Senior Analyst, Compensation

$96,000 - $132,000/Yr

Baxter International - Deerfield, IL

Full-time - Mid Level

Deerfield, IL

Miscellaneous Manufacturing

About the position

The Senior Analyst, Compensation at Baxter plays a crucial role in supporting the assessment, design, and implementation of compensation and incentive programs. This position involves providing analytical support for the administration of compensation plans and programs, ensuring effective compensation management within the organization.

Responsibilities

• Participate in the development of compensation and incentive programs and policies.
• Analyze compensation and incentive programs and policies.
• Conduct job evaluations and determine exempt/non-exempt status.
• Conduct, analyze, and participate in surveys to study labor markets and salary trends.
• Collaborate with the team on survey submission and data management.
• Support the administration of all compensation plans and programs in partnership with stakeholders.
• Ensure HCM system data structures support effective compensation administration.
• Maintain documentation of global compensation plan information.
• Research and resolve issues related to compensation plans and processes.
• Participate in functional reviews and analyze market data to price jobs.

Requirements

• Knowledge of HR practices, procedures, and compliance requirements.
• Excellent analytical skills and proficiency in MS Word, Excel, and PowerPoint.
• Experience with HR and Compensation systems.
• Strong oral and written communication skills with a focus on confidentiality.
• Proven organizational skills with high attention to detail.
• Ability to work in a team-focused, collaborative environment.
• Ability to work independently with a sense of urgency.
• 4+ years of compensation experience, preferably in a global company.

Nice-to-haves

• Experience in a global company is a plus.

Benefits

• Discretionary bonus eligibility
• Flexible workplace policy allowing a minimum of 3 days a week onsite
• Equitable pay practices and transparency in pay philosophy