SENIOR GLOBAL COMPENSATION PROGRAM LEAD
Company: MMC Corporate
Location: New York
Posted on: October 15, 2024
Job Description:
Marsh McLennan is seeking candidates for the following position
based in our US , London (UK) or European offices: Senior Global
Compensation Program Lead What can you expect?
- This role will be part of the Compensation Centre of Expertise
(CoE) which, in turn, forms part of the People Strategy team. - The
People Strategy Team identifies, develops and delivers solutions,
and is comprised of six center's of expertise - HR Strategy,
Workforce Planning, Talent & Inclusion, Executive Compensation,
Broad-Based Compensation and Benefits & Mobility.
- The People Strategy team delivers informed perspectives and
creative solutions; anticipates and helps the organization respond
to market, business and colleague needs; and brings a balance of
deep technical expertise and consultative approach to identifying
opportunities and developing scalable solutions that enable
impact.
- The Marsh McLennan Senior Global Compensation Program Lead
contributes to enterprise-wide reward processes, projects and
initiatives by leading workstreams and collaborating across the
broader Compensation and People Strategy function.
- You will be a part of the Compensation CoE's leadership team
and report to the Marsh McLennan Compensation Leader. What you will
be rewarded with?
- A company with a strong brand and strong results to match
- Business Resource Groups which provide access to leaders,
relevant volunteer and mentoring opportunities and interactions
with counterparts in industry groups and client organizations
- Competitive pay and outstanding benefits to help colleagues and
their families live better - physically, mentally, and
financially
- We offer and embrace a hybrid working model that nurtures a
collaborative working environment in the office 3 days per week
allowing 2 days per week to be spent working on a remote basis. We
will rely on you to:
- Lead and deliver enterprise-wide projects across a broad
spectrum of reward topics such as annual pay review, pay equity,
pay transparency, regulatory requirements, systems, market research
and more.
- Consult with People Partners, People Strategy, Finance and
other CoEs to understand and diagnose strategic compensation
priorities, define reward requirements and ensure appropriate
partnership, engagement and alignment on delivering solutions.
- Conduct data analysis and provide insights to support
decision-making related to reward programs.
- Support the Marsh McLennan Compensation Leader in driving
strategic initiatives as well as representing the CoE to cross
functional teams
- Partner with the People Strategy Chief of Staff in the overall
program of work within Compensation as well as other CoEs
- Research industry trends and best practices in rewards,
surfacing and summarizing relevant themes
- Support regional and global project work related to reward
programs, contributing to the achievement of project
objectives
- Apply a consultative skillset to reward-related themes, turning
complex topics into an integrated narrative that aligns with Marsh
McLennan's purpose and commitments. What you need to have: -
- A consultative mindset and client-centric approach to problem
solving
- Be intellectually curious, seeking opportunities to develop new
skills for themselves and others
- Significant, senior level experience within total rewards or
compensation, within a large matrixed organization.
- Excellent analytical and problem-solving skills, with the
ability to interpret and analyze complex data sets
- Advanced proficiency in both Excel and PowerPoint, including
the ability to work with complex formulas, pivot tables, and
bringing a story to life through crisp executive ready
presentations.
- Discipline to work both individually as well as collaboratively
across a team
- Excellent communication and interpersonal skills to collaborate
effectively with diverse and global stakeholders globally
- Ability to work in a fast-paced and dynamic environment, with a
high level of adaptability to different cultural contexts What
makes you stand out:
- A background in Reward/Compensation Consulting The applicable
base salary range for this role is $147,800 - 221,800 The base pay
offered will be determined on factors such as experience, skills,
training, location, certifications, education, and any applicable
minimum wage requirements. Decisions will be determined on a
case-by-case basis. In addition to the base salary, this position
may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which
includes health and welfare benefits, tuition assistance, 401K
savings and other retirement programs as well as employee
assistance programs. Marsh McLennan (NYSE: MMC) is the world's
leading professional services firm in the areas of risk, strategy
and people. The Company's more than 85,000 colleagues advise
clients in over 130 countries. With annual revenue of $23 billion,
Marsh McLennan helps clients navigate an increasingly dynamic and
complex environment through four market-leading businesses. Marsh
provides data-driven risk advisory services and insurance solutions
to commercial and consumer clients. Guy Carpenter develops advanced
risk, reinsurance and capital strategies that help clients grow
profitably and pursue emerging opportunities. Mercer delivers
advice and technology-driven solutions that help organizations
redefine the world of work, reshape retirement and investment
outcomes, and unlock health and well being for a changing
workforce. Oliver Wyman serves as a critical strategic, economic
and brand advisor to private sector and governmental clients. For
more information, visit marshmclennan.com, or follow us on LinkedIn
and X. Marsh McLennan is committed to embracing a diverse,
inclusive and flexible work environment. We aim to attract and
retain the best people and embrace diversity of age background,
disability, ethnic origin, family duties, gender orientation or
expression, marital status, nationality, parental status, personal
or social status, political affiliation, race, religion and
beliefs, sex/gender, sexual orientation or expression, skin color,
veteran status (including protected veterans), or any other
characteristic protected by applicable law. If you have a need that
requires accommodation, please let us know by contacting
TANA@mmc.com Marsh McLennan is committed to hybrid work, which
includes the flexibility of working remotely and the collaboration,
connections and professional development benefits of working
together in the office. All Marsh McLennan colleagues are expected
to be in their local office or working onsite with clients at least
three days per week. Office-based teams will identify at least one
"anchor day" per week on which their full team will be together in
person.
Keywords: MMC Corporate, Stratford , SENIOR GLOBAL COMPENSATION PROGRAM LEAD, Accounting, Auditing , New York, Connecticut
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