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Vice President, Executive & Equity Compensation

Company: Salesforce.com, Inc.
Location: Irvine
Posted on: June 9, 2021

Job Description:

To get the best candidate experience, please consider applying for a maximum of 3 roles within 12 months to ensure you are not duplicating efforts.

Job Category

Employee Success Group

Job Details

Vice President, Executive and Equity Compensation

Location Preferences: San Francisco CA, Seattle WA, Irvine CA, Chicago IL, or NYC NY

This role is a key senior leader in the Global Total Rewards organization and focuses on Board Committee Support, notably the Compensation Committee of the Board of Directors and occasional support for Audit, Nomination and Governance, and Mergers and Acquisitions. Oversight and decision responsibility for compensation programs impacting SVP, EVP, President, and Named Executive Officer roles.

Primary responsibilities include:

  • Contributes to the strategy of the global rewards function on an overall basis and as a key senior member of the Global Total Rewards leadership team.
  • Set's competitive and internally equitable compensation levels for Salesforce executive roles, both ongoing and newly hired. Compensation includes cash and long-term incentives.
  • Supports custom incentives for executives and senior teams where expertise is needed in creative cash and equity compensation design, eg. ventures type private equity incentives.
  • Prepares quarterly and ad hoc Board Compensation Committee material and attends and presents at meetings. Responsible for high quality presentation material and liaison work with other stakeholder groups at senior levels in the Company.
  • Manages the company's stock based compensation expense including new hire and annual stock refresh guidelines, estimates of competitive position, peer group selection, and quarterly SBC expense projects. Maintains other complementary metrics around stock based dilution and burn rate trends.
  • Interfaces with investors during proxy season and attends investor calls and meetings as needed with Investor Relations, Finance, and Legal.
  • Owns the company's Gratitude Bonus plan and ensures plan design and administration is consistent with the plan requirements. Provides quarterly estimates on Company performance and outlook, and estimated bonus funding levels.
  • Leads the annual planning for Officer and CEO direct report compensation including application of competitive analysis and cash / equity compensation recommendations.
  • Provides executive compensation consultancy and engagement on all M&A deals including diligence and compensation recommendations and negotiations.
  • The VP Executive and Equity Compensation will have frequent and regular impact with all senior executives within the company including prospective candidates and current executives.
  • Provides retentive compensation counter offers in the case of working out an executive termination that requires a compensation / equity counter. Builds and communicates multi-year compensation models in support of executive retention.
  • Frequent interface Legal, Compliance, Finance, and other roles within the Company's employee success team (e.g. executive recruiters and business partners).

Key Skills/Qualifications:

  • 15+ years of compensation & rewards experience. Executive compensation experience of minimum of 5 years is also a must.
  • Strong interpersonal skills and ability to interact with senior executives.
  • Excellent communicator (both written and verbal) with the ability to influence at the highest level in the organization.
  • The ability to present at the executive and BOD level on complex topics.
  • Strong technical knowledge around equity expense accounting and valuation
  • Knowledge of US SEC disclosures and compliance (SOX) as it relates to executive compensation and equity programs.
  • Experience in the preparation of the annual Proxy including CD&A content and summary compensation tables.
  • Interaction with shareholders around advocacy and communication of our executive compensation programs internally.
  • Experience building, leading and working with teams spanning multiple geographies.
  • Experience in working in fast-paced environments and also large enterprise enterprise software companies.
  • Frequent interface with the Compensation Committee consultant and other support personnel.
  • Industry savvy, up to date and energized by current and future industry trends on compensation and benefits trends.

Accommodations

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Posting Statement

At Salesforce we believe that the business of business is to improve the state of our world. Each of us has a responsibility to drive Equality in our communities and workplaces. We are committed to creating a workforce that reflects society through inclusive programs and initiatives such as equal pay, employee resource groups, inclusive benefits, and more. Learn more about Equality at Salesforce and explore our benefits.

Salesforce.com and Salesforce.org are Equal Employment Opportunity and Affirmative Action Employers. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, or disability status. Salesforce.com and Salesforce.org do not accept unsolicited headhunter and agency resumes. Salesforce.com and Salesforce.org will not pay any third-party agency or company that does not have a signed agreement with Salesfore.com or Salesforce.org.

Salesforce welcomes all.

Pursuant to the San Francisco Fair Chance Ordinance and the Los Angeles Fair Chance Initiative for Hiring, Salesforce will consider for employment qualified applicants with arrest and conviction records.

Keywords: Salesforce.com, Inc., Irvine , Vice President, Executive & Equity Compensation, Other , Irvine, California

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