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About the role
- Vice President leading Total Rewards initiatives for Mastercard. Ensuring competitive compensation and consulting with business units to enhance employee experience.
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.
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.
Benefits
- insurance (including medical, prescription drug, dental, vision, disability, life insurance)
- flexible spending account and health savings account
- paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave)
- 80 hours of Paid Sick and Safe Time
- 25 days of vacation time and 5 personal days, pro-rated based on date of hire
- 10 annual paid U.S. observed holidays
- 401k with a best-in-class company match
- deferred compensation for eligible roles
- fitness reimbursement or on-site fitness facilities
- eligibility for tuition reimbursement
- many more.
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