Global Compensation Manager

3 weeks ago

Gurgaon, Haryana, India Boston Consulting Group Full time

Who We Are

BCG pioneered strategy consulting more than 50 years ago, and we continue to innovate and redefine the industry. We offer multiple career paths for the world's best talent to have a real impact on business and society.  As part of our team, you will benefit from the breadth and diversity of what we are doing today and where we are headed next. We count on your authenticity, exceptional work, and strong integrity. In return we are committed to supporting you in discovering the most fulfilling career journey possible—and unlocking your potential to advance the world

What You'll Do

This role will be responsible for supporting annual compensation programs and processes, bringing in technical compensation expertise to support and engage with local HR/BU teams and end users. It will sit within the Global Compensation COE and act as a key part of the programs team. Responsibilities will include:

  • Support annual comp programs and processes: Support the effective setup, maintenance and execution of annual compensation programs and processes, enabled by new digital tools. This will include completing preparation activities, maintaining documentation, performing analysis, conducting data audits, testing and QA, enabling rollout/launch of programs/processes and maintaining operational calendar to drive clarity of timelines and sequencing of activities.
  • Drive process improvements: Continuously assess and refine compensation workflows, identifying opportunities for innovation and operational improvements, through digitization and technology tools.
  • Provide support to HR teams/end users: Serve as a key resource for local HR teams/business units across multiple countries, providing day-to-day support by answering questions, resolving issues, and ensuring smooth program execution, along with data collection and understanding local nuances.
  • Design and deliver trainings/comms materials: Develop and roll out engaging training materials to upskill HR, business leaders and end users on the annual compensation programs, processes, tech systems, tools, philosophy and best practices. This will enable the smooth implementation and adoption of comp processes and tools across the firm.
  • Collaborate with cross-functional teams: Work closely with IT/data product portfolio, HR, finance, and other teams to support system functionality, data accuracy, and overall success of annual compensation programs/processes.
  • Drive engagement and build relationships: Contribute to building relationships with local HR teams/business units across all BCG countries, fostering collaboration and trust, whilst enhancing their understanding and supporting successful rollout of specific annual compensation programs/processes.
  • Support technical design: Support and provide input to technical design, particularly with regards to Workday-related comp modules, representing the functional needs of both the Global Comp COE and local HR teams. This will include contributing to the design of future system capabilities, as well as process flows, inputs and dependencies, balancing global guardrails with local adaptability needs.
    • Technical design will span all cohorts within BCG, and will require a detailed understanding of different compensation practices by cohort/BU.
    • Technical design will involve multiple Workday-related modules, including using Workday for: salary increase processes, single-source-of-truth for cash compensation, visibility of compensation, and new communication capabilities.
  • Risk Management and Problem Solving: Proactively identify risks, flag issues to leadership and suggest possible mitigation strategies to keep programs/processes on track and deliver results.

What You'll Bring

  • Bachelor's degree required; Master's/MBA a plus.
  • 8+ years of corporate/consulting compensation experience.
  • Expertise in different compensation models, structures and vehicles.
  • Familiarity with HR information systems, best practices and leading market approaches.
  • Experience working across multiple geographies.
  • Familiarity with professional services companies and business models a plus.
  • Proven ability to design creative solutions to ambiguous problems.
  • Proven stakeholder management and relationship building skills.
  • Strong written and verbal communication skills.
  • A continuous improvement mindset.

Who You'll Work With

  • Local HR and Business Unit teams, and end users
  • HR, IT and Finance teams
  • Other global functions such as Legal, Procurement, Information Security etc

Additional info

The Compensation Manager in this role will be part of BCG's Global Compensation team, partnering day to day with local HR country teams / business units, and working closely with other teams including IT/HR/Finance. In this role the Compensation Manager will need to be able to demonstrate the following behaviours:

  • Partnering with diverse stakeholders, building trusted relationships, fostering trust, collaboration, and alignment across different local HR/BU teams.
  • Influencing skills to navigate different perspectives, with the ability to gain buy-in and communicate complex concepts clearly to others.
  • Understanding compensation practices and providing technical compensation input to others.
  • Business partnering and delivering compensation expertise across a range of compensation topics.
  • Structuring, planning and prioritising work effectively.
  • Data modelling and analysis.
  • Navigating ambiguity, balancing multiple priorities, remaining composed under pressure.
  • Taking ownership, driving towards required outcomes, being self-motivated and taking the initiative.
  • Working within a fast paced and complex environment.

Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
BCG is an E - Verify Employer. Click here for more information on E-Verify.

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