What are the responsibilities and job description for the Compensation Analyst position at Compunnel Inc.?
Job Title : Rewards Analyst/Advisor/Compensation Analyst
Location: Lincolnshire, IL (60069 )
Contract long term
Description:
• Review AAP/EEO categories to ensure they are appropriately assigned.
• Lock editing on Offer Template.
• New field (job subfamily) to be added to HCM, once created and assigned, validate for accuracy.
• Support Annual Compensation Planning (ACP) with audits/reporting.
• Assign SOC designation.( Succession Planning (SOC))
• Mid-year Min Wage Review.
• HCM Audit (to align with Min Wage Review).
• Headcount Report - cheat sheet for the new fields added for premiums and discounts.
• Create Knowledge Base Articles from existing resources.
• Process documentation when needed.
• Annual calendar of activities to be created.
• ACP Playbook – audit processes.
• Tier 1 - People Team Cases.
• Support global compensation survey management process, from ensuring data integrity of submission through analysis and application of survey results.
• Perform cost modeling of merit budget and salary structure design and maintenance to ensure remains market competitive.
• Provide expertise and consultation to People Team on job leveling, evaluation, market pricing, internal equity, and competitive pay analysis.
• Maintain compensation management software tool and reporting.
• Proactively support annual rewards process, including planning, testing, auditing, analyzing pay for performance recommendations, and reviewing communications.
Education Requirements: Bachelor’s degree in human resources or related field or equivalent experience.
Work Experience: Minimum of 2-4 years of compensation experience required.
Key Competencies and Skills:
• High attention to detail and able to manage and maintain confidentiality.
• Strong analytical and decision-making skills.
• Ability to prioritize efficiently and manage competing priorities.
• Excellent time management skills to delivery upon goals in fast-paced, high volume, deadline driven environment by being agile and innovate.
• Drive projects through to completion in a timely manner, exhibiting Values and expectations.
• Advanced experience in excel and power point.
Salary : $35 - $40
