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Senior Compensation Analyst

Art Institute of Chicago
United Statespart_timeVerifiedPosted 9 May 2024

About the role

The Art Institute of Chicago shares its singular collections with our city and the world. We collect, care for, and interpret works of art across time, cultures, geographies, and identities, centering the vision of artists and makers. We recognize that all art is made in a particular context, demanding continual, dynamic reconsideration in the present. We are a place of gathering; we foster the exchange of ideas and inspire an expansive, inclusive understanding of human creativity. 

This is a temp to hire position and has the flexibility to work a hybrid or remote schedule

The Compensation Analyst researches, analyzes, and administers compensation programs. 

 ESSENTIAL FUNCTIONS:

  • Assesses job descriptions to determine the appropriate FLSA classification as exempt or nonexempt.
  • Benchmarks jobs against internal roles, survey data and other market intelligence to determine competitive compensation ranges for each position (using geographical and national data).
  • Prepares and presents summary reports of job analysis and compensation analysis information.
  • Work directly with HR and leaders in compensation administration of current compensation (i.e. offers, transfers, promotions, etc.)
  • Gather data from market-based compensation surveys.
  • Prepare internal data for participation in market surveys, including matching survey positions to internal positions.
  • Conducts data and cost analyses.
  • Prepare and present data using spreadsheets and data analysis techniques.
  • Evaluates and implements job/salary analysis instruments and materials.
  • Conducts ongoing research into emerging trends, issues and best practices and makes proposals to optimize pay systems to invest in the segments of workforce that contribute the most value.
  • Communicate effectively both verbally and in writing with people at all levels of the organization. 
  • Carries out analytical assignments involving the development, implementation and administration of compensation programs.

 REQUIREMENTS:

  • Technical expertise of compensation and related components (e.g. legal and regulatory requirements).
  • Extensive knowledge of quantitative and qualitative research and analytical methods.
  • Excellent written and verbal communication skills.
  • Excellent organizational and time management skills.
  • Proficient with Microsoft Office Suite, Google Suite, or similar software.
  • Capable of working under tight deadlines in a fast-paced, dynamic environment.
  • Ability to independently research problem areas, facilitate meetings and decision-making processes.
  • Ability to take initiative without established guidelines and procedures using independent judgment. 
  • High degree of attention to detail.
  • Demonstrated experience with collecting, analyzing, reporting and presenting data.
  • Experience applying analytical methods to business problems, driving improved decision making and outcomes.
  • Bachelor's degree in Human Resources or data analytics or related field preferred.
  • SHRM-CP or SHRM-SCP preferred.
  • Five years of experience as a compensation analyst is preferred.
OUR VALUES
The Art Institute of Chicago is an equal opportunity, equal access employer fully committed to achieving a diverse and inclusive workplace. We believe in a staff culture that benefits from a wide range of experience, backgrounds, and career paths, and we encourage nontraditional candidates to apply. All staff members are expected to embrace the museum’s commitment to creating an inclusive and equitable institution and to adhere to the museum’s shared values.

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Company

Art Institute of Chicago

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