tolerate unlawful discrimination in any employment decisions, including recruiting, hiring, compensation, promotion, benefits, discipline, termination, job assignments or training.
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.
Salary Range
Salary Min
128310
Salary Max
198090
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.
This position is eligible for either short-term incentives or sales compensation. Director and VP positions also are eligible for long-term incentive. To learn more about our bonus structure, you can view additional information here. We're able to answer any additional questions you may have as you move through the selection process.
As part of our comprehensive benefits package, Lumen offers a broad range of Health, Life, Voluntary Lifestyle and other benefits and perks that enhance your physical, mental, emotional and financial wellbeing. You can learn more by clicking here.
Please be advised that Lumen does not require any form of payment from job applicants during the recruitment process. All legitimate job openings will be posted on our official website or communicated through official company email addresses. If you encounter any job offers that request payment in exchange for employment at Lumen, they are not for employment with us, but may relate to another company with a similar name.
Note: For union-represented postings, wage rates and ranges are governed by applicable collective bargaining agreement provisions.
Application Deadline
11/05/2024
