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Compensation Analyst Jobs in Chicago, IL (NOW HIRING)

The LaSalle Group

Compensation Analyst

Chicago, IL · On-site

$40 - $50/hr

LaSalle Network is hiring for a Compensation Analyst with an insurance company known for organizational growth and transformation. This is a growth-driven position supporting the expansion and ...

Compeer Financial

Compensation Analyst

Naperville, IL · On-site

Base Compensation * Collaborates with department leaders and HR partners to complete job analysis and job evaluation on new and revised positions. * Drafts, edits and updates s. Evaluates s to ...

Norsk Hydro

Compensation Analyst

Des Plaines, IL · Hybrid

$86K - $118K/yr

Parental Leave Pay Range: $86,934 - $118,210 Job Summary The Compensation Analyst plays a critical role in supporting fair, competitive, and compliant pay practices at Hydro Extrusion North America ...

Norsk Hydro

Compensation Analyst

Rosemont, IL · On-site

$86K - $118K/yr

Parental Leave Pay Range: $86,934 - $118,210 Job Summary The Compensation Analyst plays a critical role in supporting fair, competitive, and compliant pay practices at Hydro Extrusion North America ...

Reyes Holdings

Compensation Analyst

Rosemont, IL · Hybrid

Analyze internal pay data to assess market competitiveness, internal equity, and alignment with compensation philosophy * Participate in compensation surveys by gathering, validating, and submitting ...

Reyes Holdings

Compensation Analyst

Rosemont, IL · Hybrid

Analyze internal pay data to assess market competitiveness, internal equity, and alignment with compensation philosophy * Participate in compensation surveys by gathering, validating, and submitting ...

ULINE

Senior Compensation Analyst

Glenview, IL

$81K - $106K/yr

Senior Compensation Analyst Corporate Headquarters 12575 Uline Dr. Pleasant Prairie, WI 53158 Uline's Human Resources team works hard to attract and retain top talent. As a Senior Compensation ...

ULINE

Senior Compensation Analyst

Waukegan, IL · On-site

$78K - $102K/yr

Senior Compensation Analyst Corporate Headquarters 12575 Uline Dr. Pleasant Prairie, WI 53158 Uline's Human Resources team works hard to attract and retain top talent. As a Senior Compensation ...

Reyes Holdings

Compensation Analyst

Rosemont, IL · On-site

$76K - $95K/yr

Analyze internal pay data to assess market competitiveness, internal equity, and alignment with compensation philosophy * Participate in compensation surveys by gathering, validating, and submitting ...

Robinhood

Senior Compensation Analyst

Chicago, IL · On-site

$85K - $111K/yr

As a Senior Compensation Analyst, you'll own compensation analytics and the systems behind our broad-based base pay and variable comp programs. You'll build the models that drive pay decisions, run ...

NorthShore

Compensation Analyst, Senior

Warrenville, IL · On-site

$38.67 - $59.94/hr

Senior Compensation Analyst As a Senior Compensation Analyst, you will play a pivotal role in ensuring that our compensation practices are competitive, equitable, and strategically aligned with ...

Sasser

Senior Compensation Analyst

Oak Brook, IL · On-site

$83K - $109K/yr

The Senior Compensation Analyst is an experienced HR professional with deep expertise in compensation analysis, market pricing, and pay program administration. This role serves as the organization ...

Sasser

Senior Compensation Analyst

Oak Brook, IL

$83K - $109K/yr

The Senior Compensation Analyst is an experienced HR professional with deep expertise in compensation analysis, market pricing, and pay program administration. This role serves as the organization ...

Paychex

Sr Compensation Analyst

Chicago, IL · On-site

$82K - $130K/yr

Overview As a Senior Compensation Analyst, you will be a leader supporting the design and driving the execution of our company's comprehensive compensation strategy. You will leverage advanced data ...

Applied Systems, Inc.

Senior Compensation Analyst

Chicago, IL · On-site +1

$85K - $111K/yr

As a Senior Compensation Analyst, you'll own meaningful work across our full compensation spectrum: job architecture, market pricing, variable pay programs, and the annual planning cycle. To keep us ...

Applied Systems, Inc.

Senior Compensation Analyst

Chicago, IL · On-site +1

$85K - $111K/yr

As a Senior Compensation Analyst, you'll own meaningful work across our full compensation spectrum: job architecture, market pricing, variable pay programs, and the annual planning cycle. To keep us ...

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Compensation Analyst information

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How much do compensation analyst jobs pay per hour?

As of Aug 1, 2026, the average hourly pay for compensation analyst in Chicago, IL is $40.14, according to ZipRecruiter salary data. Most workers in this role earn between $32.21 and $45.58 per hour, depending on experience, location, and employer.

What Does a Compensation Analyst Do?

A compensation analyst works in Human Resources focusing on the analysis of employee salaries and benefits to ensure both are fair. The compensation analyst looks at each role and performs an analysis of similar positions both inside and outside of the company to determine the amount of pay a candidate should receive for their work. They provide the figures to upper management to budget for a new employee or plan their financial goals for the year. Their duties include meeting federal guidelines for worker’s compensation, building pay structures for their employer, and reviewing existing salaries.

What are Compensation Analysts?

Compensation Analysts are human resources professionals who research, analyze, and develop an organization's pay structures and compensation programs. They ensure that salaries, bonuses, and benefits are competitive and comply with legal standards. Their work involves conducting market salary surveys, evaluating job positions, and making recommendations to attract and retain employees. Compensation Analysts play a critical role in balancing organizational goals with employee satisfaction.

What are the key skills and qualifications needed to thrive as a Compensation Analyst, and why are they important?

To thrive as a Compensation Analyst, you need strong analytical skills, attention to detail, and a solid understanding of compensation principles, often supported by a degree in human resources, finance, or a related field. Familiarity with HRIS systems, advanced Excel functions, and compensation management software like PayScale or MarketPay is typically required. Exceptional communication, problem-solving abilities, and discretion with sensitive data are important soft skills that set top performers apart. These skills and qualities are crucial for ensuring fair, competitive, and legally compliant compensation practices that attract and retain talent.

What is the difference between Compensation Analyst vs Benefits Analyst?

AspectCompensation AnalystBenefits Analyst
Required CredentialsBachelor's degree in HR, Business, or related field; certifications like CCP or CBPBachelor's degree in HR, Business, or related field; certifications like CBP or CEBS
Work EnvironmentCorporate HR departments, consulting firms, or government agenciesCorporate HR teams, insurance companies, or government agencies
Employer & Industry UsageUsed across industries to develop compensation structuresUsed to manage employee benefits programs and compliance
Comparison FocusAnalyzing salary data, pay structures, and market trendsManaging health, retirement, and other employee benefits

While both roles are vital in HR, Compensation Analysts focus on salary structures and pay equity, whereas Benefits Analysts specialize in employee benefits programs. Both roles often collaborate but serve distinct functions within organizations.

What are some typical challenges Compensation Analysts face when ensuring pay equity across an organization?

Compensation Analysts often encounter challenges such as navigating complex pay structures, managing large volumes of sensitive salary data, and staying current with evolving regulations on pay equity. They must balance internal fairness with external market competitiveness while addressing potential discrepancies in pay based on job roles, experience, and location. Additionally, collaborating with HR, finance, and leadership teams to implement equitable compensation strategies requires strong communication and data analysis skills.
More about Compensation Analyst jobs
What are the most commonly searched types of Compensation Analyst jobs in Chicago, IL? The most popular types of Compensation Analyst jobs in Chicago, IL are:
What are popular job titles related to Compensation Analyst jobs in Chicago, IL? For Compensation Analyst jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Compensation Analyst jobs in Chicago, IL look for? The top searched job categories for Compensation Analyst jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Compensation Analyst jobs? Cities near Chicago, IL with the most Compensation Analyst job openings:
Compensation Analyst jobs near you
Infographic showing various Compensation Analyst job openings in Chicago, IL as of July 2026, with employment types broken down into 3% Locum Tenens, 84% Full Time, 8% Part Time, 1% Temporary, and 4% Contract. Highlights an 85% Physical, 6% Hybrid, and 9% Remote job distribution, with an average salary of $83,494 per year, or $40.1 per hour.

Compensation Analyst

The LaSalle Group

Chicago, IL • On-site

$40 - $50/hr

Full-time

Medical, Dental, Vision

Posted 15 days ago

Job description

LaSalle Network is hiring for a Compensation Analyst with an insurance company known for organizational growth and transformation.
This is a growth-driven position supporting the expansion and maturation of the Compensation function. The role will support compensation administration, job architecture, career pathing, market pricing and compensation analytics across approximately 2,000 employees and 15 business units. This is a project-driven environment where you'll help build frameworks and governance while partnering closely with HR leadership and HR business partners.
Responsibilities
  • Conduct market pricing and job pricing activities to support compensation decisions.
  • Perform internal equity analysis and salary benchmarking to inform recommendations.
  • Support compensation approvals, compensation reporting and ongoing compensation administration.
  • Partner with HR Business Partners and business leaders on compensation-related questions and initiatives.
  • Support career pathing, job architecture and career leveling initiatives across the organization.
  • Provide compensation analytics and identify opportunities for compensation process improvement.
  • Utilize and support Workday as part of compensation and HR technology initiatives.
  • Contribute to organizational structure projects and related compensation governance work.

Qualifications
  • 3-5+ years of compensation experience supporting market pricing, internal equity and compensation analysis work.
  • Hands-on Workday experience supporting compensation processes and/or related initiatives.
  • Advanced Excel skills, including Pivot Tables and XLOOKUP/VLOOKUP functions.
  • Strong communication and stakeholder management skills, with the ability to explain compensation concepts clearly.
  • Ability to work independently in a fast-paced, evolving environment with ambiguity and shifting priorities.
  • Experience supporting career architecture, job leveling and/or organizational design initiatives.
  • Exposure to HR technology implementations and/or HRIS support.
  • UKG exposure.

Key Details
  • Employment Type: Direct Hire
  • Compensation: $100-120K
  • Benefits (Direct Hire): Medical Insurance; Dental Insurance; Vision Insurance
  • Location: Chicago, Illinois
  • Work Model: Hybrid

Ready to take the next step in your career? Apply today - we're actively interviewing and excited to meet you.
Spencer Weiss
#LI-SW1
LNOSHR
LaSalle Network is an Equal Opportunity Employer m/f/d/v.
LaSalle Network is the leading provider of direct hire and temporary staffing services. For over two decades, LaSalle has helped organizations hire faster and connect top talent with opportunities, from entry-level positions to the C-suite. With units specializing in Accounting and Finance, Administrative, Engineering, Marketing, Technology, Supply Chain, Revenue Cycle, Call Center, Human Resources and Executive Search, LaSalle offers staffing and recruiting solutions to companies of all sizes and across all industries.

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