Global Compensation Leader

| Chicago

The Position: At Morningstar we believe that our employees are essential to our success, and our compensation programs play a critical role in attracting and retaining talent. For this role, we need someone who can manage our compensation program and practices, with a team to support global execution. We are looking for a creative, inspiring leader who can bring new ideas to challenge our thinking and support new business needs. Compensation costs represent Morningstar’s largest expense, so this position requires a seasoned, influential leader who possesses deep analytical skills and financial savvy. Reporting to the Head of Total Rewards, this position is based in our Chicago office.

 

Responsibilities:

  • Serve as the primary point of contact and influence for compensation management.  Meet proactively with senior leaders and managers to communicate our compensation philosophy and understand compensation program opportunities.
  • Direct the research and analysis of compensation practices globally. Maintain a network of contacts and vendors to gather market intelligence.
  • Proactively benchmark compensation internally and in the external market. Recommend changes to total compensation structures as needed.
  • Lead the annual compensation review processes, from advising on program strategy to training managers to reviewing recommendations.
  • Design and conduct and/or facilitate training managers and HR professionals on key compensation issues, concepts, or processes.
  • Work with the talent acquisition team to ensure internal and external candidates receive appropriate compensation offers consistent with our rewards philosophy.
  • Craft leadership compensation strategies for review with the Board of Directors; own the creation of materials for the Compensation Committee.
  • Provide subject matter expertise to the sales compensation design process, working closely with partners in sales management, sales operations, and finance.
  • Lead our global equity program, from program design to compliance to grant/vest execution.

 

Requirements:

  • At least 10 years compensation experience within a commercial organisation
  • Significant experience with executive compensation, sales compensation, broad-based compensation, and equity program administration
  • Multinational compensation experience is essential.
  • Previous management consulting experience and corporate experience within a publicly traded company is a plus
  • Successful record of managing multiple projects concurrently.
  • Strong numerical and analytical skills with the ability to strategically solve problems.
  • High level of IT literacy with advanced Excel skills.
  • Proficiency in using HR Information Systems (Workday) would be an advantage.
  • Certified Compensation Professional (CCP) strongly preferred
  • University degree or its equivalent.
  • Willingness and ability to travel periodically

 

Morningstar is an equal opportunity employer.

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Location

22 W. Washington , Chicago, IL 60602
22 W. Washington , Chicago, IL 60602

Perks of working here

401(K) Matching
401(K)
Casual Dress
Commuter Benefits
Company Equity
Conferences & Training
Dental
Fitness Subsidy
Flex Work Hours
Generous PTO
Happy Hours
Health Benefits
Generous Parental Leave
Parking
Sabbatical
Tuition Reimbursement
Unlimited PTO
Vision
Volunteering Opportunities
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