New

Senior Compensation Analyst

McKinsey & Company
parental leave, paid time off
United States, California, San Jose
Mar 05, 2025
People & HR Senior Compensation Analyst Job ID: 95797 Do you want to work on complex and pressing challenges-the kind that bring together curious, ambitious, and determined leaders who strive to become better every day? If this sounds like you, you've come to the right place. Your Impact In your role, you will have the opportunity to help determine compensation levels and sustain compensation processes for a key population at McKinsey. You will support a range of initiatives defining compensation for Senior Firm Functions professionals. Together with those who are driving compensation strategy, you will assist in assigning a compensation range for each role, defining merit increase levels by market, and developing select compensation structures. In partnership with those who are creating compensation offers, you will contribute to setting compensation for each external hire and determining the compensation level for each internal role transition. You will manage the compensation impacts of the mid-year and year-end advancement process. You will carry out reviews assessing the need for pay equity and role scope individual compensation adjustments. You will also carry out ad-hoc analyses and maintain compensation range files, the memo of understanding (MOU) and recruiting trackers, and mobility case logs. Finally, you will answer colleagues' questions and provide education, guidance, and context on our approach to implementing compensation for this population. Your Growth You will support Senior Firm Functions Compensation Operations, serving as an integral member of the team overseeing compensation for our most senior pre-partner internal roles. As part of the Global Compensation Function (GCF), you will shape the global compensation philosophy, strategy, design, and delivery for the firm. You will work in one of our international locations and partner closely with other centers of excellence and regional teams around the world. You will work most directly with others on the Senior Firm Functions Compensation team, in compensation operations, strategy and range design, along with compensation offers. Your qualifications and skills 4 year university degree, preferably in business or STEM 3+ years relevant experience, including experience building analytical models (compensation and/or Human Resources experience preferred) Advanced knowledge of Excel and Word, with working knowledge of PowerPoint and Access Stellar analytic and problem solving skills Excellent communication and interpersonal skills Strong organizational skills and attention to detail, coupled with ability to see big-picture trends Ability to work collaboratively and proactively contribute new ideas Thrives under pressure; high maturity level Exemplary judgment, discretion and professionalism; ability to handle confidential material discretely Strong work ethic and comfort operating in a results-oriented culture Please review the additional requirements regarding essential job functions of McKinsey colleagues. Apply Now Apply Later 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. Certain US jurisdictions require McKinsey & Company to include a reasonable estimate of the salary for this role. For new joiners for this role in the United States, including all office locations where the job may be performed, a reasonable estimated range is $94,100 - $123,900 USD -to help you understand what you can expect. This reflects our best estimate of the lowest to highest [salary/hourly wages] for this role at the time of this posting, ensuring you have a clear picture right from the start, though it's important to remember that actual salaries may vary. Factors like your office location, your unique blend of experience and skills, start date and our current organizational needs all play a part in determining the final figure. Certain roles are also eligible for bonuses, subject to McKinsey's discretion and based on factors such as individual and/or organizational performance. Additionally, we provide a comprehensive benefits package that reflects our commitment to the wellness of our colleagues and their families. This includes medical, mental health, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement contributions program, financial guidance, and paid time off. 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 McKinsey Careers and Diversity & Inclusion sites. Job Skill Group - CSSA Job Skill Code - SCAN - Senior Compensation Analyst Function - Firm Administration Industry - Financial Services Post to LinkedIn - Yes Posted to LinkedIn Date - Fri Mar 14 00:00:00 GMT 2025 LinkedIn Posting City - Tampa LinkedIn Posting State/Province - Florida LinkedIn Posting Country - United States LinkedIn Job Title - Senior Compensation Analyst LinkedIn Function - Finance;Human Resources LinkedIn Industry - Financial Services;Human Resources LinkedIn Seniority Level - Mid-Senior level