Walgreens Boots Alliance - Deerfield, IL
posted about 2 months ago
The Senior Analyst Compensation at Walgreens is responsible for a wide range of compensation activities that include complex job evaluations, market pricing, salary surveys, and the maintenance and administration of compensation databases and systems. This role plays a critical part in supporting the Compensation department's service delivery model by conducting compensation activities on a departmental, divisional, or company-wide basis, as well as managing complex projects. The analyst will work with highly sensitive and confidential information, ensuring that all data is handled with the utmost discretion and integrity. In this position, the Senior Analyst will participate in approved salary surveys by collecting and reporting data to third-party providers, reviewing results, and making recommendations regarding benchmark jobs. The role also involves providing analytical support for the development of merit budgets, salary structure modifications, and incentive plan data gathering and reporting. The analyst will prepare complex economic and cost impact models for compensation initiatives and provide counseling to management regarding pay changes, promotions, and transfers. The Senior Analyst will stay current with compensation trends through continuous learning and participation in professional organizations. They may also coach and mentor less experienced Compensation Analysts and manage ad-hoc compensation projects. Additionally, the analyst will participate in the design of incentive compensation plans, ensuring alignment with organizational goals and developing communication plans to measure attainment against these plans. This role requires collaboration with HR Business Partners and other HR team members to ensure that Walgreens can effectively recruit and retain top-tier talent. The Senior Analyst will develop and analyze compensation programs to ensure competitiveness within the market and may present these programs to senior executives for approval. Furthermore, the analyst will assist in enhancing the compensation aspects of HR information systems to support strategic initiatives.