Not Authorized
You are currently not authorized to access this section.
Please contact your Administrator to change your authorization settings.
Please contact your Administrator to change your authorization settings.
Specialist - Partner Compensation
Atlanta, GA / New York, NY
Job Description
Who You'll Work With
You'll be based in our Atlanta or New York office, and will be part of the Partner Compensation Group, which coordinates and oversees partner compensation for over 2600 Partners in 60+ countries, and provides staff support for one of the most senior committees at the firm.
What You'll Do
You will help drive major annual compensation processes and support ongoing compensation needs/requests from partners and other functions.
In this role, you will manage compensation communications, processes and policies. You will lead projects, analyses, and create presentations, and manage other team members. You will help drive major annual compensation processes with managers, develop dynamic models, departure analyses, and mobility projections while overseeing the calculation of structural and additional awards, and salary/budget models including quarterly variance. You will identify trends or levers with annual compensation budget, and possible refinements/changes to be discussed further with Partner Compensation managers. You will oversee audit/reconciliation all processes, including creating team timelines, etc. You will train junior members of the team with potential oversight opportunity for more seasoned specialists.
You will also support ongoing compensation needs/requests from partners and other functions. You will conduct partner discussions independently - particularly in complex/difficult cases and directly respond to questions and data analysis requests regarding both McKinsey-wide and partner specific compensation issues, programs and procedures from local office administrators, other departments, country/complex managers and individual partners of the firm. You will also advise individual partners on issues involving their own compensation, mobility considerations, etc. You should have foresight to streamline communications with various firm function teams, and eliminate roadblocks. You will directly support offices, practices, and functions (e.g., office managers, practice leaders, country/complex managers, and individual partners of the firm) on similar issues.
You will manage compensation communications, processes and policies. You will develop ad hoc analyses to support presentations, projections and memos/communications for managers, Legal, partner HR, and the Tax group. You will play an important role in digitization efforts of compensation processes. You will contribute to development and maintenance of policies regarding partner compensation, and distinguishing potential loopholes.
You will support and make recommendations to partner compensation managers and directors by independently providing discussion materials (finished presentation and decks) for firm leadership meetings. You will synthesize analytic findings and share persuasive results often directly with upper management and firm leaders for projects and provide analytical support and thought partnership to director/manager of partner compensation as well as the Compensation Policy Committee (CPC). You will scope and independently driving ambiguous analyses. You will proactively work with relevant stakeholders to understand and address compensation issues, and develop long-term solutions where possible. You will also actively contribute to strategic discussions and initiatives within function
Lastly, you will manage other team members, coach, and assist the manager/director with the professional development of partner compensation analysts.
Qualifications
- Bachelor's degree required with a concentration in business or math-related area (MBA is preferred)
- 5+ years minimum job-related experience
- Advanced quantitative, analytic and problem solving skills with multiple years of experience in building models
- Excellent communication and interpersonal skills
- Very strong organizational skills with ability to supervise/coach others
- Exceptional attention to detail coupled with ability to see big picture trends and isolate key drivers
- Track record of being a team player with ability to work independently, and train/manage junior staff
- Self-driven and motivated, and adaptable in different settings (as needed)
- Must be able to command presence with senior leaders
- Ability to thrive under pressure, multi-task, and be quick thinking
- Must respond very well to dynamic atmosphere with a high level of maturity and acute sense of audience to determine the best approach
- Advanced level knowledge of Excel and Word; some knowledge of PowerPoint and preferably some exposure/knowledge of Access
- Previous experience with supervising and/or project management is preferred
COVID-19 vaccination mandate:
Employment with McKinsey & Company, Inc. in the United States and Canada is conditioned on proof of full vaccination against the COVID-19 virus (with a WHO-approved or Health Canada-approved COVID-19 vaccine, as applicable) or approval of an exemption due to a qualifying medical condition or sincerely held religious belief prior to start date.
FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.
FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our and sites.
Job Skill Group - CSSA
Job Skill Code - CSPE - Compensation Specialist
Function - Firm Administration
Industry -
Post to LinkedIn - Yes
Posted to LinkedIn Date - Mon Jul 12 00:00:00 GMT 2021
LinkedIn Posting City - New York
LinkedIn Posting State/Province - New York
LinkedIn Posting Country - United States
LinkedIn Job Title - Specialist - Partner Compensation
LinkedIn Function - Finance;Human Resources;Management
LinkedIn Industry - Management Consulting
LinkedIn Seniority Level - Mid-Senior level
Job Skill Code - CSPE - Compensation Specialist
Function - Firm Administration
Industry -
Post to LinkedIn - Yes
Posted to LinkedIn Date - Mon Jul 12 00:00:00 GMT 2021
LinkedIn Posting City - New York
LinkedIn Posting State/Province - New York
LinkedIn Posting Country - United States
LinkedIn Job Title - Specialist - Partner Compensation
LinkedIn Function - Finance;Human Resources;Management
LinkedIn Industry - Management Consulting
LinkedIn Seniority Level - Mid-Senior level
Equal Opportunity Employment Disclaimer
McKinsey & Company is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, national origin, disability, veteran status, and other protected characteristics.
Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
5+ years
Email this Job to Yourself or a Friend