Senior Compensation Analyst

The Inland Real Estate Group of Companies
Oak Brook, Illinois, US
Full-time

The Senior Compensation Analyst's primary responsibilities are to assist in developing, implementing, and administering compensation plans to attract, retain, and engage employees.

This role will also serve as an internal compensation consultant. The Senior Compensation Analyst will help ensure that our compensation programs remain competitive and align with our business strategies by providing vital data and insight to the people team, Finance colleagues, and business leaders across Inland.

Do you have the right skills and experience for this role Read on to find out, and make your application.

CORE RESPONSIBILITIES :

  • Demonstrates highest standards of personal and professional integrity, adheres to company’s policies and procedures, and complies with applicable laws, government rules and regulations.
  • Be the market data expert and own all aspects of compensation data and analysis throughout the full employee life cycle including data reporting, updates and audits.
  • Conducts annual benchmarking cycles; analyze and assess market data, industry trends, and best practices to create market competitive programs.

Participate in industry surveys in conjunction with compensation leadership to support competitive analysis of Inland’s compensation program.

  • Develop and adjust salary ranges as needed. Includes ensuring pay equity.
  • Recommends job classifications and manage the integrity across entire population to ensure compensation practices are in compliance with current regulations in all markets.

Conduct job evaluations for all levels (non-exempt, exempt, managerial and executive level roles).

  • Builds exceptional relationships with managers of all organizational levels to review and understand the job functions and department organizations.
  • Prepares and analyzes reports related to employee benefits and compensation, including monthly reporting for HR Metrics.

Reviews data and presents in an effective way to tell the story.

  • Ensures appropriate alignment and controls with administrative process when auditing and compensation data.
  • Support People Partners on compensation related issues and work closely with Recruiting in the offer process.
  • Develop and manage compensation communication materials.
  • Work closely with Finance professionals to manage compensation budgets throughout the year.
  • Support Inland companies and its affiliates in performing the annual merit review process and pay equity analysis.
  • Support the compensation review process.
  • Develop and iterate data analytics and ad hoc reporting on People and Compensation data.
  • Assists in Bonus planning.
  • Ensures compliance with related laws, rules and regulations as needed. Maintains knowledge of government regulations, compensation program trends, and prevailing practices among similar organizations.

Ensures compliance of compensation administration with federal and state laws, included IRS and DOL regulations.

Other duties as assigned.

QUALIFICATIONS : Education :

Education :

This position requires a Bachelor’s degree, in Human Resources, Business Administration or in related field from a four-year college or university or equivalent professional knowledge and / or work experience.

Experience :

Minimum of 5 years of experience in Compensation and Human Resources Generalist experience.

Certifications / Licenses :

HRM Certified Professional (SHRM-CP) or SHRM Senior Certified Professional (SHRM-SCP) credential a plus.

Skills :

  • Intermediate skills in Microsoft Word, Excel, Outlook are required for this position.
  • Strong knowledge of employment laws and regulations including but not limited to ERISA, COBRA, ACA, IRS, DOL, Title 7, ADA, FMLA, FLSA and ability to apply to workplace situations.
  • Strong experience with HCM, benefits and compensation modules in Ceridian Dayforce.
  • Strong analytical skills, organization skills and must have the ability to handle multiple priorities.
  • Excellent written and verbal communication skills.
  • Proficiency in Microsoft Office suite, particularly with advanced functions in Microsoft Excel.
  • Ability to maintain confidentiality and discretion at all times.

J-18808-Ljbffr

1 day ago
Related jobs
Health Care Service Corporation
Chicago, Illinois

As our Senior Compensation Analyst, you will be a key partner and support to help execute on corporate compensation governance matters; including facilitating approval and documenting corporate compensation plans; performing corporate compensation effectiveness analysis; and actively engaging in dis...

NorthShore University HealthSystem
Warrenville, Illinois

As the Senior Compensation Analyst, you will have the opportunity to design, implement, and evaluate compensation programs throughout our growing organization. Position: Senior Compensation Analyst. In this role, you will be able to manage larger scale system-wide projects related to compensation. M...

The Inland Real Estate Group of Companies
Oak Brook, Illinois

The Senior Compensation Analyst's primary responsibilities are to assist in developing, implementing, and administering compensation plans to attract, retain, and engage employees. The Senior Compensation Analyst will help ensure that our compensation programs remain competitive and align with our b...

Inland Group
Oak Brook, Illinois

The Senior Compensation Analyst's primary responsibilities are to assist in developing, implementing, and administering compensation plans to attract, retain, and engage employees. The Senior Compensation Analyst will help ensure that our compensation programs remain competitive and align with our b...

Promoted
Loyola University Chicago
Maywood, Illinois

The ideal candidate will support our Postdoctoral Research Associates and Principal Investigator in data quality assessment, data cleaning and analysis. Develops systems for improved data management and extraction of geospatial data. HEALTH INFORMATICS & DATA SCI. Collates, cleans, and analyzes data...

Promoted
IT Associates
Rosemont, Illinois

Our client is looking to add an Business Systems Analyst that enables change by working with our Business to define their needs. The Business Analyst is responsible for collecting and documenting business requirements from various business teams and provides written functional requirements for vario...

Promoted
LHH
Elk Grove Village, Illinois

If you are interested in this Senior Financial Analyst job in the Chicago area or other accounting and finance opportunities then please forward your resume to Marla. This is a newly created Senior Financial Analyst that will report to the Director of FPA as well as work closely with the executive t...

Promoted
Connect Search, LLC
Oak Brook, Illinois

Keys to an interview: Senior Financial Analyst | Manufacturing. Key responsibilities: Senior Financial Analyst | Manufacturing. At least 2-3 years of relevant Financial Analyst experience. Analyze financial data and prepare various reports, including budget comparisons, profit analyses, financial ra...

Promoted
Advocate Health
Oak Brook, Illinois

The Workers Compensation Claims Support Spec provides support and backup for the administration of workers' compensation claims for the organization. Workers' Compensation and/or Liability claims. ...

Promoted
TATA Consulting Services
Des Plaines, Illinois

Business Data Systems Analysts / Technical Analyst serve as consultants to business units in planning and coordinating systems analysis, design, and implementation projects to automate processing or improve business systems through the use of Data Related Capabilities and Services. Gathers business ...