Compensation Analyst

Encore Global • Schiller Park, IL

2d

About The Position

The Compensation Analyst will participate in the development, implementation and administration of the company’s compensation programs. The Compensation Analyst will be responsible for benchmarking the company’s positions, assisting in the year end merit planning process and administering incentive plans.

Requirements

• Bachelors Degree or equivalent experience required
• Minimum 3-4 years of compensation experience
• Excellent verbal/written communications and customer service skills
• Demonstrated proficiency with Microsoft Excel and HRIS (UltiPro) software
• Working knowledge of Microsoft Word
• Demonstrated aptitude for statistical analysis, spreadsheets manipulation and database management
• Ability work in a fast paced environment and balance multiple projects and deadlines

Responsibilities

• Administer Encore’s compensation philosophy, policies, processes and programs.
• Ensure accurate and complete job descriptions for all company positions.
• Conduct job analyses to determine appropriate salary levels and provide recommendations to management and HR Business Partners.
• Review proposals for new and revised classifications to determine salary grade assignment while serving as the COE within the HRIS system.
• Audit evaluation of positions and application of FLSA classifications to individuals.
• Recommend alternate actions to resolve compensation related issues.
• Work within the HRIS reporting tool and with other business leaders to provide occasional incentive compensation, bonus plans or sales compensation analytics.
• Participate in compensation surveys conducted by reputable compensation organizations.
• Assist in developing new incentive plans, updating existing incentive plans, ensuring plan accuracy and distributing plan documents to plan participants.
• Responsible for the administration of the company’s incentive plans, which include utilizing the HRIS to determine and provide participant eligibility lists to Finance, working with payroll to ensure incentives are paid timely, distributing incentive payments to plan participants and answering questions regarding incentive calculations and eligibility.
• Educate Human Resources, Management and Associates about compensation philosophy and programs.
• Answer general questions, interpret policies, and share market best practice information as appropriate.
• Protect company proprietary and maintain confidential information at all times.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees