Compensation Analyst - Hybrid

$70,000 - $90,000/Yr

The Judge Group - Downers Grove, IL

Full-time

Hybrid - Downers Grove, IL

Administrative and Support Services

About the position

The Judge Group is seeking a Compensation Analyst for a supply chain and logistics company located in the Downers Grove, IL area. This position plays a critical role in ensuring that the company's compensation practices are competitive and equitable. The Compensation Analyst will conduct thorough job evaluations, market analyses, and research to inform compensation decisions and program recommendations. This involves ensuring alignment between job descriptions and the actual job duties performed by employees, which is essential for maintaining accurate compensation structures. In addition to job evaluations, the Compensation Analyst will identify process improvement opportunities for business processes related to compensation. This includes documenting new procedures and business process workflows to enhance efficiency. The role also involves participating in third-party compensation surveys to benchmark the company's compensation practices against industry standards. The analyst will research peer companies and external markets to stay informed about compensation trends, which is vital for making informed recommendations. The Compensation Analyst will analyze job profiles and specifications using job evaluation and leveling techniques. This analysis will help in aligning jobs within the organization and establishing compensation parameters that are equitable and competitive in the external market. Furthermore, the analyst will ensure that all reviewed jobs comply with exemption status requirements and meet regulatory standards, which is crucial for legal compliance and organizational integrity.

Responsibilities

• Conduct thorough job evaluations, market analyses, and research to inform compensation decisions and program recommendations.
• Ensure alignment between job descriptions and actual job duties performed by employees.
• Identify process improvement opportunities for business processes related to compensation.
• Document new procedures and business process workflows to enhance efficiency.
• Participate in third-party compensation surveys to benchmark compensation practices against industry standards.
• Research peer companies and external markets to stay informed about compensation trends.
• Analyze job profiles and specifications using job evaluation and leveling techniques.
• Align jobs within the organization and establish compensation parameters that are equitable and competitive in the external market.
• Ensure that all reviewed jobs comply with exemption status requirements and meet regulatory standards.

Requirements

• Bachelor's Degree in Human Resources, Business, or related field preferred.
• Minimum of 3 years of relevant experience.
• Previous experience in the Supply Chain industry is helpful.
• Railroad industry experience is highly desirable.
• Payfactors proficiency is a plus.
• Union Environment Experience.