Sr Compensation Analyst LOC : Northbrook, IL
100,000 - 200,000
Job Description:
- The incumbent is responsible for assisting in the development, installation, and administration of compensation programs. Evaluates salaried, hourly, middle and top management positions.
- Assists in the administration of performance appraisal and salary administration programs, reviewing changes in wages and salaries for conformance to policy.
- Audits evaluation of positions and application of existing classifications to individuals.
- Conducts and participates in compensation surveys conducted by other companies.
- Assists in updating the salary structure.
Detailed Description
- Collaborates with the Global Total Rewards Manager/consultants on a variety of projects, including program design, analysis, budgeting, and implementation of new programs
- Administers U.S. base pay and bonus programs, including annual review cycle
- Manages projects such as survey participation and analysis and compensation integration
- Develops and documents procedures to streamline processes and ensure compliance with regulatory requirements. Coordinate with HR Managers to educate Managers
- Works with HRIS and IT staff to ensure that SAP meets compensation needs and is updated to reflect changes to salary, bonus programs, etc.
- Communicates salary and bonus programs
- Assists HR Managers and other managers with compensation-related issues
- Participates in regular project team meetings
- Works closely with project team members to participate in projects and assist in resolving problems
- Meet with, discuss, resolve employee questions and issues
- C Administrative/Miscellaneous
- SAP entry
Education
Bachelor\'s Degree (+16 years)
Job Qualifications
Education and Experience:
- Bachelors Degree required, in Human Resources or related fields. PHR or other related certification preferred.
- 8 plus years of experience in the analysis, design and/or administration of compensation programs.
Additional Knowledge, Skills And Abilities
- A high degree of computer literacy and problem solving skills
- Strong verbal, written and interpersonal communication skills in order to interact effectively with and establish rapport with all levels of management and employees
- Strong practical knowledge of employee compensation programs and related regulatory statutes in order to maintain compliance
- Ability to maintain a high level of integrity and confidentiality relating to employee information
- Comfortable in a fast-paced, dynamic environment