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Smith Anderson
Employee Benefits and Executive Compensation Associate
Career Insights for Director of Compensation / Benefits
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Based on North Carolina data
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What they do
A Director of Compensation or Benefits is in charge of design, implementation, compliance, and evaluation of a company's compensation and benefits programs. Manages staff members of the compensation and benefits team. Advises senior management team on employee compensation topics.
$155,046 / year median in North Carolina
+7% projected growth
Job Description
Smith Anderson is the largest business and litigation law firm headquartered in North Carolina's Research Triangle—one of the Southeast's most dynamic regions for business growth, innovation, and commercial development. For more than 100 years, the firm has served as a trusted advisor to dynamic regional, national, and global companies, earning a reputation for legal excellence, deep market knowledge, and exceptional client service. Smith Anderson combines sophisticated legal counsel with a practical, business-focused approach, supported by a collaborative and collegial culture. Our ideal candidate would come to us with three to five years of experience working in the employee benefits and executive compensation group of a large law firm. Specifically, the candidate would have experience with:
- Retirement plans and have advised regarding plan administration issues, including correcting plan errors, prepared and reviewed plan amendments/restatements and summary plan descriptions, assisted clients with IRS and DOL plan audits, and prepared a variety of related documents and filings, including 5310s and VCP filings;
- Welfare plans and have advised regarding COBRA obligations and ACA requirements, and prepared ERISA wrap documents and summary plan descriptions;
- Equity compensation and have drafted stock option and similar plans making equity-based awards and advised about related tax issues, including 409A;
- Incentive arrangements and have drafted annual and long-term incentive arrangements; and
- Benefits in M&A and have done related due diligence, reviewed disclosure schedules, and drafted related resolutions and plan amendments.