Vice President of Total Rewards, Mastercard
$194-311k
Salary applicable for NY candidates, may vary in other locations
Global payments technology company
Be an early applicant
Global payments technology company
1001+ employees
Be an early applicant
$194-311k
Salary applicable for NY candidates, may vary in other locations
1001+ employees
Company mission
To connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible.
Role
Who you are
- 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
What the job involves
- 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
- 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
- Abide by Mastercard’s security policies and practices
- Ensure the confidentiality and integrity of the information being accessed
- Report any suspected information security violation or breach, and
- Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines
Our take
Mastercard is in the global payments business, and operates the world's fastest payments processing network. Its products and solutions have become central to everyday commerce across the world, in activities ranging from shopping and travelling to running businesses.
As the economy has become more and more digitised, Mastercard has been a leading player in helping businesses and individuals across the globe embrace card payments and digital banking. One of the world's largest companies, its revenue has seen consistent gain in the last 20 years.
The challenge for modern payments companies is that payments are always changing, as seen in the astronomical rise of contactless payments over the last decade. Mastercard's acquisition of blockchain systems, and an overall focus on leveraging its technology towards a digital economy, has placed the company in good stead to keep up to date with current trends, like cryptocurrency, in the digitised payments world.
Steph
Company Specialist at Welcome to the Jungle
Insights
21% employee growth in 12 months
Company
Company benefits
- Gym membership
- Share purchase options
- Extra holiday purchase optional
- Work from home opportunities
- Health insurance
Company HQ
Purchase, Harrison, NY
Leadership
Michael Miebach
(CEO)Has served in a variety of roles at the company, including President and CPO. Currently Board Member at IBM, Accion, the World Resources Institute, the US-India Strategic Partnership Forum, and the Metropolitan Opera. They are also a Trustee of USCIB.
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