- Own the compensation process for business professional staff, associates, and attorneys.
- Work closely with the compensation committee to determine merit increases, bonuses, and other compensation-related decisions.
- Review and evaluate salaries for new positions to ensure competitiveness in the market.
- Develop and maintain compensation banding and structures aligned with organizational goals and market trends.
- Conduct compensation analysis and benchmarking to ensure our compensation practices remain competitive.
- Collaborate with HR and finance teams to ensure accurate and efficient compensation administration.
- Prepare and present compensation-related reports and insights to senior executives and stakeholders.
- Analyze and interpret compensation data to identify trends, issues, and opportunities for improvement.
- Consult and provide guidance to managers and leaders on compensation-related matters.
- Adapt and prioritize tasks effectively to meet shifting priorities and deadlines.
- Maintain a high level of confidentiality, trustworthiness, and judgment in handling sensitive compensation information.
- Proven experience as a Compensation Analyst, preferably in a law firm, accounting firm, or relevant billable hours industry.
- Strong analytical and strategic thinking skills.
- Proficiency in MS Office, particularly Excel, for data analysis and reporting.
- Excellent communication and presentation skills, with the ability to effectively interact with senior executives.
- Ability to work collaboratively in a team environment and act as a consultative partner.
- Detail-oriented with a focus on accuracy and precision.
- Strong work ethic and willingness to put in the time to revamp the compensation program.
- Ability to work with shifting priorities and adapt to changing business needs.
- Bachelor's degree in Human Resources, Business Administration, or a related field. Advanced degree or relevant certifications are a plus.
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Compensation Analyst - Chicago, United States - LHH
Description
LHH Recruitment Solutions has partnered with a growing organization, and they are seeking a highly skilled Compensation Analyst to join their team in Chicago, IL. As a Compensation Analyst, you will be responsible for managing compensation programs for their business professional staff, associates, and attorneys. This role requires industry experience in a law firm or accounting firm, as well as a strong work ethic and the ability to revamp the compensation program. Competitive Salary and Benefits Package (PTO, 401k, Medical, Dental, Vision, and Life Insurance) are offered.
Key Responsibilities:
Qualifications and Skills:
If you are a passionate Compensation Analyst looking for a new and rewarding career, please apply today You don't want to miss out on this opportunity
LHH is a leader in permanent recruitment—and in the placement of top talent. Our areas of specialty include office administration, customer service, human resources, and supply chain and logistics. Please feel to check us out and apply for other opportunities if this role isn't a perfect match.
Equal Opportunity Employer/Veterans/Disabled
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The Company will consider qualified applicants with arrest and conviction records.