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Compensation Specialist

2 months ago

Westmont, Illinois, United States ITS Technology and Logistics, LLC Full time
Compensation Analyst Job Description

We are seeking a highly skilled Compensation Analyst to join our team at ITS Technology and Logistics, LLC. As a Compensation Analyst, you will play a crucial role in ensuring our organization remains competitive in the market by evaluating job positions, designing compensation packages, and implementing incentive programs aligned with our strategic goals.

Key Responsibilities:
  • Job Evaluation and Market Analysis: Conduct thorough job evaluations and market analyses to support compensation decisions and program recommendations.
  • Job Description Maintenance: Maintain accurate job descriptions for all positions within the organization and ensure alignment with job duties performed.
  • Process Improvement: Identify opportunities for process improvement and best practices in business processes.
  • Documentation: Document new procedures and business process workflows.
  • Compensation Surveys: Participate in third-party compensation surveys to stay up-to-date on industry standards.
  • Research and Analysis: Perform research with peer companies and similar external markets to inform compensation decisions.
  • Job Profiling and Leveling: Analyze job profiles and specifications using job evaluation and leveling techniques.
  • Compensation Alignment: Align jobs and establish compensation parameters equitable within the organization and competitive to the external market.
  • Exemption Status and Compliance: Ensure all reviewed jobs have the proper exemption status, meet compliance requirements, and regulatory standards.

We offer a dynamic work environment, competitive compensation, benefits, 401K, and vacation time. If you are a motivated and detail-oriented professional with a passion for compensation and benefits, we encourage you to apply.

Requirements:
  • Education: Bachelor's Degree in Human Resources, Business, or related field preferred. In lieu of a degree, 4+ years of experience in compensation with a strong understanding of job evaluation techniques will be considered.
  • Experience: Minimum 3 years of experience in compensation or a related field.
  • Industry Experience: Previous Supply Chain industry experience is helpful, while Railroad industry experience is highly desirable.
  • Skills: Strong analytical skills with the ability to interpret and communicate data effectively. Advanced proficiency in Microsoft Excel and other relevant software applications.
  • Communication: Excellent verbal and written communication skills.
  • Compensation Software: Knowledgeable/Proficient in Compensation Software - Payfactors proficiency a plus.
  • Union Environment: Compensation experience within a Union environment is a nice to have.
  • Remote Work: Ability to work well independently and remotely.