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Compensation Data Analytics Jobs in Chicago, IL (NOW HIRING)

Sr. Compensation Analyst

Chicago, IL · On-site

$85.50K - $111.30K/yr

Analytics, Reporting & Decision Support * Design, generate, consolidate, and manipulate data from multiple systems to deliver accurate, timely, and meaningful compensation reports and analyses.

Sr. Compensation Analyst

Chicago, IL · On-site

$85.50K - $111.30K/yr

Analytics, Reporting & Decision Support * Design, generate, consolidate, and manipulate data from multiple systems to deliver accurate, timely, and meaningful compensation reports and analyses.

Data Analytics Engineer - Chicago based position - not eligible for remote work Who We Are We are a ... Final compensation will be determined based on a variety of factors, including experience, skill ...

As a Compensation Specialist, you'll analyze market data and partner with leaders to guide pay decisions across our North American operations, driving business growth and competitive talent ...

As a Compensation Specialist, you'll analyze market data and partner with leaders to guide pay decisions across our North American operations, driving business growth and competitive talent ...

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Compensation Data Analytics information

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

To thrive as a Compensation Data Analytics professional, you need strong analytical skills, a solid understanding of compensation structures, and a degree in fields like HR, finance, or statistics. Familiarity with HR information systems (HRIS), data visualization tools like Tableau or Power BI, and proficiency in Excel or statistical software such as R or Python are commonly required. Attention to detail, problem-solving abilities, and effective communication skills help you translate complex data into actionable insights for stakeholders. These skills ensure accurate, data-driven compensation strategies that support organizational goals and fair employee practices.

How does a Compensation Data Analytics professional typically collaborate with HR and business leaders to inform pay decisions?

Compensation Data Analytics professionals work closely with HR teams and business leaders by providing data-driven insights that guide salary structures, incentive plans, and pay equity initiatives. They interpret data from salary surveys, internal pay records, and market trends, translating complex analyses into actionable recommendations. Regular meetings and presentations are common, ensuring that stakeholders understand compensation trends and can make informed decisions that support organizational goals. Effective communication and collaboration are key, as these professionals often bridge the gap between technical analytics and strategic HR planning.

What is compensation data analytics?

Compensation data analytics is the process of collecting, analyzing, and interpreting data related to employee compensation, such as salaries, bonuses, and benefits. This field helps organizations make informed decisions about pay structures, ensure competitive and equitable compensation, and comply with legal requirements. By leveraging data analytics, companies can identify trends, address pay disparities, and optimize their compensation strategies to attract and retain top talent.

What jobs in the US pay 300,000 a year?

In compensation data analytics, senior roles such as Compensation Directors, Compensation Managers, and Compensation Consultants can earn $300,000 or more annually, especially with extensive experience, advanced certifications like CCP or CBP, and working in large organizations or consulting firms. High-level executive positions in compensation or HR, such as Chief Compensation Officer, also typically reach or exceed this salary level.

What is the difference between Compensation Data Analytics vs Compensation Analyst?

AspectCompensation Data AnalyticsCompensation Analyst
CredentialsDegree in HR, Business, or Data Analytics; often certifications in data analysisDegree in HR, Business, or related field; HR certifications common
Work EnvironmentData-focused, analytical tasks, often in HR or compensation departmentsHR teams, compensation planning, employee benefits
Industry UsageUsed across industries for data-driven compensation strategiesPrimarily in HR and compensation departments within various industries
Search & Comparison IntentFocus on data analysis skills and tools for compensation dataFocus on salary structures, benefits, and employee compensation policies

Compensation Data Analytics involves analyzing large datasets to inform compensation strategies, requiring strong data skills. Compensation Analysts focus on designing and managing salary structures and benefits. Both roles collaborate but differ mainly in their focus—data analysis versus policy implementation.

What cities near Chicago, IL are hiring for Compensation Data Analytics jobs? Cities near Chicago, IL with the most Compensation Data Analytics job openings:
Sr. Compensation Analyst

Sr. Compensation Analyst

Cushman & Wakefield

Chicago, IL • On-site

$85.50K - $111.30K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 22 days ago


Cushman & Wakefield rating

7.6

Company rating: 7.6 out of 10

Based on 149 frontline employees who took The Breakroom Quiz

69th of 152 rated real estate companies


Job description

Job Title

Sr. Compensation Analyst

Job Description Summary

The Senior Compensation Analyst is a key member of C&W's Global Compensation team, supporting the Americas Human Resources organization. This role is responsible for analyzing, designing, and administering compensation programs, including base pay and incentive plans, while ensuring internal equity, external competitiveness, and compliance with applicable regulations. The Senior Compensation Analyst partners closely with HR Business Partners, HR Operations, and business leaders to provide market pricing, job evaluation, analytics, and insights. Primary focus will be the United States and Canada, with limited support for other countries as needed.

Job Description

Compensation Analysis & Market Pricing

  • Conduct job evaluations and market pricing using multiple survey sources and pricing tools to ensure competitive and equitable pay practices.
  • Participate in and analyze compensation survey data; maintain benchmark job matches and market data repositories.
  • Perform internal equity and competitiveness analyses and provide pay recommendations aligned with compensation philosophy and guidelines.
  • Support the development, maintenance, and refinement of salary structures, job levels, and pay grades.

Analytics, Reporting & Decision Support

  • Design, generate, consolidate, and manipulate data from multiple systems to deliver accurate, timely, and meaningful compensation reports and analyses.
  • Develop compensation models and ad hoc analyses to support compensation decisions, scenario planning, and project work.
  • Translate data into insights and recommendations for leaders, enabling informed decision-making related to pay, job design, and compensation programsmaking related to pay, job design, and compensation programs.

Compensation Programs & Annual Processes

  • Support the administration of annual compensation processes, including merit increases and bonus programs, ensuring accuracy, timeliness, and adherence to guidelines.
  • Provide guidance to HR Business Partners and managers on compensation policies, programs, and practices.
  • Assist in the development of communication and reference materials related to compensation programs and yearend processes; provide ongoing user support as needed.

Systems, Governance & Process Improvement

  • Partner with HR Operations and HR Services teams to improve process automation, data integrity, and governance across compensation reporting and systems.
  • Ensure compensation data is accurate, current, and audit ready; proactively identify opportunities to enhance processes, controls, and reporting capabilitiesready; proactively identify opportunities to enhance processes, controls, and reporting capabilities.
  • Support Workday compensation processes, reporting, and data maintenance; contribute to continuous improvement of system functionality and usage.

Projects & Specialized Support

  • Lead or support compensation-related projects, including job architecture initiatives, bonus target alignment, exemption classification analysis, and compensation structure developmentrelated projects, including job architecture initiatives, bonus target alignment, exemption classification analysis, and compensation structure development.
  • Stay current on compensation trends, regulatory requirements, and best practices; provide guidance accordingly.

Education & Experience

  • Bachelor's degree in Human Resources, Business, Finance, or a related field, or equivalent relevant experience.
  • Minimum of 3-5 years of progressive experience in compensation analysis or a related analytical role with demonstrated ability to analyze and interpret large, complex data sets.
  • Experience supporting compensation programs in a U.S. and/or global environment, across different employee segments (e.g., hourly, salaried, commissioned); consulting experience is a plus.
  • Working knowledge of HRIS systems; Workday experience preferred.
  • Advanced Excel and analytical skills, including pivot tables, complex formulas, lookups, and data visualization; experience with PowerPoint required.
  • General knowledge of local, state, and federal compensation-related compliance requirements, including FLSA, DOL, and antitrust regulationsrelated compliance requirements, including FLSA, DOL, and antitrust regulations.

Skills

  • Advanced compensation analysis, including market pricing, job evaluation, and internal equity analysis
  • Demonstrated quantitative and analytical skills with the ability to work with large, complex data sets
  • Advanced Excel proficiency (pivot tables, complex formulas, lookups, data modeling)
  • Experience developing compensation or financial models, scenarios, and insights to support business decisions
  • Ability to translate data into clear, actionable recommendations for leaders
  • Proficiency with HRIS and compensation systems; Workday experience preferred
  • Business acumen and consultative skills; ability to advise HR partners and leaders on pay decisions
  • Excellent written and verbal communication skills, including presentation of findings
  • Proven ability to manage multiple priorities in a fast-paced environmentpaced environment
  • Ability to independently research and provide issue resolution.
  • High level of discretion and professionalism when handling confidential information

Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.
The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate's experience and qualifications.
The company will not pay less than minimum wage for this role.
The compensation for the position is: $ 77,945.00 - $91,700.00Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or emailAccommodations@cushwake.com. Please refer to the job title and job location when you contact us.

INCO: "Cushman & Wakefield"

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