Marathon Petroleum

Vice President, Total Rewards

Marathon Petroleum$210K — $250K *
Business Services
15+ years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in human resources, business administration, or related field.
  • 20+ years of experience in compensation and benefits or closely related function, with increasing leadership roles.
  • Experience presenting to Compensation Committee/Board of Directors and working with Executive Leadership.
  • Preferred: Experience leading a global Total Rewards function.
  • Preferred: Experience managing M&A, divestitures, and large-scale organizational change.

Responsibilities

  • Drive the strategic design and execution of Total Rewards philosophy.
  • Deliver comprehensive Total Rewards programs to attract and retain talent.
  • Lead the Total Rewards team to ensure competitive and equitable programs.
  • Enhance team, processes, and systems through continuous improvement initiatives.
  • Ensure compliance with legal and regulatory requirements.
  • Foster relationships with internal stakeholders and external vendors.
  • Stay current on market trends and industry practices in Total Rewards.

Benefits

  • Lead global health, welfare, relocation, and retirement plans design and administration.
  • Manage benefit program effectiveness while overseeing consulting partnerships.
  • Collaborate with various departments to align wellness initiatives and employee benefits support.
Full Job Description
Position Overview:

The Vice President, Total Rewards provides leadership to the compensation and benefits team and serves as a key member of the human resources leadership team. This position reports to the CHRO & SVP Communications, leading a team of approximately 25.

The Vice President, Total Rewards is involved in all aspects of global compensation across the organization including the design, policy and administration of compensation and executive compensation programs. The position prepares documents and participates in the Board of Director Compensation and Organization Development Committee meetings.

The Vice President, Total Rewards has overall responsibility for the health, welfare and retirement benefit plans. The position leads the development, communication and administration of employee benefit programs for employees located globally.

Key Responsibilities:

Total Rewards Leadership
  • Drive the strategic design and execution of the Total Rewards philosophy.
  • Deliver Total Rewards programs, including executive compensation, compensation, health and welfare benefits, retirement savings benefits, HR policies, and relocation, creating a compelling Total Rewards program that attracts and retains employees.
  • Lead the Total Rewards team to develop and execute programs that are competitive, internally equitable and achieve the results and behaviors that are aligned to business needs and goals.
  • Lead continuous improvement initiatives to enhance the effectiveness and efficiency of the team, processes and systems.
  • Ensure legal and regulatory compliance and manage reporting and disclosures.
  • Foster effective relationships with all stakeholders; both internal groups (HR, Operations, Finance, Communications, and Law) and external third-party vendors to ensure accurate, efficient, and timely services.
  • Stay abreast of trends, market conditions, industry best practices, and vendor capabilities and new developments.


Compensation
  • Manage and oversee the design, implementation, administration, maintenance and reporting of global compensation programs and initiatives.
  • Develop materials for the Compensation and Organization Development Committee of the Board of Directors, including preparation meetings with the Committee Chair and the Committee's independent consultant. Participate in committee meetings.
  • Oversee the components of a business aligned and compliant compensation function including base pay management, short and long term incentive plans, market data and benchmarking, compensation structures and systems, compensation budget and equity analysis.


Benefits
  • Lead the global design and administration of health and welfare, relocation and retirement plans.
  • Assess the effectiveness of benefit programs, manage benefit spend, and oversee benefit consulting partnerships.
  • Collaborate with Health Services and the Enterprise Business Services organizations to provide aligned wellness initiatives and employee benefits support.


Qualifications & Experience:

Required Experience
  • Bachelor's degree in human resources, business administration, or a related field.
  • 20+ years of experience in compensation and benefits, or a closely related function, including multiple leadership roles with increasing responsibility and scope.
  • Experience presenting to Compensation Committee/Board of Directors members and working with Executive Leadership.


Preferred Experience
  • Leading a global Total Rewards function and developing Total Reward programs.
  • Contributing to due diligence assessments and managing M&A, divestitures, and large-scale organization change.
  • Managing in an HR shared service environment with matrixed leadership.


Location:
Findlay, Ohio

Additional locations:
Houston, Texas

Job Requisition ID:


Location Address:
539 S Main St

Education:
Bachelors (Required)

Employee Group:
Full time

Employee Subgroup:
Regular

About Marathon Petroleum

Marathon Petroleum Corporation (MPC) is in the business of creating value for their shareholders through the quality products and services they provide for their customers. They strongly believe how they conduct their business is just as integral to their bottom line. As a result, they strive to always act responsibly with those who work for them, with those business partners who work with them, and in every community where they operate.

Marathon Petroleum Careers

Joining Marathon Petroleum means becoming part of a leading global team in the energy sector, where job opportunities abound for those eager to advance their careers in a dynamic and inclusive environment. As one of the largest refining companies in the world, Marathon Petroleum is at the forefront of transforming the energy landscape.

Work You’ll Do

At Marathon Petroleum, your work will directly contribute to the company's ongoing success and leadership in the industry. You will collaborate with skilled professionals dedicated to innovation and excellence in all aspects of the energy sector. Our team's combined expertise fuels Marathon Petroleum's commitment to sustainable energy solutions and operational excellence.

Innovate and Lead

Step into a role that challenges and excites with Marathon Petroleum. Here, innovation isn't just a buzzword—it's a call to action. Our leadership is committed to fostering a culture where new ideas lead to groundbreaking solutions. This commitment to innovation and leadership is woven into every aspect of our business, from refining operations to environmental strategies.

Grow and Develop

Marathon Petroleum is deeply invested in the professional growth and development of its employees. We offer a variety of training and development programs, including leadership development, diversity training, and technical skills enhancement. Whether you're starting as an intern or a seasoned professional, you’ll find a pathway to personal and professional growth with us.

Be Part of Our Team

Our team at Marathon Petroleum is driven by a shared mission to excel. By joining us, you'll work alongside dedicated professionals who are passionate about their roles and the impact they have on the company and the industry. Our collaborative environment supports career advancement and fosters a culture of professional enrichment.

Diversity and Inclusion

At Marathon Petroleum, we believe diversity drives innovation. Our inclusive culture welcomes all perspectives and encourages a diverse workforce that reflects the communities we serve. We are committed to providing equal employment opportunities, ensuring that all team members have the resources they need to succeed.

Explore Job Opportunities

Marathon Petroleum offers a range of job opportunities across various functions of the business. From internships that provide real-world experience to full-time positions in engineering, business, and more, there’s a place for your skills and passions here.

Future-Proof Your Career

With Marathon Petroleum, you are not just finding a job; you are building a career equipped with the tools for success in the ever-evolving energy sector. Our robust benefits package supports your health, well-being, and financial security, allowing you to focus on professional development and career advancement.

Stay Connected

Join Our Team Discover the exciting career opportunities waiting for you at Marathon Petroleum. Search open positions that match your skills and interests. We are always on the lookout for curious, creative, and driven team members.

Keep Up to Date

Stay informed with the latest company news, industry insights, and career tips—all from the people who work here. Marathon Petroleum is more than a company—it's a community where you can grow, innovate, and lead.

Job Alert Emails

Customize your experience by subscribing to receive job alerts and insider information tailored to your preferences. Explore the rewarding opportunities that await at Marathon Petroleum.

Join Marathon Petroleum—where careers fuel futures.

Learn more about Marathon Petroleum
Size
17,700 employees
Market Cap
$53 billion
Industry
Net Income
-$9.8 billion
Founded
2005
5 Year Trend
+13.8%
Revenue
$74.9 billion
NASDAQ

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