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About the firm:
Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.
With over 10,000 people providing services across six continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what is really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.
To learn more, visit: AlvarezandMarsal.com.
Overview:
The Director of Total Rewards – Compensation is responsible for designing, implementing, and managing comprehensive compensation and benefits strategy and programs across EMEA. 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, specifically compensation management within a consulting or professional services environment and will drive consistency and excellence in people service delivery.
Key Responsibilities:
- Manage the development, implementation, administration, and communication of compensation programs and projects in partnership with Global Total Rewards, Payroll, and Finance teams
- Partner with EMEA Business Unit Leaders, Finance and People teams to oversee the annual compensation process, including planning, execution and analysis
- Develop and implement off-cycle monetary recognition programs, including off-cycle promotions, special recognition bonuses, and financial support initiatives (e.g., loans), to reward and motivate employees outside the standard annual review cycle.
- Design and manage salary structures, job evaluation systems, and pay-for-performance programs
- Partner with Legal and Finance to ensure compliance with local labor laws and regulations or reporting requirements related to compensation and benefits
- Collaborate with finance to develop budgets and forecast costs for total rewards programs
- Partner with EMEA Business Unit Leaders and Talent Acquisition to maintain job architecture, job descriptions, skills and compensation
- Participate in compensation surveys, conducts research and analysis on market competitiveness, pay equity, and compensation trends to ensure our total rewards packages remain competitive
- Identify and manage relationships with external vendors
- Participate in mergers and acquisitions activities, focusing on harmonizing compensation and benefits
- Prepare monthly and ad-hoc reports and analysis as needed
Key Requirements:
- Bachelor's degree in Human Resources, Business Administration, Finance, or related field
- Extensive experience in total rewards, with multi-country 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
