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Compensation Benchmarking Jobs in Illinois (NOW HIRING)

Applied Systems, Inc.

Senior Compensation Analyst

Chicago, IL · On-site +1

$85K - $111K/yr

Conduct compensation benchmarking for international markets, including India, with the ability to independently research statutory requirements, interpret market dynamics, and make data-driven pay ...

Applied Systems, Inc.

Senior Compensation Analyst

Chicago, IL · On-site

$85K - $111K/yr

Conduct compensation benchmarking for international markets, including India, with the ability to independently research statutory requirements, interpret market dynamics, and make data-driven pay ...

Applied Systems, Inc.

Senior Compensation Analyst

Chicago, IL · On-site +1

$85K - $111K/yr

Conduct compensation benchmarking for international markets, including India, with the ability to independently research statutory requirements, interpret market dynamics, and make data-driven pay ...

Applied Systems, Inc.

Senior Compensation Analyst

Chicago, IL · On-site +1

$85K - $111K/yr

Conduct compensation benchmarking for international markets, including India, with the ability to independently research statutory requirements, interpret market dynamics, and make data-driven pay ...

Norsk Hydro

Compensation Analyst

Rosemont, IL · On-site

$86K - $118K/yr

Exposure to strategic compensation initiatives, including pay equity, market benchmarking, and incentive programs * A collaborative, professional HR environment that values data-driven decision ...

Norsk Hydro

Compensation Analyst

Des Plaines, IL · Hybrid

$86K - $118K/yr

Exposure to strategic compensation initiatives, including pay equity, market benchmarking, and incentive programs * A collaborative, professional HR environment that values datadriven decisionmaking ...

Old Mission

Senior Compensation Manager

Chicago, IL · On-site

$150K - $250K/yr

Partner with leadership in designing, benchmarking, and managing competitive compensation structures * Manage bonus and promotion cycles, including budget modeling and analysis * Analyze compensation ...

Old Mission

Senior Compensation Manager

Chicago, IL · On-site

$150K - $250K/yr

Partner with leadership in designing, benchmarking, and managing competitive compensation structures * Manage bonus and promotion cycles, including budget modeling and analysis * Analyze compensation ...

StoneX

Senior Compensation Analyst

Chicago, IL · Hybrid

$85K - $111K/yr

Evaluates and administers employee compensation programs such as benchmarking studies on salaries, short- and long-term incentives, and other forms of rewards. Primary duties will include:

Stonex Group, Inc.

Senior Compensation Analyst

Chicago, IL · On-site

$90K - $110K/yr

Evaluates and administers employee compensation programs such as benchmarking studies on salaries, short- and long-term incentives, and other forms of rewards. Responsibilities Primary duties will ...

StoneX Group

Senior Compensation Analyst

Chicago, IL · Hybrid

$85K - $111K/yr

Evaluates and administers employee compensation programs such as benchmarking studies on salaries, short- and long-term incentives, and other forms of rewards. Responsibilities Primary duties will ...

Epitec

Compensation Consultant

Lisle, IL · On-site

$65 - $70/hr

Conduct market benchmarking and compensation analysis to support competitive pay strategies * Review and validate compensation actions for alignment with internal policies and guidelines * Support ...

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Compensation Benchmarking information

What is the difference between Compensation Benchmarking vs Compensation Analyst?

AspectCompensation BenchmarkingCompensation Analyst
Primary FocusComparing industry salary data across roles and regionsAnalyzing internal compensation data and making recommendations
ResponsibilitiesGathering market data, identifying trends, setting pay structuresData analysis, report creation, policy development
Required SkillsResearch, data collection, industry knowledgeData analysis, Excel, HR systems

Compensation Benchmarking involves gathering and comparing salary data across industries to inform pay strategies, while Compensation Analysts focus on analyzing internal data to develop compensation policies. Both roles require strong analytical skills, but benchmarking emphasizes external market research, whereas analysts work primarily with internal data.

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Senior Compensation Analyst

CTC Lateral - Website & LinkedIn

Chicago, IL

$85K - $111K/yr

Full-time

Retirement

Posted 2 days ago

New

Job description

As CTC's Senior Compensation Analyst, you will oversee the compensation process from start to finish. This involves running the annual comp cycle, setting packages for new hires and internal moves, and leading market survey submissions. You'll report to our HCM Operations Lead, with a seat at the table for financial modeling and analysis, alongside finance and senior leadership. Over time, as you build experience and demonstrate you're ready, you'll take on more of that work directly. And at a firm our size, your scope will go beyond just comp: you'll get exposure to other parts of HCM, shaped by your skills, your interests, and what the team needs. 

What You'll Do 

  • Own execution of CTC's annual compensation cycle, including comp statements, comp tracker maintenance, and coordination across HCM, Finance, and business leaders 
  • Own CTC's market pricing strategy, using benchmarking data and market judgment to help the firm make competitive, well-informed offers for new hires and employee moves 
  • Lead CTC's participation in market surveys, such as McLagan, and maintain compensation benchmarking data 
  • Partner with Finance to build bonus pool models and run scenario analysis, taking on more direct ownership as your trust and expertise grows 
  • Own comp reporting and insights that support HCM and business leaders in decision-making, expanding into other HCM analytics and reporting needs during lower-volume periods 
  • Conduct pay equity analysis to help ensure fairness across roles and responsibilities 
  • Partner with HCM Practice Leaders (HR Generalists/Business Partners) to structure and process separation packages 
  • Manage CTC's other compensation programs, such as our 401(k) plan, deferred compensation, and long-term incentive awards 
  • Lead the development and implementation of process and tool enhancements that improve and scale our comp function 
  • Partner with firm leaders to help managers and employees understand CTC's compensation philosophy and how it's applied 
  • Learn CTC's bonus pool sizing and modeling process alongside our Finance team, with increasing involvement as your comfort and track record grow 

What We're Looking For 

  • 5+ years' experience in HR compensation. Prop trading, hedge fund, or financial services experience is helpful but not required. We're equally interested in candidates from adjacent analytical backgrounds (e.g., FP&A, business management) with a genuine interest in managing the comp process 
  • Comfortable operating with senior leadership: someone who can navigate ambiguity, ask good questions, and build trust over time with executives and desk heads 
  • Strong aptitude in building financial models and conducting scenario analysis, employing advanced Excel skills to help inform major compensation decisions with leaders 
  • Proven ability to own and complete a process end to end, including under timeline pressure 
  • High attention to detail and the discretion to always handle confidential comp data appropriately 
  • Genuinely energized by variety and willing to jump into work outside comp when the group requires it  
  • Experience analyzing benchmarking data to guide compensation decisions  
  • A track record of building more effective and efficient processes; prior experience using AI for this is a plus, and genuine enthusiasm to leverage AI and automation is a must 

Apply