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Associate Compensation Analyst Jobs in Illinois (NOW HIRING)

Epsilon

Senior, Sales Compensation Analyst

Chicago, IL · On-site

Participant Support • Respond to compensation-related inquiries from sales associates and leaders ... Reporting & Analytics • Prepare recurring compensation and quota reports for leadership. • ...

HUB

Associate Compensation Consultant

Chicago, IL · Remote

$60K/yr

... Associate Compensation Consultant is a member of the Workforce Solutions Team, contributing ... Applies discretion in utilizing and customizing market analysis templates (Excel files and Word ...

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All JobsAssociate Compensation Analyst JobsAssociate Compensation Analyst Jobs in Illinois

Associate Compensation Analyst information

See Illinois salary details

$43.1K

$93.2K

$157.5K

How much do associate compensation analyst jobs pay per year?

As of Aug 11, 2026, the average yearly pay for associate compensation analyst in Illinois is $93,214.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,800.00 and $116,800.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an associate compensation analyst?

To thrive as an Associate Compensation Analyst, you need strong analytical skills, attention to detail, and a background in finance, HR, or a related field, typically supported by a bachelor’s degree. Familiarity with compensation management systems, HRIS platforms, and proficiency in Excel or data analysis tools is crucial. Excellent communication, problem-solving abilities, and organizational skills help you present findings and collaborate effectively across teams. These competencies ensure accurate compensation analysis, support fair pay practices, and enable data-driven decision-making in HR.

What are some common challenges faced by associate compensation analysts when conducting market salary benchmarking?

Associate Compensation Analysts often encounter challenges such as gathering accurate and up-to-date market data, interpreting differences between survey methodologies, and ensuring data relevance to specific job families within their organization. They must also balance internal equity with external competitiveness, which requires close collaboration with HR business partners and department managers. Addressing these challenges effectively helps the organization remain competitive while maintaining fair compensation practices.

Is a compensation analyst a good career?

A compensation analyst is a valuable role responsible for analyzing salary structures, benefits, and pay practices within organizations. It typically requires strong analytical skills, knowledge of compensation laws, and proficiency with data tools like Excel or HRIS systems. The career offers growth opportunities in HR and compensation management, with a stable job outlook in many industries.

What is an associate compensation analyst?

Associate Compensation Analysts are entry-level professionals who support the development, implementation, and administration of employee compensation programs within organizations. They analyze market data, salary surveys, and internal pay structures to help ensure that compensation practices are competitive and equitable. Their work often includes preparing reports, assisting with job evaluations, and collaborating with HR teams to maintain compliance with compensation policies. This role is ideal for individuals interested in data analysis, human resources, and organizational strategy.
What are the most commonly searched types of Compensation Analyst jobs in Illinois? The most popular types of Compensation Analyst jobs in Illinois are:
What are popular job titles related to Associate Compensation Analyst jobs in Illinois? For Associate Compensation Analyst jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Associate Compensation Analyst jobs in Illinois look for? The top searched job categories for Associate Compensation Analyst jobs in Illinois are:
What cities in Illinois are hiring for Associate Compensation Analyst jobs? Cities in Illinois with the most Associate Compensation Analyst job openings:
Associate Compensation Analyst jobs near you
Infographic showing various Associate Compensation Analyst job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 17% Part Time, and 3% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $93,214 per year, or $44.8 per hour.

Compensation Analyst (Associate)

Health Care Service Corporation

Chicago, IL • On-site

$45K - $102K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 9 days ago

Job description

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers.
Join HCSC and be part of a purpose-driven company that will invest in your professional development.
Job Summary
This position is responsible for developing job descriptions and conducting job analysis and evaluations for assigned business areas; conducting market analyses and recommendations; participating in salary surveys; and assisting in the annual salary compensation review. Support the administration of compensation including salary and API. Assist with the analysis data to inform the design, development and updates of compensation programs and compensation projects as assigned.
JOB REQUIREMENTS:
  • Bachelor's degree in Human Resources, Business Administration, or a related field.
  • Proficiency in Microsoft Office Suite (Word, PowerPoint, Teams) and intermediate Excel skills (e.g., VLOOKUPs, formulas, and formatting).
  • Effective written and verbal communication skills with the ability to explain pay-related information clearly.
  • Experience in project coordination or administration with ability to manage multiple projects and timelines.

PREFERRED JOB REQUIREMENTS:
  • Relevant internships or HR administrative experience.
  • 2 years of relevant professional experience.

This is a Flex (Hybrid) role: 3 days in office; 2 days remote.
#LI-Hybrid
#LI-AS1
Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!
Pay Transparency Statement:
At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards.
The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.
HCSC Employment Statement:
We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.
Base Pay Range
$45,900.00 - $102,100.00
Exact compensation may vary based on skills, experience, and location.

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