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 centers 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.
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:
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. 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.
