Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title and Summary
Manager, Total RewardsJob Description Summary
Overview
The Total Rewards Team delivers world class programs that position our company as an employer of choice. Our global team designs and delivers consumer focused compensation, benefits and mobility programs for our employees, and leads all human resources M&A activities.
This position will support the P&C team by providing overall compensation and benefit consultative support and lead rewards projects and initiatives for EEMEA regions.
Role
Primary TR partner to EEMEA region on all compensation related items such as providing proactive support for business issues, special projects ensuring market competitive pay and appropriate internal alignment.
• Partners with business leaders and People Business Partners (PBP) to provide local compensation guidance on all components of compensation (i.e. job evaluation, executive offers and the allocation of base, bonus and LTI at yearend)
• Working closely with the PBPs, and local regional leadership on design requirements for total rewards programs that can be addressed across the Rewards disciplines and solutions
• Works with APEMEA TR partners to build response to volatile markets keeping organization pay philosophy and long term view in mind.
•Provides advice to business leaders on trends in all global rewards disciplines and their applicability to specific regional populations
• Leverages TR analytics to provide forward-looking TR market insights to PBPs and business leaders as well as historic trends
• Provides design consultation to the Rewards COE, leads on the design and development of Rewards programs based on priorities agreed between the business and P&C
• Proactively forecasts and prioritizes Rewards-related business needs to ensure business expectations are managed and resources within Total Rewards are aligned accordingly
• Directs compensation due diligence, cost analysis, retention strategies and other assessments in support of M&A transactions (as needed).
• Supports implementation of Rewards programs in respective regions and provides input and feedback to business leaders and other Rewards team members accordingly
• Partners with TR PMO function to ensure resource availability and change management support is planned where Rewards solutions are being designed and implemented.
All About You
• Demonstrate strong knowledge of Compensation programs, design practices, and administration
• Local understanding of EEMEA markets required
• Demonstrated ability to build cross functional relationships through an understanding of the business
• Able to influence stakeholders across levels and functions
• Able to solve problems while applying creativity to support effective compensation proposals and solutions
• Highly collaborative team player who proactively drives process improvements
• Strong excel, analytical, project management and communication skills and ability to use analytical thinking to leverage data for insights
• Strong attention to detail and sense of urgency
• Ability to prioritize, multi-task and meet deadlines in a fast-paced, dynamic, team environment
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
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.
