SVP Executive Compensation & Relationship Manager, GFGC This role is responsible for leading all aspects of the Compensation and Benefits agenda for the Global Functions and Global Categories, covering over 9,000 associates with an annual payroll spend of ~$7B. As a critical member of the GFGC Total Rewards Leadership Team, this role collaborates and partners with the CHRO and Senior HRBPs on critical business decisions. This involves developing and executing the GFGC Compensation & Benefits strategy that enables the delivery of business priorities while aligning to PepsiCos TR philosophy. With the support of one 1 Compensation professional this role deploys, aligns, develops, and sometimes design both the short-term and long-term strategic imperatives for Total Rewards while operating in a highly matrixed and dynamic organization, that includes over 1,500 executives overall, whose talent is paramount to PepsiCos growth and transformation.
Relationship Manager Responsibilities include:
Supports the Total Rewards agenda and strategy for the Global Functions and Categories, with clients that include 9 out of the 16 PEC members and 170 Band 3-5 executives spread across corporate and each of the sectors
Provides strategic counsel on day-to-day Total Rewards advice, solutions and support to PepsiCos global Functions and Categories that drive PepsiCos business and talent imperatives, including strategic total rewards matters related to functional operating model transformations with global impact
Working with HRBPs and function leaders, develop customized compensation solutions, including incentive programs to support talent and business objectives within the Global Functions and CategoriesDeveloped and implemented customized eCommerce compensation programDesigned R&D incentive program for key talent to drive achievement of specific Performance with Purpose deliverables and support the retention of key talent with highly technical skillsResearch and developed ISG and Aviation equity compensation approach to attract and retain key talent within these functional areas
Lead all compensation and benefit aspects of M&A transactions conducted by Corporate and Global Functions and Categories as well as serving as subject matter expert on transactions led by the sectorsIn legal capacity, responsible for leading compensation matters in acquisition including PBG, PAS, Naked Juice and Sabra JV, including structuring and negotiation retention arrangement for key talent, converting equity awards into PepsiCo equity and designing severance arrangements to meeting productivity commitments
Lead Corporate restructuring (e.g. Odyssey/Panther) and severance initiatives to support achievement of PepsiCos productivity goalsStructure and negotiate highly complex senior executive severance arrangements at levels LG1-LG5, including obtaining Compensation Committee approval as necessary and preparing SEC disclosure
Partner with HRBP teams to provide subject-matter expertise and compensation consulting, including stewardship of LG4 approval process, job offers and severances, as well as sharing best practices for all functional restructurings globally
Translate business and talent needs and strategies of the Global Functions and Categories to inform enterprise total rewards policy and design decisions
Partner with CoE to support policy harmonization efforts to ensure Global Functions and Categories consistency and compliance
Build capability and understanding of PepsiCos total rewards programs among HR business partners and leaders to reinforce pay-for-performance culture and provide strategic direction on the communications and change management associated with implementation of significant total rewards initiatives.
Participate and deliver Total Rewards agenda at HRBP staff meetings
Manage all compensation and benefit efforts tied to LG1-LG7 moves within GFGC
Facilitate and support the delivery of all Expatriate and local packages from Global Mobility
Principle Total Rewards contact with HRVPs and their respective team members
Requires 5 years of Compensation and Benefits experience of increasing responsibility and leadership
Requires ability to work in a highly matrixed environment and to balance competing priorities
High degree of visibility of work product as principal clients are CHRO, HRVPs
Requires strong analytic, math, problem-solving, and project management skills
Requires strong executive presence, communications and influencing skills with HRVPs, as well as internal stakeholders
Relocation Eligible: Not Applicable Job Type: Regular
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.
PepsiCo is an Equal Opportunity Employer: Female / Minority / Disability / Protected Veteran / Sexual Orientation / Gender Identity
For San Francisco Bay Area: Our Company will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of San Francisco Police Code Sections 4901 - 4919, commonly referred to as the San Francisco Fair Chance Ordinance.
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* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.