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Vice President – Total Rewards
Company | Mastercard |
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Location | White Plains, NY, USA |
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Salary | $194000 – $311000 |
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Type | Full-Time |
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Degrees | Bachelor’s, Master’s |
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Experience Level | Senior, Expert or higher |
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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.
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.
Preferred Qualifications
- 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.