GCM Grosvenor
Head of Compensation and Benefits
GCM Grosvenor, Chicago, Illinois, United States, 60290
SUMMARY
The Head of Compensation Strategies will lead the overall strategic direction for compensation programs that are market competitive while supporting overall business objectives while working collaboratively and providing advice and recommendations on competitive compensation.
This individual will report to the Chief Human Resources Officer, work within Human Resources, and will engage regularly with leadership from all departments. As a hybrid employee, the individual is expected to be in the Chicago office on Tuesdays and Wednesdays as well as a third day in coordination with their team.
RESPONSIBILITIES
The individual will be involved in the following critical activities:
Develop, recommend, and communicate a comprehensive remuneration and reward strategy for the organization
Spearhead all compensation activities including structuring and administering long and short-term incentive programs as well as analyzing, compiling, and reviewing data in support of salary adjustments
Conduct continuing study of all Human Resources compensation policies and programs to keep management informed of necessary additions, deletions, and modifications
Strategically benchmark current compensation and benefits against the macroeconomic environment and industry patterns to ensure that we are fair, equitable and attractive
Develop, enhance, analyze, and maintain salary administration databases and tools, salary spreadsheets, statistical graphs, and other compensation-analysis tools
Oversee compensation presentations to decision makers and communicators offering advice regarding the year-end performance process in collaboration with HR Business Partners
Oversee benefit programs, annual benefit enrollment process, administration of leaves of absence and COBRA along with compliance testing and audits for the 401k plan
Foster high morale and collaboration within the department
EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS
The ideal experience and critical competencies for the role include the following:
Bachelor’s degree with 12+ years of HR, compensation, and/or equity experience.
Experience in financial services industry or a high growth public company
Understanding of carried interest as a compensation tool
Applied experience with HRIS technology. Workday HCM expertise preferred
Superior consultative,
collaborative
, analytical, and organizational skills are critical
Highest degree of integrity and ability to maintain confidential information
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The Head of Compensation Strategies will lead the overall strategic direction for compensation programs that are market competitive while supporting overall business objectives while working collaboratively and providing advice and recommendations on competitive compensation.
This individual will report to the Chief Human Resources Officer, work within Human Resources, and will engage regularly with leadership from all departments. As a hybrid employee, the individual is expected to be in the Chicago office on Tuesdays and Wednesdays as well as a third day in coordination with their team.
RESPONSIBILITIES
The individual will be involved in the following critical activities:
Develop, recommend, and communicate a comprehensive remuneration and reward strategy for the organization
Spearhead all compensation activities including structuring and administering long and short-term incentive programs as well as analyzing, compiling, and reviewing data in support of salary adjustments
Conduct continuing study of all Human Resources compensation policies and programs to keep management informed of necessary additions, deletions, and modifications
Strategically benchmark current compensation and benefits against the macroeconomic environment and industry patterns to ensure that we are fair, equitable and attractive
Develop, enhance, analyze, and maintain salary administration databases and tools, salary spreadsheets, statistical graphs, and other compensation-analysis tools
Oversee compensation presentations to decision makers and communicators offering advice regarding the year-end performance process in collaboration with HR Business Partners
Oversee benefit programs, annual benefit enrollment process, administration of leaves of absence and COBRA along with compliance testing and audits for the 401k plan
Foster high morale and collaboration within the department
EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS
The ideal experience and critical competencies for the role include the following:
Bachelor’s degree with 12+ years of HR, compensation, and/or equity experience.
Experience in financial services industry or a high growth public company
Understanding of carried interest as a compensation tool
Applied experience with HRIS technology. Workday HCM expertise preferred
Superior consultative,
collaborative
, analytical, and organizational skills are critical
Highest degree of integrity and ability to maintain confidential information
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