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Regional Compensation Manager, North America

Date:  Oct 12, 2021

Denver, CO, US (United States)

Founded in 1921 and publicly traded since 1925, Newmont (www.newmont.com) is one of the largest gold companies in the world. Headquartered in Denver, Colorado, the company has approximately 24,000 employees and contractors, with the majority working at Newmont's core operations in the United States, Australia, Ghana, Peru and Suriname. Newmont is the only gold company listed in the S&P 500 index and in 2007 became the first gold company selected to be part of the Dow Jones Sustainability World Index. Newmont's industry leading performance is reflected through high standards in environmental management, health and safety for its employees and creating value and opportunity for host communities and shareholders.

About this role

Lead implementation of regional Compensation programs and initiatives based on business objectives, market trends, cost efficiency and driven practice. This position will provide internal compensation consulting to leaders to support the attraction, retention and motivation of talent in a robust culture. This position will also be responsible for building relationships with HR partners in the region in resolving total reward issues. 

In this role you will

Your role will consist of
Compensation (70%)

  • Research Compensation standard methodologies to support regional reward programs crafted to drive business objectives.
  • We provide proactive planning, day-to-day solutions, and expert Compensation counsel for the region.
  • Provide quantitative and qualitative analysis on Compensation programs and policies, including: in-depth analysis of market data, market trends and impact on Newmont policies and programs
  • We run the global annual compensation review (R&R Cycle) for the region including the development of the compensation review planning calendar, training materials, providing support and advice to the regional HR teams and mine site HR managers throughout the planning cycle, testing planned system/tool enhancements and identifying system/process improvements.
  • Participate in the design and implementation of regional compensation policies and programs by gathering market intelligence, crafting modeling scenarios and conducting in-depth costing of proposed solutions
  • We coordinate compensation survey submissions within timelines and ensure accuracy and completeness of data
  • Advise on the analysis and interpretation of compensation surveys to assess competitive position on base pay and total compensation.
  • We participate on due diligence and M&A activities as the Compensation regional SME.
  • Supervising regional Compensation policies, procedures, and standards and respond to inquiries regarding policies, procedures and programs.
  • Critical issue point for job evaluations and interpersonal development, assuring regional and global consistency on grading.
  • We support the budgeting process for labor cost in the Region.

Compensation Project Management & Standardization – North America (30%)

  • Accountable for planning, executing, controlling, and closing North America Compensation projects and initiatives.
  • We work with business owners and partners to resolve project scope, identify risks and mitigation plans.
  • Support consistency and standardization on Compensation policies and practices including accurate documentation for the North America Region.

The above duties and responsibilities are representative of the nature and level of work assigned and are not necessarily all-inclusive.

Your training, skills, & experience checklist

  • Bachelor’s Degree in Business Administration, Human Resources, or Finance.
  • Minimum 10 years Compensation experience, with at least 3 years directly related to HR Project Management and Regional/Global Compensation experience
  • Experience with heavy industry, mining, energy, or construction preferred
  • Ability to work with mathematical concepts such as probability and statistical inferences required.
  • M&A/Due Diligence experience.
  • Extensive experience with Microsoft (Excel, Word, and Power Point).
  • SuccessFactors system experience.
  • Understanding of the various cultures, operations and personnel of an international organization in order to develop business relationships and complete assigned work.
  • Be able to conduct meetings and present to the Senior Leadership Team.
  • Advanced Spanish is desired; French language skills are beneficial. 

Working conditions & location

  • The position is located in the corporate office (Denver).
  • Flexible hours to accommodate regional/global meeting times
  • Travel to sites will be required and is projected up to 25%. 

The salary range offered for this role is $111,000 to 145,635. The salary range is tied to the Colorado market for jobs performed in Colorado. The salary offer to the successful candidate will be based on job-related education, training, and/or experience.  The salary offer will not be based on a candidate’s salary history at other jobs, and by law, Newmont will not seek information about salary history, and candidates should not share such information with Newmont.   

This role will be eligible for participation in a discretionary annual bonus program, pursuant to which an employee may be awarded a percentage of their salary based on the company’s performance and their own individual performance. 

Newmont offers a competitive and inclusive benefits package to support physical, mental, financial and emotional wellbeing. This role will be eligible for the following benefits:  Medical, prescription drug, dental, and vision insurance; flexible spending accounts; health savings accounts; life and accidental death and dismemberment insurance; short and long-term disability; 401(k) program with company match; pension; financial planning; employee assistance program (EAP); adoption assistance; dependent scholarship program; tuition reimbursement; paid holidays and paid time off; paid family leave; matching gifts; and discounts on home, auto and pet insurance.  All bonuses and benefits are subject to the applicable eligibility and program/plan terms and may be modified or terminated at Newmont’s sole discretion.

Newmont strongly encourages all applicants to be fully vaccinated with the COVID-19 vaccine as soon as the vaccine is available to you as Newmont considers vaccination to be a vital tool in the fight against the pandemic. Proof of vaccination is required for entry to certain Newmont locations and for business travel, unless an exemption is required by law.  Newmont may update its vaccination policies/requirements at any time in its sole discretion.

Nearest Major Market: Denver