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Compensation Benchmarking Jobs in Elgin, IL (NOW HIRING)

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 ...

Robinhood

Senior Compensation Analyst

Chicago, IL · On-site

$85K - $111K/yr

You'll develop scalable models that support market benchmarking, budget planning, scenario analysis, and data reconciliation, delivering data-driven insights that inform compensation strategy and ...

Lancesoft INC

Sr Compensation Manager

Chicago, IL · On-site

$50 - $54/hr

Conduct job evaluations, market benchmarking, and salary structure development. * Advise HR Business Partners and business leaders on compensation decisions. * Ensure internal equity, market ...

Sasser

Senior Compensation Analyst

Oak Brook, IL · On-site

$83K - $109K/yr

Conduct job evaluations, market pricing, and benchmarking for new and existing roles * Provide ... Build compensation models for new hires, promotions, lateral transfers, and organizational ...

Sasser

Senior Compensation Analyst

Oak Brook, IL · On-site

$83K - $109K/yr

Conduct job evaluations, market pricing, and benchmarking for new and existing roles * Provide ... Build compensation models for new hires, promotions, lateral transfers, and organizational ...

Sasser, Inc

Senior Compensation Analyst

Oak Brook, IL · On-site

$91 - $130/hr

... benchmarking for new and existing rolesProvide analytical support for job evaluations, ensuring ... Build compensation models for new hires, promotions, lateral transfers, and organizational ...

Grant Thornton

Director, Global Compensation

Chicago, IL · On-site

$187K - $312K/yr

As Director, Global Compensation, you will lead the strategy, design, and governance of ... Benchmarking and market insight * Lead the benchmarking approach and market positioning; manage ...

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Showing results 21-40

All JobsCompensation Benchmarking JobsCompensation Benchmarking Jobs in Elgin, IL

Compensation Benchmarking information

See Elgin, IL salary details

$32.6K

$72.3K

$111.7K

How much do compensation benchmarking jobs pay per year?

As of Sep 6, 2026, the average yearly pay for compensation benchmarking in Elgin, IL is $72,350.00, according to ZipRecruiter salary data. Most workers in this role earn between $57,800.00 and $83,500.00 per year, depending on experience, location, and employer.

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.

What are popular job titles related to Compensation Benchmarking jobs in Elgin, IL?

For Compensation Benchmarking jobs in Elgin, IL, the most frequently searched job titles are:

What job categories do people searching Compensation Benchmarking jobs in Elgin, IL look for?

The top searched job categories for Compensation Benchmarking jobs in Elgin, IL are:

What cities near Elgin, IL are hiring for Compensation Benchmarking jobs?

Cities near Elgin, IL with the most Compensation Benchmarking job openings:

Compensation Benchmarking jobs near you

Senior Compensation Manager

Old Mission

Chicago, IL • On-site

$150K - $250K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 10 days ago

Key responsibilities

  • Own the day-to-day design, analysis, and administration of the company's pay programs, including market benchmarking, pay equity, and merit cycles.

  • Serve as the primary point of contact for compensation questions from employees, managers, and HR partners, and communicate compensation decisions and reasoning directly to candidates and employees.

  • Manage bonus and promotion cycles, including budget modeling, analysis, and supporting negotiations for offers, promotions, and retention.

Job description

Old Mission is a global proprietary trading firm that leverages state-of-the-art technology and research to identify and execute profitable trading strategies across multiple asset classes around the world. Our offices in Chicago, New York, and London are all composed of naturally-curious individuals who thrive in a team environment and constantly strive for improvement.
About This Role
We're looking for a Senior Compensation Manager to lead compensation strategy and operations for the firm. This role owns the day-to-day design, analysis, and administration of our pay programs - from market benchmarking to pay equity to merit cycles - and serves as the go-to expert on compensation matters for HR and business leaders. You'll have real ownership over how we pay people, with the opportunity to shape and mature our total rewards programs as the firm grows. Just as important, this is a people-facing role. You'll sit across from candidates, employees, and managers to explain and, where appropriate, negotiate compensation directly - listening closely, building trust, and gathering the context that leads to better pay decisions.
What You'll Do
  • Partner with leadership in designing, benchmarking, and managing competitive compensation structures
  • Manage bonus and promotion cycles, including budget modeling and analysis
  • Analyze compensation trends and present findings/recommendations to leadership
  • Support benefits program administration and vendor relationships (with room to shape broader total rewards strategy over time)
  • Serve as the primary point of contact for compensation questions from employees, managers, and HR partners, and guide them through pay decisions in direct conversations
  • Communicate compensation decisions and the reasoning behind them directly to candidates and employees, and help shape how the firm frames and delivers pay conversations
  • Lead and support compensation negotiations for offers, promotions, and retention, balancing individual expectations against internal budget
  • Listen for and surface the information gathered during compensation conversations, feeding those insights back into strategy, program design, and market positioning
  • Own the company's participation in compensation surveys and lead market benchmarking for all roles
  • Build and maintain dashboards and reporting for compensation and total rewards metrics
What We're Looking For
  • 8+ years of experience in compensation, HR analytics, or a related total rewards function
  • Strong Excel skills (pivot tables, VLOOKUP/XLOOKUP, modeling); advanced HRIS experience (ADP preferred)
  • Deep familiarity with compensation surveys (Radford, Mercer, Willis Towers Watson, etc.) and market pricing methodology
  • Solid understanding of pay equity principles and pay transparency regulations, with experience implementing related processes
  • Strong analytical and problem-solving skills with high attention to detail
  • Ability to handle sensitive/confidential data with discretion
  • Excellent communication skills, ability to translate data into clear recommendations for stakeholders and leadership, and to communicate pay decisions clearly and confidently in direct conversations with employees and candidates
  • Strong negotiation skills, with the ability to reach outcomes that work for both the individual and the firm
  • Strategic mindset - able to connect individual pay conversations and offers to the firm's broader compensation strategy and business goals
  • Strong active listening and interpersonal skills, with the ability to build trust and draw out important information during sensitive conversations
  • Demonstrated ability to independently own projects from analysis through implementation
  • Bachelor's degree in HR, Business, Finance, Accounting, Economics, or related field (or equivalent experience)
  • Certified Compensation Professional (CCP) certification preferred
  • Designing, benchmarking, and managing competitive, legally compliant compensation structures
Why This Role
This is an opportunity to lead and shape total rewards strategy at a growing firm, with real visibility into leadership decisions and a clear path to expand scope as the function matures.
Benefits and Perks
  • Fully paid Medical, Dental, Vision, Disability, and Life Insurance
  • Fully stocked kitchen; free breakfast and lunch every day on-site
  • Tuition Reimbursement Program
  • 401(k) with employer match
  • Paid Vacation, Sick, and Parental leaves
  • Commuter and Flexible Spending Programs

Base Salary Range
$150,000 - $250,000 - Salaries are based on numerous factors such as skills, experience, and education. Our compensation package also includes a discretionary bonus and a comprehensive benefits program for full-time employees. For more information, reach out to your recruiter.
Old Mission is not accepting unsolicited resumes from any staffing/search firms. All resumes submitted by staffing/search firms to any employee at Old Mission via-email, the Internet or directly without a valid signed search agreement will be deemed the sole property of Old Mission, and no fee will be paid in the event the candidate is hired by Old Mission.

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