drjobs Senior Compensation Analyst

Senior Compensation Analyst

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1 Vacancy
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Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Description

As an S&C Electric team member youll work on projects that have realworld impact. Youll help transform the grid for resilient and reliable power worldwide. S&C has more than a 100year history of innovation and has been 100 employeeowned since 2012. We continue this legacy as a trusted forwardthinking leader in the electrical industry. You will advance a safer more reliable and more resilient electrical grid. Our products help the grid adapt to severe weather and transition to clean energy. Were big enough to be a respected industry leader but small enough for you to impact our company directly. Our commitment gives you opportunities to impact on and off the job positively.

Hours

  • 8:00 am 5:00 pm (MonFri) Hybrid 3 days/week)

Competitive Monthly Pay Period

Benefit Overview

  • Competitive complete benefits package
  • Medical Dental Vision 401K and Employee Stock ownership plan (KSOP)
  • Tuition Reimbursement Fitness reimbursement Paid leaves
  • Dependent care FSA Basic Life Transit benefit
  • Annual bonus for individual and company performance
  • Paid vacation and 15 paid holidays including shutdown in summer and winter
  • Referral Bonus program
  • PPE provided.
  • Career Advancement and Development Opportunities

Join Our Team as a Senior Compensation Analyst!

Are you passionate about Total Rewards S&C Electric Company is seeking a dynamic individual to coordinate our compensation function. As a Senior Compensation Analyst youll be crucial in ensuring smooth operations and supporting our diverse team.The Senior Compensation Analyst as part of the Global Total Rewards team will be responsible for supporting the research design implementation evaluation and administration of global compensation programs including broadbased and incentive compensation. The role involves close collaboration with HR Business Partners business leaders and international teams to provide analytical support and guidance on compensationrelated projects and requests. The ideal candidate should be datadriven detailoriented and adaptable to a fastpaced dynamic environment with the ability to take action and drive compensation decisions forward.

Key Responsibilities

Lead Compensation Processes:

  • Execute compensation reviews salary benchmarking and market analysis
  • Evaluate and benchmark positions globally in alignment with S&Cs career framework and Work Elements program to ensure compliance and internal equity is maintained while remaining externally competitive
  • Ensure the integrity and consistency of compensation data across the organization
  • Take the initiative to identify opportunities for improvement within compensation processes and programs proposing and implementing solutions
  • Support the annual compensation planning cycles including data gathering reporting testing and internal communications
  • Prepare survey submissions and gather data from marketbased compensation surveys; experienced user of spreadsheets and data analysis techniques to assess results and make recommendations based on market trends

Primary Point of Contact for HR Partners:

  • Serve as the primary point of contact for HR partners business leaders and managers regarding compensationrelated questions processes and recommendations pertaining to assigned groups
  • Collaborate with crossfunctional teams to support the implementation and administration of wage structures incentives and rewards programs in alignment with organizational goals and compensation philosophy
  • Collaborate with leadership and HR teams to develop and implement innovative databacked compensation strategies and solutions
  • Help push forward key compensation recommendations by providing clear analysis and context to assist in decisionmaking

Datadriven Decision Making:

  • Proactively gather analyze and interpret compensation data to support recommendations and decisions
  • Present clear actionable recommendations based on data analysis to support business and HR objectives.
  • Provide guidance and expertise on federal state and local regulatory compliance and best practices related to compensation

Effective Communication and Stakeholder Management:

  • Effectively manage multiple competing priorities in a fastpaced and dynamic work environment
  • Demonstrate flexibility in adjusting priorities and deliverables based on changing business needs or timelines
  • Communicate openly and transparently with stakeholders when adjustments to expectations or timelines are necessary
  • Develop clear communication on compensation plans to business leaders HR partners and team members
  • Foster strong relationships with stakeholders and maintain a high level of trust by consistently delivering on commitments and providing highquality work

Compliance:

  • Understand and comply with all applicable Company policies and rules.

What youll Need To Succeed

  • Bachelors degree in Human Resources or a related field
  • 5 years related experience in a compensation role with fullcycle compensation experience
  • Proficiency with the Microsoft 365 Business Suite (i.e. Excel Word Outlook) including advancedlevel Excel skills such as pivot tables nested formulas and simple macros
  • Experience working with HRIS teams to implement programs/enhancements and/or pull data from the system
  • Ability to partner with survey vendors to complete survey submissions and analyze results.
  • Fundamental understanding of internal equity and pay equity.
  • Ability to act as a consultant to the business working with HRBPs and business leaders to understand their compensation needs and challenges and make recommendations on program enhancements to better serve those needed.

Preferred

  • Communicate professionally through both written and verbal communications
  • Analyze and problemsolve
  • Execute time management and organizational skills pay attention to detail and prioritize and meet deadlines
  • Provide exceptional customer service
  • Work collaboratively across teams
  • Influence others regarding policies practices and procedures
  • Contribute to positive change throughout the organization
  • Experience with HCM Oracle Compensation Module and Reporting
  • Experience with Radford Willis Towers Watson and Mercer
  • Experience using various compensation tools and systems such as Salary
  • Experience with regression analysis
  • SHRMCP or SHRMSCP certification

S&C Electric is committed to equalopportunity employment. All employees and applicants will be considered without regard to age color disability gender national origin race religion sexual orientation gender identity protected veteran status or any other classification protected by federal state or local law. If you are an individual with a disability and need an accommodation to complete the application please email us at.

No application deadline


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Required Experience:

Senior IC

Employment Type

Full-Time

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