Full-Time

Manager – Total Rewards Systems

Posted on 1/16/2025

Mastercard

Mastercard

10,001+ employees

Facilitates secure digital payment transactions

Fintech
Financial Services

Mid, Senior

O'Fallon, MO, USA + 1 more

More locations: Miami, FL, USA

Category
Human Resources
People & HR
Required Skills
Power BI
Python
Groovy
Java
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Expertise in Java, Groovy and other relevant languages
  • Experienced in HRIS, Financial Systems, or other related roles
  • Technical Expertise in Power Query/BI, Excel, and other data analysis functions
  • Strong excel, analytical, and modeling skills with the ability to analyze complex data and draw meaningful conclusions
  • Ability to develop and grasp complex technical requirements and implement solutions in systems leveraging relevant coding languages and other technical solutions as necessary
Responsibilities
  • Oversee the day-to-day system administration of Total Rewards platforms
  • Leverage coding skills (e.g. Java, Groovy, Python) to customize and optimize system functionalities and develop scripts or automation tools as needed
  • Assess existing Total Rewards systems, identify areas for improvement, and implement enhancements
  • Collaborate with cross-functional teams to integrate Total Rewards systems with other HR and business applications as needed
  • Manage the technical and systematic execution of annual compensation reviews, benchmarking, salary structure adjustments, year-end reviews, and other major compensation activities
  • Responsible for ensuring data accuracy, troubleshooting issues, and maintaining system integrity in Total Rewards systems
  • Work closely with Compensation Design and Total Rewards Partners to understand compensation needs and translate into specifications and requirements that can be implemented in Total Rewards systems
  • Responsible for ensuring Total Rewards systems are compliant with internal and external compliance initiatives (e.g. Sarbanes-Oxley)
  • Develop and utilize data analytics in our Total Rewards systems to derive insights and inform decision-making related to our compensation programs
  • Ensure operational excellence by creating and maintaining documented processes, measuring the service levels provided to employees and managers, and implementing continuous improvement efforts as appropriate by streamlining processes and implementing efficiency enhancements
  • Manage relationships with external vendors, support with contract negotiation and execution, and oversee service delivery
  • Interface with Global Business Services Center (GBSC) as necessary to ensure inquiries and escalations from managers and employees are addressed
  • Liaise with payroll team and finance to ensure smooth execution of compensation programs/processes
Desired Qualifications
  • Experience with PeopleFluent a plus

Mastercard operates in the payments industry, focusing on building an inclusive digital economy. The company connects individuals, financial institutions, governments, and businesses through secure data and networks. Mastercard facilitates transactions by charging fees to merchants and financial institutions for processing payments. It serves a wide range of clients across over 210 countries and territories, aiming to make transactions safe, simple, and accessible. Mastercard differentiates itself from competitors by leveraging partnerships and innovative technologies to promote growth and sustainability. The company's goal is to create a more inclusive financial system that benefits everyone.

Company Stage

M&A

Total Funding

$9M

Headquarters

Harrison, New Jersey

Founded

2007

Simplify Jobs

Simplify's Take

What believers are saying

  • Biometric payment solutions offer Mastercard new sector expansion opportunities.
  • Blockchain interoperability enhances Mastercard's crypto payment offerings.
  • Resurgence of brick-and-mortar commerce boosts demand for Mastercard's POS solutions.

What critics are saying

  • Increased competition from fintechs like Stripe and Square threatens market share.
  • Cryptocurrency adoption challenges traditional payment systems Mastercard relies on.
  • 'Buy now, pay later' services may reduce traditional credit card usage.

What makes Mastercard unique

  • Mastercard's global reach spans over 210 countries and territories.
  • The company leverages innovative technologies to enhance secure and accessible transactions.
  • Mastercard's decency quotient (DQ) drives its unique corporate culture and operations.

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Benefits

New Parent Leave

Inclusive Family Building Benefit

Employee Family Resource Program

Bereavement Leave

Dependent Scholarship

Employee Assitance Fund

Business Resource Groups

Employee Recognition

Flexible Work

Tuition Assistance

Travel Assistance

Matching Charitable Gifts