Global Compensation Management, VP

BlackstoneNew York, NY
$170,000 - $225,000

About The Position

The Vice President, Global Compensation Management (GCM) role will assist in the development, implementation and administration of a full range of compensation programs. This role will report directly to the Global Head of Compensation Management in the Strategic Incentives Group. This position will support a few of Blackstone’s Investment businesses and will provide advice and strategic guidance on pay decisions, pay policy and guidelines, and design and delivery of creative solutions to specific compensation-related initiatives. In addition, the Vice President, GCM role will manage various compensation activities to include market surveys, year-end process management, and other compensation projects in partnership with the HR Business Partners.

Requirements

  • Bachelor's degree from an accredited institution required, with a focus in Business Administration/ Finance preferred.
  • 8+ years of progressive compensation experience.
  • Extensive experience working with multiple rewards and recognition programs.
  • Must possess a strong business and / or financial background and strong analytical skills, using both qualitative and quantitative data.
  • Overall HR experience and comprehensive understanding of compensation practices, programs, and plans.
  • Knowledge of federal and state laws and regulations relating to compensation (FLSA and DOL).
  • Requires excellent knowledge of Microsoft Excel, PowerPoint, Word, and Office.
  • Consultative and collaborative. Experience to communicate (verbal / written) in a direct, concise manner, experience to interact with professionals at all levels, experience to effectively communicate with a wide variety of partners/ stakeholders.
  • Demonstrated strong process/ project management skills, and attention to detail.

Nice To Haves

  • Compensation certification CCP or PHR/ SPHR highly desired.

Responsibilities

  • Provide strategic direction, planning, and guidance to execute the design, implementation, communication, and administration of Blackstone Investment Professional’s compensation programs.
  • Provide solutions that are consistent with Blackstone's compensation philosophy, business needs, federal and state regulations.
  • Ensure compensation is competitive with the marketplace, internal equity/fairness while recognizing the need for cost stewardship. Ensures compliance and consistency with U.S. and global policies, procedures, and processes.
  • Manage the process of market benchmarking and market analysis, analyze data, and present findings and recommendations.
  • Manage annual compensation planning process for employees in collaboration with the business and HR team.
  • Prepare compensation analyses and manage various compensation projects in support of the business.

Benefits

  • comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits
  • paid time off
  • life insurance
  • 401(k) plan
  • discretionary bonuses
  • equity and other incentive compensation
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