Apply on Employer Site

Norsk Hydro · 1 day ago

Compensation Analyst

Rosemont, IL

Full-time

Hybrid

Entry Level

1+ years exp

Norsk Hydro is a world-leading aluminium extrusion business with a strong commitment to employee welfare. The Compensation Analyst will support the analysis and administration of compensation programs, ensuring they are equitable and aligned with organizational goals while collaborating with HR and business leaders.

HydroelectricManufacturingNatural ResourcesPrecious MetalsRenewable Energy

Comp. & Benefits

Responsibilities

Conduct job evaluations using Mercer’s International Position Evaluation (IPE) methodology to ensure role alignment and internal equity

Collaborate with HR and business leaders on pay initiatives and changes including promotions, transfers, and other compensation actions

Administer and support the annual merit and short-term incentive review process, ensuring accuracy and timely execution

Lead and contribute to strategic compensation projects that enhance program effectiveness and employee engagement

Manage and update compensation records, reports, and documentation to support compliance and decision-making

Submit and interpret data for salary surveys and benchmarking studies to inform market competitiveness

Assess pay equity trends and recommend data-driven solutions to promote fairness and transparency

Ensure compliance with federal, state, and local compensation regulations through ongoing monitoring and analysis

Collaborate with HR and business managers to maintain and enhance job descriptions that reflect evolving responsibilities

Perform FLSA testing and support broader compensation compliance initiatives

Develop and deliver compensation training materials for HR partners, people managers, and employees

Partner with team members to review compensation policies and practices, offering insights and recommendations for continuous improvement

Qualification

Compensation analysisData analysisHRIS systemsSAP SuccessFactorsCompensation methodologiesPresentation skillsMicrosoft OfficeResearch methodsJob architectureSalary structuresCertifications SHRMCertifications PHRCertifications etc.