The Clorox Company Sr. Manager, Executive Compensation in Nevada
Make your mark
At Clorox, we build big brands that make everyday life better, every day. We value our differences, and challenge each other to think and act boldly. We try new things, succeed, fail and keep learning. We work hard, and have busy personal lives. And we’re all able to make a positive impact – at Clorox, in our communities, and in the lives of millions of people who invite us into their homes. Make your mark and help us drive Good Growth – growth that is profitable, sustainable and responsible.
The Senior Manager of Executive Compensation leads the strategy, design, administration and governance of executive rewards programs, including short- and long-term incentive programs at Clorox.
Key responsibilities include designing and managing the administration of executive compensation programs and processes (including job evaluation and market pricing, offer development, and annual rewards cycle) for executives and other key positions, benchmarking best practices in design and management of executive compensation programs, developing recommendations and content for the Board’s Management Development & Compensation Committee (MDCC) meetings, and preparing the Compensation Discussion & Analysis section of the annual proxy statement.
This role also oversees the Company’s equity plan administration ensuring compliance and a frictionless employee experience. As Senior Manager, this role will manage and develop an Executive Compensation Analyst, partner with external vendors and consultants and lead internal cross-functional teams to deliver on key projects, deliverables and program administration.
This leader has deep expertise and passion to deliver best-in-class executive compensation programs and processes.
Manage Clorox’s executive compensation programs
Review, analyze and enhance existing executive compensation programs to ensure competitiveness.
In partnership with compensation team, conduct and/or participate in market research and compensation surveys to evaluate and report on the competitiveness to market.
In partnership with the compensation team and the Chief People & Corporate Affairs Officer, lead the year-end performance evaluation and compensation planning process for executives.
Develop executive offers to support new hires, promotions, and restructuring.
Proactively conduct analysis and initiate projects to drive continuous improvement, align programs and practices to best practices and drive the company’s strategy and priorities.
Network in professional compensation associations to stay current on executive compensation trends and regulatory developments.
Ensure executive information in Workday and the equity plan administration systems are current and accurate.
Lead and participate in executive compensation or other projects as needed.
Lead the preparation of Compensation Committee materials
Manage the strategic agenda and topics for the Board of Director’s MDCC meetings
Lead the preparation of recommendations and materials for the MDCC meetings including drafting, modeling, conducting market assessments and quality checking materials prior to executive leadership review.
Manage the flow and cadence of materials to be reviewed and approved in accordance with deadlines.
Partner with Finance, Legal, external consultants and other stakeholders to develop materials and drive accurate and timely reviews.
Oversee equity compensation compliance, reporting, planning, and communications
Lead and manage the equity plan program including the design, implementation, compliance, administration and communication of long-term incentives.
In partnership with the Executive Compensation Analyst, equity administration vendor, Legal, Finance & Accounting, Tax & Treasury, Payroll and IT, ensure equity administration is accurate, timely, compliant and frictionless for employees.
Establish best practices for administration of international equity tax requirements and internal reporting requirements.
Manage all compliance activities, ensuring internal controls and audit requirements are met.
Continuously improve equity plan provider processes, improving accuracy and efficiency through automation.
Prepare Compensation Discussion and Analysis for Annual Proxy
Lead the preparation of the annual CD&A section of the proxy statement.
Prepare data, pro-forma tables, disclosures and reporting in the summary compensation tables of the CD&A.
Draft, review and collaborate with cross-functional partners and senior leaders on key messaging in the CD&A and proxy.
Review and respond to feedback from shareholder proxy services.
Drive continuous process improvement efforts for the CD&A process, looking for opportunities to ensure accuracy, modernize our disclosures and streamline the review of data.
Key Skills, Abilities and Experience Required
Years and Type of Experience:
5-10 years Compensation experience
3-5 years in Executive Compensation and equity administration
Experience developing and presenting senior stakeholder communications on compensation / reward topics
Experience managing people and vendors
Skills and Abilities:
Advanced analytical problem-solving skills and ability to draw conclusions from data in a logical systematic way; consistently prepare accurate and timely analyses
Strong consultative skills, partnering with client groups to provide support and guidance in the analysis and recommendations of solutions to compensation issues
Strong business and financial acumen, understanding tax and budget implications of compensation
Ability to operate at both the strategic and operational levels (i.e., strategic thinking and ability to operationalize) to drive results
Work independently and effectively manage projects from inception through execution
Proactively identify opportunity areas and take initiative to drive them to resolution
Communicate ideas clearly and with confidence; strong verbal, written and presentation skills
Ability to achieve results with high level of accuracy and attention to detail
Proactive and able to manage competing priorities, delivering quality work in a timely manner and communicating status to client groups, manager and leaders as appropriate
Sound judgment and strong decision-making skills
Establishes strong working relationships with others and works well in a team environment
- Bachelor’s degree in business administration, human resources, finance or accounting
More about Human Resources
Our No. 1 strategy is to engage our employees as business owners. That means supporting our employees throughout their time at Clorox – from their first day to their next promotion to their retirement party. We are trusted business partners who generate insights and creative solutions to support and help identify the company’s current and future needs.
More About Clorox
The Clorox Company (NYSE: CLX) is a leading multinational manufacturer and marketer of consumer and professional products with approximately 8,800 employees worldwide and fiscal year 2020 sales of $6.7 billion. Clorox markets some of the most trusted and recognized consumer brand names, including its namesake bleach and cleaning products;
Liquid-Plumr® clog removers
Poett® home care products
Fresh Step® cat litter
Glad® bags, wraps and containers
Hidden Valley® dressings and sauces
Brita® water-filtration products; Burt's Bees® natural personal care products
RenewLife® digestive health products
Rainbow Light®, Natural Vitality™ and NeoCell® dietary supplements.
The company also markets industry-leading products and technologies for professional customers, including those sold under the CloroxPro™ and Clorox Healthcare® brand names. Nearly 80% of the company's sales are generated from brands that hold the No. 1 or No. 2 market share positions in their categories.
Please apply directly to our job postings and do not submit your resume to any person via text message. Clorox does not conduct text-based interviews and encourages you to be cautious of anyone posing as a Clorox recruiters via unsolicited texts during these uncertain times.
Making a positive impact
Clorox is a signatory of the United Nations Global Compact and the Ellen MacArthur Foundation's New Plastics Economy Global Commitment. The company has been broadly recognized for its corporate responsibility efforts, named to the 2020 Axios Harris Poll 100 reputation rankings, Barron's 2020 100 Most Sustainable Companies list, and the Human Rights Campaign's 2020 Corporate Equality Index, among others. In support of its communities, The Clorox Company and its foundations contributed more than $25 million in combined cash grants, product donations and cause marketing in fiscal year 2020. For more information, visit TheCloroxCompany.com , including the Good Growth blog, and follow the company on Twitter at @CloroxCo
The Clorox Company and its subsidiaries is an EEO/AA/ Minorities/Women/LGBT/Protected Veteran/Disabled employer. You may view the Equal Employment Opportunity is the Law notice (https://www.dol.gov/agencies/ofccp/posters) by clicking on it.
Clorox is committed to providing reasonable accommodation for qualified applicants with disabilities and disabled veterans during the hiring and interview process. If you need assistance or accommodation due to a disability, contact us at HR@clorox.com . Please note: This email is reserved for individuals with disabilities in need of assistance and is not a means of inquiry about positions/ application statuses.
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