Michael Schmidt, Sphr Email & Phone Number

Allendale, Nj, Us

Alexandria, Eg

Currently working as an Advisor, supporting the fundraising and development of a new product focused on 401(k) Audit and Compliance processes. This LLM (Large Language Model) based product will revolutionize how Plan Sponsor's, CPA’s and TPA’s ensure compliance with the DOL’s 401(k) regulations in a real-time manner throughout the year and during the required 401(k) audit process.

Atlanta, Ga, Us

Ventiv Technology develops SaaS based systems for global risk, insurance, and underwriting businesses that transform the way clients manage their risk and insurance information, eliminating data silos and reducing administrative burdens while uncovering hidden insights.Provided leadership and direction to the CEO and Executive team in all HR functional areas, workforce development, succession planning, and employee engagement. Implemented a metric-driven performance bonus framework across the company to drive achievement of our corporate objectives. • Assumed responsibility for the North American Customer Service and Technical Support teams in order to groom a Vice President to assume this role in 9 to 12 months.• Direct responsibility for the administration of the equity and retention programs working with the Board of Directors.• Designed and executed a change management program that enhanced employee engagement, reduced regrettable turnover, and addressed single points of failure across the organization.• Performed a compensation benchmark analysis across the development organization to ensure our compensation structure was competitive with peers. Implemented market adjustments, retention schemes, and used equity to bring employees in line with the external market. • Performed a title rationalization program and implemented the new title structure to foster career progression, salary bands, and succession management initiatives.• Initiated the process to assess and select a new HRIS vendor to support our global workforce (focus was on payroll, performance, recruitment, and compensation processes).• Executive sponsor for the “Go-2-Green” objective which focused on ensuring that a minimum of 80% of our clients were referenceable.

Aurora, Co, Us

New York, New York, Us

Leader in using block chain technology to develop “white labeled” institutional-grade trading solution that creates a secure and stable platform to improve the liquidity of financial markets.Provided strategic-level direction to the CEO and department leads focused on leadership team development and organizational design. Formulated long-range business strategies for HR, facilities, and real estate departments that provided strategic direction to senior management in achieving business growth goals. Oversaw PEO (Professional Employer Organization) selection process with the focus of minimizing the benefits cost structure for both employees and company. Monitored employee activities and performance by implementing quarterly objective framework (Objectives and Key Results, OKRs) to track and evaluate individual performance.• Established a 24/7 customer support function from scratch in close partnership with ZCON Solutions in India, increasing clients’ satisfaction level.• Reduced operational costs by selecting a 401K provider; funded through savings by moving to a PEO.• Introduced reward system for top-performers and a new performance bonus plan that fostered a "Pay for Performance" environment that augmented employees’ morale and performance.• Boosted business effectiveness by amplifying employees from 39 to 140 within eight months through internal recruitment and fostering strategic relations with a 3rd party provider in Pune, India.

New York, Ny, Us

A leading provider of trading, clearing, exchange technology, listing services, information, and public company services across six continents with 4,500 employees.Played a key role in curtailing employees’ turnover and recruitment costs through producing a market competitive pay scale with other benefits or high-growth areas across India, Lithuania, and Philippines. Evaluated existing structure and recommended an optimal organizational design that empowered the Corporate Solution BU to review Global footprint with an eye to creating strategic centers of excellence. Led a Global Information Services operations team as they transitioned the index group from the Nordics to Bangalore.• Spearheaded the merger and acquisition procedures along with leading HR due diligence and integration activities across four RBU’s.• HR Leader for four Revenue Business Units (RBU): global information services, listing services, market technology, and corporate solutions with $1B revenue and 2100 employees across 40 countries.• Ensured smooth and seamless business operations by devising and implementing change management strategies for addressing the consolidation of offices and integration of acquired companies.• Collaborated with BU heads in creating succession plans at the management level by identifying strengths and weaknesses to formulate development plans for succession candidates.

Arlington, Virginia, Us

Bloomberg BNA is a leader in providing legal content and analysis to top tier law firms and corporations with 1,600 employees in the US and UK. Reporting to the Chief Operating Officer and a member of the CEO’s Executive Management Team, I promoted a collaborative environment and innovative culture across business subsidiaries located in US and UK through the execution of a comprehensive change management plan. Coordinated with executive management team for encouraging the culture of collaboration and continuous improvement through strategic initiatives to improve customer experience. Produced a strategic approach for union contract negotiations regarding employee changes/discipline to ensure uninterrupted flow of business operations. Redesigned on-boarding and management training programs by uncovering and eradicating deficiencies in prevailing procedures.• Saved $700K annually by executing a new medical plan on all the business subsidiaries.• Efficiently integrated Bloomberg Law into Bloomberg BNA that adds more value in core legal product, exceeding clients’ expectation.

New York, Ny, Us

Global leader in business and financial data, news and insight, connecting the world’s decision makers to accurate information on the financial markets – and help them make faster, smarter decisions.Conducted in-depth analysis of Bloomberg BNA’s benefit and pension plans and provided recommendations to plan providers in improving plan design to achieve anticipated objectives.• Partnered with a team of high-performing professionals in developing succession plans across all industry vertical businesses as per defined parameters.• Built productive relations with executives from diverse institutions as well as coordinated with head of the industry verticals for creating year-end merit recommendations for Senior executives.

Greenwich, Ct, Us

Vertrue LLC. - Head of Human Resources (Apr 2006 to Sep 2012)Reuters America - Consultant/Director, HR Business Partner/Regional Head of Compensation DES Consulting - Contract RecruiterGrace Technologies - Recruiting ManagerButler Technology Solutions - Technology RecruiterMount St. Mary College - College Recruiter