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Encore · 15 hours ago

Compensation Analyst

Schiller Park, IL

Full-time

Onsite

Mid Level

$65K/yr - $84K/yr

3+ years exp

Encore is seeking a Compensation Analyst to participate in the development, implementation, and administration of the company’s compensation programs. The role involves benchmarking positions, assisting in the year-end merit planning process, and administering incentive plans.

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Responsibilities

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

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

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

Qualification

Compensation experienceHRIS (UltiPro) softwareMicrosoft ExcelStatistical analysisCustomer service skillsMicrosoft WordDatabase managementVerbal/written communicationProject management