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Experienced Compensation Benefits Leader with a demonstrated history of working in the oil & energy industry. Strong human resources professional skilled in HR Policies, Retirement Planning, Executive Pay, Management, and Mergers & Acquisitions.
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Director Benefits, Compensation And PayrollBeusa Energy Sep 2024 - PresentUs -
Senior Director CompensationNov Feb 2023 - Sep 2024Houston, Texas, Us -
Senior Manager RewardsWood Aug 2020 - Apr 2023Aberdeen, Gb -
Director Compensation BenefitsMrc Global Jan 2020 - Aug 2020Houston, Texas, Us -
Director Of Compensation And BenefitsBj Services Jul 2017 - Jun 2019The Woodlands, Texas, Us -
Compensation And Benefits ManagerMotiva Enterprises Llc Aug 2016 - Jun 2017Houston, Tx, Us -
Director Of Total Compensation, Wellness, Benefits & Hr OperationsAscend Performance Materials Feb 2011 - Jul 2016Houston, Texas, Us -
Director, BenefitsDynegy Inc Sep 2006 - Feb 2011to Management providing analysis, consulting and recommendations to the Benefits Plan Committee, Compensation Committee and the Board for all Qualified and Non-Qualified Plans Responsible for a team that delivers, administers and operates Dynegy's Benefit Plans, Executive Benefit Plans and Severance Plans for 1,700 plus employees and 3,000 plus vested terms and retireesPeriodically reviews Benefit Programs to determine competitive benefit packagesDetermines, communicates and executes department goals and objectives that are tied to the organization's business objectives. Manages the G&A ($1M) and Burden Budget ($64 M) for staff and Benefit Plans Manages outside vendors for all Benefit Plans to ensure delivery of quality benefits and servicesSuccessfully integrated benefit programs due to several mergers and acquisitionsDevelops written materials and conducts informational meetings for all employees to increase awareness and provide a better understanding of Total Rewards plans and policies Strategic Partner/Advisor to Labor Relations providing analysis, consulting and recommendations for Union NegotiationsAccomplishments Include:Developed a Benefits Portal that provided a single source for Benefit Programs to Dynegy participantsSuccessfully facilitated and consulted on the integration of 300 plus employees into the Dynegy Benefits Plans due to a merger Facilitated and consulted on the termination and merging of Subsidiaries' DC & DB PlansImplemented a Comprehensive Wellness Program consisting of HRAs, Screenings and Lifestyle Management CoachingSuccessfully negotiated the merger of a represented group into the Corporate Benefits Structure resulting in $3 M plus in savings for Dynegy Collaborated with all areas of HR to develop a communication strategy for Total Rewards to all employees of Dynegy Developed and centralized absence management administration to the Corporate office allowing the field to focus on production
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Retirement & Subsidiary Benefits ManagerUnocal Corporation Feb 2004 - Aug 2006Managed a team that provided support for Unocal’s retirement plans for the U.S. & Canada, executive retirement plans and International Offshore plans for 2,000 plus employees
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Benefits ManagerUnocal Corporation Feb 2004 - Aug 2006Managed a team that provided support for Unocal's retirement plans for the U.S. & Canada, executive retirement plans and International Offshore plans for 2,000 plus employeesProvided analysis, consultations and made recommendations for all Qualified and Non-Qualified Plans to Benefits Plan Committee and the Board of Directors.Responsible for Benefit Plan compliance ranging from non-discrimination testing, government filings and audits for qualified plansDeveloped, designed and implemented new benefit programsManaged outside vendors for all Benefit Plans to ensure delivery of quality benefits and servicesPeriodically reviewed benefit programs to determine competitive benefit packagesManaged integration of benefits due to mergers and acquisitions; administered Change of Control Policies after each merger/acquisition was completedAccomplishments Include:Facilitated and consulted on the outsourcing of Unocal's Qualified and Non-Qualified Retirement Plans Managed Retirement Plan Administration vendors, Trustee and Investment Managers to improve existing services and instituted new services provided to 18,000 participants (active and retirees) with over $1 Billion in assetsFacilitated and consulted on the termination and merging of Subsidiaries' DC PlanConsulted and facilitated the communication to 4000+ participants the addition of two new investment funds and other new plan designs to Unocal's 401(k) Plan
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Benefits ManagerSolvay America, Inc Jul 2002 - Feb 2004Provided leadership for an in-house administration for DB and Executive Non-Qualified Retirement Supplement Plans Managed a team that administered Solvay America's Retirement and Health & Welfare Plans and Executive Retirement Plans for 4,000 plus employeesProvided Retirement Plan, Executive Non-Qualified Retirement Plan and VEBA Trust accounting and analysisPerformed a variety of analysis', consultations and made recommendations for all Plans to remain competitiveManaged non-discrimination testing, government filings and audits for DC, DB and Health & Welfare Plans Accomplishments Include:Facilitated and consulted on the merger of an acquired companies' DB, DC and Health & Welfare Plans consisting of 300 participants into Solvay America's Benefit PlansManaged Retirement Plan Administration vendor, Trustee and Investment Managers to improve existing services and institute new services provided to 4,000 participants in 401(k) plan with $250MM in assetsDeveloped and improved procedures for in-house administration for DB and Executive Non-Qualified Compensation PlanManaged the transition from in-house administration of 500 + participants in COBRA, LTD and Retiree Medical Plans to an outside vendor Developed and improved procedures for payroll interface with outsourced vendors for all Plans Supervised VEBA Trust including self-insured managed care medical and dental plans and fully insured life, personal accident, long-term disability and stop loss insurance for 4,000 plan participants.
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Senior Global Pension ConsultantHalliburton Company Oct 2000 - May 2002Major Responsibilities Include:Managed the delivery, administration and operations of Halliburton Global Retirement Plans (DB and DC)Provided consultations, view of plans and made recommended changes to the Plans to remain competitiveDeveloped and implemented training tools and procedures for participant resolution/participant advocacy Provide benefit consulting, review and recommendations on mergers, acquisitions and divestituresDeveloped, designed and implemented new benefit programsManaged non-discrimination testing, government filings and audits for the DB and DC PlansAccomplishments Include:Designed, managed and implemented a Financial Education services benefit program for 30,000 plus employeesWrote and improved new plan designs for the U.S. Retirement Plans that serviced 30,000 plus participantsDeveloped and improved procedures for SAP payroll data interface to outsourced vendors Developed and facilitated the delivery of communication material to participants and management regarding plan updates and changes Managed the Record Keeper, Trustee and Investment Managers to improve existing services and institute new services provided to 30,000 participants in 401(k) plan with $3 Billion in assets
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ConsultantHand Group, Inc May 1994 - Oct 2000Manage existing U.S. DB and DC Retirement Plans and Flex Plans for Employers (profit and non-profit organizations)Provide on site U.S. Retirement and Flex Benefits plan consulting and education to employers and employees Provide on site investment education to employers and employees for U.S. Retirement PlansProvide analysis and make recommendations on investment options to employers for U.S. Retirement PlansDevelop and implement new marketing ideasAccomplishments Include:Developed cost effective benefit plan designs for employers Managed and facilitated annual benefits enrollment for 100 plus employersDeveloped and implemented Policies and Procedures for 401(k) and Flex Plan Administration
Michael Martin Skills
Michael Martin Education Details
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Texas A&M UniversityEconomics -
EconomicsReceived -
Texas A&M University- College
Frequently Asked Questions about Michael Martin
What company does Michael Martin work for?
Michael Martin works for Beusa Energy
What is Michael Martin's role at the current company?
Michael Martin's current role is HR Total Rewards.
What is Michael Martin's email address?
Michael Martin's email address is ma****@****msn.com
What is Michael Martin's direct phone number?
Michael Martin's direct phone number is +128137*****
What schools did Michael Martin attend?
Michael Martin attended Texas A&m University, Economics, Texas A&m University- College.
What skills is Michael Martin known for?
Michael Martin has skills like Employee Benefits, Leadership, Human Resources, Hris, Management, Deferred Compensation, Talent Management, Mergers And Acquisitions, Performance Management, Training, Payroll, Employee Relations.
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