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Compensation Benchmarking Jobs in Illinois (NOW HIRING)

The Equus Group

Senior Compensation Analyst

Chicago, IL · On-site

$85K - $111K/yr

Manage market pricing and benchmarking efforts to support competitive compensation decisions for new hires and internal moves * Lead participation in compensation surveys and maintain compensation ...

Russell Tobin

Senior Manager Compensation

Chicago, IL · On-site

$50/hr

Conduct job evaluations and market benchmarking for broad-based and executive positions. * Provide compensation guidance and insights to HR leadership, Operations, Commercial leadership, and other ...

Cerebras

Compensation Business Partner

Chicago, IL · On-site

$140 - $190/hr

Lead compensation benchmarking, market analysis, and pay positioning strategies for U.S. and Canadian markets * Support strategic initiatives such as job architecture evolution, compensation ...

Amcor

Compensation Manager

Deerfield, IL

Leverage compensation analytics, benchmarking data, and emerging industry trends to recommend and implement compensation strategies. * Identify process efficiencies, develop & maintain positive ...

ThoughtSpot

Compensation Business Partner

Chicago, IL · On-site

$120 - $180/hr

Lead compensation benchmarking, market analysis, and pay positioning strategies for U.S. and Canadian markets * Support strategic initiatives such as job architecture evolution, compensation ...

Box

Senior Compensation Analyst

Chicago, IL · On-site

$85K - $111K/yr

Proficiency with Workday and compensation benchmarking/survey tools (e.g., Radford, Pave, Syndio, or similar). * Analytical thinker who combines data-driven rigor with organizational context to ...

New

Box

Senior Compensation Analyst

Chicago, IL · On-site

$85K - $111K/yr

Proficiency with Workday and compensation benchmarking/survey tools (e.g., Radford, Pave, Syndio, or similar). * Analytical thinker who combines data-driven rigor with organizational context to ...

New

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 ...

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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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Compensation Benchmarking jobs near you

Senior Compensation Analyst

The Equus Group

Chicago, IL • On-site

$85K - $111K/yr

Other

Retirement

Posted 5 days ago

Job description

About the Opportunity

We are partnering with our client, a leading trading firm, on the search for a Senior Compensation Analyst to join their team in Chicago. This is an opportunity to take ownership of the compensation function within a highly analytical, fast-paced financial services environment, with significant exposure to Finance and senior leadership.


The Senior Compensation Specialist will oversee the compensation process from end to end, including the annual compensation cycle, market benchmarking, compensation programs, and reporting. This individual will also partner closely with Finance on bonus pool modeling and scenario analysis, with the opportunity to take on increasing ownership of financial analysis over time.


What You'll Do

  • Own the execution of the annual compensation cycle, including compensation statements, tracking, and coordination across HCM, Finance, and business leadership
  • Manage market pricing and benchmarking efforts to support competitive compensation decisions for new hires and internal moves
  • Lead participation in compensation surveys and maintain compensation benchmarking data
  • Partner with Finance on bonus pool modeling, financial modeling, and scenario analysis
  • Develop compensation reporting and insights to support HCM and business leaders in decision-making
  • Conduct pay equity analysis across roles and responsibilities
  • Partner with HCM Practice Leaders on separation packages and related compensation matters
  • Manage additional compensation programs, including 401(k), deferred compensation, and long-term incentive awards
  • Partner with firm leaders to help managers and employees understand the firm's compensation philosophy and how it is applied
  • Identify and implement process, technology, automation, and AI enhancements to improve and scale the compensation function
  • Support broader HCM analytics and reporting initiatives as needed
  • Take on increasing ownership of bonus pool sizing and financial analysis as expertise and experience grow


What We're Looking For

  • 5+ years of experience in compensation, HR analytics, FP&A, business management, or a related analytical function
  • Financial services experience strongly preferred, particularly within trading, hedge funds, private equity, investment banking, asset management, or similar environments
  • Experience working with compensation benchmarking and market data
  • Strong financial modeling and scenario analysis skills with advanced Excel proficiency
  • Comfortable partnering with senior leadership and navigating a fast-paced, high-performance environment
  • Proven ability to own processes end to end and deliver under tight timelines
  • Strong analytical and problem-solving skills with exceptional attention to detail
  • High level of discretion when handling confidential compensation information
  • Strong communication and relationship-building skills
  • A track record of improving processes and building more efficient, scalable solutions
  • Genuine interest in leveraging AI and automation to improve processes; prior experience is a plus
  • Adaptable and willing to contribute across the broader HCM function as needed


The Equus Group is an Equal Opportunity Employer and takes pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion, or any other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, marital or veteran status, disability, or any other legally protected status.


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