People & Culture Senior Analyst, Compensation
About the role
The People & Culture (P&C) Senior Analyst Compensation will take team lead on enterprise-wide programs within the Performance and Compensation Center of Excellence (COE). The Senior Analyst will drive process and/or program improvements through the use of best practice gathering, synthesizing feedback and data, and technical expertise, while also ensuring compliance with applicable regulatory and/or policy obligations. The Senior Analyst lends subject matter expertise on firm wide and/or business line initiatives. The role collaborates with People & Culture colleagues and business leaders across the firm to build solutions that support strategic priorities.
Responsibilities
- Leads firm-wide employee compensation programs, including but not limited to annual compensation cycle, benchmarking and market trend analyses, and recommendations on program design
- Executes complex analyses of internal and external compensation data
- Leads annual compensation cycle activities, including planning, data preparation, system configuration, manager guidance, approval reporting, and post-cycle analysis
- Administers salary survey participation, including survey selection, benchmarking, job matches, data validation, submission, and results analysis
- Interprets and applies pay transparency requirements and leads compliance discussions and related projects from the compensation team
- Evaluates job descriptions and applies job evaluation criteria to correctly classify roles under wage and hour laws and to support job architecture, job leveling, and compensation decisions
- Diagnoses opportunities for improvement, makes policy or program enhancement recommendations and implements approved process improvements
- Develops and implements communication strategy, project plans and standard operating procedures for assigned programs
- Stays abreast of organizational changes and best practices and incorporates knowledge into project planning
- Maintains compliance with applicable regulatory obligations and internal policies
- Evaluates HCM Cloud capability for supporting program goals and deliverables and collaborates with P&C System counterpart on implementing solutions
- Lends expertise to compensation projects and initiatives
- Develops compensation reports, dashboards, presentations, and executive-level summaries
- Mentors, coaches, and guides team members on projects and deliverables
Qualifications
Education
- Bachelor's degree required
- Master's degree in business, human resources/labor relations, or organizational development preferred
Experience
- Five (5) or more years of experience in base compensation program management required
- Experience evaluating market trends affecting pay practices and developing business solutions required
- Data analysis experience required
- Experience applying regulatory (e.g., FLSA, Pay Transparency) and/or compliance standards to daily work required
- Experience managing and implementing organization-wide projects or programs required
- Experience with incentive pay design preferred
Certifications
- Certified Compensation Professional (CCP) preferred
Software & Technical Skills
- Cloud experience, such as HCM Cloud or equivalent, required
- Proficient in Microsoft Office Suite, specifically Access, Excel, Outlook, PowerPoint, Project and Word, required
- Power BI experience preferred
Skills
- Takes initiative
- Effective communication skills
- Solid organizational skills with the ability to meet project deadlines with a strong focus on details
- Strong analytical and problem-solving skills
- Ability to multi-task while working independently or within a group environment
- Ability to work in a demanding, deadline-driven environment and handle multiple projects simultaneously
- Ability to influence and build relationships
- Must be able to maintain confidential information and matters with discretion
- Ability to communicate with all levels of leadership while providing a high level of customer service and confidentiality
- Able to appropriately use technology to improve processes and efficiency
Pay
Illinois Range: $90,000 - $110,000. Individual salaries are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.
Benefits
BDO is an ESOP company, offering participants a stake in the firm's success through beneficial ownership and a unique opportunity to enhance their financial well-being. As a qualified retirement plan, the ESOP is a meaningful addition to our comprehensive compensation and Total Rewards benefits offerings. Benefits may be subject to eligibility requirements.