PSEG 8424 Stock Plan & Exec Comp Plan Mgr in Newark, New Jersey
Requisition ID: 33301
Job Function/Category: Human Resources
Employment Type: Exempt Full Time
This is an exciting time to be joining PSEG. Our commitments, which include safety, integrity, customer focus, and diversity & inclusion, are the fabric of our culture and help drive the success of our business. We are fortunate to have an outstanding workforce of diverse and highly skilled talent who move us forward in our operational excellence journey. PSEG has more than 12,000 employees who are dedicated to the communities we serve and embody our vision: People providing Safe, Reliable, Economic and Greener Energy
The successful incumbent will be responsible for the analysis and administration of PSEG’s stock compensation programs, including the Long Term Incentive Program, Employee Stock Purchase Plan, and Deferred Compensation Plans for officers and directors. Manage third-party vendors. Support the design, development, implementation and administration of LTIP components including Stock Options, Restricted Stock, and Performance Shares. Partner with internal departments with regard to coordinating tax impact of awards, fulfillment of internal and external reporting and recordkeeping requirements, and 10b-5-1 sale elections.
Coordinate and provide information in support of 10-K and Proxy filings, including the Proxy’s CD&A and Compensation Tables, coordinating requests to third parties for data to support filings, and coordinating responses from other internal departments for data requests.
Develop, implement and maintain guidelines and processes for the administration of the Stock Ownership and Retention Policy. Communicate requirements and holdings to impacted officers.
Administer the Deferred Compensation Plans, including providing election information to eligible participants, notifying Payroll and third parties of elections, quarterly reconciliations, and coordinating distribution payments for terminated participants according to elections.
Develop and distribute statements for members of the Board of Directors showing a consolidated view of each member’s Deferred and Equity Compensation.
Ensure Sarbanes-Oxley compliance, implementing controls as required.
May participate in the design and analyses of executive compensation programs, including consultation with HR client consultants and executives.
Conduct executive salary surveys and other benchmarking.
Build and maintain strong and effective working relationships with HR client consultants, Treasury, Finance, Legal, Tax, Payroll and Benefits.
Required Skills, Competencies, Education and Experience:
Bachelor’s degree required;
5 years of experience in equity plan management, including experience with public companies, handling daily operations, reporting, audit, reconciliation, and participant customer service;
Understanding of databases and data file structures; strong computer literacy skills.
Experience with third-party vendor management and interaction (background working for or with an outsourcing vendor preferred).
Attention to detail, strong organizational skills, and ability to multi-task in a fast-paced environment.
Excellent written and verbal communications, ability to work with different departments and third-party resources to achieve mutual goals.Desired Skills, Competencies, Education and Experience:
7 years executive compensation experience
Certified Equity Professional designation (CEP)
Experience preparing proxy tables and other SEC filings.
As an employee of PSE&G or PSEG Long Island, you should be aware that during storm restoration efforts, you may be required to perform functions outside of your routine duties and on a schedule that may be different from normal operations.
This site ( http://www.pseg.com ) is strictly for candidates who are not currently PSEG employees. PSEG employees must apply for jobs internally through empower which can be accessed through the mypseg homepage by clicking on the employee center tab, then under the empower header, choose careers.
Business needs may cause PSEG to cancel or delay filling position at any time during the selection process
Public Service Enterprise Group (PSEG) is an equal opportunity employer, dedicated to a policy of non-discrimination in employment, including the hiring process, based on any legal protected characteristic. Legally protected characteristics included, race, color, religion, national origin, sex, age, marital status, sexual orientation, disability, or veteran status or any other characteristic protected by federal, state, or local law in locations where PSEG employs individuals.
Need to request an accommodation?
If you have a disability and need assistance submitting your resume, applying for a position or registering for a test, please call 973-430-3845. Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved hiring decision
Diversity at PSEG: Equal Opportunity Employer
PSEG is an equal employment opportunity employer and makes employment decisions, including but not limited to, hiring, firing, promotion, demotion, training, and/or compensation, on the basis of merit. Employment decisions are based on an individual’s qualifications as they relate to the job under consideration. PSEG's policy prohibits unlawful discrimination based on sex (which includes pregnancy, childbirth, breastfeeding, or related medical conditions, the actual sex of the individual, or the gender identity or gender expression), race, color, religion, including religious dress practices and religious grooming practices, sexual orientation, national origin, ancestry, citizenship, marital status, familial status, age, physical disability, mental disability, medical condition, genetic information, protected veteran or military status, or any other consideration made unlawful by federal, state or local laws, ordinances, or regulations.
Need to request an accommodation?
If you have a disability and need assistance submitting your resume, applying for a position or registering for a test, please call 973-430-3845. Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.
PSEG is committed to complying with all applicable laws providing equal employment opportunities. This commitment applies to all persons involved in the operations of the Company and prohibits unlawful discrimination by any employee of the Company, including supervisors and co-workers.