This position is responsible for compensation and equity plan administration for Snap-on Inc. Works closely with Compensation & HRIS Manager on compliance issues, salary structure development, incentive payments, and merit processing. Administers company stock plans, including option and SAR exercises.
Evaluates the organization's jobs and requirements in job descriptions. Reviews and recommends salary grade assignments.
Administer equity processing, including processing grants, transactions, vesting, and exercises of option and SAR exercises. Work closely with broker on exercises.
Supports Compensation Manager in processing of long-term incentive plans and payments.
Audits compensation and equity programs to ensure accuracy.
Demonstrates excellent attention to detail and auditing skills through routinely reviewing statements, board materials, and awards processing.
Contributes organizational data to, and analyzes results of, compensation surveys.
Conducts market analysis of company jobs to determine competitive positioning of the organization's pay programs.
Participates in annual salary administration programs, including salary structure creation and maintenance and development of incentive or salary increase budgets.
Contributes to the administration of annual performance management, incentive, or salary increase programs. Works closely with Compensation Manager on annual management incentive payment and merit processing.
Analyses equity transaction data and ensures compliance with applicable securities - related regulations.
Reconciles stock plans and participant activity on a periodic basis with treasury, finance, and payroll.
Monitors compensation and equity compliance issues and keeps abreast of domestic and international tax laws. Work with consultants on annual review of international equity administration.
Responds to associate questions on compensation and equity plans. Referring complex issues to Manager.
Bachelor's degree in Business, Human Resources, Finance, or related field.
3+ years of professional Human Resources, Finance, and/or related business experience.
Strong problem solving and analysis skills
Business and financial acumen
Familiarity with compensation and equity plan administration preferred.
Excellent computer skills including MS Office, HR database applications, data reporting/query building (ADP-Enterprise, Tableau, EOWIN, etc.).
Strong analytical and Microsoft Excel skills.
Exceptional attention to detail
Analytical Thinking - breaks down complex problems or tasks to generate detailed plans
Financial Acumen - literate in financial concepts and reporting
Detail Orientation - concerned with ensuring the accuracy, quality, and orderliness or work and information
Technical Expertise - extensive or in-depth knowledge of HR, Compensation, or Stock Plan administration processes
Flexibility - adapts easily to change
Teamwork - works cooperatively with others
Conceptual Thinking - can apply concepts and principles to draw conclusions based on diverse information
Snap-on is an Equal Opportunity Employer, Minority/Female/Disabled/Veteran