Executive Compensation Consultant

McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve – we care.

What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow’s health today, we want to hear from you.

Executive Compensation Consultant (P4)

Reporting to the Senior Director, Executive Compensation, this role contributes to the design, analysis, and administration of executive compensation programs. This includes supporting Compensation and Talent Committee preparation, developing compensation analyses, and partnering with HR and Legal to ensure alignment with business strategy and compliance standards. The ideal candidate brings strong analytical capabilities, attention to detail, and a demonstrated ability to deliver high-quality work independently while collaborating across functions.

Key Responsibilities

• Compensation and Talent Committee Support – Lead dedicated portion of the preparation of Compensation and Talent Committee materials to support the Committee’s annual meeting cycle.

  • Contribute to the preparation of meeting materials and assist in conducting market research and benchmarking.

  • Build and refine compensation models and support design proposals.

  • Partner with Legal and external advisors to monitor regulatory developments.

• Annual Proxy Statement – Contribute to and lead certain executive compensation sections of McKesson’s annual proxy statement.

  • Support preparation of the executive compensation sections of McKesson’s annual proxy statement

  • Draft assigned tables, graphics, and narratives in collaboration with Legal and Corporate Governance.

  • Collaborate with Legal on disclosure accuracy and consistency.

• Executive Compensation Support – Develop compensation recommendations for executive level moves (e.g., external hires, promotions, separations, etc.).

  • Conduct benchmarking and develop compensation recommendations for executive roles.

  • Work directly with HR Business Partners and Talent Acquisition on offers, promotions, and exits.

  • Support annual compensation review processes and prepare deliverables for senior stakeholders.

• Incentive Plan Administration – Provide oversight on the design and administration of McKesson’s enterprise short-term incentive plan (MIP).

  • Contribute to the design and operational execution of the short-term and long-term incentive plans.

  • Support year-end results modeling and payout processes for the Management Incentive Plan.

  • Participate in plan communication and education efforts to increase program understanding.

  • Assist in evaluating plan implications for mergers, acquisitions, and divestitures.

Minimum Job Qualifications

Degree or equivalent and typically requires 7+ years of relevant experience.

Additional Experience

• 4–7 years of compensation or relevant professional experience.

• Strong analytical and Excel skills, including comfort with large datasets and financial modeling.

• Familiarity with executive compensation design and regulatory environment (e.g., SEC, proxy advisors).

Critical Skills

• Ability to synthesize data and communicate insights clearly to non-technical stakeholders.

• Effective project management and prioritization in a dynamic, fast-paced environment.

• Experience with data visualization or automation tools (preferred).

• Exposure to AI tools for efficiency and analysis (preferred).

Education

• Bachelor’s degree required

• MBA or other advanced degree preferred

Certifications/Licensure

• CCP or CECP preferred

Physical Requirements
General Office Demands

Travel less than 10%

We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, please click here.

Our Base Pay Range for this position

McKesson is an Equal Opportunity Employer

McKesson provides equal employment opportunities to applicants and employees and is committed to a diverse and inclusive environment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age or genetic information. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.

Join us at McKesson!