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Senior Compensation Analyst

Job in Deerfield, Lake County, Illinois, 60063, USA
Listing for: Addison Group
Full Time position
Listed on 2026-01-12
Job specializations:
  • HR/Recruitment
    Talent Manager, Regulatory Compliance Specialist
  • Business
    Regulatory Compliance Specialist
Salary/Wage Range or Industry Benchmark: 95000 - 115000 USD Yearly USD 95000.00 115000.00 YEAR
Job Description & How to Apply Below
Base pay range

$95,000.00/yr - $/yr

Job Details

Job Title: Senior Compensation Analyst

Location: Deerfield, IL (Hybrid - 3x a week onsite)

Industry: Manufacturing

Pay: $95-115k

About Our Client

Addison Group is seeking a Senior Compensation Analyst to support a growing HR team. This role is ideal for a professional with experience in compensation program design, data analysis, and project management, with exposure to global and executive compensation programs considered a plus. The successful candidate will collaborate closely with HR partners and business leaders to ensure competitive, effective, and well-communicated compensation programs.

Job Description

The Senior Compensation Analyst will work on a variety of projects including salary structures, incentive planning, long-term incentive programs, and job evaluation initiatives. This role combines analytical rigor with strategic partnership, supporting both local and global HR teams and business stakeholders.

Key Responsibilities
  • Design, analysis, budgeting, and implementation of compensation programs and policies
  • Partner with HR and business leaders on compensation-related matters, offering guidance and creative solutions
  • Conduct job evaluations using market data and internal evaluation frameworks
  • Participate in global or market-specific compensation surveys, including survey design, data collection, analysis, and reporting
  • Analyze the competitiveness and effectiveness of existing programs and model alternative scenarios
  • Document processes and develop compensation playbooks for reference and training
  • Contribute to annual planning cycles, including salary budgets, merit reviews, incentive payouts, and long-term incentive planning
  • Ensure HRIS systems (Workday, Market Pay, or other platforms) reflect updated compensation data and program changes
  • Support policy development and operationalize compensation programs across the organization
  • Maintain alignment with global compensation philosophy, ensuring consistency and compliance
  • Lead or support large-scale compensation projects such as bonus payouts, merit planning, or job architecture initiatives
Qualifications
  • Minimum 5–6 years of progressive experience in compensation, HR, or consulting
  • 2+ years managing large compensation projects, including data analysis and implementation
  • Familiarity with Market Pay (Payscale), Mercer, Willis Towers Watson, Korn Ferry surveys preferred
  • CCP (Certified Compensation Professional) designation completed or in-progress is a plus
  • Global compensation experience is desirable but not required
  • Experience partnering with HR stakeholders including HRBPs, Directors, and Managers
  • Strong analytical, problem-solving, and project management skills
  • Enthusiastic about staying current with trends in compensation and HR technology
Featured Benefits
  • Medical Insurance
  • Vision Insurance
  • 401(k)
Seniority level

Senior

Employment type

Full-time

Job function
  • Human Resources
Industries
  • Manufacturing
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Position Requirements
10+ Years work experience
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