PGIM Human Resources - Compensation Manager (Hybrid)

Job Classification:

Corporate - Human Resources

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.

We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! 

If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.  At PGIM, You Can!

What you will do:

As part of the PGIM Human Resources Team you will have the opportunity to work with colleagues from around the world and gain exposure to HR projects and practices across different geographies. Reporting to the VP Compensation and Benefits, in this Compensation Consultant role you will envision and create innovative solutions in support of PGIM’s dynamic business strategy, as well as develop and evolve our global compensation practices. You will work with a broader compensation team, but have a particular focus on developing our global approach to pay transparency, building and embedding governance structures, and supporting the design and development of new compensation programs. If you are a collaborative, inquisitive and analytical professional looking for a dynamic in-house consulting position this may be the role for you.

What You Can Expect:

• Develop approaches to the design, maintenance and governance of job architecture and market data structures across the business, working with compensation business partners and HR operations to embed these approaches in HR work practices.

• Design solutions that meet global pay transparency requirements, working as a consultant to implement new processes across multiple HR functions.

• Consult on the evolving global compensation regulations and develop solutions to address these challenges.

• Support in the design and development of new compensation programs which may cover short term cash plans, long-term incentive plans, carried interest and co-investment structures. Work with the compensation team and business stakeholders in modelling the plans, developing communications strategies and implementing the end solutions. 

• This role will require limited international travel and flexibility to cover global time-zones.

What You Will Bring:

• 7+ years in Human Resources compensation in the financial services and/or insurance industry

• Desire to learn new skills and work in a flexible and dynamic role

• Excellent relationship-building, partnering influencing, interpersonal and collaborative skills

• Strong analytical skills; the ability to tell a story and derive insight from analysis to impact business decisions

• Technological proficiency in Microsoft Excel (XLOOKUP, SUMIFs, Nesting, Power Pivot Tables, Charts)

• Experience of working with AON/McLagan benchmarking data.

• Accuracy and attention to detail, balanced with the ability to see the big picture while executing on multiple projects with varied deadlines

What will set you apart:

• Global asset management experience

• Accountancy or tax background

• Knowledge of Workday, Salary.com, and PowerBI

PGIM believes in the Power of a Hybrid work arrangement.  The Power of Hybrid is both the flexibility of work from home, as well as the networking and career development of in-person work with colleagues through weekly anchor day(s). This position will work a hybrid schedule in our Newark, NJ office.

*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

What we offer you:

• Medical, dental, vision, life insurance and PTO (Paid Time Off)

• Retirement plans:  401(k) plan with generous company match (up to 4%); Company-funded pension plan

• Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of i