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Compensation Specialist

Chicago, IL

In this important role you will analyze, recommend, implement, communicate and administer competitive, efficient, and internally equitable compensation programs across North America. This opportunity is ideal for compensation professionals with experience transforming compensation and benefits programs.

Will function as a Project Manager, leading a North American-Wide Compensation Transformation (by designing, developing and implementing/rolling out consistent Compensation, Bonus and Benefits programs) across 6 facilities in the US (2) and Canada (4). Will effectively communicate with each facility's HR and Management teams on current and future Compensation programs (from current plan analysis to new plan rollout). 

  • Conduct data, cost analyses and provides recommendations for market pricings requests on new positions, promotions, transfers and other job or organizational changes

  • Provide consultation for HR, supervisors, specialists, and employees on Company compensation programs (across all 6 facilities)

  • Ensure titling, job structures, codes, etc. are in compliance with policy and directives and properly maintained in system

  • Create and revise models for management regarding potential compensation plan changes. Research, recommend and implement new strategies and processes

  • Lead annual wage increase and bonus payout cycles

  • Support long-term incentive plan administration and reporting

  • Ensure regulatory compliance of all compensation programs; conducts periodic audits to identify any potential problems or non-compliance issues

  • Identify and participate in appropriate external compensation surveys

  • Develop, analyze, and prepare recurring HR metric reports as well as ad-hoc statistical reports

  • Work closely with Finance to prepare monthly incentive plan information to inform accruals

Requirements

  • BA/BS degree in Human Resources, Accounting, Finance, Mathematics or Economics or related field

  • 7-15 years of experience in compensation program design and administration, or commensurate experience

  • Experience in Project Management and large-scale HR transformational projects (i.e. global job leveling)

  • Compensation, HR or other Financial certifications a plus

  • Experience reporting from payroll and HRIS systems, preferably Workday

  • Ability to work with all levels of management and the workforce as well as team members is essential

  • Must be able to function independently, work with some ambiguity, demonstrate a high degree of confidentiality, business decision-making skills, execute on projects/tasks/deadlines, and manage across various groups

  • Able to quickly prioritize competing deliverables

  • Must have strong attention to detail, problem solving and trouble shooting.

  • Excellent interpersonal and communication skills with customer-centric approach

  • High proficiency in Microsoft Office skills in Word, Excel, PowerPoint with ability to create reports; Visio a plus

  • Knowledge of Canadian compensation/benefits and data sources is a plus

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