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    Compensation Analyst - Chicago, United States - True Value Company

    True Value Company
    True Value Company Chicago, United States

    2 weeks ago

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    Description

    Job Description

    Job Description

    True Value Company has an immediate need for a Compensation Analyst to working at our company headquarters near O'Hare Airport.

    This is a great entry-level opportunity to join an amazing team No Sponsorship or Relocation Assistance Provided

    Annual Salary Range: $60,000 to $75,000 *** based on experience and qualifications

    Incentive: This position is eligible to participate in the Company's Incentive Plan. Incentive target will be 10% of your annualized eligible earnings.

    Benefits True Value Company offers a competitive, total benefits package that acknowledges and rewards your contribution and performance. That's why we provide so many ways to help you be your healthiest self, physically, emotionally and financially. The benefits package include: medical, prescription drug, dental care, 401K (4% matching), holiday and paid time off, life insurance, short-term and long-term disability insurance, employee assistance program and employee discounts.

    The Compensation Analyst position is responsible for conducting and participating in salary surveys and benchmarking projects, writing, and evaluating position descriptions, conducting competitive analysis, and assisting in the administration of non-executive compensation programs.

    Responsibilities (May perform other duties and responsibilities, as assigned).

    1. Conducts various annual pay reviews; produces metrics on performance distribution, percent in range, merit movement, position in range, salary growth and other metrics and analyses as needed. Assists in the development of recommendations for new ranges and merit matrices as indicated by statistics and company strategic and financial plans. Documents and evaluates positions. Analyzes market data and current market position and makes recommendations for changes to ensure continued market competitiveness and internal equity.

    2. Works with managers and HR generalists to develop and evaluate (benchmark) non-exempt and exempt positions across the company.

    3. Acts as the primary focal point for merit and incentive plan administration on an annual basis.

    4. Obtains data and runs both standard and ad hoc reports on a monthly, quarterly, and as needed basis. Identifies ways to measure HR and organizational effectiveness.

    5. Assists on the technical end of various compensation projects to review base pay, incentives, merit, pay adjustments and other compensation related topics. May be required to deliver training on a small scale to managers and supervisors.

    6. Works with Compensation team on a variety of projects including program design, budgeting, and implementation, providing analytical support of these projects.

    7. Assists in developing, codifying, and updating compensation related procedures, training. policies and guidelines.

    Education & Experience

    · Bachelor's Degree or equivalent work experience.

    · 3-5 years of experience, preferably in Finance and/or Compensation.

    · Intermediate knowledge of MS Office (Word, Excel, and PowerPoint).

    · Experience working with HR systems and Compensation Software is preferred.

    Licenses & Certifications: Certified Compensation Professional (CCP) is a plus.

    Physical Requirements: Hearing, Seeing, Sitting, Standing, Stooping, Talking, Typing, Visual Acuity, Walking

    Work Environment: Generally, works in climate-controlled office environment or home.

    Travel: 0%

    Job Type: Full-time

    Pay: $60, $80,000.00 per year

    Company DescriptionHeadquartered in Chicago, IL, True Value has a proud heritage of supporting the growth and success of independent retailers—it's how we started, how we operate now and how we see the future. In an age of retail chains and big boxes, we understand that both retail and wholesale customers still value quality products, exceptional service and expert advice. This is the foundation of our business.

    After seven decades working with independent hardware retailers, today's True Value is not only a stalwart of the industry, but also has the experience, the relationships, and most importantly the network of independent stores to ensure a long and bright future for the business.

    Committed to long-term sustained growth and success, True Value serves more than 4,500 stores worldwide with retail sales in their communities, totaling about $10 billion, with 13 regional distribution centers and approximately 2,500 True Value Associates.

    Company Description

    Headquartered in Chicago, IL, True Value has a proud heritage of supporting the growth and success of independent retailers—it's how we started, how we operate now and how we see the future. In an age of retail chains and big boxes, we understand that both retail and wholesale customers still value quality products, exceptional service and expert advice. This is the foundation of our business.\r
    \r
    After seven decades working with independent hardware retailers, today's True Value is not only a stalwart of the industry, but also has the experience, the relationships, and most importantly the network of independent stores to ensure a long and bright future for the business.\r
    \r
    Committed to long-term sustained growth and success, True Value serves more than 4,500 stores worldwide with retail sales in their communities, totaling about $10 billion, with 13 regional distribution centers and approximately 2,500 True Value Associates.
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