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Manager, Total Rewards

Mastercard

Manager, Total Rewards

Mastercard

Lisbon, Portugal

·

On-site

·

Full-time

·

1mo ago

Benefits & Perks

Health and wellness benefits

Professional development budget

Flexible work arrangements

401(k) with matching

Parental leave

Collaborative work environment

Learning

Flexible Hours

Parental Leave

Required Skills

Excel

SQL

Tableau

About Us

At Mastercard, we're powering economies and empowering people, building ​ a sustainable economy where everyone prospers.

Size: 10000+ employees
Industry: Consulting, Financial Services, Technology, Fintech

View Company Profile

Our Purpose

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Title and Summary

Manager, Total Rewards

Overview:

  • Supports the design and development of compensation programs, contributing to a rewards strategy that recognizes diverse employee needs.
  • Collaborates with partners within and outside Total Rewards to ensure a superior experience of compensation programs for all Mastercard employees.
  • Contributes to building and maintaining competitive and equitable Total Rewards practices, with a focus on compliance with evolving regional regulations, particularly in European markets.

Responsibilities:

  • Supports the design and development compensation strategies, and programs.

  • Support the management of compensation programs, including base salary, variable pay, and annual compensation cycles.

  • Provides support for geographic compensation reviews, including reviewing compensation programs, pay mix changes, target changes, and salary structures.

  • Supports the design and delivery of training and education for managers, employees, and P&C on total rewards topics.

  • Supports compliance with the EU Pay Transparency Directive, including preparation of required pay gap reporting, ensuring pay transparency in job advertisements and offers, and communication and education for employees and managers.

  • Supports initiatives related to pay fairness, compliance, and governance, including pay transparency, living wage interventions, local gender pay regulatory reporting, and responding to economic volatility.

  • Assists with analysing market data and reviewing internal salaries, allowances, and variable compensation to ensure competitiveness.

  • Experiences/Skills requirements

  • Strong understanding of compensation practices, benchmarking methodologies, and regulatory requirements.

  • Experience supporting the design of competitive compensation programs based on best practices in a global organization.

  • Successfully managed vendor and consultant relationships to deliver high quality solutions that meet timelines and budgets.

  • Ability to interpret data, identify trends, and present actionable insights.

  • Proficient in Excel and familiar with compensation tools or HRIS systems (e.g., Workday, Comptryx, Payfactors, Radford, etc.).

  • Strong interpersonal and communication skills; able to build relationships across levels and functions in a geographically diverse team.

  • Comfortable working independently and managing multiple priorities in a dynamic environment.

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:

  • Abide by Mastercard's security policies and practices;
  • Ensure the confidentiality and integrity of the information being accessed;
  • Report any suspected information security violation or breach, and
  • Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.

Email Address

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Client-provided location(s): Lisbon, Portugal

Job ID: Mastercard-22331_R-251713

Employment Type: OTHER

Posted: 2025-07-18T04:08:26
Apply on company site

Perks and Benefits

Health and Wellness

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Short-Term Disability
  • Long-Term Disability
  • FSA
  • FSA With Employer Contribution
  • HSA
  • HSA With Employer Contribution
  • Fitness Subsidies
  • On-Site Gym
  • Pet Insurance
  • Mental Health Benefits
  • Virtual Fitness Classes
  • Health Reimbursement Account

Parental Benefits

  • Birth Parent or Maternity Leave
  • Non-Birth Parent or Paternity Leave
  • Fertility Benefits
  • Adoption Assistance Program
  • Family Support Resources
  • On-site/Nearby Childcare
  • Adoption Leave

Work Flexibility

  • Flexible Work Hours
  • Remote Work Opportunities
  • Hybrid Work Opportunities

Office Life and Perks

  • Commuter Benefits Program
  • Casual Dress
  • Happy Hours
  • Snacks
  • Company Outings
  • On-Site Cafeteria
  • Holiday Events
  • Some Meals Provided

Vacation and Time Off

  • Paid Vacation
  • Paid Holidays
  • Personal/Sick Days
  • Leave of Absence
  • Volunteer Time Off

Financial and Retirement

  • 401(K) With Company Matching
  • Performance Bonus
  • Relocation Assistance
  • Financial Counseling
  • Stock Purchase Program
  • 401(K)
  • Company Equity

Professional Development

  • Tuition Reimbursement
  • Promote From Within
  • Mentor Program
  • Access to Online Courses
  • Lunch and Learns
  • Internship Program
  • Work Visa Sponsorship
  • Leadership Training Program
  • Associate or Rotational Training Program
  • Shadowing Opportunities

Diversity and Inclusion

Employee Resource Groups (ERG)

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About Mastercard

Mastercard

A financial network that processes payments between banks and cardholders

10,001+

Employees

Purchase

Headquarters

$360B

Valuation

Reviews

4.1

15 reviews

Work Life Balance

4.0

Compensation

3.5

Culture

3.5

Career

3.0

Management

3.0

65%

Recommend to a Friend

Pros

Good work-life balance reputation

Competitive compensation packages

Strong benefits and perks

Cons

Recent layoffs and job insecurity

Limited negotiation flexibility on salary

No RSUs for some positions

Salary Ranges

32 data points

Junior/L3

Mid/L4

Director

Junior/L3 · BizOps Engineer

4 reports

$107,508

total / year

Base

$82,698

Stock

-

Bonus

-

$97,500

$117,516

Interview Experience

7 interviews

Difficulty

3.3

/ 5

Duration

14-28 weeks

Offer Rate

29%

Experience

Positive 0%

Neutral 86%

Negative 14%

Interview Process

1

Application Review

2

Recruiter Screen

3

Technical Interview

4

Behavioral Interview

5

Final Round/Super Day

6

Offer Decision

Common Questions

Coding/Algorithm

Technical Knowledge

Behavioral/STAR

System Design

Past Experience