Principal Compensation

2 weeks ago

Deerfield, United States WALGREENS Full time

**Job Summary**:
**Responsibilities**:

- Provides advanced guidance and counsel to business leaders, Human Resources Business Partners, and team members on all aspects of compensation, rewards, and organizational design.
- Provides guidance and counsel to other professionals within HR to expand the Compensation knowledge base and competency of team members.
- Develops, fosters, leads, and enhances the customer service, product and service delivery of enterprise-wide and divisional compensation programs to ensure that customer needs are met within appropriate timelines.
- Leads or is solely responsible for all job evaluation activities associated with major division/department reviews, reorganizations and/or mergers, acquisitions, and divestitures. Proactively provides alternative organizational design constructs to optimize the business’ operational performance and deliverables, eliminates waste, and streamlines business performance and outcomes.
- Manages complex ad-hoc compensation projects and initiatives. Projects may include company-wide pay reviews or change to the pay structures.
- Keep current in all aspects of compensation through formal and informal training, participation in local and national professional organizations, continues learning and reading, and general professional curiosity.
- Develops, implements, and validates processes and systems to enhance the compliance and accuracy of all aspects of the job evaluation process.
- Coaches and counsels HRBPs, TA team members, and others within the Human Resources division on all aspects of the Walgreens’ reward philosophy, market pricing, internal equity, job evaluation, broadband structure, salary program design and administration, job titling and all other aspects of compensation to ensure that Walgreens is able to effectively recruit and retain top-tier talent. Understands the business organization structure and culture to best attain objectives and results.
- Develops, analyzes, and makes recommendations for compensation programs in support of specific business units within the Company to ensure they are competitive within the market, position, and industry. May meet with senior level executives to present programs, answer questions, and gain approval of compensation programs.
- Leads the conducting or completing of compensation analysis and reporting needed for internal or external audit or compliance or regulatory requirements.

**About Walgreens and WBA**:
An Equal Opportunity Employer, including disability/veterans".

**Basic Qualifications**
- Bachelor’s Degree and at least 2 years of compensation experience; OR High School Diploma or GED and at least 5 years of compensation experience.
- Experience with confidentiality requirements associated with the practice of Human Resources, in general, and Compensation, specifically.
- Intermediate level skill in Microsoft Word (for example: inserting headers, page breaks, page numbers and tables and/or adjusting table columns).
- Advanced level skill in Microsoft Excel (for example: using AVERAGE function, merging and centering cells, printing centered page and/or creating a pivot table).
- At least 1 year of direct leadership, indirect leadership and/ or cross-functional team leadership.
- Willing to travel up to 10% of the time for business purposes (within state and out of state).

**Preferred Qualifications**
- Bachelor's Degree in a related field such as Human Resources or Business Administration and at least 4 years of compensation experience.
- Master’s Degree / MBA.
- Experience in Human Resources outside of Compensation such as working as a generalist, business partner, or in benefits, recruiting, talent development, HRIS, or other HR function.
- Experience with incentive compensation plan designs, development, deployment, and measurement.
- Experience with maintaining, administering or using compensation systems, such as REWARD/PayReview, and knowledge of HRIS analytics as they pertain to compensation functions.
- Experience evaluating information to determine compliance with standards, laws, and regulations.
- Certified Compensation Professional (CCP) as granted by World at Work.

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