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Compensation Benefits Specialist

The Fountain Group
Lincolnshire, IL Contractor
POSTED ON 1/20/2025 CLOSED ON 1/24/2025

What are the responsibilities and job description for the Compensation Benefits Specialist position at The Fountain Group?

Job Opportunity: Compensation Specialist (In-Office)

Location: Lincolnshire (In-office due to temporary employment)

Responsibilities:

  • Review AAP/EEO categories for accurate assignment
  • Lock editing on Offer Template
  • Add and validate new field (job subfamily) in HCM
  • Support Annual Compensation Planning (ACP) with audits/reporting
  • Assign SOC designation
  • Conduct Mid-year Minimum Wage Review and HCM Audit
  • Prepare Headcount Report with new fields for premiums and discounts
  • Create Knowledge Base Articles from existing resources
  • Document processes as needed
  • Create annual calendar of activities
  • Audit ACP Playbook processes
  • Handle Tier 1 People Team Cases
  • Support global compensation survey management, ensuring data integrity and analysis
  • Perform cost modeling for merit budget and salary structure design to remain market competitive
  • Provide expertise on job leveling, evaluation, market pricing, internal equity, and competitive pay analysis
  • Maintain compensation management software 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 require


Key Competencies and Skills:

  • High attention to detail and ability to maintain confidentiality
  • Strong analytical and decision-making skills
  • Ability to prioritize efficiently and manage competing priorities
  • Excellent time management skills to deliver upon goals in a fast-paced, high volume, deadline-driven environment
  • Agile and innovative approach
  • Advanced experience in Excel and PowerPoint

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