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Compensation Specialist

Abbott Park, IL

Post Date: 09/19/17 Job ID: 41703 Industry: Analyst

HireLevel powered by Extra Help is searching for a Compensation Specialist for our client located in Lake County, IL

Job Title: Compensation Specialist

Job Type: Full-time, 1 year Contract

Location: Lake County, IL

Hours: Monday through Friday; 8: 00 a.M. To 5: 00 p.M.

Similar Positions: Compensation and Benefits, HR Generalist, HR Payroll

Job Duties:
  • Carry out job evaluations globally and recommend pay grades for new or revised jobs
  • Prepare recommendations on various pay actions such as promotions, equities, bonus buyouts, external offers, etc.) utilizing survey sources, market references, internal equity, and other data as appropriate
  • Completes survey submissions for annual and ad hoc salary surveys and utilizes results for the development of start rates, site wage proposals, salary structures and equity studies
  • Contribute support to special compensation projects such as salary planning, merit increases, short-term and long-term incentive plans.
  • Handle multiple tasks at once with differing deadlines
  • Other duties as assigned

Job Requirements:
  • Bachelor s degree required
  • Must be able to work in a fast-paced changing environment
  • 3-6 years of previous experience in a compensation analyst role
  • Experience with market data, equity analysis, job evaluations, processing merit/bonus incentives and Salary Survey/ Peer Data
  • Experience with Hay Point Method point system or any other related point systems ideal
  • Global compensation experience preferred

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