Job ID 8627 Location Miami, FL Date posted 07/05/2024 Job Description
Reporting to the Vice President of Global Compensation and Planning, this role will oversee the design, development, execution and administration of the Company’s executive and equity incentive programs across the globe to attract, retain, and engage our leadership talent. Oversight includes administration of US and UK stock-based incentive plans in compliance with the equity plan rules, and applicable global laws and regulations. It also prepares the Compensation Committees materials and annual compensation disclosures in our annual SEC and UK filings. This is a varied and independent role, which will rely on the job holder using a combination of organizational/logistical, stakeholder management and communication skills to support the Global HR team to become a best-in-class center of excellence.
Essential Functions:
Oversees the annual long-term incentive planning process (global guidelines, budgets, collateral materials for planning managers, global legal/regulatory compliance, Compensation Committees approval process, participant communications). Includes oversight of new stock grant delivery, tracking and vesting, in close collaboration with the Analyst Equity Plans, the GHR compensation team, stock plan service provider and other stakeholders.
Leads preparing or gathering presentations for review/approval by the Compensation Committees of the Board of Directors, including preparation of the agenda and scheduling timeline. Also coordinates and liaises with the executive compensation consultant to the Compensation Committee, providing appropriate information and homogenizing strategy and materials between consultants and Management.
Leads the internal team in the development of the proxy CD&A and UK Directors Remuneration Report disclosures and prepares the relevant tables. Maintains oversight for stock plan data provided for 10K, 10Q, Section 16 filings, directors remuneration report and other regulatory filings such as UK Form 42, UK Companies House filings, country filings related to equity grant/release activity, UK non-Executive Director tax elections, UK Block Listing applications and ad hoc reporting.
Develops themes, prepares and manages Long-Term Incentive communications ensuring that employee communications provide clear messaging and explanations that support strong perceived value of equity programs. Includes development and delivery of educational materials/programs to HR team and plan participants. Ensures executive compensation and equity program materials are available, accurate, complete, and prepared on a timely basis.
Keep up to date on trends and regulatory changes impacting equity administration, review plan documents, considering such changes and work with internal counsel, finance and tax on plan interpretations and recommend changes, if warranted.
Keep up to date on regulatory changes impacting US Proxy and UK Directors Remuneration reporting, work with internal counsel and others as appropriate.
Keeps up to date with executive compensation trends and provides recommendations to compensation structure, base pay, cash incentives, annual and long-term cash incentive plan design, and equity award guidelines.
Develops collaborative working relationships with various internal and external resources (including legal, corporate accounting and finance, payroll, tax, benefits, etc.) to ensure that all actions, plans and programs pertaining to executive compensation comply with internal corporate governance guidelines and external regulatory requirements.
Qualifications:
Minimum Education: Bachelor’s degree; Master’s degree a plus
Discipline/Major: A Bachelor’s degree in Human Resources, Business , Finance, or other discipline directly related to the position
Required Years and Area of Professional Experience: 7 years experience in Executive Compensation, Finance, Accounting and/or stock plan administration in a global company.
Critical Professional Related Technical/Computer Skills: Strong knowledge of Microsoft Office (Excel, Word, PowerPoint, Teams).
Knowledge, Skills & Abilities:
Ability to comprehend, manage, assess and integrate a variety of complex issues and viewpoints.
Knowledge of regulatory and legislative matters that impact compensation.
Robust financial acumen, as well understanding of tax/accounting/legal/regulatory issues related to executive compensation programs.
Strong analytical and problem-solving skills, with an eye for detail and accuracy; ability to do root cause analysis.
Demonstrated knowledge designing and implementing equity programs in different countries.
Excellent communication skills, both verbal and written; strong power point and excel skills.
Strong project management skills; ability to manage multiple projects at the same time.
Physical Demands: Must be able to remain in a stationary position at a desk and/or computer for extended periods of time.
Travel: None or very little travel likely.
Work Conditions: Work primarily in a climate-controlled environment with minimal safety/health hazard potential.
The range for this role’s salary $120,800-$190,000. Offers to the selected candidates will be made on a fair and equitable basis, taking into account specific job-related skills and experience.
At Carnival, your total rewards package is much more than your base salary. All non-sales roles participate in an annual cash bonus program, while sales roles have an incentive plan. Director and above roles may also be eligible to participate in Carnival’s discretionary equity incentive plan. Plus, Carnival provides comprehensive and innovative benefits to meet your needs, including:
Health Benefits:
Cost-effective medical, dental and vision plans
Employee Assistance Program and other mental health resources
Additional programs include company paid term life insurance and disability coverage
Financial Benefits:
401(k) plan that includes a company match
Employee Stock Purchase plan
Paid Time Off
Holidays – All full-time and part-time with benefits employees receive days off for 7 company-wide holidays, plus an additional floating holiday to be taken at the employee’s discretion.
Vacation Time – All full-time employees at the manager and below level start with 14 days/year; director and above level start with 19 days/year. Part-time with benefits employees receive time off based on the number of hours they work, with a minimum of 84 hours/year. All employees gain additional vacation time with further tenure.
Sick Time – All full-time employees receive 80 hours of sick time each year. Part-time with benefits employees receive time off based on the number of hours they work, with a minimum of 60 hours each year.
Other Benefits
Complementary stand-by cruises, employee discounts on confirmed cruises, plus special rates for family and friends
Personal and professional learning and development resources including tuition reimbursement
On-site preschool program, wellness center, and health clinic at our Miami campus
About Us
In addition to other duties/functions, this position requires full commitment and support for promoting ethical and compliant culture. More specifically, this position requires integrity, honesty, and respectful treatment of others, as well as a willingness to speak up when they see misconduct or have concerns.
Carnival Corporation & plc is a global cruise company and one of the largest vacation companies in the world. Our portfolio of leading cruise brands includes Carnival Cruise Line, Holland America Line, Princess Cruises and Seabourn in North America; P&O Cruises, and Cunard Line in the United Kingdom; AIDA in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia. Our employees have a responsibility to be accountable for all actions. We consider the environment in all aspects of our business and have a responsibility to put safety andsustainability first. We live and share a positive attitude which is based on fostering an environment of inclusion, trust, a willingness to listen, openness and integrity.
Carnival Corporation & plc and Carnival Cruise Line is an equal employment opportunity/affirmative action employer. In this regard, it does not discriminate against any qualified individual on the basis of sex, race, color, national origin, religion, sexual orientation, age, marital status, mental, physical or sensory disability or any other classification protected by applicable local, state, federal and/or international law.
Benefits as a member of Carnival's Team:
A comprehensive benefit program which includes medical, dental and vision plans
Additional programs include company paid term life insurance and disability coverage and a 401(k) plan that includes a company match
Employee Stock Purchase plan
Paid vacation and sick time
Cruise benefits
An on-site fully accredited preschool educational program located at our Doral campus
An on-site Wellness Center and Health clinic at our Doral campus
To view a copy of Carnival's FMLA, EEO and EPPA posters please visit: (click or copy and paste link into your browser).