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Senior Compensation and Rewards Analyst

Senior Compensation and Rewards Analyst

Bel Brands USAChicago, Illinois, US
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Country : United States

City : Chicago

Job Family : Human Resources

Contract Type : Unlimited-term

Job ID : 52608

Senior Compensation and Rewards Analyst

Bel, makers of iconic brands including Babybel, The Laughing Cow, Boursin, Kaukauna, Merkts, Price's and GoGo squeeZ, is a growing global company that values your contributions, strives to create a sense of belonging for everyone and offers career growth and development opportunities, as well as competitive total compensation and meaningful well-being benefits from day one. For All, For Good, our company signature, reflects Bel's commitment to Purpose

  • Full Snacking, sustainability and responsible food for all. The company has headquarters for it's cheese business unit in Chicago and offices for GoGo squeeZ in New York City. Bel operates four US manufacturing plants in Little Chute, WI, and Brookings, SD, Nampa, ID, and Traverse City, MI.

#IWorkForAllForGood

Job Description Summary :

Under general supervision, the Sr. Compensation and Rewards Analyst participates in the design, implementation, and administration of compensation, mobility, and other cash-based employee benefit programs for the organization. This position requires strong analytical skills, market research capabilities, and a comprehensive understanding of compensation principles. The Sr. Compensation and Rewards Analyst ensures that the organization's compensation programs are competitive, equitable, and aligned with business objectives. This is a hybrid role based in Chicago.

Job Responsibilities & Tasks :

  • Conduct position analysis to establish FLSA status, salary grade assignment, and EEO classification to ensure legal compliance, internal equity, external competitiveness, and alignment with organization compensation strategy.
  • Lead the development and maintenance of salary structures, grade assignments, and market alignment of both.
  • Provide guidance to HR Business Partners on job analysis, job offers, promotions, salary adjustments and career development from a compensation program lens; apply knowledge of market, pay equity principles, and organization programs.
  • Participate in compensation surveys; identify and recommend appropriate surveys or changes in vendors; incorporate compensation survey data into compensation processes.
  • Lead the annual merit and bonus planning processes working collaboratively with HRIS, HR Business Partners, and Groupe Compensation.
  • Participate in the ongoing analysis of organization pay practices to understand program efficacy, make recommendations for improvement, and to ensure compliance with a variety of both legislated and organizational pay requirements.
  • Participate in the development and administration of cash and indirect cash rewards programs including but not limited to, allowance benefits, reimbursement benefits, and cash based recognition programs.
  • Develop, recommend, and implement as approved, organization wide mobility administration procedures to support the full life cycle of expatriate assignees and domestic relocations.
  • Develop and administer a variety of organization wide mobility programs including expat agreements, pay and salary changes, visa status, onboarding, offboarding, annual taxation and collection, and relocations; may also participate in the administration of VIE placement and domestic relocations.
  • Comply with all company policies, work rules, safety expectations, and other similar requirements.
  • Promote the organization's core values through personal demonstrated expression of behaviors and the integration of the core values into processes, policies, and decision-making.
  • Perform other duties as assigned.
  • Key Performance Indicator (KPI) :

  • Market competitiveness
  • Pay equity
  • Cost management
  • Effectiveness
  • Position Requirements :

    EDUCATION

  • College graduate level reading comprehension, mathematical skills, analytic ability, and subject matter expertise acquired through job related experience.
  • Certified Compensation Professional designation (CCP).
  • EXPERIENCE

  • At least five (5) years of experience developing and administering compensation or rewards programs in a corporate environment.
  • Experience developing, implementing, and administering wage progressions in a manufacturing or similar environment.
  • SKILLS

  • Strong knowledge of compensation principles, practices, and market trends.
  • Ability to apply strong knowledge of compensation related laws and regulations to the development and administration of compensation and other cash-based programs.
  • Proficient in conducting compensation research and using market survey data.
  • Highly skilled in data analysis and using statistical tools.
  • Exceptional analytical and problem-solving abilities.
  • Proficient in using spreadsheet and HRIS software.
  • Strong attention to detail and accuracy.
  • Ability to handle sensitive and confidential information with discretion.
  • Strong organizational and project management skills.
  • Ability to communicate effectively, verbally and in writing, about sensitive issues with individuals at all levels and within and without the organization.
  • Anticipates customer needs and provides solutions before concerns are expressed; continuously monitors customer feedback to identify trends and implement improvements that enhance the employee and HRBP experience.
  • PHYSICAL & TRAVEL REQUIREMENTS

  • Travel for this position is limited to infrequent conferences or company meetings, but may, as needs arise, be required to travel to individual factories for on-premises position analysis.
  • This position spends a significant amount of time working at a desk or computer, so the ability to sit for long periods comfortably is important.
  • Significant hand-eye coordination and dexterity is required to operate a keyboard and to navigate software systems and input data accurately.
  • This position involves working with documents, spreadsheets, and other detailed information which requires the ability to visually read and interpret data accurately on screens or paper.
  • Working Conditions :

    Work is performed largely in a #HYBRID office environment. Hours of work will generally be during regular business hours and average 40 hours a week. There may be some variation in work hours due to special projects, deadlines and other concerns. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    Total Rewards :

    Base Salary : $95,000 - $110,000

    Bonus Potential : 12%

    401k, Medical, Dental, Vision from Day One, PTO days and more

    Hybrid work schedule in Chicago

    Bel Brands is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran status, disability status or any other basis protected by applicable federal, state, or local laws. Bel Brands also prohibits harassment of applicants or employees based on any of these protected categories. It is also Bel Brand's policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions.

    Bel Brands is committed to recruiting, hiring and promoting people with disabilities and veterans. If you need an accommodation or assistance in using the website, please call 312-462-1500.

    If you think that this job is for you, please click now on the button "Apply".

    PI63158ae4f1a3-35196-38403251

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