Manager, Compensation

Company: National Black MBA Association
Location: Chicago
Posted on: April 2, 2025

Job Description:

Company DescriptionMcDonald's is proud to be one of the most recognized brands in the world, with restaurants in over 100 countries that serve 70 million customers daily. We continue to operate from a position of strength. Our updated growth strategy is focused on staying ahead of what our customers want and realizing further growth potential. Our relentless ambition is why McDonald's remains one of the world's leading corporations after almost 70 years. Joining McDonald's means thinking big and preparing for a career that can have influence around the world.At McDonald's, we see every day as a chance to create positive impact. We lead through our values centered on inclusivity, service, integrity, community and family. From support of Ronald McDonald House Charities to our Youth Opportunity project and sustainability initiatives, our values keep us dedicated to using our scale for good: good for our customers, people, industry and planet. We also offer a broad range of outstanding benefits including a sabbatical program, tuition assistance and flexible work arrangements.Job DescriptionMcDonald's is seeking a dynamic and experienced Manager, Compensation to join our global Total Rewards team. In this role, you will support the development and execution of innovative compensation strategies and programs that align with our business objectives and support our talented workforce. You will collaborate with key stakeholders to ensure our compensation practices are competitive, cost-effective, and compliant with all relevant regulations.Key Responsibilities:

• Develop compensation strategies and programs tailored to specific segments of the McDonald's business.
• Align employee compensation practices with business objectives by collaborating with key stakeholders (e.g., People Partners, local market rewards teams).
• Provide consultative support and guidance on compensation matters, fostering a collaborative approach.
• Evaluate the effectiveness of compensation strategies and designs, identify trends, and recommend improvements.
• Ensure compliance with all relevant laws and regulations related to compensation.
• Provide support and guidance through system and process changes as part of Global People Modernization (McDonald's HR transformation) and the implementation of a new Human Capital Management system (Success Factors).Additional Responsibilities:
  • Collaborate with HR and Talent Acquisition teams to ensure competitive and equitable compensation practices.
  • Analyze and interpret compensation data to provide insights and recommendations to senior leadership.
  • Stay current with industry trends and best practices in compensation management.
  • Manage vendor relationships for compensation products and tools, as needed.Benefits eligible: YesBonus eligible: YesLong term incentive eligible: YesThe expected salary range for this role is $112,860- $143,900 per yearThe above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors.QualificationsBasic Qualifications:
    • Bachelor's degree in Human Resources, Business Administration, Finance, or related field.
    • Proven experience in compensation management.
    • Strong analytical skills and experience with compensation benchmarking and analysis.
    • Excellent communication and collaboration skills.
    • Ability to manage multiple projects and priorities in a fast-paced environment.
    • Proficiency in compensation software and tools (e.g., Payfactors/Payscale).Preferred Qualifications:
      • Experience in a corporate or global compensation role.
      • Knowledge of HR compliance and data privacy regulations.
      • Strong business acumen.
      • Positive attitude and a willingness to learn; self-starter.
      • Ability to influence others and build a strong business case for people as a growth driver.
      • Experience collaborating with cross-functional partners in a matrixed environment.
      • Continuous improvement and growth mindset.Additional InformationThis position offers health and welfare benefits, a 401(k) plan, adoption assistance program, educational assistance program, flexible ways of working, and time off policies (including sick leave, parental leave, and vacation/PTO). Eligibility requirements apply to some benefits and may depend on job classification and length of employment.This position is eligible for a bonus, calculated based on individual and company performance.This position is eligible for stock or other equity grants pursuant to McDonald's long-term incentive plan.McDonald's is an equal opportunity employer committed to the diversity of our workforce. We promote an inclusive work environment that creates feel-good moments for everyone. McDonald's provides reasonable accommodations to qualified individuals with disabilities as part of the application or hiring process or to perform the essential functions of their job. If you need assistance accessing or reading this job posting or otherwise feel you need an accommodation during the application or hiring process, please contact mcdhrbenefits@us.mcd.com. Reasonable accommodations will be determined on a case-by-case basis.McDonald's provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to sex, sex stereotyping, pregnancy (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), race, color, religion, ancestry or national origin, age, disability status, medical condition, marital status, sexual orientation, gender, gender identity, gender expression, transgender status, protected military or veteran status, citizenship status, genetic information, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.Nothing in this job posting or description should be construed as an offer or guarantee of employment.
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Keywords: National Black MBA Association, Chicago , Manager, Compensation, Executive , Chicago, Illinois