How much does a Vice President of Global Compensation make hourly at companies like ESPEY MFG & ELECTRONICS CORP in the United States? The average hourly wage for a Vice President of Global Compensation at companies like ESPEY MFG & ELECTRONICS CORP in the United States is $96 as of March 26, 2024, but the range typically falls between $86 and $107. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
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The Vice President of Global Compensation oversees the collection of wage, salary, and incentive survey data to ensure the organization's compensation programs/objectives are competitive in the current marketplace. Plans and directs compensation policies, objectives, and initiatives. Being a Vice President of Global Compensation plans and administers long and short term equity programs and executive programs that drive company performance. Responsible for the design, development, and administration of all compensation programs used to attract and retain employees. In addition, Vice President of Global Compensation ensures compensation programs remain within budgetary constraints. Directs communications to employees that is clear and reinforces the value of the compensation programs. Keeps abreast of regulatory, market, and practice changes and trends. Requires a bachelor's degree. Typically reports to top management. May require CCP. The Vice President of Global Compensation manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Working as a Vice President of Global Compensation typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)
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Core compensation
Includes base and short-term incentives
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