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Compensation Analyst
at RJ Reliance (View all jobs)
Chicago, Illinois
Compensation Analyst
We are currently seeking an experienced and motivated individual to be our Compensation Analyst on a contract basis, and join our project team headquartered in Chicago, IL. This position is fully remote, but client site visits may be necessary once covid restrictions are lifted.
Who We Are:
We bring highly specialized Human Capital Management (HCM) technology and services to enterprise-level clients. Specializing in the HR, payroll, and workforce management industry segments, we enable clients in all 50 states and across the world to optimize their people, systems, and processes unlike any other vendor in the space. Our fast-growing organization is looking to build our team of experts, giving them the freedom to take leadership and develop professionally while working with a diverse array of clients, technologies, and services. We provide industry-best consultants and breakthrough technologies into the HCM space and have a motivated team to further accelerate our expansion in the marketplace.
About the Role:
This Compensation Analyst focuses on the following key areas:
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Compensation Benchmarking
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Compensation System Data Management
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Compensation Analytics
What you'll do:
Core duties and responsibilities include the following. Other duties may be assigned by management.
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Conduct analytical data work, job analysis work, and prepare recommendations using compensation techniques and methods
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Collaborate with HR business partners and assigned functions in the creation and utilization of a consistent compensation program and job structure
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Partnering with internal staff on ensuring compensation data and information is correct in the compensation system
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Responsible to ensure compliance with regulatory requirements, which include minimum wage, minimum threshold, EEO and AAP
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Revise and update compensation policies and procedures
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Ensure market competitiveness of client’s compensation plans through thorough job evaluations and ongoing compensation assessments
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Support cost models and analyses for a variety of compensation programs
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Provide consultative services and recommendations across business units
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Contribute to the team effort by accomplishing related results and participating on projects as needed
Education and Experience:
Required:
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Must have a strong data analysis skills and passion for manipulating large sums of data via Microsoft Excel.
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Knowledge of appropriate federal, state, and local laws and regulations.
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Solid knowledge of compensation administration, legislation, and compliance.
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Experience and judgment to plan and accomplish goals and perform a variety of complicated tasks.
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Effective communication skills both written and verbal.
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Significant amount of organization and the ability to multi-task.
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Strong analytical skills with the ability to find trends in large sets of compensation data.
Preferred:
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Undergraduate Degree in Accounting or Finance
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Strong Excel skills with proficiency in formulas, pivot tables, and VLOOKUPs
We are an Equal Opportunity Employer!
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