Patrick Butman

Head of Total Rewards and Analytics @BetaNXT

Harrison, NJ, US
EMAILS
p••••••••@betanxt.com
MOBILE NUMBERS
+15•••••••47

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WORK HISTORY

Oct 2022 — Present

Head of Total Rewards and Analytics @BetaNXT

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As the Head of Total Rewards and Analytics, my focus is on optimizing processes to enhance our Total Rewards brand and program utilization, ultimately boosting employee satisfaction ratings, and reducing compensation-related costs. In this role, I plan and execute executive compensation, benefits, and global mobility programs that support our mission and business objectives. Collaborating closely with the CEO and CFO, I support the Human Capital & Compensation Committee and ensure alignment with business objectives. I lead the annual compensation planning process, direct workforce analytics, and drive compensation and benefits programs that result in high employee satisfaction scores. As part of my responsibilities, I created compensation plan calculations, developed processes and guidelines, and educated stakeholders on practices and strategies, resulting in notable improvements in commission and bonus accuracy. Additionally, I evaluate, plan, and communicate preferred hiring, compensation, and employee evaluation methods using market-based compensation surveys, which has led to more competitive and equitable compensation packages and fostered continuous improvement. Key Accomplishments: • Increased employee participation in benefits programs and reduced administrative costs by facilitating the transition to a Total Rewards framework, streamlining benefit solutions, and enhancing employee engagement. • Aligned compensation plans with growth and strategic objectives by partnering with senior leadership (CAO, CFO, and CEO) to support executive compensation, resulting in improved retention and talent acquisition metrics. • Designed and executed global comp and benefits strategy, oversaw budgets for new positions, and administered compensation programs – employee satisfaction increased two-fold and slashed turnover via targeted incentives. • Delivered business-wide and divisional analytics support across all functional areas, boosting data-driven decision-making.

SKILLS

Business AnalysisStrategy FormulationVendor ManagementDeferred CompensationStrategyOnboardingSuccessfactorsCompensation ManagementProject ManagementFinance ManagementTurnaround StrategyFinancial ServicesWorkscapeStrategic LeadershipRisk ManagementWorkforce anManagementBusiness Process ImprovementHuman ResourcesProcess ImprovementTaleoApplicant Tracking SystemsStrategic Human Resources LeadershipLeadershipPeoplesoftGlobal OperationsBudget ManTalent AcquisitionGlobal Human Resources ManagementCrmTablCross-Functional Team LeadershipData Visualization

ABOUT PATRICK BUTMAN

As BetaNXT\'s Head of Total Rewards and Analytics, I bring 26 years of experience in…

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