Manager Equity Compensation - Schaumburg, IL

Company: Paylocity
Location: Schaumburg
Posted on: May 19, 2023

Job Description:

Paylocity is an equal opportunity employer. Many companies offer payroll and human capital management (HCM) solutions, but Paylocity takes technology to the next level. We've evolved beyond HCM to a next-generation employee experience platform. With uniquely designed solutions to help companies engage employees, we've changed how and where work gets done and created a personalized work environment. Join Paylocity as we continue to transform the future of technology!We give our employees what they need to succeed, including great benefits and perks! We offer medical, dental, vision, life, disability, and a 401(k) match, as well as perks that support you, your family, and your finances. And if it's career development you desire, we provide that, too! At Paylocity, people matter most and have always been at the heart of our business.When you feel like you belong, work is no longer work - it's personal. At Paylocity, we believe better employees lead to better companies. Workplaces and cultures that care will build the future, and at Paylocity, we're doing just that. Join us as we change the future and transform your career!Position OverviewThe Manager Equity Compensation works closely with partners and business leaders to design, implement and administer all equity compensation programs and will be responsible for managing the day-to-day operations of these programs. The role provides guidance and drives strategy to effectively meet organizational objectives while ensuring internal equity, external competitiveness, and compliance with applicable laws.Responsibilities:

• Overall ownership of all equity compensation plans including stock options, restricted stock units and the employee stock purchase plan.
• Supervise and coach/develop team members.
• Develop and maintain policies and procedures related to equity compensation plans and programs, ensuring compliance with regulatory requirements and best practices.
• Responsible for the oversight of equity transactions and the equity administration platform including employee census data, grants, exercises, sales, releases, terminations, etc.
• Proactively develop ongoing communications and education programs to help employees understand the full value of the equity compensation program.
• Serve as the primary point of contact for employees regarding equity compensation questions.
• Assist in the design and administration of executive compensation programs and the related proxy disclosures.
• Oversee the external equity administration provider including executive services to ensure the Paylocity team is receiving quality service levels.
• Coordinate with payroll/accounting for accurate tax withholding and reporting.
• Ensure accuracy of all 10b5-1 transactions and assist executives with plans, as needed.
• Stay current with industry best practices, trends and regulatory changes ensuring programs are competitive, compliant and aligned with company objectives.
• Manage non-employee director's equity compensation and Form 1099-MISC process.
• Ensure accuracy and completeness of equity compensation data and report.Requirements:
  • Bachelor's degree or higher required plus at least 5+ years' experience in equity compensation management with a strong understanding of equity plan design, administration and compliance
  • Broad experience with different equity forms such as RSUs, PSUs, MSUs, stock options, and ESPP
  • Deep knowledge of regulatory requirements related to equity compensation, including tax, accounting and legal considerations
  • Proficiency with Microsoft 365 Business Suite (i.e., Visio, Excel, Word, Outlook)Preferred Skills:
    • Certified Equity Professional (CEP) designation preferred
    • Experience using E*TRADE Equity Edge Online a plusSoft Skills:
      • Excellent communication and interpersonal skills
      • Ability to work independently and collaboratively with cross-functional teams
      • Strong project management skills, with the ability to manage multiple projects and priorities simultaneously
      • Excellent analytical and problem-solving skillsPaylocity is an equal opportunity employer.Paylocity is committed to the full inclusion of all individuals. We comply with federal and state disability laws and make reasonable accommodations for applicants and employees with disabilities. To request reasonable accommodation in the job application or interview process, please contact accessibility@paylocity.com . At Paylocity, "We" is what makes us different. We are committed to fostering a culture that honors diverse opinions, perspectives, and backgrounds, knowing that each makes us stronger and collectively unbeatable together. We actively cultivate these differences as we engage each other in driving innovation in the software and services we provide our customers. Paylocity is an equal opportunity employer.If you are an individual with a disability and you need assistance or a reasonable accommodation during the application process, please contact our services team at +1 (844) 404-7427.

Keywords: Paylocity, Schaumburg , Manager Equity Compensation - Schaumburg, IL, Human Resources , Schaumburg, Illinois