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Manager, Compensation
4 months ago
Job Description
This position, located at McDonald’s headquarters in Chicago’s West Loop, will support our Corporate Globalized Functions. This role will be responsible for design and the day-to-day analysis, evaluation, execution, and communication of programs and policies related to compensation. The Compensation Manager will work cross-functionally with HR Business Partners (HRBPs), Functional Leaders, Organizational Design and the Global Total Rewards (GTR) team to ensure our Corporate employees are competitively rewarded across the globe.
Responsibilities:
Provide support and guidance to HRBPs through the waved implementation of a new Human Capital Management system
Oversee GTR approval for the enterprise Hiring Governance process
Evaluate new roles for adherence to McDonald’s global job leveling criteria using Mercer’s IPE (International Position Evaluation) Tool
Market price staff positions at all levels of the organization utilizing external market data and internal position comparisons to aid in the development and maintenance of salary range structures by country
Maintain the external market data management system, Payscale, and serve as subject matter expert on market data and related reporting
In partnership with Talent Acquisition, prepare compensation recommendations to facilitate promotions, lateral job changes, and international transfers
Act as the GTR focal for the Annual Compensation Cycle, educating managers on the process and timeline, reviewing merit, adjustment and LTI recommendations, providing rollup reporting to Functional Leaders and HRBPs, and participating in compensation planning calibration sessions
Conduct adhoc analysis as needed to support data driven decision making
Partner with other Total Rewards team members to develop education/communication materials on compensation fundamentals and identify opportunities to streamline, standardize and enhance existing processes
