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Equity Residential · 5 days ago

Compensation Specialist

Chicago, IL

Full-time

Onsite

Entry, Mid Level

$71K/yr - $86K/yr

2+ years exp

Equity Residential is dedicated to creating thriving communities, and they are seeking a Compensation Specialist to support the administration and coordination of their compensation and recognition programs. This role involves ensuring compliance with compensation processes, conducting market research, and participating in HR projects to enhance HR strategies.

Property ManagementReal Estate

Hiring Manager

Angela Hart

Responsibilities

Participate in salary surveys, market analyses, and industry research to ensure competitive and equitable compensation practices. Interpret results and provide recommendations to management

Administer the recognition program, including processing awards and creating reports to track usage and trends

Develop and maintain process documentation, guidelines, and training materials. Draft clear and consistent employee communications to ensure understanding of programs, policies, and upcoming initiatives

Partner with HRIT and other stakeholders to support system testing, audits, and data governance activities

Support the annual compensation planning cycle, ensuring alignment with organizational goals

Assist in administering executive and employee programs such as the Employee Stock Purchase Plan (ESPP) and Supplemental Executive Retirement Plan (SERP)

Collaborate with HR and business partners on projects such as policy development, process redesign, and new program launches

Participate in audits and recommend process improvements to reduce risk

Represents the Company in a professional manner at all times. Consistently maintains a professional, courteous attitude when dealing with residents, coworkers and the general public

Performs other duties as assigned

Qualification

Compensation administrationHRIS systemsMarket researchMicrosoft ExcelFederal/state regulationsCommunication skillsInterpersonal skillsAttention to detailConfidentiality

Required

Bachelor's degree in Human Resources, Business Administration, or related field, preferred

2-4 years of experience in HR Operations, with a focus on compensation administration

Experience coordinating HR projects and conducting market research

Familiarity with HRIS systems and proficiency in Microsoft Office Suite, particularly Excel (including advanced functions such as VLOOKUP, pivot tables, and data analysis tools)

Strong understanding of federal and state regulations related to compensation

Excellent communication and interpersonal skills

High level of accuracy and attention to detail

Ability to handle sensitive information with confidentiality and professionalism