Ed Pictroski calls compensation and benefits the “sweet spot” of his 35-year career. “I love the objective nature of compensation and benefits. There are rules and strategies,” says the senior vice president of compensation and benefits for Avis Budget Group. “I like the strategic aspect of building programs that are competitive and help the employer achieve business results, and I like the challenge of integrating benefits design with business objectives.”
Over the past several years, Pictroski has used his strategic moves to help Avis Budget’s U.S. employees get more out of their retirement plans. The car rental company – which boasts 10,000 rental locations in 175 countries – has three 401(k) plans covering both union and nonunion employees with approximately $519 million in assets and more than 17,000 participants.
