Our client is looking for a Senior Compensation Analyst to conduct classification analysis and participate in special projects and studies as needed. You will coordinate the completion and maintenance of job descriptions ensuring compliance with Federal and State regulations.
Job Title: Senior Compensation Analyst
Location: North Chicago, IL
Hours: Monday through Friday; 8: 00 a.M. To 5: 00 p.M.
Similar Positions: Compensation, Benefits, HR Generalist, HR Payroll
Job Duties for the Senior Compensation Analyst:
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 for the Senior Compensation Analyst:
Bachelor s degree required
Must have experience managing large projects
5 to 8 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