Compensation Analyst

3 weeks ago


Chicago, United States Addison Group Full time

Our client in the Higher Education space is seeking a Compensation Analyst to join their team on a CONTRACT basis. Ideal candidates will have 3+ years of experience and be proficient in Excel.


Job Title: Compensation Analyst

Location: Chicago, IL

Work Structure: Hybrid

Pay: $35hr-$40hr


Main Duties and Responsibilities:

The Compensation Analyst functions as a subject matter expert for all aspects of compensation ensuring that the college’s compensation program remains consistent, equitable, and competitive to attract and retain talented staff employees. The position assists with the technical components of the compensation program such as position evaluations, market pricing analysis, and serves as the HRIS resource for compensation related data and reporting.


-Responsible for position evaluations to determine appropriate classification (grade, job family, job code, title, pay, union status and FLSA status).


-Ensure consistency, internal equity, and market competitiveness, and provide recommendations for managers.


-Ensure policies and procedures are in compliance with federal, state, and local laws and regulations governing compensation.


-Provide expertise on wage & hour employment laws and regulations such as FLSA, minimum wage, overtime, and other relevant regulations.


-Research and monitor FLSA compliance, communicating areas of risks and impact to Director as necessary to ensure corrective action is taken.


-Provide recommendations for job descriptions to ensure consistency across the college in titles and job content for staff positions.


-Maintain job documentation library ensuring the up-to-date descriptions are on file for all staff positions.


-Prepare various PeopleSoft reports upon request by members of the HR team such as: employee census data, position and compensation data, affirmative action plan data, and other ad-hoc requests.


-Document compensation administration practices and system procedures focusing on best practices.


-Assist with special projects and/or studies on a variety of compensation projects, programs and policies and related matters.


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