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Global Rewards Director

2 months ago

Denver, Colorado, United States Western Union Full time
Job Summary

We are seeking a highly skilled and experienced Global Rewards Director to join our team at Western Union. As a key member of our compensation and benefits team, you will play a crucial role in shaping and executing our global compensation strategy.

Key Responsibilities
  • Strategic Compensation Planning: Contribute to the development and execution of our global compensation strategy, ensuring alignment with our overall business goals and market competitiveness.
  • Leadership and Management: Direct the work of a global compensation team, ensuring fit-for-purpose compensation frameworks and principles designed to attract, retain, drive performance and engagement of employees at all levels.
  • Stakeholder Collaboration: Key advisor to senior leadership, HR Partners, and business leaders to support and deliver on the talent strategy and organizational performance, solve complex challenges, and support business unit priorities for assigned functional areas.
  • Program Design and Implementation: Lead the design and implementation of compensation programs, including base salary, variable pay, and incentive plans.
  • Market Analysis and Benchmarking: Keep current and use data-driven insights from comprehensive market research and benchmarking to assess compensation trends, salary structures, incentive plan design, and other reward strategies.
  • Data Management and Reporting: Oversee the management of compensation data and analytics, providing regular reports and insights to senior management on compensation trends, program effectiveness, and ROI.
  • Compliance and Governance: Ensure all compensation practices and programs comply with relevant laws and regulations across different countries.
Requirements
  • Minimum of 10-12 years of progressive experience in compensation and benefits, with at least 7 years in a leadership role overseeing global compensation strategies.
  • Strong knowledge of compensation principles, market benchmarking, and regulatory compliance.
  • Proven ability to analyze complex data, develop strategic insights, and communicate findings effectively to senior stakeholders.
  • Excellent interpersonal skills with the ability to influence and collaborate with diverse teams and leaders.
  • Experience working in a multinational corporation and understanding of global compensation practices.