What are the responsibilities and job description for the Principal, Compensation Design & Strategy position at Newmont Mining?
Workplace Type: Hybrid
Posting End Date: 1 May 2025
Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America& Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical proficiency. Newmont was founded in 1921 and has been publicly traded since 1925.
At Newmont, people create the value in the metals we mine and are ambassadors in the communities where they live and work. As a team, we foster an environment in support of our people vision, where everyone belongs, thrives and is valued. We have built a diverse and inclusive workplace where our people can bring their differences to support delivering results together.
Newmont’s Corporate Headquarters are located in Denver, Colorado with roles in Engineering, IT, Finance, Accounting, Human Resources and much more.
Join us and unearth your potential in a global company that is at the forefront of shaping the future of the mining industry.
Your impact
As a key leader in our Total Rewards team, you will drive the strategy and design of our non-executive compensation programs. Your expertise will ensure our pay structures are competitive, equitable, and aligned with business objectives, enabling us to attract, retain, and motivate top talent. This position reports to the Head of Executive Compensation and Broad-Based Compensation Strategy.
As part of our team you will
We understand no candidate will meet every single desired qualification. If your experience looks a little different from what we’ve identified and you think you can bring value to the role, we’d love to learn more about you!
The salary range offered for this role is USD $146,250 - 204,750. 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. This role also will be eligible for participation in a discretionary long-term incentive program, pursuant to which an employee may receive awards based on their level and 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; defined benefit pension; 401(k) program with company match; financial planning; employee assistance program (EAP); wellbeing reimbursement program; adoption assistance; 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.
When submitting your resume or CV or any other application materials (including school transcripts, proof of graduation, etc.) to Newmont, it's important to focus on your relevant skills, experience, and qualifications to show how well you fit the role. Pursuant to Colorado law, you may choose to remove or redact any age-identifying information (for example, age, date of birth, dates of school attendance, dates of school graduation, etc.). You will not be penalized for redacting or removing this information. Newmont is an equal employment opportunity employer, and does not make hiring decisions based on age or any other protected characteristics (e.g., gender, sexual orientation, disability, race, national origin, religion).
Please note that if you are offered a position, the company may need to verify your date of birth for preemployment screening purposes including background check and prohibited party screening. But age-related information is not required for the application process.
Posting End Date: 1 May 2025
Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America& Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical proficiency. Newmont was founded in 1921 and has been publicly traded since 1925.
At Newmont, people create the value in the metals we mine and are ambassadors in the communities where they live and work. As a team, we foster an environment in support of our people vision, where everyone belongs, thrives and is valued. We have built a diverse and inclusive workplace where our people can bring their differences to support delivering results together.
Newmont’s Corporate Headquarters are located in Denver, Colorado with roles in Engineering, IT, Finance, Accounting, Human Resources and much more.
Join us and unearth your potential in a global company that is at the forefront of shaping the future of the mining industry.
Your impact
As a key leader in our Total Rewards team, you will drive the strategy and design of our non-executive compensation programs. Your expertise will ensure our pay structures are competitive, equitable, and aligned with business objectives, enabling us to attract, retain, and motivate top talent. This position reports to the Head of Executive Compensation and Broad-Based Compensation Strategy.
As part of our team you will
- Develop and refine compensation strategies for base pay, job architecture, recognition, and incentives.
- Partner with HR, Finance, Legal, and Operations to align pay programs with business goals.
- Analyze market trends, benchmarking data, and regulatory changes to optimize compensation programs.
- Leverage technology and data analytics to enhance compensation processes and reporting.
- Provide insights and recommendations to executive leadership on compensation design and strategy.
- 10 years of progressive experience in compensation strategy or total rewards within a medium to large multinational organization.
- 5 years of experience managing compensation programs in a large organization (preferred).
- Bachelor’s degree in Human Resources, Business Administration, Finance, Economics, or a related field (Master’s degree or higher preferred).
- Strong knowledge of broad-based compensation principles, pay regulations, and market analysis.
- Advanced skills in data analytics, HR systems, and compensation tools.
- Excellent strategic thinking, problem-solving, and collaboration skills.
- Professional certifications such as Certified Compensation Professional (CCP), Global Remuneration Professional (GRP), or Senior Professional in Human Resources (SPHR) are a plus.
- Exposure to executive compensation is a plus.
- Global team collaboration in a fast-paced, people-focused organization.
- Opportunities to work with senior leadership on compensation strategies.
- Hybrid work flexibility with an emphasis on work-life balance—primarily remote work arrangement, with in-office presence for key stakeholder meetings as needed (typically 3 to 4 days per month).
- Authorization to work in the United States is required, with Denver as the preferred location (remote work with quarterly travel to Denver may be considered).
We understand no candidate will meet every single desired qualification. If your experience looks a little different from what we’ve identified and you think you can bring value to the role, we’d love to learn more about you!
The salary range offered for this role is USD $146,250 - 204,750. 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. This role also will be eligible for participation in a discretionary long-term incentive program, pursuant to which an employee may receive awards based on their level and 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; defined benefit pension; 401(k) program with company match; financial planning; employee assistance program (EAP); wellbeing reimbursement program; adoption assistance; 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.
When submitting your resume or CV or any other application materials (including school transcripts, proof of graduation, etc.) to Newmont, it's important to focus on your relevant skills, experience, and qualifications to show how well you fit the role. Pursuant to Colorado law, you may choose to remove or redact any age-identifying information (for example, age, date of birth, dates of school attendance, dates of school graduation, etc.). You will not be penalized for redacting or removing this information. Newmont is an equal employment opportunity employer, and does not make hiring decisions based on age or any other protected characteristics (e.g., gender, sexual orientation, disability, race, national origin, religion).
Please note that if you are offered a position, the company may need to verify your date of birth for preemployment screening purposes including background check and prohibited party screening. But age-related information is not required for the application process.
Salary : $146,250 - $204,750
