Compensation Analyst

Ace Hardware•Oak Brook, IL

33d•$76,300 - $95,500

About The Position

As a Compensation Analyst at Ace Hardware, you will play a key role in implementing and administering our compensation philosophy and programs for a diverse workforce, including corporate, distribution, and field-based employees. This position will provide analytical and other professional level compensation support as it relates to the annual merit process, incentive programs, job documentation, job evaluation, salary administration, salary survey data collection, legal compliance research and special studies. This role is essential in ensuring competitive, compliant, and effective pay practices that support Ace's business objectives and values. You are extremely detail-oriented and passionate about using data to drive fair and competitive pay practices. You thrive in a fast-paced, collaborative environment and enjoy solving problems with analytical precision.

Requirements

Minimum 3 years' experience, including 2 years in broad-based compensation and incentive pay
Bachelor's degree in HR, Finance, or related field
Strong analytical skills and proficiency in Excel, PowerPoint, and Word
Experience with HRIS systems, preferably Workday
Excellent communication and consultative skills

Nice To Haves

CCP certification

Responsibilities

Assist with interpretation and administration of compensation programs, including annual merit and incentive plans
Create and maintain compensation pay plans and salary structures for all locations
Lead annual merit process execution, including testing, costing, communications, and audits
Audit incentive goals and analyze reports to ensure accuracy
Perform job evaluations and partner with HR to review and document roles using Hay Point Factor tool
Conduct salary and labor market research; participate in annual salary surveys
Advise HR Business Partners and managers on compensation issues
Monitor compliance with laws and regulations; research new compensation practices
Perform compensation-related audits and process changes

Benefits

Incentive opportunities, based on role/grade level (rapid company growth over the past 5 years resulted in incentives being paid out at an average of 122% of your target opportunity!)
Generous 401(k) retirement savings plan with a fully vested matching contribution the first year in addition to quarterly contributions and annual discretionary contribution (once eligibility requirements have been met). Over the past 5 years, company contributions (matching, quarterly & discretionary) for fully eligible employees have averaged 10.4% of total eligible compensation.
Comprehensive health coverage (medical, dental, vision and disability - up to 26 weeks short-term disability and long-term disability) & life insurance benefits for you and your dependents
21 days of vacation immediately available (prorated in the first year) and up to 6 paid holidays depending on the month of hire
Your career at Ace is more than just a job. It's a chance to be part of something meaningful. We help locally-owned businesses thrive and make an impact in their communities - and we support our employees in doing the same by offering an annual Ace Cares Week, 20 hours off work per year to volunteer at an organization of your choice, opportunities to help Children's Miracle Network Hospitals and the Ace Helpful Fund through the Ace Foundation
Ace invests in every employee we hire, with a key focus on development and coaching. We offer on-site classes, facilitator-led courses, and a generous tuition assistance program, plus a performance management approach that goes beyond the typical annual review
We know the work environment matters. That's why Ace holds frequent campus events like Employee Appreciation Week, vendor demos, cookouts, and merchandise sales
We bring them to you! Services such as mobile spas, auto maintenance, car wash and detailing, dry cleaning, dentists, eye doctors, flu shots, recycling and more!
Employee discounts on Ace merchandise (including top brands like Weber, Traeger, Yeti, Craftsman, DeWalt and more), travel, fitness, computers and thousands more
Birth/Adoption bonding paid time off
Adoption cost reimbursement
Employee Assistance Program (EAP) - access to free visits to therapists and lawyers, guidance on financial matters, elder and childcare, and assistance with tickets to entertainment events
Identity theft protection