Executive Compensation Advisor

Department:
Total Rewards

Our Company Promise

We are committed to provide our Employees a stable work environment with equal opportunity for learning and personal growth. Creativity and innovation are encouraged for improving the effectiveness of Southwest Airlines. Above all, Employees will be provided the same concern, respect, and caring attitude within the organization that they are expected to share externally with every Southwest Customer.

Job Description:

Job Summary
• Internal Advisor and subject matter expert for Southwest’s Senior Leaders across all aspects of executive compensation. Delivers guidance, consultation, analysis and advice on the assessment and design of executive compensation plans, which includes providing direction to other Analysts and Associates, serving as a subject matter expert on projects, and developing and/or reviewing presentations that include meaningful conclusions for review by Senior Leadership Team.

Responsibilities
• Manage the analysis and administration of Companywide short-term incentive programs by creating models and forecasts; calculating quarterly accruals and annual payouts; and preparing plan documentation, summaries, and statements
• Prepare Compensation Committee materials for Senior Management including, but not limited to, agendas, calendars, presentations, analyses, and recommendations
• Collaborate with Legal, Financial Reporting and Internal Audit departments on all matters related to Proxy reporting and Compensation Committee governance
• Execute all transactions for stock plan administration between the Company and the external record keeper. Maintain documentation and ongoing analysis of stock plan reserves and in cooperation with Legal, make appropriate recommendations as to Plan authorized limits. Manage relationship with external record keeper to ensure alignment with communication and engagement activities for equity plan participants.
• Review and analysis of materials prepared by External Executive Compensation Consultant
• Develop, enhance, and maintain the design, operation, administration, and governance of Southwest's executive compensation programs
• Develop and deliver regular executive communication and education that provides valuable insight into compensation initiatives, status of incentive compensation plans, and dependencies of compensation on Company performance
• Counsel new SMC executives on all elements of executive compensation
• Draft and distribute communication of compensation messaging and announcements regarding annual salary and merit planning, routine compensation analyses, incentive programs, and other compensation related content
• Conduct analysis of external market data to support compensation practices and recommendations for executive remuneration
• Initiate and develop strong business relationships throughout the organization to consult on program initiatives, gain insight and identify opportunities for education and engagement with executives
• Keep informed of trends in executive compensation and advise Senior Leadership as needed on marketplace and regulatory developments and their applicability to ensure competitive market positioning in line with marketplace trends and internal budgetary consideration
• Must be able to meet any physical ability requirements listed on this description
• May perform other job duties as directed by Employee’s Leaders

Knowledge, Skills and Abilities
• Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources
• Knowledge of laws, legal codes, precedents, government regulations, executive orders, agency rules
• Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems
• Skilled in collecting, organizing, visualizing, and assimilating data, including turning raw data into meaningful information using data-oriented programming languages and visualization software
• Skilled in identifying complex problems and reviewing related information to develop and evaluate options and implement solutions
• Skilled in using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems
• Ability to apply general rules to specific problems to produce answers that make sense
• Ability to combine pieces of information to form general rules or conclusions (including finding a relationship among unrelated events)

Education
• Required: High School Diploma or GED

Experience
• Expert level experience, expansive and far reaching knowledge in:
• Compensation plans, executive compensation and SEC reporting, long term incentive plan administration, taxation of current and deferred executive compensation

Licensing/Certification
• N/A

Physical Abilities
• Ability to perform work duties from [limited space work station/desk/office area] for extended periods of time
• Ability to communicate and interact with others in the English language to meet the demands of the job
• Ability to use a computer and other office productivity tools with sufficient speed and accuracy to meet the demands of the job

Other Qualifications
• Must maintain a well-groomed appearance per Company appearance standards as described in established guidelines
• Must be a U.S. citizen or have authorization to work in the United States as defined by the Immigration Reform Act of 1986
• Must be at least 18 years of age
• Must be able to comply with Company attendance standards as described in established guidelines

Pay & Benefits:

Competitive market salary from $128,350 - $142,600 per year * depending on qualifications and experience.

For eligible Leadership and individual contributor roles, additional bonus opportunities are available and awarded at the discretion of the Company.

Benefits you’ll love:
• Fly for free, as a privilege, on any open seat on all Southwest flights (your eligible dependents too)
• Southwest will help fund your Retirement Savings Plan with Company contributions up to 9.3% of your eligible earnings
• Potential for annual ProfitSharing contribution in the Southwest Retirement Savings Plan- when Southwest profits, you profit *
• Competitive health insurance for you and your eligible dependents (including pets)
• Southwest offers health plan coverage options that start from the very first day of employment. You will have 30 days to select and enroll in your health plan with coverage retroactively available to your first day of employment.
• Explore more Benefits you’ll love: https://careers.southwestair.com/benefits
• Pay amount doesn’t guarantee employment for any particular period of time

401(k) match contributions are subject to the plan’s vesting schedule and applicable IRS limits
• ProfitSharing contributions are subject to plan’s vesting schedule and are made at the discretion of the Company

Southwest Airlines is an Equal Opportunity Employer.
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