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Benefits and Compensation Specialist
Job in
Buffalo Grove, Lake County, Illinois, 60089, USA
Listed on 2026-02-22
Listing for:
PPC Flex
Full Time
position Listed on 2026-02-22
Job specializations:
-
HR/Recruitment
Regulatory Compliance Specialist, Talent Manager
Job Description & How to Apply Below
The Benefits and Compensation Specialist supports the administration, analysis, and continuous improvement of the organization’s pay structure, incentive programs, and benefits offerings. This role blends analytical work with hands on program execution, supporting data driven compensation and benefits decisions while ensuring programs are administered accurately, consistently, and in compliance with regulations. The role partners closely with HR, Payroll, Finance, and external vendors to deliver a competitive and effective total rewards strategy.
YourKey Responsibilities Will Include:
Compensation and Pay Structure
- Support administration of the company’s pay structure including salary ranges, job levels, and internal equity guidelines
- Conduct market pricing, benchmarking, and survey participation
- Prepare compensation analyses such as compa ratios, range penetration, and pay equity reviews
- Support annual compensation planning including merit increases, promotions, and incentive calculations
- Maintain accurate compensation data and documentation in HR systems
- Support benefits administration including enrollments, life events, audits, and billing reconciliation
- Assist with open enrollment preparation, system testing, and reporting
- Analyze benefits participation, utilization, and cost trends
- Partner with vendors to resolve data and eligibility issues
- Develop and maintain total rewards reports and dashboards
- Analyze trends related to pay, benefits, and workforce data to support leadership decisions
- Respond to ad hoc reporting and data requests
- Support compliance with compensation and benefits regulations including FLSA, ACA, COBRA, and ERISA
- Assist with audits, filings, and regulatory reporting
- Maintain accurate records and governance documentation
- Partner with HR, Payroll, Finance, and leadership on total rewards initiatives
- Identify opportunities to improve data quality, processes, and employee experience
- Stay current on total rewards trends, market practices, and regulatory changes
- Bachelor’s degree in Human Resources, Finance, Business, or a related field preferred
- Five or more years of experience in compensation, benefits, or total rewards
- Strong analytical skills with advanced Excel capabilities
- Experience administering compensation or benefits programs
- Experience working with HRIS and benefits administration platforms
- Analytical and detail oriented with strong problem-solving skills
- Ability to translate data into practical recommendations
- Strong communication and customer service skills
- Ability to manage multiple priorities and deadlines
- Collaborative and continuous improvement mindset
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