Details

Contract

Full-Time

Location

New York, United States

Department

People & Culture

Openings

1

Job ID

50336660

MAKE HISTORY WITH US! At PMI, we’ve chosen to do something incredible. We’re totally transforming our business, and building our future on smoke-free products with the power to improve the lives of a billion smokers worldwide. With huge change, comes huge opportunity. So, wherever you join us, you’ll enjoy the freedom to dream up and deliver better, brighter solutions and the space to move your career forward in endlessly different directions. Our Total Rewards function sits as a Centre of Expertise within People and Culture (HR) and provides strategic TR expertise across a range of projects and programs, and into markets and functions on a global basis. The TR COE team acts as advisor to P&C and business Markets, Functions & Regions and Product Teams for technical TR expertise, whilst bringing outside thinking in aligned to business strategy to address P&C-led business needs to enable P&C and the wider business. Total Rewards is a key partner in attracting, retaining, motivating, and engaging the talented workforce needed to deliver the business objectives. We currently have a vacancy of Compensation Lead – Incentives / Variable Compensation. The role can be either located in the UK (London) or USA (NYC till mid-2022 and then Stamford, Connecticut). Please note that remote working options are available for this position. You will join a newly created team that will shape the Total Rewards philosophy, strategy and build new programs to enables the transformation of PMI towards smoke -free future. Your main responsibility will be to define and design Incentive/Variable Compensation programs which enables the transformation of PMI, drives our culture being consumer centric, innovative and collaborative. Solutions are designed through a deep understanding of the market dynamics, business environment and challenges, using data, allowing sustainable implementation, and meet employees’ needs and preferences to ensure attraction, engagement, and retention. Contribute to the development and lead the delivery of innovative and competitive PMI world-class programs, approaches and methods (playbook and toolbox). Key accountabilities: 1. Define global principles for Global Incentives / Variable Compensation and support development of consolidated Total Rewards strategy 2. Act as Subject Matter Expert by understanding the market, the business and employees’ needs, monitoring and evaluating KPI’s, providing the People & Culture organization with insights and data, and coming up with ideas and new ways of doing things that test and stretch traditional thinking. 3. Design and cascade Incentives/Variable Compensation related programs, frameworks, policies, governance and thought leadership in collaboration with customers and stakeholders 4. Oversee the design and development of the Incentives/Variable Compensation programs with the new PMI Job Architecture 5. Work closely respective stakeholders on incentive plan design, performance targets and funding levels. 6. Track and monitor market trends on the Incentive/Variable Compensation programs, bring the potential new improvement areas based on the business needs or challenges of identified segments. 7. Partner with the Total Rewards Operations team for the deployment of the Incentives/Variable Compensation plans, analytics reports and tools to foster data driven decisions, audit survey output etc. 8. In a project-based organization mindset, lead or contribute to the establishment of creative and high-reaching PMI Incentive/Variable Compensation programs, by testing small, quick learning, and scaling up. Define a specific action plan and white paper to address relevant business challenges where there are no existing variable programs/solutions available for deployment. 9. Collaborate with peers, ensuring your work align with the rest of the development by the team JOIN US! Requirements • A validated background in similar positions, either in multinational companies or in Big 4 is a plus. • Deep knowledge of total rewards theories, statistics, financials • Good practice in consulting skills and project management. Executive compensation consulting with top consulting companies prior experience desirable. • Advanced software knowledge (MS office, particularly Excel, SAP reporting, Workday) • 7-10 years of experience in Total Rewards / Compensation roles or other relevant professional experience, preferably in an industry/business, which went through a major transformation challenge • Proven track record of delivering results in large, cross-functional initiatives, across multiple stakeholders and teams • Ability to influence cross functionally and across the operations organization, at all levels, will be critical to success in this role. • Experience on M&A activities and alignment on the variable compensation plans experience desirable WHAT WE OFFER YOU? Our success depends on the men and women who come to work every single day with a sense of purpose and an appetite for progress. Join PMI and you too can: • Seize the freedom to define your future and ours. We’ll empower you to take risks, experiment and explore. • Be part of an inclusive, diverse culture, where everyone’s contribution is respected; collaborate with some of the world’s best people and feel like you belong. • Pursue your ambitions and develop your skills with a global business – our staggering size and scale provides endless opportunities to progress. • Take pride in delivering our promise to society: to improve the lives of a billion smokers. Philip Morris International: Delivering a Smoke-Free Future Philip Morris International (PMI) is leading a transformation in the tobacco industry to create a smoke-free future and ultimately replace cigarettes with smoke-free products to the benefit of adults who would otherwise continue to smoke, society, the company and its shareholders. PMI is a leading international tobacco company engaged in the manufacture and sale of cigarettes, smoke-free products and associated electronic devices and accessories, and other nicotine-containing products in markets outside the U.S. PMI is building a future on a new category of smoke-free products that, while not risk-free, are a much better choice than continuing to smoke. Through multidisciplinary capabilities in product development, state-of-the-art facilities and scientific substantiation, PMI aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. PMI’s smoke-free IQOS product portfolio includes heat-not-burn and nicotine-containing vapor products. As of June 30, 2019, PMI estimates that approximately 8.0 million adult smokers around the world have already stopped smoking and switched to PMI’s heat-not-burn product, available for sale in 48 markets in key cities or nationwide under the IQOS brand. For more information, please visit www.pmi.com and www.pmiscience.com. PMI is an Equal Opportunity Employer. #LIJOBS

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