Compensation Analyst for Illinois Credit Union

24 hours ago


Lake Forest, Illinois, United States Consumers Credit Union Full time

We're seeking a highly skilled Compensation Analyst to join our team at Consumers Credit Union (CCU) in Lake Forest, IL. This is an exciting opportunity to work with a dynamic and growing financial institution that prioritizes transparency, simplicity, and member satisfaction.

Salary: $65,000 - $80,000 per year, depending on experience

About the Role

The Compensation Analyst will play a crucial role in supporting the Total Rewards team by analyzing and evaluating HR data, creating reports, and providing findings to management to improve employee experience and achieve business goals. As a key contact for the HRIS, you'll ensure accurate and up-to-date data, conduct quality checks, and identify system impacts and limitations.

  • Engage with employees across all levels to provide support on various inquiries, ensuring timely resolution and accuracy of payroll processing and HR initiatives.
  • Collaborate with management to develop compensation programs, including annual merit processes, bonus and incentive programs, benchmarking, job analysis, base pay recommendations, and salary survey participation.
  • Analyze and interpret HR data to identify trends, opportunities, and areas for improvement, presenting findings and recommendations to management.
  • Develop and maintain relationships with HR colleagues, management, and other stakeholders to support tactical compensation matters.
Requirements

To be successful in this role, you'll need:

  • Bachelor's Degree in Business Administration, Economics, Finance, Human Resources, or a closely related field.
  • 1+ years' experience in Human Resources, Compensation, Data Analysis, or HR Technologies; 2+ years' experience is highly preferred.
  • High level of proficiency in UKG Pro or similar HRIS systems, with a desire to continuously learn and improve.
  • Strong analytical and problem-solving skills, with attention to detail and quality orientation.
  • Excellent communication and presentation skills, with the ability to educate employees on Total Rewards-related topics and programs.
  • Organizational relations, time management, and flexibility to work a hybrid schedule (2-3 days/week onsite at HQ in Lake Forest, IL).
Benefits

We offer a comprehensive benefits package, including:

  • Competitive salary ($65,000 - $80,000 per year)
  • FREE basic life insurance, short-term and long-term disability insurance, employee-only fitness center
  • Multiple plan options for medical and dental, vision coverage, tax-advantaged spending accounts, employee assistance program, tuition assistance, student loan assistance, paid parental leave, and more
  • Generous Paid Time Off (up to 4 weeks during your first year) + 11 company-paid holidays + CCYou Day - a paid day off for you to focus on your wellbeing

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