Compensation Analyst II

This is a fully remote position, open to applicants in Illinois.

📋 Description

• Engage in the creation and management of comprehensive compensation programs and policies through market analysis, research, audits, system testing, and effective communication.

• Offer compensation advice to HR Business Partners and other organizational leaders.

• Oversee aspects of analytics, testing, and administration for annual merit and bonus cycles, as well as the design and upkeep of salary structures and annual incentives.

• Conduct data gathering, cost modeling, documentation of requirements, testing/auditing, and provide customer support.

• Maintain compensation market information and take part in salary surveys related to compensation.

• Execute job evaluations.

• Manage special pay practices, including on-call/callback pay, shift differential pay, and unique bonus programs.

• Collaborate with talent acquisition to assess and propose modifications to compensation.

• Work with HR Technology to ensure data integrity and efficient management of compensation processes through HRIS.

• Contribute to the development of materials for compensation communication.

• Co-manage large compensation initiatives and lead small to mid-sized compensation projects.

⛳️ Requirements

• Bachelor’s degree in Business Administration, Finance, Human Resources, or Economics.

• A minimum of 1 year of prior experience as a compensation analyst.

• Demonstrated ability to lead and manage projects from inception to completion.

• Understanding of confidentiality obligations related to Human Resources practices.

• Familiarity with various job evaluation methods, practices and methodologies for salary surveys, salary structures, job documentation, elements of total rewards, and career ladder concepts.

• Intermediate to advanced proficiency in Microsoft Office 2003 or later, including Word, Excel, and PowerPoint.

• Knowledge of relevant wage and hour regulations.

• Experience providing customer service to both internal and external stakeholders, including adherence to quality service standards and assessment of customer satisfaction.

• Minimal travel requirements (less than 10%).

• Certification as a Compensation Professional is preferred.

• A Bachelor’s degree in Human Resources is preferred.

🏝️ Benefits

• Medical, Dental, & Vision Insurance.

• Paid Time Off.

• Bonding Time Off.

• 401K Retirement Savings Plan with Company Match.

• HSA Company Match.

• Flexible Spending Accounts.

• Tuition Reimbursement.

• myFlexPay.

• Family Support.

• Mental Health Services.

• Company Paid Life Insurance.

• Award/Recognition Programs.