People & Culture Senior Analyst, Compensation

Job Summary:

The People & Culture (P&C) Senior Analyst Compensation will take team lead on enterprise-wide programs within the Performance and Compensation Center of Excellence (COE). The Senior Analyst will drive process and/or program improvements through the use of best practice gathering, synthesizing feedback and data, and technical expertise, while also ensuring compliance with applicable regulatory and/or policy obligations. The Senior Analyst lends subject matter expertise on firm wide and/or business line initiatives. The role collaborates with People & Culture colleagues and business leaders across the firm to build solutions that support strategic priorities.

Job Duties:

• Leads firm-wide employee compensation programs, including but not limited to annual compensation cycle, benchmarking and market trend analyses, and recommendations on program design
• Executes complex analyses of internal and external compensation data
• Leads annual compensation cycle activities, including planning, data preparation, system configuration, manager guidance, approval reporting, and post-cycle analysis
• Administers salary survey participation, including survey selection, benchmarking, job matches, data validation, submission, and results analysis
• Interprets and applies pay transparency requirements and leads compliance discussions and related projects from the compensation team
• Evaluates job descriptions and applies job evaluation criteria to correctly classify roles under wage and hour laws and to support job architecture, job leveling, and compensation decisions
• Diagnoses opportunities for improvement, makes policy or program enhancement recommendations and implements approved process improvements
• Develops and implements communication strategy, project plans and standard operating procedures for assigned programs
• Stays abreast of organizational changes and best practices and incorporates knowledge into project planning
• Maintains compliance with applicable regulatory obligations and internal policies
• Evaluates HCM Cloud capability for supporting program goals and deliverables and collaborates with P&C System counterpart on implementing solutions
• Lends expertise to compensation projects and initiatives
• Develops compensation reports, dashboards, presentations, and executive-level summaries
• Other duties as required

Supervisory Responsibilities:

• Mentors, coaches, and guides team members on projects and deliverables

Qualifications, Knowledge, Skills and Abilities:

Education:

• Bachelor’s degree, required
• Master’s degree in business, human resources/labor relations, or organizational development, preferred

Experience:

• Five (5) or more years of experience in base compensation program management, required
• Experience evaluating markets trends affecting pay practices and developing business solutions, required
• Data analysis experience required
• Experience applying regulatory (e.g., FLSA, Pay Transparency) and/or compliance standards to daily work, required
• Experience managing and implementing organization wide projects or programs, required
• Experience with incentive pay design, preferred

License/Certifications:

• Certified Compensation Professional (CCP), preferred

Software:

• Cloud experience, such as HCM Cloud or equivalent, required
• Proficient in the use of Microsoft Office Suite, specifically Access, Excel, Outlook, PowerPoint, Project and Word, required
• Power BI experience, preferred

Language:

• N/A

Other Knowledge, Skills & Abilities:

• Takes initiative
• Effective communication skills
• Solid organizational skills with the ability to meet project deadlines with a strong focus on details
• Strong analytical and problem-solving skills
• Ability to multi-task while working independently or within a group environment
• Ability to work in a demanding, deadline-driven environment and handle multiple projects simultaneously
• Ability to influence and build relationships
• Must be able to maintain confidential information and matters with discretion
• Ability to communicate with all levels of leadership while providing a high level of customer service and confidentiality
• Able to appropriately use technology to improve processes and efficiency

Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography.

Illinois Range: $90,000 - $110,000