Compensation Committee and LTI Planning Director
Company Overview
As the parent company overseeing our nine distinctive brands worldwide, Carnival Corporation plays a vital role in providing integral support and strategic direction to each brand across various departments. We strive to deliver unforgettable happiness to our guests by providing extraordinary cruise vacations, while honoring the integrity of every ocean we sail, place we visit and life we touch. As a member of our team, you will help lead the way in innovative and sustainable cruising, delivering memorable vacations and building borderless connections.
Our Culture Essentials
Joining the Carnival team means embracing our six Culture Essentials, which are the cornerstone values shaping our identity, principles, and actions. These beliefs and behaviors not only define who we are but also unite us as a team, guiding us in decision-making, fostering relationships, tackling challenges, and reaching milestones. These culture essentials propel us toward a shared vision of success, ensuring a collective effort in shaping our future.
- Speak Up
- Respect & Protect
- Empower
- Improve
- Listen & Learn
- Communicate
Responsibilities
Job Description
Reporting to the Vice President of Global Compensation and Planning, this role will oversee the design, development, execution and administration of the Company’s executive and equity incentive programs across the globe to attract, retain, and engage our leadership talent. Oversight includes administration of US and UK stock-based incentive plans in compliance with the equity plan rules, and applicable global laws and regulations. It also prepares the Compensation Committees materials and annual compensation disclosures in our annual SEC and UK filings. This is a varied and independent role, which will rely on the job holder using a combination of organizational/logistical, stakeholder management and communication skills to support the Global HR team to become a best-in-class center of excellence.
Essential Functions:
- Oversees the annual long-term incentive planning process (global guidelines, budgets, collateral materials for planning managers, global legal/regulatory compliance, Compensation Committees approval process, participant communications). Includes oversight of new stock grant delivery, tracking and vesting, in close collaboration with the Analyst Equity Plans, the GHR compensation team, stock plan service provider and other stakeholders.
- Leads preparing or gathering presentations for review/approval by the Compensation Committees of the Board of Directors, including preparation of the agenda and scheduling timeline. Also coordinates and liaises with the executive compensation consultant to the Compensation Committee, providing appropriate information and homogenizing strategy and materials between consultants and Management.
- Leads the internal team in the development of the proxy CD&A and UK Directors Remuneration Report disclosures and prepares the relevant tables. Maintains oversight for stock plan data provided for 10K, 10Q, Section 16 filings, directors remuneration report and other regulatory filings such as UK Form 42, UK Companies House filings, country filings related to equity grant/release activity, UK non-Executive Director tax elections, UK Block Listing applications and ad hoc reporting.
- Develops themes, prepares and manages Long-Term Incentive communications ensuring that employee communications provide clear messaging and explanations that support strong perceived value of equity programs. Includes development and delivery of educational materials/programs to HR team and plan participants. Ensures executive compensation and equity program materials are available, accurate, complete, and prepared on a timely basis.
- Keep up to date on trends and regulatory changes impacting equity administration, review plan documents, considering such changes and work with internal counsel, finance and tax on plan interpretations and recommend changes, if warranted.
- Keep up to date on regulatory changes impacting US Proxy and UK Directors Remuneration reporting, work with internal counsel and others as appropriate.
- Keeps up to date with executive compensation trends and provides recommendations to compensation structure, base pay, cash incentives, annual and long-term cash incentive plan design, and equity award guidelines.
- Develops collaborative working relationships with various internal and external resources (including legal, corporate accounting and finance, payroll, tax, benefits, etc.) to ensure that all actions, plans and programs pertaining to executive compensation comply with internal corporate governance guidelines and external regulatory requirements.
Qualifications:
- Minimum Education: Bachelor’s degree; Master’s degree a plus
- Discipline/Major: A Bachelor’s degree in Human Resources, Business , Finance, or other discipline directly related to the position
- Required Years and Area of Professional Experience: 7 years experience in Executive Compensation, Finance, Accounting and/or stock plan administration in a global company.
- Critical Professional Related Technical/Computer Skills: Strong knowledge of Microsoft Office (Excel, Word, PowerPoint, Teams).
- Preferred Education: Bachelor degree required, preferably in Economics, Finance, Accounting or Mathematics
Knowledge, Skills & Abilities:
- Ability to comprehend, manage, assess and integrate a variety of complex issues and viewpoints.
- Knowledge of regulatory and legislative matters that impact compensation.
- Robust financial acumen, as well understanding of tax/accounting/legal/regulatory issues related to executive compensation programs.
- Strong analytical and problem-solving skills, with an eye for detail and accuracy; ability to do root cause analysis.
- Demonstrated knowledge designing and implementing equity programs in different countries.
- Excellent communication skills, both verbal and written; strong power point and excel skills.
- Strong project management skills; ability to manage multiple projects at the same time.
- Ability to create a workplace environment that fosters collaboration, trust and excellence.
- Ability to maintain complete confidentiality, particularly on sensitive matters
Physical Demands: Must be able to remain in a stationary position at a desk and/or computer for extended periods of time.
Travel: None or very little travel likely.
Work Conditions: Work primarily in a climate-controlled environment with minimal safety/health hazard potential.
Work Location: This position is classified as “in-office.” As an in-office role, it requires employees to work from a designated Carnival office in South Florida Tuesday through Thursday each week. Employees may work from their homes on Mondays and Fridays. Candidates must be in (or willing to relocate to) the Miami/Ft. Lauderdale area.
At Carnival, your total rewards package is much more than your base salary. All non-sales roles participate in an annual cash bonus program, while sales roles have an incentive plan. Director and above roles may also be eligible to participate in Carnival’s discretionary equity incentive plan. Plus, Carnival provides comprehensive and innovative benefits to meet your needs, including:
- Health Benefits:
- Cost-effective medical, dental and vision plans
- Employee Assistance Program and other mental health resources
- Additional programs include company paid term life insurance and disability coverage
- Financial Benefits:
- 401(k) plan that includes a company match
- Employee Stock Purchase plan
- Paid Time Off
- Holidays – All full-time and part-time with benefits employees receive days off for 7 company-wide holidays, plus an additional floating holiday to be taken at the employee’s discretion.
- Vacation Time – All full-time employees at the manager and below level start with 14 days/year; director and above level start with 19 days/year. Part-time with benefits employees receive time off based on the number of hours they work, with a minimum of 84 hours/year. All employees gain additional vacation time with further tenure.
- Sick Time – All full-time employees receive 80 hours of sick time each year. Part-time with benefits employees receive time off based on the number of hours they work, with a minimum of 60 hours each year.
- Other Benefits
- Complementary stand-by cruises, employee discounts on confirmed cruises, plus special rates for family and friends
- Personal and professional learning and development resources including tuition reimbursement
- On-site preschool program and wellness center at our Miami campus
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#LI-Hybrid
About Us
- A comprehensive benefit program which includes medical, dental and vision plans
- Additional programs include company paid term life insurance and disability coverage and a 401(k) plan that includes a company match
- Employee Stock Purchase plan
- Paid vacation and sick time
- Cruise benefits
- An on-site fully accredited preschool educational program located at our Doral campus
- An on-site Wellness Center and Health clinic at our Doral campus
Employee Benefits
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Hybrid Work Environment
Empowering work-life integration and flexible opportunities for your personal and career success
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Wellness Programs
Comprehensive employer wellness programs featuring mental health support and fitness options, including an on-site gym
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Cruise Benefits
An array of qualified complimentary and heavily discounted cruise options for the ultimate dream getaway
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Parental Programs
Generous parental leave time and adoption assistance programs
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Retirement Plan
Secure your future with our exceptional Traditional and Roth 401(k) options complemented by valuable company contributions
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Employee Stock Purchase
Invest in tomorrow with the opportunity to purchase Carnival shares at a discounted rate from their fair market value
In addition to the above, we offer PTO and company holidays as well as a variety of medical, dental, and voluntary plans
Culture
We celebrate our diverse team of over 160,000 team members representing 150 countries and are committed to providing a welcoming and inclusive environment where people from different backgrounds, experiences, and walks of life can succeed. We know our team members are at the heart of inspiring unforgettable happiness, so we strive to be the world’s number-one choice for hospitality, travel and leisure careers.