Compensation and Benefits Supervisor jobs in Springfield, IL

The Compensation Consultant will assist with the design and policies of both Executive and broad-based compensation programs to include job evaluation, salary structures, merit matrices, salary range development, market pricing studies, and executive market analysis. This role will research, analyze, and provide recommendations on company compensation policies, practices, and guidelines to adhere with governmental regulations/requirements and to establish competitive pay practices

You'll love this position if you're:

• An analyst - you’ll assist with conducting surveys and analyzing results for compensation planning 
• A collaborator - you'll partner with decision makers from various business units and other HR Centers of Excellence to advise in the administration of compensation programs.
• A subject matter expert - you'll provide critical knowledge to stakeholders on key compensation concepts and processes

Other Responsibilities Include:

• Maintain awareness of the latest trends, regulations, and competitive intelligence regarding compensation matters
• Provide consultative technical expertise, advice, and guidance regarding compensation matters (job design, job documentation, etc.) to business leaders by developing strong partnerships
• In partnership with Chief HR Officer and Director, Total Rewards, assist in preparing Board-related/SEC compensation-related deliverables (Compensation Discussion & Analysis including proxy tables, Compensation Committee materials, etc.)
• In partnership with Chief HR Officer and Director, Total Rewards, drive the year-end performance evaluation and compensation planning process
• Administer annual budget/plan, merit, and bonus processes — in conjunction with Finance & Planning and Payroll
• Recommend compensation adjustments according to market assessments, utilizing knowledge and reputable data sources
• Manage salary survey vendors and develop internal market pricing tools to ensure proper positioning of jobs to competitive market data
• Educate executives/employees on compensation programs

Based on candidate experience and qualifications may consider a management role.

Requirements

• Ability to operate at both the strategic and operational levels
• Advanced analytical problem-solving skills and ability to draw conclusions from data in a logical systematic way
• Strong business and financial acumen, understanding tax and budget implications of compensation
• Advanced Excel skills plus working knowledge of Workday
• Bachelor's degree in Human Resources, Business, Finance, Economics or other quantitative discipline or equivalent experience
• 10 years progressive experience in Compensation role preferred

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