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Compensation Strategy Jobs in Lombard, IL (NOW HIRING)

Woodmac

Director, Sales Incentive Compensation

Chicago, IL · On-site

$128K - $176K/yr

Operating as a senior strategic partner to executive leadership, the Director leads the development, financial modeling, governance, and optimization of all variable compensation programs across the ...

Grant Thornton

Director, Global Compensation

Chicago, IL · On-site

$187K - $312K/yr

Global compensation strategy, design, and integration * Own and evolve the global compensation strategy and pay philosophy, ensuring alignment to business goals and competitive market positioning.

Grant Thornton

Director, Global Compensation

Chicago, IL · On-site

$187K - $312K/yr

Global compensation strategy, design, and integration * Own and evolve the global compensation strategy and pay philosophy, ensuring alignment to business goals and competitive market positioning.

Grant Thornton

Director, Global Compensation

Chicago, IL · On-site

$187K - $312K/yr

Global compensation strategy, design, and integration * Own and evolve the global compensation strategy and pay philosophy, ensuring alignment to business goals and competitive market positioning.

Stefanini Group

Compensation Manager

Chicago, IL · On-site

Leading compensation strategy in complex manufacturing. * The Sr. Manager, Compensation will play a critical role in driving compensation strategy and decision-making across North America Operations ...

Stefanini Group

Compensation Manager

Chicago, IL · On-site

Leading compensation strategy in complex manufacturing. * The Sr. Manager, Compensation will play a critical role in driving compensation strategy and decision-making across North America Operations ...

Stefanini

Compensation Manager

Chicago, IL · On-site

Leading compensation strategy in complex manufacturing. The Sr. Manager, Compensation will play a critical role in driving compensation strategy and decision-making across North America Operations ...

Stefanini Group

Compensation Manager

Chicago, IL · On-site

Leading compensation strategy in complex manufacturing. * The Sr. Manager, Compensation will play a critical role in driving compensation strategy and decision-making across North America Operations ...

Stefanini Group

Compensation Manager

Chicago, IL · On-site

Leading compensation strategy in complex manufacturing. * The Sr. Manager, Compensation will play a critical role in driving compensation strategy and decision-making across North America Operations ...

Lancesoft

Sr. Compensation Manager

Chicago, IL · On-site

$45 - $50/hr

... strategies and complexities 3. What differentiates a strong candidate from an exceptional candidate for this role? Expertise with both hourly and salaried populations Korn Ferry Hay job evaluation ...

Lancesoft

Sr. Compensation Manager

Chicago, IL · On-site

$45 - $50/hr

... strategies and complexities 3. What differentiates a strong candidate from an exceptional candidate for this role? Expertise with both hourly and salaried populations Korn Ferry Hay job evaluation ...

Hunt

Senior Compensation Consultant

Chicago, IL · On-site

$91 - $225/hr

You will serve as a principal strategist, leading the delivery of large-scale projects, configuring complex corporate rewards structures, and solving intricate compensation challenges for major ...

Old Mission

Senior Compensation Manager

Chicago, IL · On-site

$150K - $250K/yr

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 ...

Epsilon

Director, Sales Compensation

Chicago, IL · On-site

$128K - $176K/yr

Strategic Partnership & Governance • Serve as the primary relationship manager between Epsilon Sales Compensation and Connected Media leadership. • Build trusted relationships with Sales ...

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All JobsCompensation Strategy JobsCompensation Strategy Jobs in Lombard, IL

Compensation Strategy information

See Lombard, IL salary details

$54.6K

$122.7K

$214K

How much do compensation strategy jobs pay per year?

As of Aug 13, 2026, the average yearly pay for compensation strategy in Lombard, IL is $122,674.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,600.00 and $155,000.00 per year, depending on experience, location, and employer.

What is compensation strategy?

Compensation strategy refers to an organization's approach to designing and managing employee pay, benefits, and rewards to attract, motivate, and retain talent. It involves aligning compensation programs with business goals, market trends, and internal equity considerations. A well-developed compensation strategy helps ensure that employees are fairly rewarded for their work and that the company remains competitive in the job market. It typically includes salary structures, incentive plans, and benefits offerings tailored to the organization's objectives.

What are the key skills and qualifications needed to thrive in compensation strategy, and why are they important?

To thrive in Compensation Strategy, you need a strong background in data analysis, compensation principles, and human resources, often supported by a degree in HR, finance, or business. Familiarity with compensation management software, HRIS systems, and certifications like CCP (Certified Compensation Professional) is highly valuable. Excellent communication, problem-solving, and stakeholder management skills set top performers apart in this field. These capabilities ensure fair, competitive, and compliant compensation programs that drive employee engagement and organizational success.

How does a compensation strategy professional typically collaborate with HR and business leaders to develop effective pay structures?

Compensation Strategy professionals work closely with HR teams and business leaders to align pay structures with organizational goals and market benchmarks. They participate in regular meetings to discuss workforce trends, company performance, and budget constraints, ensuring that compensation plans attract and retain top talent. This role often involves analyzing salary data, proposing adjustments, and presenting recommendations to leadership for approval, fostering a collaborative environment that balances business needs with employee satisfaction.

What skills do you need to be a compensation analyst?

A compensation analyst needs strong analytical skills, proficiency in Excel and data management tools, and a good understanding of compensation structures and market trends. Attention to detail, communication skills, and knowledge of HR policies are also important for developing and implementing pay strategies.

What is the difference between Compensation Strategy vs Compensation Analyst?

AspectCompensation StrategyCompensation Analyst
Primary FocusDeveloping overall compensation plans and policiesAnalyzing salary data and market trends
ResponsibilitiesDesigning pay structures, benefits, and incentive programsConducting salary surveys, data analysis, and reporting
Required CredentialsHR or compensation certifications, relevant experienceDegree in HR, finance, or related field; analytical skills
Work EnvironmentStrategic planning, policy development, cross-department collaborationData analysis, reporting, supporting compensation decisions

While Compensation Strategy focuses on creating and guiding overall pay policies and structures, Compensation Analysts implement these strategies through data analysis and market research. Both roles are essential in ensuring competitive and equitable compensation practices within organizations.

What job categories do people searching Compensation Strategy jobs in Lombard, IL look for?

The top searched job categories for Compensation Strategy jobs in Lombard, IL are:

What cities near Lombard, IL are hiring for Compensation Strategy jobs?

Cities near Lombard, IL with the most Compensation Strategy job openings:

Compensation Strategy jobs near you

Senior Compensation Consultant

Suzanne Snell Human Resources & Recruiting

Chicago, IL • Hybrid

Full-time

Posted 21 days ago

Job description

On behalf of our client, we are seeking an experienced Senior Compensation Consultant to lead strategic compensation consulting engagements and partner with organizations to develop innovative rewards programs that attract, retain, and motivate top talent. This hybrid role offers the opportunity to work closely with senior executives and HR leaders while leading complex client engagements and contributing to business growth.

Key Responsibilities

  • Lead large-scale compensation consulting engagements from strategy through implementation.
  • Develop compensation philosophies, pay structures, incentive plans, and market pricing strategies aligned with organizational goals.
  • Advise senior leaders on compensation strategy, job architecture, pay competitiveness, and compensation program design.
  • Manage client relationships, serving as a trusted advisor and ensuring exceptional service delivery.
  • Lead project teams by providing coaching, oversight, and mentorship to junior consultants.
  • Identify new business opportunities, expand existing client relationships, and support business development initiatives.
  • Leverage technology and data-driven insights to develop innovative compensation solutions.

Qualifications

  • Bachelor's degree in Business, Human Resources, Finance, or a related field.
  • 8+ years of compensation consulting, total rewards, or related HR advisory experience.
  • Deep expertise in compensation strategy, incentive plan design, market analysis, and compensation governance.
  • Proven success managing complex consulting engagements and multiple client projects simultaneously.
  • Strong executive presence with exceptional communication, presentation, and relationship management skills.
  • Advanced proficiency in Microsoft Excel and PowerPoint.
  • Analytical mindset with a proactive, solution-oriented approach.

Preferred Qualifications

  • Experience supporting global organizations with complex compensation programs.
  • Demonstrated success in business development and client growth.
  • Familiarity with compensation management technology, market survey tools, and AI-enabled compensation solutions.
  • Experience developing thought leadership or innovative compensation strategies.

What We Offer

  • Competitive compensation and performance-based incentives.
  • Hybrid work environment with flexibility for in-office collaboration.
  • Professional development and career advancement opportunities.
  • Collaborative, high-performing culture focused on innovation and client success.
  • Opportunity to work on high-impact compensation strategies with leading organizations.