Director, Compensation
Company: McKesson
Location: Irving
Posted on: January 23, 2023
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Job Description:
McKesson is hiring a Director, Compensation, we are seeking an
accomplished, compensation and thought leader who can provide
compensation strategy and advisory guidance to our Senior
Executives and Strategic HR Business Partners aligned to our most
strategic and high-growth business units. This role will lead a
team of Compensation Analysts as well as support the Corporate
Functions (HR, Technology, Finance, Corporate Strategy and Legal).
This role is expected to help understand the market segmentation
for these high-growth business units, and then develop market
competitive compensation design, structure and guidance that
differentiates McKesson as an employer of choice across Health Care
so we can attract, retain, motivate and develop great talent.
Position Description The Director, Compensation will report
directly to the VP, Compensation and will interface directly with a
client group that includes Senior Executives, Strategic HR Business
Partners, and various People Leaders across the enterprise. They
will also be part of a Global Compensation COE that includes
Compensation Consultants & Analysts that provide strategic and
advisory support to each of our business units and functional
segments. Responsible for leveraging diverse experiences, in-depth
knowledge of compensation programs, prevalent market practices and
data analytics in order to help inform our compensation-related
decisions that create a total rewards opportunity for our employees
that is both market competitive and part of a compelling Employee
Value Proposition. Must have an "Enterprise First" mindset when
determining solutions and providing guidance. Partners with our
functionally aligned Compensation Analyst team to complete work
needed to support each business unit and client group. Key
Responsibilities Consulting & Advisory Provide insight and
leadership to team members and executives that will contribute to
shaping the way we think about attracting and retaining the best
talent at McKesson Develop deep understanding of each business unit
segmentation in order to determine the appropriate compensation
strategy and guidance that aligns with the business strategy.
Engage, influence, and provide concise guidance and recommendations
to various audiences, including Senior Executives, Strategic HR
Business Partners, People Leaders and HR Teams. Educate client
groups and stakeholders in a way that expands their understanding
of our compensation philosophy, principles and programs by
leveraging our HCM data analytics and market intelligence. Advise
on compensation strategy, programs, and related matters while
balancing business acumen, total rewards expertise, and
relationship building skills. Compensation Design & Annual Process
Lead our Annual Compensation Review process, Ad Hoc compensation
projects, and various other compensation-related initiatives for
each client group. Provide thought leadership and guidance to our
team of Compensation Analysts and/or other Compensation Consultants
across the Global Compensation COE team. Partner in the rollout of
enterprise-wide compensation programs; and occasionally
participate/lead project teams on compensation-related initiatives.
Act as our lead Compensation subject matter expert on various
cross-functional HR projects and certain Merger & Acquisition work.
Minimum Requirements Typically requires 12 years' experience as a
Compensation Consultant, or related compensation experience. 4
years management experience Bachelor's degree in HR, Business or
Finance; or equivalent experience. Critical Skills Demonstrated
successfully leading, coaching and developing a team of
compensation experts Experience and proven expertise in multiple
compensation practice areas (for example, executive pay,
broad-based pay, variable/long-term incentive compensation, equity
compensation and sales compensation programs). Foundational
compensation design expertise and program knowledge in multiple
practice areas (for example, benchmarking, job evaluations, career
progression, market research, survey benchmarking and performance
management). Compensation experience in a large, complex, publicly
traded organization. Demonstrated competency and acumen for
understanding complex, strategic Business Unit goals and developing
appropriate compensation solutions and guidance that best aligns
with McKesson's overall HR and people strategy. Strong
quantitative/analytical skills with proven capability to
communicate findings in a clear and concise manner for various
audiences. Preferred Skills Naturally conscientious about providing
an accurate, quality and thorough work product. Ability to handle
sensitive information with the highest degree of integrity and
confidentiality. Ability to interact and communicate with all
levels of the organization, mindful of the culture and diversity of
the audience. Ability to prioritize tasks and handle numerous
assignments simultaneously. Ability to prioritize in a
high-pressure, fast-paced environment. Technology savvy with
Microsoft (PowerPoint, Excel, Word and Teams) and Workday HCM.
Strong learning and inquisitive skill set. Ability to problem solve
and adapt quickly to changing circumstances. Strong verbal
communication, writing and interpersonal skills along with the
ability to form strong cross-functional relationships. Must have a
team player mindset, actively take initiative and have a strong
work ethic. Demonstrated use of analytical skills and problem
solving/critical thinking skills. CCP Preferred Physical
Requirements General Office Demands Limited travel At McKesson, we
care about the well-being of the patients and communities we serve,
and that starts with caring for our people. That's why we have a
Total Rewards package that includes comprehensive benefits to
support physical, mental, and financial well-being . Our Total
Rewards offerings serve the different needs of our diverse employee
population and ensure they are the healthiest versions of
themselves. For more information regarding benefits at McKesson,
please click here. As part of Total Rewards, we are proud to offer
a competitive compensation package at McKesson. This is determined
by several factors, including performance, experience and skills,
equity, regular job market evaluations, and geographical markets.
In addition to base pay, other compensation, such as an annual
bonus or long-term incentive opportunities may be offered. Our Base
Pay Range for this position $132,300 - $220,500 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_AccommodationMcKesson.com . Resumes
or CVs submitted to this email box will not be accepted. Current
employees must apply through the internal career site. Join us at
McKesson
Keywords: McKesson, Irving , Director, Compensation, Human Resources , Irving, Texas
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