Compensation Analyst

Our client is a global leader in aluminum extrusion. They are committed to shaping a sustainable future by focusing on developing natural resources into innovative and efficient products and solutions for industries that make a meaningful impact on society.

Location: Hybrid/Flexible schedule, based in Rosemont, IL.

Job Responsibilities:

• Develop and maintain accurate job descriptions in collaboration with internal HR teams and managers.
• Evaluate job positions in consultation with HR and business leaders, considering factors such as responsibilities, qualifications, and market demands to establish fair and competitive compensation levels.
• Analyze and address pay equity issues, providing recommendations for resolution.
• Conduct job evaluations for salaried positions using Mercer's International Position Evaluation (IPE) system.
• Formalize and document annual pay and incentive plan reviews.
• Lead or participate in special compensation projects.
• Assist in documenting Compensation policies and practices.
• Conduct in-depth salary benchmarking using reputable data sources to ensure competitive pay scales aligned with industry standards.
• Prepare company data for salary surveys to support ongoing improvement of compensation programs.
• Stay informed about federal, state, and local compensation laws to ensure company compliance.
• Review jobs for FLSA testing and compliance initiatives.
• Prepare and present summary reports of job and compensation analyses.
• Develop compensation training materials and programs to educate HR leaders, managers, and employees about company pay philosophy and programs.
• Less than 5% travel required.
• Additional duties and projects as assigned.

Required Education/Experience:

• Bachelor's degree in human resources or related field, or equivalent education and experience.
• Minimum of three (3) years of experience as a Compensation Analyst.
• Demonstrated experience in advanced analytical and presentation skills for compensation-related projects.
• Functional knowledge of compensation methodologies and pay structures.
• Strong aptitude in data analysis and research methods.
• Solid understanding of HR systems, job codes, and salary structures.
• Ability to analyze, influence, and interpret policies, practices, and procedures.
• Ability to handle sensitive and confidential employee information.

Preferred Skills/Qualifications:

• Excellent verbal and written communication skills.
• Proficiency in MS Office Word, Excel, and PowerPoint, and HRIS systems.
• Prior experience with SAP SuccessFactors, UKG, and Mercer WIN systems a plus.
• Strong analytical skills with the ability to interpret complex data and derive actionable insights.
• Solid understanding of compensation principles, including short-term incentive, salary structures, and job grading.
• Detail-oriented with a focus on accuracy and precision in work.
• Ability to work independently and collaboratively in a fast-paced environment.
• SHRM-CP, SHRM-SCP, PHR, SPHR, or CCP certification preferred.

Employee Benefits:

• Medical, Rx, Dental, Disability, Life Insurance, Flexible Spending Accounts.
• Retirement Savings Plans with Company Match/Contributions.
• Education Assistance.
• Bonus Plan Eligibility.
• Parental Leave.