Compensation Analyst

Crowell & moring - City Of Chicago
new offer (01/07/2024)

job description

Job Description
Crowell &
Moring LLP is an international law firm with offices in the United States, Europe, MENA, and Asia that represents clients in litigation and arbitration, regulatory and policy, intellectual property, and transactional and corporate matters. The firm is internationally recognized for its representation of Fortune 500 companies in high-stakes litigation and government-facing matters, as well as its ongoing commitment to pro bono service and diversity, equity, and inclusion.
Job Summary
The Compensation Analyst will play a meaningful role in shaping our compensation strategy to ensure we remain competitive and equitable in our staff areas. The Compensation Analyst will research job requirements and evaluate job positions to ensure the company is competitive in terms of salary and overall compensation. This role also entails assisting with the administration and maintenance of our staff compensation programs.
Job Responsibilities
Manage CompAnalyst system including uploading/maintaining survey data results for market data analysis.
Prepares compensation market analyses for external job offers and internal promotions and other job changes for review and approval by senior Human Resources management.
Assist in ongoing market reviews and make recommendations to maintain competitive salary ranges. Assesses job descriptions and pay grades against incumbent pay rates to determine areas of opportunity such as pay inequity, pay compression, or high pay range penetration.
Administer the compensation review cycle(s) including pre-planning, prepping the launch in the CompXL tool, and processing and auditing of payout files.
Generate compensation reports for data audit and analysis purposes.
Participate in compensation surveys and handles vendor relationships;
Utilize Job Architect to review and maintain job descriptions, ensuring they accurately reflect job content, salary grades, FLSA exemptions, and organizational structure.
Contribute to the development of compensation education and training materials.
Ensure the accuracy of compensation and job-related data in HRMS system.
Assists HR team with various research and/or special projects.

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Compensation Analyst

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