- Plans, design, and administer broad based salary and short-term variable programs that drive company performance.
- Directs, designs, and plans compensation policies, objectives, and initiatives with a heavy emphasis on operations commission plans.
- Drive organization-wide projects from end to end including strategy, execution, and communication activities.
- Participate in the development, design, and maintenance of the job evaluation process, including conducting salary benchmarking, creating salary ranges, and providing recommendations
- Analyze internal and external market data to address compensation-related needs; prepare and present recommendations
- Work closely with senior management and leaders across the organization to manage and evolve related to pay and rewards programs.
- Facilitate the compensation planning processes and administration of merit and bonus calculations.
- Work in close coordination with the Talent Acquisition team to ensure that employee compensation attracts key talent.
- Oversee all compensation-related tools and identify areas of process improvement to enhance the compensation program, as applicable.
- Bachelor's Degree in Human Resources, Business, Finance, or a related field.
- A minimum of 2 years of related experience in compensation analysis and program administration, with exposure to various compensation structures and strategies.
- Strong analytical skills and proficiency in data analysis and compensation benchmarking, with the ability to present findings effectively.
- Excellent communication and collaboration skills, capable of working with stakeholders at multiple levels and across different functions.
- Experience with HR Technology Systems and Compensation Tools, with an emphasis on analytical and presentation tools like Microsoft Excel and the MS Office suite.
- Ability to work in a dynamic, fast-paced environment, managing multiple projects with tight deadlines and changing priorities.
- Advanced degree or certifications in Human Resources, Business, or related fields (e.g., CCP, CEP).
- Experience using the Looker and Snowflake BI and data analytics platforms, Exactly, CaptivateIQ sales commission management software.
- Considerable employer contributions for health, dental, and vision programs
- Generous PTO, paid holidays, and paid parental leave
- 401(k) matching program
- Merit advancement opportunities
- Career development & training
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Compensation Analyst - Chicago, United States - Beyond Finance, Inc.
Description
At Beyond Finance, we've made it our mission to help everyday Americans escape the endless cycle of crippling debt and step into a brighter financial future. Through compassionate, individualized care,a culture focused on compliance and ethics, supportive user-centric technology, and customized financial solutions, we've helped over 300,000 clients on their path to a brighter future.
While we're proud of what we've already accomplished, we're searching for new collaborators to help us get to the next level If you're looking to join a forward-thinking, rapidly growing organization with helping people as its number one goal, we want to hear from you.
Compensation Analyst Job Description
The Compensation Analyst is an integral member of the Human Resources team responsible for managing compensation incentive plans within multiple companies in a private equity portfolio. This role involves developing and maintaining competitive compensation structures, including base pay, incentives, bonuses, and equity, to align with the company's strategic objectives. The Compensation Analyst ensures that compensation practices are executed in accordance with internal policies and regulatory compliance.
What You Will Do:
While you make a difference for others, we'll work to make a difference for you, providing an uplifting, collaborative work environment and benefits that reflect your value to us. For eligible full-time employees, we offer:
Beyond Finance does not accept unsolicited resumes from individual recruiters or third-party recruiting agencies in response to job positions. No fee will be paid to their parties who submit unsolicited candidates directly to Beyond Finance employees or the Beyond Finance HR team. No placement fee will be paid to any third party unless such a request has been made by the Beyond HR team.