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Lead Compensation Consultant - GBS

Company: Arthur J. Gallagher & Co.
Location: Rolling Meadows
Posted on: March 20, 2023

Job Description:

Gallagher is a global leader in insurance, risk management and consulting services. We help businesses grow, communities thrive and people prosper. We live a culture defined by The Gallagher Way, our set of shared values and guiding tenets. A culture driven by our people, over 30,000 strong, serving our clients with customized solutions that will protect them and fuel their futures.Position Summary: -Reporting to the Vice President Global Total Rewards, this role will focus on compensation program management and administration as well as providing advisory support to Human Resources, Finance and divisional business leaders. The -GBS Compensation Lead -will provide subject matter expertise in the design of creative solutions to specific compensation-related program and will interact closely with internal stakeholders to facilitate compensation-related activities in support of divisional goals and objectives.Essential Duties and Responsibilities:

  • Designs, implements and administers compensation initiatives, long-term and variable incentive plans within the division, working with divisional business and HR leaders to develop compensation programs specific to their organization.
  • Plans and implements compensation initiatives/projects within the division. Evaluates and makes recommendations on selected business changes requiring analysis (e.g., rates for new hires, specialized programs, budgeting, restructuring, acquisitions, etc.). -
  • Analyzes, designs, implements, and administers targeted compensation and variable incentive programs. Ensures consistency of approach between rewards and performance management practices.
  • Models financial impact of compensation plans in support of divisional structure and supports the implementation of a new compensation programs. -
  • Manages introduction of corporate initiatives within the division, customizing communication materials as necessary.
  • Teams with HR and business leadership to manage and administer salary increase pools, bonus allocations, and long-term incentive nominations.
  • Works with compensation specialist teams to incorporate compensation platforms and tools, develop employee long-term incentive retention strategies, implement salary structures, fine-tune and instill proper job architecture, and integrate corporate programs into the division. Serves as liaison between specialist groups and business groups, including specialists in meetings with business leaders.
  • Partners with the finance and payroll team to administer pay changes and bonus payment cycles.
  • Educates HR and Business contacts on compensation related initiatives and usage of compensation data.
  • Designs reports and scorecards to manage compensation strategy and expense.Required:
    • BA + minimum 7 years related experience.
    • Strong communication and presentation skills.
    • Knowledge of Microsoft Word, Power Point, and expert knowledge of Excel.
    • Ability to prepare clear, concise, and complete analysis, proposals, presentations, reports and other written materials.
    • Knowledge of principles, methods, and techniques of human resources administration related to the area of compensation.
    • Knowledge of applicable federal and state wage and hour laws, codes, and other regulations related to the area of compensation.
    • Knowledge of principles and practices of compensation program development, administration, and evaluation.
    • Exposure to merger and acquisition activity, and significant experience of change management
    • Commercial data analysis and management information
    • Project management/support
    • Experience working in a large/complex matrixed organization
    • Strong communication and presentation skills. -
    • Knowledge of Microsoft Word, Power Point, and expert knowledge of Excel. -
    • Ability to prepare clear, concise, and complete analysis, proposals, presentations, reports and other written materials
    • Meets professional obligations through efficient work habits such as, meeting deadlines, honoring schedules, coordinating resources and meetings in an effective and timely manner, and demonstrating respect for others.
    • Competent in business acumen, consultation, critical evaluation, handling confidential data, and ethical practices.
    • Ability to work independently and as a team member.U.S. Eligibility Requirements:
      • Interested candidates must submit an application and resume/CV online to be considered
      • Are you 18 years of age or older or can you demonstrate legal capacity to enter a contract?
      • Must be willing to submit to a background investigation; any offer of employment is conditioned upon the successful completion of a background investigation
      • Must have unrestricted work authorization to work in the United States. For U.S. employment opportunities, Gallagher hires U.S. citizens, permanent residents, asylees, refugees, and temporary residents. Temporary residence does not include those with non-immigrant work authorization (F, J, H or L visas), such as students in practical training status. Exceptions to these requirements will be determined based on shortage of qualified candidates with a particular skill. Gallagher will require proof of work authorization
      • Must be willing to execute Gallagher's Employee Agreement or Confidentiality and Non-Disclosure Agreement, which require, among other things, post-employment obligations relating to non-solicitation, confidentiality and non-disclosure
        Gallagher offers competitive salaries and benefits, including: medical/dental/vision plans, life and accident insurance, 401(K), employee stock purchase plan, educational expense reimbursement, employee assistance program, flexible work hours (availability varies by office and job function) training programs, matching gift program, and more. Gallagher believes that all persons are entitled to equal employment opportunity and does not discriminate against nor favor any applicant because of race, sex, color, disability, national origin, religion, creed, age, marital status, citizenship, veteran status, gender, gender identity / expression, actual or perceived sexual orientation, or any other protected characteristic. Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant with a disability, unless the accommodation would impose an undue hardship on the operation of our business. Please Note: Gallagher never extends an offer of employment or requests any personal identification information without having received an online application and conducted one or more in-person or video interviews. If you have received any communication referencing the offer of a job at Gallagher and you have not submitted an online application or been interviewed by a Gallagher employee, please do not assume that the offer is being sent from a legitimate Gallagher representative.

Keywords: Arthur J. Gallagher & Co., Chicago , Lead Compensation Consultant - GBS, Professions , Rolling Meadows, Illinois

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