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Compensation Benchmarking Jobs in Elgin, IL (NOW HIRING)

Sasser

Senior Compensation Analyst

Oak Brook, IL · On-site

$83K - $109K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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

Reyes Holdings

Compensation Analyst

Rosemont, IL · Hybrid

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Conduct market pricing and salary benchmarking for new and existing roles using compensation surveys and market data * Support job evaluations and maintain s, job architecture, salary grades, and pay ...

Reyes Holdings

Compensation Analyst

Rosemont, IL · Hybrid

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Conduct market pricing and salary benchmarking for new and existing roles using compensation surveys and market data * Support job evaluations and maintain s, job architecture, salary grades, and pay ...

Clearwater Analytics

Senior Global Compensation Lead

Chicago, IL · On-site

$130K - $180K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Market Data & Benchmarking * Own vendor relationships for market data surveys and tools. * Conduct ... Compensation Programs * Support design and administration of annual merit, bonus, and incentive ...

Grant Thornton

Director, Global Compensation

Chicago, IL · On-site

$187K - $312K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

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 ...

Grant Thornton

Director, Global Compensation

Chicago, IL · On-site

$187K - $312K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

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 ...

Grant Thornton

Director, Global Compensation

Chicago, IL · On-site

$187K - $312K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

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 ...

DivIHN

Compensation Consultant - 2 Openings

Lisle, IL · On-site

Candidates should have previous experience in compensation - specifically in job architecture and grading, sales incentive plan design and execution, salary market benchmarking, and/or pay equity.

Clearwater Analytics

Senior Global Compensation Lead

Chicago, IL · On-site

$130K - $180K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Market Data & Benchmarking * Own vendor relationships for market data surveys and tools. * Conduct ... Compensation Programs * Support design and administration of annual merit, bonus, and incentive ...

Clearwater Analytics

Senior Global Compensation Lead

Chicago, IL · On-site

$130K - $180K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Market Data & Benchmarking * Own vendor relationships for market data surveys and tools. * Conduct ... Compensation Programs * Support design and administration of annual merit, bonus, and incentive ...

The LaSalle Group

Remote Compensation Analyst

Chicago, IL · On-site +1

$40 - $50/hr

  • Medical

  • Dental

  • Vision

Perform internal equity analysis and salary benchmarking to inform recommendations. * Support compensation approvals, compensation reporting and ongoing compensation administration. * Partner with HR ...

Komatsu

Compensation Partner

Chicago, IL · On-site

$90K - $115K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Conduct market pricing, salary benchmarking, and internal equity analyses to support competitive, equitable, and business-aligned compensation decisions. * Evaluate positions and recommend ...

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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 Aug 16, 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 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 Analyst

Sasser

Oak Brook, IL • On-site

$83K - $109K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 24 days ago

Job description

Recognized as one of the Best Places to Work in Chicago by Fortune Magazine and Great Place to Work, Sasser prides itself on supporting an employee-driven, opportunity-based culture that empowers, recognizes, and rewards its employees. From highly competitive benefits to exciting employee events to organic, grassroots philanthropy and volunteerism, Sasser is an awesome place to begin and grow your career. We are a transportation asset services and management company with roots dating to 1928. Sasser's subsidiary units are leaders in providing commercial- and industrial-focused rail, automotive, and containerized shipping solutions, including asset leasing, fleet administration management, asset repair and maintenance, and innovative technology services.
Sasser family of companies includes subsidiaries Chicago Freight Car Leasing, CF Rail Services, Moventum Fleet Management, Express 4x4 Truck Rental, and Falcon Lease. To learn more about what makes Sasser special, visit www.sasser.com.
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's primary compensation subject-matter expert, supporting compensation strategy and administration across the Sasser family of companies. The ideal candidate brings strong compensation experience and an interest in supporting broader total rewards programs, including benefits administration. Experience supporting sales compensation programs is required.
This role offers the opportunity to influence compensation programs and decision-making across a diverse portfolio of businesses, partnering closely with HR and business leaders to ensure competitive and equitable pay practices.
Responsibilities
Compensation Analysis & Market Pricing
  • Conduct job evaluations, market pricing, and benchmarking for new and existing roles
  • Provide analytical support for job evaluations, ensuring alignment across job families and leveling.
  • Develop reports and analyses to evaluate the equity and competitiveness of pay programs, translating findings into clear recommendations for leadership.
  • Build compensation models for new hires, promotions, lateral transfers, and organizational restructuring
  • Evaluate, update, and maintain pay grade structures and salary bands, ensuring internal equity and market competitiveness
  • Administer and model annual merit review cycles, including budget allocation and manager guidance
  • Participate in external compensation surveys and benchmarking studies
  • Create analytics, dashboards and ad hob reporting related to compensation and employee data

Sales Compensation Support
  • Administer and audit sales incentive compensation plans, including commissions, accelerators, SPIFFs, and quota-based structures
  • Support Sales leadership to model plan design scenarios and assess cost impact
  • Maintain sales compensation plan documentation and support the annual sales comp planning cycle
  • Provide analytical support for bonus programs and other variable pay initiatives
  • Analyze sales compensation data to identify trends, anomalies, and opportunities for plan optimization

Benefits Administration
  • Manage benefits invoicing and reconciliation across all benefit lines
  • Own vendor and broker relationships, including contract negotiations and ongoing performance management
  • Support annual Open Enrollment process end-to-end, including system configuration
  • Support Workers' Compensation renewal processes and coordinate with brokers and carriers
  • Manage contract renewals for benefit plans, ensure plan documents are updated, i.e. SBC's and SPD's, and related services

Compliance & Audit
  • Own ACA reporting preparation and filing
  • Coordinate Form 5500 preparation and submission
  • Complete EEO-1 and state/federal pay reporting and filings
  • Complete and file nondiscrimination testing
  • Support benefit plan audits (401(k) and Workers' Compensation), including document preparation and auditor interface
  • Ensure data integrity within HCM

Required Qualifications and Experience
  • Bachelor's degree
  • 4-7 years of progressive compensation experience within an HR, Finance, or Total Rewards function
  • Demonstrated experience with sales compensation administration, including commissions, SPIFFs, accelerators, and quota-based plans
  • Proficiency in job matching, market pricing, and salary structure work
  • Strong analytical skills; advanced Excel proficiency (pivot tables, XLOOKUP, scenario modeling)
  • Experience with compensation survey participation and market pricing methodologies
  • Exceptional attention to detail with a track record of managing multiple concurrent priorities
  • Strong communication skills; ability to present complex data clearly to HR, Finance, and business leadership

Strongly Preferred Qualifications and Experience
  • Workday HCM experience
  • Familiarity with HRIS data exports and ability to troubleshoot data quality issues
  • Exposure to benefits administration, compliance, or audit activities
  • Prior experience in a multi-entity or growing mid-market organization
  • Working knowledge of benefits compliance requirements: ACA, ERISA, 5500, EEO-1

Skills
  • Strong analytical and problem-solving skills with the ability to interpret data and provide actionable insights
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across all levels of the organization
  • Strong attention to detail and ability to manage multiple priorities with accuracy and efficiency
  • Ability to handle confidential information with discretion and sound judgment
  • Proficiency in Microsoft Office Suite, including advanced Excel skills
  • Demonstrated adaptability, curiosity, and commitment to continuous improvement

Work Environment & Physical Requirements
  • Ability to travel periodically, as needed to support HR initiatives and business needs

Note: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Compensation/Benefits
The hiring range for this role is: $91,000 - $130,000.00 USD Annual. This role is classified as exempt for purposes of applicable wage and hour laws, which means that the individual hired will not be eligible for overtime pay. This role is also eligible for an annual incentive bonus based on financial and personal performance throughout the plan year.
Sasser is committed to fair and equitable compensation practices. Pay ranges are assigned to a job based on market data according to 3rd party salary benchmarking surveys. Actual base salary is dependent upon factors such as knowledge, skill level, and experience.
This role is also eligible for benefits. Sasser employees enjoy a competitive benefits program that:
  • Includes comprehensive medical, dental, and vision insurance plans, including HSA and FSA accounts with employer contributions toward HSA
  • Includes a 100% Company-paid disability and life insurance plans
  • Includes a 401K plan with company match PLUS additional end-of-year funding
  • Provides paid vacation time (tiered based on tenure), as well as personal time, sick days and summer half days for certain roles
  • Provides 10 paid holidays annually
  • Provides paid parental leave for new parents, as well as a monetary gift towards a 529 education account
  • Provides a confidential Employee Assistance Program
  • Provides training and tuition reimbursement
  • Provides community service opportunities, charity match opportunities, employee recognition programs, and many celebrations!

The Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

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