Buckingham Search

Senior Compensation Analyst

Buckingham Search - Des Plaines, IL

Buckingham Search is partnering with a multi-billion dollar manufacturer to find a Senior Compensation Analyst.

You will: 

  • Contribute to the development of Employee Value Proposition.
  • Assist the Director Global Compensation in evolving global compensation strategy, processes and programs.
  • Collaborate and partner with HR colleagues to understand their challenges related to compensation programs; and key issues in attracting, motivating and retaining high quality, diverse talent.
  • Demonstrate continuous improvement and deliver results aligned with enterprise and HR strategy, including policy deployment initiatives.

Compensation:

  • Play an integral role during the setup, implementation and roll out of Workday.
  • Take a lead role in completing an organization wide job architecture project including designing job levels, mapping jobs, analyzing incumbent impact, building pay structures and roll out to HR and Leaders.
  • Partner with HR colleagues and internal clients to understand business needs, job requirements and organizational design to evaluate jobs.
  • Serves as subject-matter expert on compensation related projects and provides support to HR colleagues on compensation philosophy, policies, programs and processes.
  • Provide support on annual compensation/merit reviews and bonus planning, in partnership with HR team members.
  • Identify and recommend improvements and efficiencies around compensation processes and programs.
  • Participate in applicable salary surveys ensuring accurate and timely data submission.
  • Analyzes salary survey data, evaluates market trends, and makes recommendations regarding organizational salary adjustments, merit budgets, and structure adjustments.
  • Conducts market studies to determine benchmarks and determining competitive positioning.
  • Provide effective problem solving and communication with all internal and external customers to ensure requests are handled efficiently.
  • Ensure compensation programs and job classifications comply with applicable wage and hour laws.
  • Ensure on-going audits for internal compliance, governance, ensuring adherence to country, local and federal statutes and laws.
  • Supports executive compensation projects as needed.

PROFESSIONAL EXPERIENCE/QUALIFICATIONS

Minimum Requirements:

  • Bachelor’s degree required in Finance, Business Administration or Human Resources or equivalent experience.
  • 7-10 years of global Compensation experience; preferably within an industrial manufacturing environment.
  • Experience with Workday highly preferred.
  • Experience with compensation programs within union and non-union environments.
  • Ability to travel up to 10% domestically.

 



Posted On: Tuesday, July 19, 2022



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