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Manager, Compensation Denver, Colorado

Are you ready to offer up your skills to a worldwide company committed to making financial services accessible to people everywhere? Are you looking to build a career with great impact in an inclusive and high-performing organization? Join Western Union as a Manager, Compensation!


Western Union powers your pursuit

The Manager, Compensation covers over 2,000 Western Union colleagues spanning across the US, Canada, and the Americas and is responsible for the analysis of and administration for compensation programs for all Western Union business units/locations operating within the region. This role is based in Denver and reports to the Director, Global Compensation. The Manager acts as a functional advisor and will partner with the HR leaders in the region to develop and implement system-wide compensation programs under the guidance of the overall company philosophy. This role requires innovation, excellent communication and relationship management with a heavy emphasis on compensation management.

Responsible for participating in the design, development and implementation of policies and programs of the Compensation function. Ensures programs are internally consistent and standardized, externally competitive, fiscally responsible, and are consistent with the strategic direction of the overall compensation philosophy. Provides guidance in the planning, organizing, developing, implementing and evaluation of region-wide Compensation policies, practices, and procedures, in accordance with applicable contracts, laws, system and institutional policies and procedures. Acts as a consultant to HR Partners and Line Managers regarding all aspects of pay issues, including compensation program design and evaluation, ad hoc market analysis, jobs evaluation, etc.

The incumbent will be participating in program design with HR peers as well as with corporate compensation experts. Moreover, s/he will work closely with the corporate compensation team on global projects and also to ensure appropriate consistency across the region.


Role Responsibilities

Conducts an annual benchmarking review, leveraging data from survey sources to determine internal and external competitiveness.
Utilizes data-driven insights and comprehensive analytics to recommend and implement best practices in the development, administration, and implementation of performance-based compensation programs.
Designs and delivers ad hoc compensation analyses for the People Team and the business, focusing on actionable insights.
Takes a leadership role in delivering the global annual compensation planning process (annual review base pay, bonus, equity awards)
Manages the development of dynamic salary structures and provides market pricing recommendations to ensure competitiveness.
Evaluates and market prices each role within the Regional area responsible throughout the year, ensuring accurate job matches, salary ranges are market competitive and aligned with market
Enhances market knowledge by actively participating in wage surveys and spot-surveys, staying updated on industry compensation trends.


Role Requirements

Minimum of eight to ten years of progressively increasing Compensation design and management experience.
Must have experience in successfully assessing, developing, and implementing the principals of compensation in an organizational setting, exercising responsibility in monitoring and complying with local regulations, compensation/benefits administration, and communication.
Requires a high level of interpersonal communication skills to be able to work and assist managers and employees throughout the Region as well as influence senior leaders. In-depth knowledge of compensation within the region is critical.
Bachelors degree or equivalent commercial education as well as a CCP or GRP certification or equivalent required.


We make financial services accessible to humans everywhere.

Join us for whats next.

Western Union is positioned to become the worlds most accessible financial services company transforming lives and communities. Were a diverse and passionate customer-centric team of over 8,000 employees serving 200 countries and territories, reaching customers and receivers around the globe. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward.

Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. Youll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If youre ready to help drive the future of financial services, its time for Western Union. Learn more about our purpose and people at (link removed)


Salary

The base salary range is $100,000-140,000 USD per year, total on target compensation includes a base salary and short-term incentives that align with individual and company performance. Actual salaries will vary based on candidates qualifications, skills, and competencies


Benefits

You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few((link removed)). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment.

Your United States Specific Benefits Include
Family First Program
Time off
Medical, Dental and Life Insurance
Student Loan Repayment Program
Tuition Assistance Program
Parental Leave

Western Union values in-person collaboration, learning, and ideation whenever possible. We believe this creates value through common ways of working and supports the execution of enterprise objectives which will ultimately help us achieve our strategic goals. By connecting face-to-face, we are better able to learn from our peers, problem-solve together, and innovate.

Our Hybrid Work Model categorizes each role into one of three categories. Western Union has determined the category of this role to be Hybrid. This is defined as a flexible working arrangement that enables employees to divide their time between working from home and working from an office location. The expectation is to work from the office a minimum of three days a week.

We are passionate about diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.
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Estimated Job Posting End Date:03-25-2024
This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.