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Senior Compensation Analyst

2 months ago

Chicago, United States SkyWater Search Partners Full time

Choose a job you love, and you will never have to work a day in your life. — Confucius SkyWater Search Partners is partnering with a global leader in the manufacturing of commercial plumbing systems renowned for their commitment to sustainability and innovation. This is an exciting opportunity for a Senior Compensation Analyst looking for a highly visible position within a growing privately held organization. Your strategic contributions will not only

support the attraction, engagement, and retention of top talent but also position you as a key influencer in larger-scale system-wide projects. This role offers significant advancement opportunities into management, recognizing your potential to lead and innovate within a dynamic and forward-thinking environment. Responsibilities

Lead and contribute to diverse compensation projects encompassing program design, analysis, budgeting, and program implementation. Conduct comprehensive analysis to evaluate the effectiveness, efficiency, and competitiveness of existing compensation programs, developing reports, dashboards, and metrics to identify trends and opportunities. Collaborate with cross-functional teams to design, implement, and administer wage structures, incentives, and rewards programs aligned with organizational objectives, emphasizing pay equity and transparency. Serve as a subject matter expert (SME) on significant compensation initiatives, identifying enhancement opportunities and recommending and implementing approved changes to processes and policies. Support the annual compensation planning cycle, ensuring the proper functionality of compensation planning systems and conducting analyses to support compensation programs and budgeting processes. Drive communication and change management efforts for compensation programs, facilitating understanding across the organization. Collaborate with Legal, Finance, and Payroll to fulfill pay equity compliance reporting requirements and prepare presentations and graphical illustrations for leadership reviews. Partner with HRIS to ensure accurate compensation-related HR data, acting as a compensation SME for system implementations impacting compensation. Participate in compensation surveys, maintaining an up-to-date market data database and collaborating with HR, Talent Acquisition, and Talent Development to align job descriptions with market standards. Ensure compliance of compensation programs with federal, state, and local regulations, collaborating with the total rewards team on projects such as total compensation statements. Desired Skills and Experience

Requirements Over 5 years of hands-on experience in developing, implementing, and administering comprehensive compensation, recognition, and rewards programs encompassing base pay, variable pay, pay equity, and pay transparency. Demonstrated proficiency in developing policies and processes to ensure compliance and organizational success, with a focus on salary administration practices including job analysis, benchmarking, pay equity analysis, pay structure development, incentive plan design, and reporting. Proactive problem-solver with a track record of identifying opportunities for change and implementing effective solutions. Advanced proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, etc.), utilizing these tools for data analysis, reporting, and communication. Preferred Qualifications 2+ years of experience in administering or developing human resource policies and employee benefit plans, with knowledge of employee benefit programs including health and welfare, retirement, and leaves of absence. CCP (Certified Compensation Professional), PHR/SPHR (Professional in Human Resources/Senior Professional in Human Resources). Flexibility and adaptability to evolving business needs, with a preference for experience in the manufacturing industry. Strong relationship-building skills, capable of collaborating effectively with internal and external stakeholders to achieve objectives and maintain mutually beneficial partnerships. Your Name:

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Start with your Short List

Led by a group of seasoned search industry professionals, SkyWater Search Partners brings new focus to a novel concept, “Short List Search.” Our purpose is to leave a lasting impression on the clients we serve by providing individuals who will make a measurable difference in their business. We strive to consistently deliver great results to our clients in a very timely manner. Practice Areas

Our practice areas are led by highly experienced executive recruiters who take great care in fully understanding client requirements and candidate qualifications. • Accounting and Finance • Information Technology • Operations • Engineering • Sales • Marketing • Human Resources • Legal • Construction • Supply Chain • Consumer Package Goods (CPG) Founded on long-standing relationships and hundreds of successful placements throughout the Twin Cities business community, SkyWater Search Partners is a proven resource for clients and candidates looking to quickly and confidently explore their “short list” of best choices. Count on us to find the best people – and the best fit. 601 Carlson Parkway | Suite 900Minneapolis, Minnesota 55305

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