Global Total Rewards Specialist, Executive Compensation

Company Description

Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company that provides branding and information labeling solutions, including pressure-sensitive materials, radio-frequency identification (RFID) inlays and tags, and a variety of converted products and solutions. The company designs and manufactures a wide range of labeling and functional materials that enhance branded packaging, carry or display information that connects the physical and the digital, and improve customers’ product performance. The company serves an array of industries worldwide, including home and personal care, apparel, e-commerce, logistics, food and grocery, pharmaceuticals and automotive. The company employs approximately 36,000 employees in more than 50 countries. Reported sales in 2022 were $9.0 billion. Learn more at www.averydennison.com.

At Avery Dennison, some of the great benefits we provide are:

• Health & Wellness benefits starting on day 1 of employment
• Paid parental leave
• 401K eligibility
• Tuition reimbursement
• Flexible work arrangements
• Employee Assistance Program eligibility / Health Advocate
• Paid vacation and Paid holidays

Avery Dennison is an Equal Opportunity and Affirmative Action Employer.

Job Description

Avery Dennison is seeking a Global Total Rewards Specialist, Executive Compensation. Reporting to the Sr. Consultant, Executive Compensation, completes key deliverables that support the design, decisions, maintenance and evolution of the company’s global executive compensation program, including base salary philosophy, short and long term incentive plans. This position will work closely with Legal, Finance and HR Leadership coordinating the global executive compensation programs.

Job Responsibilities

• Support the design, development, and implementation of executive compensation programs and policies. Supporting the strategic assessment of program effectiveness and modeling of potential program changes.
• Supports the management of the global executive compensation programs in coordination with the Sr. Consultant, executive compensation and other internal partners as an end-to-end process, including administration, communications, SOX compliance, policy updates, and reporting.
• Contribute to the material development for the Talent and Compensation Committee of the Board of Directors. Drafting Senior Leadership and board level presentations and reports.
• Support the preparation of the Compensation Discussion and Analysis (CD&A) and other executive compensation documentation necessary for the annual proxy statement.
• Collaborate with Finance on the development and communication of financial performance measures, as they relate to executive programs and support ongoing monitoring/measurement/communication.
• Evaluate executive role criteria, prepare compensation analysis and recommendations for potential new hires/promotions.
• Conduct the global benchmarking and leveling of all executives to ensure consistency while maintaining internal and external equity.
• Support the annual compensation process, including recommendations for salary adjustments and short and long-term incentive plans. Manage the processing of changes for internal and external systems, manage file uploads, and prepare employee memos.
• Manage day-to-day operations and interactions with external equity vendor.
• Providing compensation support for the organization as needed (e.g. special projects, broad-based compensation, etc).
• Ownership of the SOX process for executive compensation, ensuring all the controls are in place, testing is completed and signed off by the due dates.
• Interface with Legal, Accounting, Tax, Audit and other necessary functions regarding compensation programs to ensure accurate reporting and compliance with applicable law and regulations.
• Prepare and support documentation and communication to ensure understanding of the programs by HR business partners, executive leadership and plan participants (including the Executive Portfolios, Stock Ownership Review, and LTI Quarterly Updates).

Qualifications

• Bachelor’s degree in HR, business or related field preferred.
• 5 years related experience, executive compensation and international exposure preferred.
• CCP and CEP certification are a plus.
• Self-directed with critical thinking ability.
• Ability to work effectively in a fast-paced, changing, and matrix environment; ability to work independently and in team environments.
• Accuracy and attention to detail; strong analytical skills and ability to gather key insights from quantitative and qualitative data.
• Skilled in coordinating and prioritizing work to balance various competing responsibilities.
• Good interpersonal, communication and writing skills.
• Skilled in communicating effectively with all levels of employees and management.
• Travel: 2-3 weeks annually, may be more during the onboarding period.

The salary range for this position is $60300 - $90,100/ year.

The hiring [base salary / wage rate] range above represents what Avery Dennison reasonably expects to pay for this position as of the date of this posting. Actual salaries will vary within the range, and in some circumstances may be above or below the range, based on various factors including but not limited to a candidate’s relevant skills, experience, education and training, and location, as well as the job scope and complexity, responsibilities, and regular and/or necessary travel required for the position, which may change depending on the candidate pool. Avery Dennison reserves the right to modify this information at any time, subject to applicable law.  

Additional Information

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status or other protected status. EEOE/M/F/Vet/Disabled. All your information will be kept confidential according to EEO guidelines. If you require accommodations to view or apply for a job, alternative methods are available to submit an application. Please contact (440)534-6000 or [email protected] to discuss reasonable accommodations.