Global People Services Director, Global Total Rewards - Compensation

Company: Alvarez & Marsal Europe
Location: Chicago
Posted on: April 5, 2025

Job Description:

Description
About A&M
Alvarez & Marsal (A&M) is a leading independent global professional services firm, specializing in providing turnaround management, performance improvement and corporate advisory services. With over 10,000 professionals based in 70+ locations across North America, Europe, Asia, and Latin America, our firm excels in problem solving and value creation. Drawing on a strong operational heritage and hands-on-approach, our professionals work closely with organizations and stakeholders to help tackle complex business issues and maximize value.
Position Overview
The Global People Services Director of Global Total Rewards is responsible for designing, implementing, and managing comprehensive compensation and benefits strategy and programs across the global people operations. This role ensures that the total rewards strategy aligns with the firm's business objectives, attracts top talent, and retains high-performing employees. The ideal candidate will have extensive experience in total rewards management within a consulting or professional services environment and will drive consistency and excellence in people service delivery.
Key Responsibilities:
Develop and implement global compensation strategies
Design and manage salary structures, job evaluation systems, and pay-for-performance programs
Oversee the annual compensation planning process with regions/business units, including merit increases and bonus allocations
Analyze global compensation programs, ensuring competitiveness and compliance across different regions
Conduct regular market analysis and benchmarking to ensure our total rewards packages remain competitive
Manage relationships with external vendors
Ensure compliance with local labor laws and regulations regarding compensation and benefits
Collaborate with finance to develop budgets and forecast costs for total rewards programs
Oversee the creation and distribution of total rewards statements to employees
Lay foundation and build a team of total rewards specialists
Participate in mergers and acquisitions activities, focusing on harmonizing compensation and benefits
Key Requirements:
Bachelor's degree in Human Resources, Business Administration, Finance, or related field
7-10 + years of experience in total rewards, with some global experience preferred
Professional certifications such as CCP (Certified Compensation Professional) or GRP (Global Remuneration Professional) preferred
In-depth knowledge of compensation practices, including executive compensation
Strong understanding of global employment laws and regulations related to compensation and benefits
Experience with HRIS and compensation management systems
Excellent analytical and financial modeling skills
Strong project management abilities
Excellent communication and interpersonal skills, with the ability to interact with all levels of the organization
Ability to manage confidential information with discretion
Benefits Summary:
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings' fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined from time to time as well as a 401(k) retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A&M's benefits programs.
Compensation Statement:
The salary range is $150,000 - $180,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.
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Keywords: Alvarez & Marsal Europe, Chicago , Global People Services Director, Global Total Rewards - Compensation, Executive , Chicago, Illinois