Compensation Analyst

Chicago, IL - USA

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

The Marmon Group LLC

As a part of the global industrial organization Marmon Holdingswhich is backed by Berkshire Hathawayyoull be doing things that matter leading at every level and winning a better way. Were committed to making a positive impact on the world providing you with diverse learning and working opportunities and fostering a culture where everyones empowered to be their best.

As a key member of Marmons Corporate Total Rewards team the Compensation Analyst supports the Center of Expertise for Marmons enterprise compensation programs and serves as an advisor to our HR partners at the Group and business level. Reporting to the Manager Compensation and in partnership with other Corporate functional areas this role is accountable for delivering a blend of compensation expertise and tactical support including administering cyclical compensation and performance processes managing salary survey participation and ensuring compliance. The position also supports the development of tools technology and market pricing guidance while contributing to enterprise initiatives such as job architecture and pay harmonization to maintain competitive and compliant compensation practices across the organization.

What Youll Do:

Annual/Quarterly Compensation Processes
- Support the development of tools communications and Workday configuration for the annual merit and incentive process including effective tools guidance training and other issue resolution support for the HR partners and managers during the planning cycle
- Support execution of the performance management process including communications and Workday configuration
- Support annual development and evolution of total compensation statements
- Identify process improvements and technology enhancements for Rewards programs and implement solutions in partnership with other internal partners (i.e. HRIS finance)
- Provide support to partner with the finance team to deliver quarterly reporting for the incentive plan accrual and other quarterly close needs
- Complete participation in all salary surveys and other ad hoc surveys on behalf of Marmon throughout the year
- Assist in managing information and data flows for the administration of various leadership programs including but not limited to the supplemental 401k/deferred compensation and LTIP
- Provide guidance to ensure HR partners are able to meet regulatory/compliance requirements on for their compensation programs an ongoing basis

Consulting/Business Advisory
- Support HR partners in accessing market information for competitive pay analyses including maintenance of any pricing systems
- Create market pricing guidance and tools to allow HR partners to effectively manage compensation competitiveness in their local markets
- Support the development of enterprise compensation programs technology and tools that can be deployed at the corporate level and implemented in support of our individual businesses
- Support the Manager Compensation in establishing and maintaining effective relationships with external advisors plan administrators and other vendors
- Ensure accurate and timely updates to Compensation related materials on @Marmon (intranet site) and support development of new materials for the site.

Ad Hoc Responsibilities/ Projects
- Provide analytical support and project management for special projects such as job architecture and pay/incentive harmonization efforts
- Support the Manager Compensation as the owner of the compensation module of MPower in partnership with the HRIS team
- Review and pay invoices for outside professional/consulting and other services

#LI-Hybrid

What Youll Bring to the Role:

Bachelors degree in finance accounting or related field with 2 years of compensation experience
Consulting experience MBA or other related advanced degree highly desirable
Demonstrated experience as a business consultant on compensation issue/data resolution and maintenance. Global experience highly desirable
Proficiency using HRIS platform(s); Workday experience ideal
Experience on large-scale projects entailing change management support
Knowledge of legal requirements and government reporting/regulations affecting compensation programs to ensure continuous compliance
Advanced proficiency with Microsoft Office software products; particularly Excel PowerBI and PowerPoint
Superior written and verbal communication including the ability to communicate effectively across all levels of the organization
Strong business and financial acumen
Excellent time management critical thinking and decision-making skills with a bias toward action
Ability to navigate ambiguity and confidently create appropriate solutions in uncertain situations
Impeccable commitment to acting with integrity and engaging in ethical conduct without exception to foster and maintain trusted relationships across the organization

Pay Range:

53333.34 - 80000.00

We offer a comprehensive benefits package that may include medical dental vision 401k matching and more!

Following receipt of a conditional offer of employment candidates will be required to complete additional job-related screening processes as permitted or required by applicable law.

We are an equal opportunity employer and all applicants will be considered for employment without attention to their membership in any protected class. If you require any reasonable accommodation to complete your application or any part of the recruiting process please email your request to and please be sure to include the title and the location of the position for which you are applying.

Required Experience:

The Marmon Group LLCAs a part of the global industrial organization Marmon Holdingswhich is backed by Berkshire Hathawayyoull be doing things that matter leading at every level and winning a better way. Were committed to making a positive impact on the world providing you with diverse learning and w...