McKesson requires new employees to be fully vaccinated for COVID-19 as defined by the CDC, subject to applicable, verified accommodation requests.
McKesson Corporation is a global leader in healthcare supply chain management solutions, retail pharmacy, community oncology and specialty care, and healthcare information solutions. McKesson partners with pharmaceutical manufacturers, providers, pharmacies, governments and other organizations in healthcare to help provide the right medicines, medical products and healthcare services to the right patients at the right time, safely and cost-effectively. United by our ICARE shared principles, our employees work every day to innovate and deliver opportunities that make our customers and partners more successful – all for the better health of patients. McKesson has been named a “Most Admired Company” in the healthcare wholesaler category by FORTUNE, a “Best Place to Work” by the Human Rights Campaign Foundation, and a top military-friendly company by Military Friendly. For more information, visit www.mckesson.com.
We take pride in our culture of connection and believe in a workplace where everyone can be their full, authentic self. We welcome and encourage veterans, individuals with disabilities and others with diverse perspectives to join our growing team. Your unique perspective and experience are valuable assets that can translate into a rewarding career path with us. Apply to join our team and help shape the future of healthcare!
Current Need
Reporting to the Senior Manager, Executive Compensation, this key role will lead and participate in a variety of executive compensation projects. S/he will conduct benchmarking and develop compensation recommendations for executive level roles, lead the preparation of executive compensation sections in our annual proxy statement, drive the creation of Compensation and Talent Committee materials and analyses throughout the fiscal year, and work on a variety of engaging initiatives on McKesson’s enterprise short- and long-term incentive programs.
Key Responsibilities
Executive compensation support – provide ongoing analytical and consultative compensation support to HRBPs and business leaders for McKesson’s executive population.
Assist in developing compensation recommendations for new hires, promotions, and other actions (retirements, special incentives and retention programs, etc.).
Conduct competitive benchmarking for executive level jobs using surveys.
Annual proxy – serve as the compensation co-lead for production and publication of executive compensation sections of McKesson’s annual proxy statement.
Own all proxy executive compensation tables and footnotes.
Design engaging and informative graphics for inclusion in Compensation Discussion and Analysis (CD&A) section of annual proxy.
Work closely with legal counsel on all compensation-related disclosures in the CD&A, as well as supplemental shareholder engagement materials.
Compensation and Talent Committee (the “Committee”) support – provide analytical support and competitive peer analysis to senior management and the Committee of the Board.
Assist with program design by conducting market research and peer group analysis.
Develop models to analyze pro-forma pay and plan design changes, and their impact on executive compensation opportunity.
Work closely with legal counsel to monitor and communicate proxy advisor policy changes, legislative changes, and SEC rules.
Annual Incentive Plan – provide oversight on the design and administration of McKesson’s broad-based annual cash incentive plan.
Lead senior stakeholders in Accounting, Finance and Talent Management through the year-end result consolidation and approval process for the Committee.
Influence program design by utilizing market research and internal analysis to support recommendations.
Oversee the annual incentive plan risk assessment, coordinating the completion of questionnaires and consolidating results for delivery to the Committee.
Long-term Incentive Program – provide oversight on the design and administration of McKesson’s long-term incentive programs.
Drive analysis to support senior management and the Committee on topics pertaining to long-term incentives.
Design and implement innovative and balanced long-term incentive strategies that align McKesson’s strategic business objectives with shareholders’ interests.
Monitor and forecast equity utilization (i.e., burn rate) of McKesson’s plans.
Own LTI award exhibits and own all other LTI-related content, including presentations to senior management and the Committee.
Minimum Requirements
4+ years relevant experience
Critical Skills
1 – 3 years of progressive experience in executive and/or broad-based compensation, or at least 1 year of consulting experience at an executive compensation consulting firm.
Expert user of MS Office suite, particularly Excel, is critical. Knowledge of MS Access a strong plus.
Proactive, resourceful and organized with strong project management and teamwork skills with ability to manage multiple priorities in a fast-paced dynamic environment. Highly detail- and results-oriented with strong work ethic, sense of urgency and passion for delivering flawless work.
Persuasive with excellent written, oral and interpersonal skills. Ability to deal with ambiguity and rapidly adapt to change in time-sensitive situations.
Experience designing, planning and administering executive compensation programs. General working knowledge of SEC disclosures, corporate governance, and executive compensation regulations.
Demonstrated ability to creatively frame and solve complex problems through rigorous quantitative and qualitative analysis. Exceptional research skills, strong business acumen and ability to quickly draw and communicate data-driven insights and trends.
Education
Bachelor’s degree or 4+ years relevant work experience
Certifications/Licensure
CECP, CEP or CCP a plus
Physical Requirements
General Office Demands
Travel less than 10%
McKesson is an Equal Opportunity/Affirmative Action employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.Qualified applicants will not be disqualified from consideration for employment based upon criminal history.
McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to [email protected]. Resumes or CVs submitted to this email box will not be accepted.
Current employees must apply through the internal career site.
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