Compensation Analyst

Encore • Schiller Park, IL • 1h ago

Position Overview

The Compensation Analyst will participate in the development, implementation and administration of the company's compensation programs. The Compensation Analyst will be responsible for benchmarking the company's positions, assisting in the year end merit planning process and administering incentive plans.

Key Job Responsibilities

Compensation Administration

Administer Encore's compensation philosophy, policies, processes and programs. Ensure accurate and complete job descriptions for all company positions.

Conduct job analyses to determine appropriate salary levels and provide recommendations to management and HR Business Partners.

Review proposals for new and revised classifications to determine salary grade assignment while serving as the COE within the HRIS system.

Audit evaluation of positions and application of FLSA classifications to individuals. Recommend alternate actions to resolve compensation related issues.

Work within the HRIS reporting tool and with other business leaders to provide occasional incentive compensation, bonus plans or sales compensation analytics.

Participate in compensation surveys conducted by reputable compensation organizations.

Incentive Plan Administration

Assist in developing new incentive plans, updating existing incentive plans, ensuring plan accuracy and distributing plan documents to plan participants.

Responsible for the administration of the company's incentive plans, which include utilizing the HRIS to determine and provide participant eligibility lists to Finance, working with payroll to ensure incentives are paid timely, distributing incentive payments to plan participants and answering questions regarding incentive calculations and eligibility.

Company Support

Educate Human Resources, Management and Associates about compensation philosophy and programs.

Answer general questions, interpret policies, and share market best practice information as appropriate.

Protect company proprietary and maintain confidential information at all times.

Job Qualifications

Bachelors Degree or equivalent experience required

Minimum 3-4 years of compensation experience

Excellent verbal/written communications and customer service skills

Demonstrated proficiency with Microsoft Excel and HRIS (UltiPro) software

Working knowledge of Microsoft Word

Demonstrated aptitude for statistical analysis, spreadsheets manipulation and database management

Ability work in a fast paced environment and balance multiple projects and deadlines

Competencies

Deliver World Class Service (Hospitality, Ownership)

Do the Right Thing (Demonstrates Self-Awareness)

Drive Results (Ensures Accountability

See the Big Picture (Decision Quality, Achieves Goals)

Value People (Collaborates)

Work Environment

Work is generally performed at an office that is moderately quiet. Team members will occasionally visit other work locations for meetings or for other business reasons. Working times will include days and may include evenings, weekends and holidays. Team members must adhere to appearance guidelines as defined by Encore.

INDCORP

LI-EL

Salary Pay Range: $64,506.00 - $83,858.00

The compensation offered for this role is determined based on the qualifications outlined in the job posting for the specified location. Final compensation is based on a number of factors including location, travel, relevant work experience, or particular skills and expertise. In addition, some positions may be eligible for other compensation such as potential overtime, bonuses or incentives.

Encore is committed to providing the best benefits options for our employees and families. Click here to view the benefits options for our employees worldwide.

We pride ourselves on cultivating a welcoming culture where every individual is celebrated for their unique strengths and differences. Click here to view details on our commitment to inclusivity and belonging.

All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, age, marital status, pregnancy, genetic information, or other legally protected status.

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