Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title and Summary
Manager, Total Rewards
Overview
• Supports the design and development of compensation programs, contributing to a rewards strategy that recognizes diverse employee needs.
• Collaborates with partners within and outside Total Rewards to ensure a superior experience of compensation programs for all Mastercard employees.
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• Contributes to building and maintaining competitive and equitable Total Rewards practices, with a focus on compliance with evolving regional regulations, particularly in European markets.
Responsibilities
• Supports the design and development compensation strategies, and programs.
• Support the management of compensation programs, including base salary, variable pay, and annual compensation cycles.
• Provides support for geographic compensation reviews, including reviewing compensation programs, pay mix changes, target changes, and salary structures.
• Supports the design and delivery of training and education for managers, employees, and P&C on total rewards topics.
• Supports compliance with the EU Pay Transparency Directive, including preparation of required pay gap reporting, ensuring pay transparency in job advertisements and offers, and communication and education for employees and managers.
• Supports initiatives related to pay fairness, compliance, and governance, including pay transparency, living wage interventions, local gender pay regulatory reporting, and responding to economic volatility.
• Assists with analysing market data and reviewing internal salaries, allowances, and variable compensation to ensure competitiveness.
Experiences/Skills requirements
• Strong understanding of compensation practices, benchmarking methodologies, and regulatory requirements.
• Experience supporting the design of competitive compensation programs based on best practices in a global organization.
• Successfully managed vendor and consultant relationships to deliver high quality solutions that meet timelines and budgets.
• Ability to interpret data, identify trends, and present actionable insights.
• Proficient in Excel and familiar with compensation tools or HRIS systems (e.g., Workday, Comptryx, Payfactors, Radford, etc.).
• Strong interpersonal and communication skills; able to build relationships across levels and functions in a geographically diverse team.
• Comfortable working independently and managing multiple priorities in a dynamic environment.
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
- Abide by Mastercard's security policies and practices;
- Ensure the confidentiality and integrity of the information being accessed;
- Report any suspected information security violation or breach, and
- Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.