Vice President, Total Rewards

MastercardMiami, FL
1d

About The Position

The Total Rewards team is responsible for delivering world-class programs that position the company as an employer of choice. This global team designs and delivers compensation, benefits, and mobility programs for employees and leads human resources M&A activities. The position will lead compensation consultative support and Total Rewards projects and initiatives for designated business units.

Requirements

  • Leadership experience in compensation consultation.
  • Bachelor’s and master’s degrees are desirable.
  • Ability to consult and influence stakeholders.
  • Record of working cross-functionally and collaboratively at all levels.
  • Rewards acumen and content expertise.
  • Agile and high degree of initiative; effectively manages multiple demands in a demanding environment.
  • Diligence and ability to juggle competing priorities during heavy compensation cycles/processes.
  • Ability to quickly establish trust and credibility across teams, including COE and other Total Rewards Partners.
  • Inspirational and empathetic; may have management responsibilities and will mentor team members to execute goals and objectives.
  • Compensation expert with strong knowledge of Total Rewards programs, design practices, and administration.
  • Relationship manager to P&C and key business stakeholders.
  • Agile and high degree of initiative; effectively manages demands in a demanding environment.
  • Analytical person who applies creativity to support effective proposals and solutions.
  • Highly collaborative team member who proactively informs and drives process improvements.
  • Strong analytics and data management skills, including Excel, modeling, and analytical skills to leverage data for insights and consulting.
  • Effective and persuasive communication skills.
  • Strong diligence and sense of urgency; ability to prioritize, multi-task, and meet deadlines in a fast-paced, dynamic, team environment.

Responsibilities

  • Serve as the primary consultant to designated business units on all compensation-related items, ensuring market-competitive pay and internal alignment with Mastercard’s philosophies.
  • Partner with HR leaders and Business Partners to provide guidance on all components of compensation, including job evaluation, executive offers, and year-end allocations of base, bonus, and LTI.
  • Develop relationships and establish credibility with business unit executives, HR Business Partners, and key stakeholders across the company.
  • Consult with management on pay program levers, including job structures, to ensure compensation design aligns with organizational design.
  • Stay abreast of best practices and make recommendations to design teams based on market practice and intelligence.
  • Direct compensation due diligence, cost analysis, retention strategies, and other assessments in support of M&A transactions.
  • Ensure the effectiveness of programs and services to the business, gather real-time intelligence from the business, and relay this back to internal stakeholders.
  • Focus exclusively on consulting with business units and liaising with other parts of Total Rewards to execute programs.
  • Collaborate on special projects with rewards design and delivery teams as needed.
  • Ensure the successful delivery of Rewards programs globally, operational excellence, and an optimal employee experience.
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