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