Head of Compensation

Global Head Of Compensation

We're on the hunt for a result driven, innovative Global Head of Compensation. Working directly for our Chief People Officer, you will lead MoneyGram’s global compensation programs across more than 30 countries. You'll be the brains behind crafting and putting into action strategies to attract, recognize and retain our top-notch talent.

In this hands-on role, you’ll be the architect to proactively drive the strategy and execution of all global compensation programs.

Here's a snapshot of what you'll be diving into:

• Direct the overall compensation plan design including bonus plans, sales incentive plans, and compensation relative to market.
• Evaluate current compensation design and processes and recommend a simpler and more contemporary approach to drive a high performing, pay for performance culture.
• Understand market landscape to ensure base salary, target bonus and total compensation are market competitive, and align to market and internal equity.
• Manage the Management Incentive Equity Program.
• Lead and simplify the annual merit planning process including determining budgets by country, running a streamlined allocation process, and driving pay for performance.
• Build and develop a high performing team. Evaluate team and organization structure regularly to ensure we have the right structure and people to deliver at the highest level.
• Promote a customer service oriented and high-trust atmosphere to provide the outstanding support to all employees.
• Lead change and communication plans around all compensation programs to improve leader and employee understanding of all programs.
• Ensures proper compliance controls including SOX compliance and other documentation requirements. Partner with Finance team to audit payment amounts prior to distribution to employees to ensure accuracy.
  
  

Here’s the type of leader we’re looking for:

• Results-driven: You’re all about getting things done. With a sense of urgency and a focus on results, you lead the charge to success.
• Compensation Expertise: You live and breathe compensation. You know the ins and outs of design, management, best practices, and market trends like the back of your hand.
• Change Agent: You thrive in a changing, dynamic environment. You proactively identify changing needs of the business and our employees and make appropriate recommended changes and drive the change throughout the organization.
• Building and Developing Talent: You have a track record of building strong teams including hiring, developing, and lead a high performing team, and, empowering them to reach their career goals.
• Influencing and Collaborating for Success: You partner with colleagues to ensure our programs are aligned with our corporate goals, market competitive, properly funded, and compliant. You’ll work to gain support from multiple stakeholders and champion new ideas that require significant organizational change or beliefs.
• Relationship Management Pro: You've got a proven track record of managing relationships with consulting companies, legal firms, auditing firms, and benefit providers. Exceptional knowledge of the financial and key contractual drivers of benefit program costs.
• Analytical Powerhouse: You’re an excel wizard who uses data and analytics to support and drive decision making.
• Master Communicator: Meaningful experience communicating with executive/board level management and the broader organization.
  
  

Requirements:

• Bachelor's degree or equivalent experience
• 8+ years’ experience with a focus in Compensation
• 2+ years of experience in leading teams
• Experience leading global programs a major plus
• Exceptional analytical, project management and presentation skills
• Technically savvy with experience in HRIS and Compensation Systems
  
  

If you're ready to make a difference, we want to hear from you. Let's shape the future of benefits at MoneyGram together. Join the movement at MoneyGram.

Anticipated Base Performance Pay: $150,000 - $200,000 + Participation in our annual bonus plan.

Benefits:

• Remote Flexibility
• Generous PTO
• 13 Paid Holidays
• 22 Weeks of Maternity Leave
• 4 Weeks of Family Bonding
• Medical / Dental / Vision Insurance
• 401K with Employer Match
  
  

Primary Location

United States of America-Texas-Dallas

Work Locations

VIRTUAL EMPLOYEES

Job

HR Center of Expertise

Organization

Human Resources

Full-time

Travel

Yes, 10 % of the Time

Job Posting

Jul 11, 2024, 4:55:45 PM