Full-Time

Director – Executive Compensation

Posted on 8/30/2024

Western Digital

Western Digital

10,001+ employees

Provides data storage solutions and devices

Data & Analytics
Enterprise Software

Senior, Expert

Company Historically Provides H1B Sponsorship

San Jose, CA, USA + 1 more

More locations: Remote in USA

Hybrid position with San Jose as a physical location option.

Category
Corporate Finance
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
Requirements
  • expert level data modeling and excel skills
  • ability to analyze large amounts of data
  • ability to communicate findings and influence decision making at senior executive and Board levels
  • 8+ years of relevant experience in corporate environment and/or consulting firm (prior corporate experience preferred)
  • prior experience presenting to C-Suite executives
Responsibilities
  • Participates in the design, implementation, and administration of executive compensation programs.
  • Evaluates jobs using standard job evaluation techniques; determines levels within the executive team and benchmarks each role relative to the market.
  • Supports compensation processes such as merit, short-term and long-term incentive processes, including preparation of materials for the Compensation and Talent Committee of the organization’s Board of Directors. Partners with internal stakeholders to ensure data and system readiness to deliver such processes.
  • Supports preparation of annual proxy disclosures, including drafting of the CD&A and preparation of the associated tables, the Pay versus Performance tables and disclosures, and the CEO pay ratio disclosure
  • Partners with stock plan administration team to administer equity program and forecasts and monitors the company’s equity spend and burn rate to advise senior executives and the Board
  • Manages monthly equity grant approval process (off-cycle equity awards)
  • Evaluates ongoing effectiveness of existing executive compensation program design and guidelines.
  • Participates in surveys conducted by third parties.
  • Remains current on legal and governance developments associated with public-company executive compensation programs, including proxy advisor guidance.
  • Acts as internal consultant/advisor to managers and other HR staff. Makes recommendations to senior leaders on executive compensation issues.
  • Creates materials to effectively communicate executive compensation programs, policies, and practices to executives.
  • Conducts research, including review of public-company proxies and other SEC filings to evaluate market practices for executive compensation programs. Familiar with standard research platforms, including Equilar and Capital IQ.
  • Effective communication skills and executive presence to advise and influence C-Suite executives.

Western Digital provides a variety of data storage solutions, including Network Attached Storage (NAS), Storage Area Network (SAN), private cloud, and hyper-converged infrastructure. Their products are designed to help businesses manage and store data efficiently and reliably. For example, their all-flash arrays are optimized for high input/output applications, while the JetStor brand offers cost-effective NAS and SAN arrays that support multiple host ports for improved performance. What sets Western Digital apart from its competitors is its extensive experience in the data storage market and its ability to cater to a wide range of clients, from large corporations to small businesses. The company's goal is to deliver high-value storage solutions that meet the diverse needs of its customers, ensuring they have the tools necessary for effective data management.

Company Stage

IPO

Total Funding

$927.9M

Headquarters

San Jose, California

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for high-capacity storage driven by AI and data-intensive applications.
  • Recent product launches cater to the expanding gaming and content creation markets.
  • Advancements in ePMR technology enhance Western Digital's competitive edge in HDDs.

What critics are saying

  • Seagate's HAMR technology may outperform Western Digital's ePMR in high-capacity HDDs.
  • Toshiba's HAMR and MAMR technologies intensify competition in the storage market.
  • Focus on consumer products may neglect enterprise client needs, risking market share.

What makes Western Digital unique

  • Western Digital leads in high-capacity HDDs with 32TB UltraSMR and ePMR technology.
  • The company offers diverse storage solutions, including NAS, SAN, and private cloud.
  • Western Digital's SanDisk and WD_BLACK brands target creators and gamers effectively.

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Benefits

Paid sick leave & vacation time

Medical/dental/vision insurance

Life, accident, & disability insurance

Tax-advantaged flexible spending and health savings accounts

Employee assistance program

Tuition reimbursement

Employee stock purchase plan

Western Digital Savings 401(k) Plan

INACTIVE