This job was posted by https://illinoisjoblink.illinois.gov : For more
information, please see:
https://illinoisjoblink.illinois.gov/jobs/12612799 **Heidrick &
Struggles (Nasdaq: HSII) is the world\'s foremost advisor on executive
leadership, driving superior client performance through premier human
capital leadership advisory services. For more than 70 years, we\'ve
delivered value for our clients by leveraging unrivaled expertise to
help organizations discover and enable outstanding leaders and teams.
Learn more at
www.heidrick.com
Job Description:
Who we Are**
Heidrick & Struggles (Nasdaq: HSII) is a premier provider of global
leadership advisory and on-demand talent solutions, serving the
senior-level talent and consulting needs of the world\'s top
organizations. In our role as trusted leadership advisors, we partner
with our clients to develop future-ready leaders and organizations,
bringing together our services and offerings in executive search,
diversity and inclusion, leadership assessment and development,
organization and team acceleration, culture shaping and on-demand,
independent talent solutions. Heidrick & Struggles pioneered the
profession of executive search more than 70 years ago. Today, the firm
provides integrated talent and human capital solutions to help our
clients change the world, one leadership team at a time.
Additional information on the firm can be found at www.heidrick.com.
The Role
The Compensation Analyst is part of the Global Total Rewards team and
plays a key role in analyzing and preparing information related to
broad-based pay programs and competitive benchmarking, including data
collection and analytics. The Compensation Analyst is responsible for
assisting in the preparation, administration, and communication of
compensation programs, including base pay, short and long-term incentive
pay, job evaluation and competitive market research. Additionally, this
role supports in the development and administration of compensation
policies and creates models for \"what if\" scenarios and incentive
decisions.
Responsibilities
Conduct benchmarking analyses of jobs and compensation programs
through market research on an ongoing basis; consult with leaders
and other key stakeholders on findings.
Analyze compensation market research results to evaluate the
relative impact on individuals\' compensation, budget planning and
global salary structures.
Audit and evaluate jobs internally to ensure equitable wage and
salary rates of current workforce.
Assist in developing, implementing and administering compensation
policies and procedures, practices, and programs including base pay
and incentive pay.
Develop compensation models to support \"what if\" analyses to
inform proposals that impact salary structures, incentives, and
other pay decisions; manipulate data and formulas in spreadsheets to
produce complex reports and metrics.
Support annual compensation planning processes, including global
promotion, merit, bonus & equity allocation process in collaboration
with HR & finance.
Participate in compensation market surveys; complete external salary
survey requests.
Assist in implementing compensation actions and administrative
processes in Workday; assist in creating and maintaining plan
documentation, eligibility rules, reporting, year-end configuration,
and testing.
Prepare and distribute year-end compensation statements for
employees.
Assist in completing special projects, acting as the Compensation
subject matter expert for project stakeholders.
Keep abreast of global compensation trends as well as federal,
state, local, and/or provisional laws and regulations.
Other duties as assigned.
Required Qualifications
Bachelor\'s degree in Human Resources, Finance, Economics, Business,
Accounting or related field.
Minimum of two years of experience in compensation administration or
complex data analytics.
Ability to be discreet with confidential company and employee
information.
Experience designing and developing complex financial models in
Excel; must have advanced Excel and analytical skills, including
Pivot tables and v-lookups.
Advanced reporting and database skills, including creating reports,
updating data, running queries, etc.
Strong analytical skills; ability to investigate and resolve data
discrepancies and inconsistencies.
Strong organizational skills with ability to prioritize work with
minimal supervision.
Strong detail orientation and commitment to quality and accuracy in
work.
Proven experience providing highest levels of service to both
internal and external stakeholders.
Ability to work independently, managing time to complete multiple
concurrent tasks and project objectives.
Demonstrated strong work ethic and ability to work flexible hours as
needed.
Excellent verbal and written communication skills, including the
ability to effectively communicate complex compensation concepts to
non-compensation professionals.
Ability to drive results and meet strict deadlines.
