Jobs · Human Resources · Illinois

Senior Compensation Manager

Old Mission · Chicago, IL · 4 wk ago
Human Resources$150k–$250k/yrFull-time

About the 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.

Responsibilities

  • 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
  • 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
  • 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

Requirements

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

Able 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

Qualifications

Designing, benchmarking, and managing competitive, legally compliant compensation structures

Skills

Strategic mindset

Strong negotiation skills

Strong analytical and problem-solving skills

Strong communication skills

Benefits

Fully paid Medical, Dental, Vision, Disability, and Life Insurance

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.

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