Senior Compensation Consultant

McKesson   •  

Dallas, TX

Industry: Healthcare

  •  

11 - 15 years

Posted 42 days ago

McKesson is hiring a Senior Compensation Consultant in Irving, TX.� The Senior Compensation Consultant will provide compensation support to the Corporate Functions.��

They will apply experienced, in-depth knowledge of compensation programs and data analysis to inform compensation-related decisions and improve the effectiveness of compensation strategies and programs.��Uses technical expertise to work on complex problems where analysis requires rigorous evaluation of multiple factors and data sources.��

Position Description

  • Develop deep understanding of the business and Functions to manage the compensation strategy that aligns with the business/functional strategy.
  • Client interaction: Engage, influence, and provide consultation to various audiences, including HR Business Partners, senior management and executives.� Provide advice to partners in a way that expands the understanding of compensation principles and programs, and maintains data integrity and compliance with guidelines.
  • Partner with our HRBPs to advise and influence senior/people leaders in compensation strategy, programs, and issues while balancing business acumen, reward expertise, and relationship skills
  • Advise stakeholders to expand their understanding of compensation principles and programs, and compliance to enable well-informed decisions
  • Lead various compensation projects and initiatives in the business, such as the Annual Compensation Review
  • Participate as Compensation Subject Matter Expert in cross-functional projects, such as Mergers & Acquisitions
  • Provide guidance and expertise to Compensation Analysts or other Compensation Consultants on the team.
  • Assist in the rollout of enterprise-wide compensation program/policy changes; may lead/participate in project teams

Typical qualifications

  • 10+ years of relevant experience. Degree or equivalent

Critical Skills

  • Minimum 10 years Compensation experience and exhibited expertise in 1 or 2 Compensation practice areas (e.g., equity, executive, base pay, variable/sales programs), preferably in a large, complex organization or corporate setting.
  • Additional, foundational compensation knowledge -�benchmarking, job evaluations, market research, compensation reviews, survey benchmarking
  • Ability to understand BU and HR strategy and the alignment with compensation, with the capability to Interpret internal/external requirements and recommends solutions/best practices, and alternatives.
  • Strong quantitative analysis skills with ability to communicate findings in a clear, concise manner.

Preferred Skills and Experience

  • Naturally conscientious about providing accuracy, quality control and thoroughness in reviewing data and work
  • Works on problems of diverse scope where analysis of data requires evaluation of identifiable and unidentifiable factors.
  • Possesses business acumen on HR matters, ability to influence, interact and work effectively across Total Rewards function and other related functions, e.g. Talent Management, Talent Acquisition, HR Business Partners, Compensation Consultants, and external vendors.
  • Provides critical thinking and problem solving, working with limited direction.
  • Provides additional, relevant information than may not have been part of the original ask.
  • Provides analysis that identifies the issue, provides understanding, insights, and actionable conclusions.
  • CCP Preferred

Certification

  • CCP Preferred

Physical Requirements

  • General Office Demands
  • Computer-based work

JOB FAMILY SUMMARY: Responsible for the development, implementation, maintenance and administration of the organization's compensation programs including incentive plan and stock option to insure the achievement of equitable and competitive employee compensation. Conducts job evaluation, prepares salary surveys, establishes salary structures, develops salary budgets and elaborates policies and procedures. CAREER LEVEL DESCRIPTION: Progression to this level is determined by business need but should be restricted and rare. �Recognized expertise in own area within the organization. � Is a lead contributor to their team and the organization as a whole. May get involved in developing, mentoring or coaching others. May lead teams and/or complex projects; may utilize significant internal or external resources to accomplish goals KNOWLEDGE: Applies advanced principles, theories, and concepts. �May be regarded as 'in-house' expert on specific technologies. �Conducts projects requiring additional specialized knowledge. �Contributes to the development of innovative principles and ideas. PROBLEM COMPLEXITY: Works on unusually complex problems and provides solutions that are highly creative. �Uses independent judgement to accomplish objectives. MINIMUM EDUCATION & TYPICAL EXPERIENCE OR EQUIV. COMBINATION: Works under consultative direction toward predetermined long-range targets. Determines and pursues courses of action essential in obtaining desired outcomes. �Goals generally communicated in 'solution' or project goal terms.

Internal Use Only

P5

McKesson is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.Qualified applicants will not be disqualified from consideration for employment based upon criminal history.McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to Disability_Accommodation@McKesson.com. Resumes or CVs submitted to this email box will not be accepted.Current employees must apply through internal career site.Join us at McKesson! Apply