Global Compensation Manager

Posted 14 Hours Ago
Be an Early Applicant
2 Locations
In-Office
Senior level
Healthtech • Biotech • Pharmaceutical
The Role
Leads Alcon’s global Performance, Growth & Rewards cycle, including merit, bonus, equity, salary planning, audits, accruals, reporting, and regulatory compliance. Manages Workday compensation processes, ServiceNow issues, program enhancements, budgets, and data validation. Partners with HR, Finance, Total Rewards, leadership, and global stakeholders while driving process improvements, governance, communications, and compensation-related projects.
Summary Generated by Built In

At Alcon, we are driven by the meaningful work we do to help people see brilliantly. We innovate boldly, champion progress, and act with speed as the global leader in eye care. Here, you’ll be recognized for your commitment and contributions and see your career like never before. Together, we go above and beyond to make an impact on the lives of our patients and customers.  Are you ready to join us?


We foster an inclusive culture and are looking for diverse, talented people to join Alcon. This role is part of Alcon's Human Resources function, a team that collaborates across the business to shape company culture, manage talent, align associates to our purpose, and support associate development to help our people and the world see brilliantly.


The Global Compensation Manager role will lead the Annual Rewards cycle and be responsible for the development of an integrated plan that includes program deliverables, strategic alignment with HR goals, enterprise-wide impacts, milestones, risks, assumptions, constraints, change management for the program and overall program investment (PGR global budget management).


In this role, a typical day will include:


Performance, Growth & Rewards (PGR) Program Leadership

  • Lead the annual global Performance, Growth & Rewards (PGR) cycle, including merit, bonus, equity, and Exceptional Nomination programs for all Alcon locations, including ATL populations.
  • Manage end-to-end pay planning activities, including budget planning, cost analysis, financial controls, and global reporting in partnership with Finance.
  • Prepare monthly Short-Term Incentive (STI) accruals, termination calculations, and related reporting requirements.
  • Manage merit, STI, and LTI audits and data validation activities to ensure accuracy and program integrity.
  • Coordinate annual salary range updates in Workday based on market data provided by Compensation Consultants.

Systems, Process & Project Management & Administration

  • Gather global business and regulatory requirements and translate them into functional specifications for Workday compensation processes and enhancements.
  • Support implementation and administration of compensation programs including regulatory increases, budget management, union/works council requirements, and off-cycle compensation actions.
  • Troubleshoot and resolve Workday, ServiceNow (SNOW), compensation, and PGR-related system and data issues.
  • Drive process improvements to enhance efficiency, compliance, and user experience.
  • Ensure compliance with compensation regulations and applicable local, state, federal, and global requirements.

Governance, Audits & Compliance

  • Lead compensation operations audits, regulatory reviews, and governance activities in collaboration with internal stakeholders.
  • Maintain audit readiness and ensure compensation programs, processes, and reporting meet organizational and regulatory standards.

Stakeholder Partnership & Communication

  • Partner with HR, Total Rewards, Finance, leadership, and business stakeholders to deliver effective compensation programs and solutions.
  • Provide regular communications, project updates, risk assessments, and status reporting for PGR and broader compensation initiatives.
  • Influence stakeholders and remove roadblocks related to Job Family Mapping (JFM), job catalog management, and compensation-related requests.
  • Prepare retention and milestone award letters in partnership with HR Business Partners and business leaders.

What You Will Bring to Alcon:

  • Bachelor’s Degree or Equivalent years of directly related experience (or high school +13 yrs; Assoc.+9 yrs; M.S.+2 yrs; PhD+1 yr)
  • The ability to fluently read, write, understand, and communicate in English
  • 5 Years of Relevant Experience
  • 3 Years of Demonstrated Leadership

How You Can Thrive at Alcon:

  • Collaborate with teammates to share standard processes and findings as work evolves.
  • See your career like never before with focused growth and development opportunities
  • Join Alcon’s mission to provide outstanding, innovative products and solutions to improve sight, improve lives, and grow your career!
  • Alcon provides robust benefits package including health, life, retirement, flexible time off, and much more!

 

See your impact at: alcon.com/careers




ATTENTION: Current Alcon Employee/Contingent Worker

If you are currently an active employee/contingent worker at Alcon, please click the appropriate link below to apply on the Internal Career site.

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ALCON IS AN EQUAL OPPORTUNITY EMPLOYER AND PARTICIPATES IN E-VERIFY

Alcon takes pride in maintaining an inclusive environment that values different perspectives and our policies are non-discriminatory in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, marital or veteran status, disability, or any other legally protected status. Alcon is also committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application process, or in order to perform the essential functions of a position, please send an email to [email protected] and let us know the nature of your request and your contact information.

Skills Required

  • Bachelor's degree or equivalent directly related experience
  • High school diploma plus 13 years of experience, or associate degree plus 9 years, or master's degree plus 2 years, or PhD plus 1 year
  • Fluent English reading, writing, understanding, and communication skills
  • 5 years of relevant experience
  • 3 years of demonstrated leadership experience

Alcon Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Alcon and has not been reviewed or approved by Alcon.

  • Retirement Support — Retirement benefits are framed as unusually strong, pairing a 401(k) match with an additional employer-funded retirement plan contribution. Stock purchase access and performance bonuses are also positioned as meaningful components of total rewards.
  • Healthcare Strength — Health coverage is described as comprehensive across medical, dental, vision, life, disability, and mental health support. Distinctive vision-related perks, including free contact lenses in some cases, reinforce the perceived strength of the health-and-wellness offering.
  • Leave & Time Off Breadth — Time-off offerings are characterized as robust, including paid holidays, PTO/vacation, paid sick time, and parental leave. Flexible time off for certain exempt roles and reported year-end shutdown periods further strengthen perceived coverage.

Alcon Insights

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The Company
HQ: Geneva
20,962 Employees
Year Founded: 1945

What We Do

Alcon helps people see brilliantly. As the global leader in eye care with a heritage spanning more than seven decades, we offer the broadest portfolio of products to enhance sight and improve people’s lives. Our Surgical and Vision Care products touch the lives of more than 260 million people in over 140 countries each year living with conditions like cataracts, glaucoma, retinal diseases and refractive errors. Our more than 20,000 associates are enhancing the quality of life through innovative products, partnerships with eye care professionals and programs that advance access to quality eye care.

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