Senior Associate, Compensation, Remote

Huron Consulting Group•Chicago, IL

36d•$90,000 - $120,000•Remote

About The Position

Huron is redefining what a global consulting organization can be. Advancing new ideas every day to build even stronger clients, individuals and communities. We're helping our clients find new ways to drive growth, enhance business performance and sustain leadership in the markets they serve. And, we're developing strategies and implementing solutions that enable the transformative change they need to own their future. As a member of the Huron corporate team, you'll help to evolve our business model to stay ahead of market forces, industry trends and client needs. Our accounting, finance, human resources, IT, legal, marketing and facilities management professionals work collaboratively to support Huron's collective strategies and enable real transformation to produce sustainable business results. Join our team and create your future. The Sr. Compensation Analyst works collaboratively with the Sr. Director of Compensation and the HR Business Partners of the practice areas. This position is responsible for supporting the various compensation programs at Huron which includes market trend analysis, mid-year and year-end compensation planning and compensation technology. This role will assist the compensation team with the management of practice-specific compensation programs. The Compensation function at Huron is viewed by the executive team as very important to the success of the business. The Compensation group works very closely with finance, legal, benefits, the head of HR and the business leaders. This role requires the highest level of customer service, integrity, accuracy, ethical standards, and interest in working in a dynamic and collaborative team environment while also exercising appropriate autonomy when needed to meet job requirements. The Sr. Compensation Analyst is responsible for taking ownership in the following areas: Lead the processed for international compensation, including review of market trends, benchmarking salary structures and serve as the compensation liaison with the international HR teams located in India, Canada and the UK Conduct annual and ongoing market trend analysis for consulting and corporate structures Serve as the liaison with salary survey vendors, including organizing salary survey submissions and consulting with for market trend information Lead the transition of outsourcing tasks to the offshore team and later serve as liaison for all tasks completed outside of the compensation team Maintain the stock administration process for the organization Serve as the Project Manager for PayFactors, the Huron Market Compensation database Conduct semi-monthly Pay Audits as part of the SOX compliance The Sr. Compensation Analyst will also act as a resource to the compensation team in the following areas: Support the compensation leads dedicated to each Huron practice with practice-specific initiatives, including market pricing and salary modeling Assist the Year-End compensation cycle, including testing files, bonus modeling and owning process communications and calendars Provide support to the implementation of the compensation tool, Cornerstone, including testing and auditing Huron data Sr. Compensation Analyst are required to demonstrate a high level of performance in the following: Client Relationship Management o Be recognized by your clients as a trusted strategic advisor through your understanding of their business and delivering compensation solutions that support the business needs o Provide a consistent level of communication and relevant data points keeping your clients informed of priorities, activity, results, and external market information o Establish and foster collaborative working relations with key clients and stakeholders that can include Business Leaders, HR, Operations, Recruiting, and Legal Modeling and Analysis o Develop complex spreadsheet models for financial analyses to determine the impact of compensation plan design changes or new plan proposals o Run and compile various reports and documentation as requested by or in support of finance, accounting, operations and management o All reports, analysis and documentation created or provided must have the highest level of data integrity and accuracy; attention to detail is critical for this role Administration and Compliance o Provide all support necessary to run the year-end and mid-year pay administration processes for assigned groups o Provide documentation, support and review to ensure SOX controls and compliance is maintained o Analyze jobs to evaluate FLSA status and maintain documentation validating evaluation Communication o Education of employees related to stock plans and programs o Design and deliver compensation training and guidance o Provides guidance and education regarding compensation policies and procedures. o Partner with department managers to ensure that compensation programs, processes and competitive pay benchmarks are understood and aligned with the business strategy Project Management o Lead projects of multi-disciplinary teams to accomplish

Requirements

Huron requires a Bachelor's Degree in a field related to this position or equivalent work experience.
2-4 years of related experience
Strong math and analytical skills
Expert knowledge of the use of Excel
Attention to detail, ability to multi-task, and prioritize
Strong verbal and written communication stills, as well as strong interpersonal skills

Nice To Haves

Experience in the professional services industry
Highly proficient in analytics and modeling
Knowledge of accounting and finance implications of compensation plans and programs
Knowledge of various HR technology systems, including UltiPro (HRIS), Cornerstone (Compensation Tool) and PayFactors (Market Database)
Exceptional organizational skills to manage data, manage multiple projects, coordinate and communicate across large teams
Change agility and strong attention to detail to oversee multiple priorities, drive desired results and maintains client and team satisfaction
Thrive in a collaborative environment with the ability to capitalize on a diverse group of professional skills and personalities
Client service consultative mindset and acumen in developing and leading compensation programs in a complex, dynamic and fast-paced environment

Responsibilities

Lead the processed for international compensation, including review of market trends, benchmarking salary structures and serve as the compensation liaison with the international HR teams located in India, Canada and the UK
Conduct annual and ongoing market trend analysis for consulting and corporate structures
Serve as the liaison with salary survey vendors, including organizing salary survey submissions and consulting with for market trend information
Lead the transition of outsourcing tasks to the offshore team and later serve as liaison for all tasks completed outside of the compensation team
Maintain the stock administration process for the organization
Serve as the Project Manager for PayFactors, the Huron Market Compensation database
Conduct semi-monthly Pay Audits as part of the SOX compliance
Support the compensation leads dedicated to each Huron practice with practice-specific initiatives, including market pricing and salary modeling
Assist the Year-End compensation cycle, including testing files, bonus modeling and owning process communications and calendars
Provide support to the implementation of the compensation tool, Cornerstone, including testing and auditing Huron data
Be recognized by your clients as a trusted strategic advisor through your understanding of their business and delivering compensation solutions that support the business needs
Provide a consistent level of communication and relevant data points keeping your clients informed of priorities, activity, results, and external market information
Establish and foster collaborative working relations with key clients and stakeholders that can include Business Leaders, HR, Operations, Recruiting, and Legal
Develop complex spreadsheet models for financial analyses to determine the impact of compensation plan design changes or new plan proposals
Run and compile various reports and documentation as requested by or in support of finance, accounting, operations and management
Provide all support necessary to run the year-end and mid-year pay administration processes for assigned groups
Provide documentation, support and review to ensure SOX controls and compliance is maintained
Analyze jobs to evaluate FLSA status and maintain documentation validating evaluation
Education of employees related to stock plans and programs
Design and deliver compensation training and guidance
Provides guidance and education regarding compensation policies and procedures.
Partner with department managers to ensure that compensation programs, processes and competitive pay benchmarks are understood and aligned with the business strategy
Lead projects of multi-disciplinary teams to accomplish

Benefits

This job is also eligible to participate in Huron's annual incentive compensation program, which reflects Huron's pay for performance philosophy.
The job is also eligible to participate in Huron's benefit plans which include medical, dental and vision coverage and other wellness programs.

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