Compensation Specialist - Chicago or Decatur, IL

Archer Daniels Midland Company; Newman; On-site; AUD 93,000 - 128,000; Full time

Benefits offered by this job

Physical wellness

Financial wellness

Mental and social wellness

Paid time off

Job summary

Archer Daniels Midland Company seeks a Compensation Specialist to join our Chicago/Decatur team. You will support analysis, benchmarking, and administration of compensation programs and salary structures, partnering with HR, Talent Acquisition, and business leaders to ensure data accuracy and competitive pay.

Responsibilities include salary surveys, job evaluations, market analyses, and participation in annual compensation planning.

Qualifications

• Bachelor's degree or equivalent work experience in HR/finance.
• Professional experience in compensation or rewards.
• Experience with job evaluation methodologies and market pricing.
• Familiarity with HR systems and data auditing.

Responsibilities

• Participates in salary surveys and analyzes market data for benchmarking.
• Supports job evaluations and develops job descriptions with relevant teams.
• Performs market analyses to maintain salary structures and assess financial impact.
• Supports annual compensation planning including salary reviews and incentives.
• Collaborates with HR Partners, Talent Acquisition, and leaders on competitive compensation packages.
• Maintains HRIS data integrity and supports automation initiatives.
• Contributes to compliance with employment laws across regions.
• Researches compensation trends and best practices for continuous improvement.
• Acts as first point of contact for routine compensation inquiries and guidance.

Skills

Data analysis

Attention to detail

Collaboration & communication

MS Excel proficiency

Education

Bachelor's degree in HR/Business/Finance

Tools

HRIS platforms

Excel

Job description

Compensation Specialist - Chicago or Decatur, IL.

As a Compensation Specialist, you are responsible for supporting the analysis, benchmarking, and administration of compensation programs and salary structures. You will collaborate with various teams to ensure the accuracy of data, assist in compensation planning processes, and contribute to compliance efforts while maintaining data integrity and supporting compensation-related projects.

Responsibilities:

• Participates in salary surveys and analyzes market data for benchmarking.


• Supports job evaluations and assists in developing job descriptions, coordinating with relevant teams to ensure accuracy.


• Performs straightforward market analyses to maintain and update salary structures and evaluates the financial impact of these updates.


• Supports the coordination of annual compensation planning, including salary reviews, bonuses, and incentives, ensuring data accuracy and process consistency.


• Collaborates with HR Partners, Talent Acquisition, and business leaders to support the development and execution of competitive, equitable, and compliant compensation packages for new hires and internal transfers.


• Assists in maintaining HR systems and data integrity, supporting automation and enhancement initiatives across HRIS platforms.


• Contributes to compliance efforts, ensuring adherence to applicable employment laws and regulations across regions.


• Assists in researching industry trends, regulations, and best practices related to compensation and total rewards, contributing to continuous improvement efforts.


• Acts as a first point of contact for routine compensation inquiries from HR and business stakeholders, providing guidance within established policies and escalating complex issues as needed.


• Conducts job evaluations, recommends appropriate job grades, and supports job description development using established methodologies and frameworks.


• Supports the implementation and governance of compensation and reward processes and tools across business areas and, where relevant, geographies.


• Performs regular audits and data quality checks on compensation-related information to ensure accuracy, consistency, and compliance.

Qualifications:

• Bachelor's degree in Human Resources, Business Administration, Finance, or a related field, or equivalent work experience.


• Professional-level experience working in compensation, rewards, or a closely related HR discipline.


• Proficiency in data analysis techniques to interpret and benchmark market data, salary surveys, and compensation structures.


• Demonstrated experience with job evaluation methodologies and market pricing to ensure competitive and equitable pay practices.


• Familiarity with HR systems and platforms, as well as data auditing to maintain accuracy and data integrity.


• Strong attention to detail and analytical skills for conducting regular audits, job grading, and salary review processes.


• Effective collaboration and communication skills to partner with HR, talent acquisition, and business leaders on compensation matters.


• Demonstrated capability to provide guidance to stakeholders on routine compensation inquiries and procedural topics.


• Advanced proficiency in MS Office programs: Particularly Excel, with the ability to manipulate and present data accurately and efficiently.

ADM requires the successful completion of a background check.

Base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Hourly and salaried non-exempt employees will also be paid overtime pay when working qualifying overtime hours.

If hired, employees will be in an "at-will position" and the Company reserves the right to modify base pay (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

The pay range for this position is expected to be between:

Benefits and Perks

• Physical wellness – medical/Rx, dental, vision and on-site wellness center access or gym reimbursement (as applicable).


• Financial wellness – flexible spending accounts, health savings account, 401(k) with matching contributions and cash balance plan, discounted employee stock purchasing program, life insurance, disability, workers' compensation, legal assistance, identity theft protection.


• Mental and social wellness – Employee Assistance Program (EAP), Employee Resource Groups (ERGs) and Colleague Giving Programs (ADM Cares).

Additional benefits include:

• Paid time off including paid holidays.


• Adoption assistance and paid maternity and parental leave.


• Tuition assistance.


• Company-sponsored training and development resources, such as LinkedIn Learning, language training and mentoring programs.

Benefits may vary for bargained locations, confirm benefit eligibility with your recruiter.

#IncludingYou

Diversity, equity, inclusion and belonging are cornerstones of ADM's efforts to continue innovating, driving growth, and delivering outstanding performance. We are committed to attracting and retaining a diverse workforce and create welcoming, truly inclusive work environments - environments that enable every ADM colleague to feel comfortable on the job, make meaningful contributions to our success, and grow their career. We respect and value the unique backgrounds and experiences that each person can bring to ADM because we know that diversity of perspectives makes us better, together.

We welcome everyone to apply. We are committed to ensuring all qualified applicants receive consideration for employment regardless of race, color, ethnicity, disability, religion, national origin, language, gender, gender identity, gender expression, marital status, sexual orientation, age, protected veteran status, or any other characteristic protected by law.

About ADM

At ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We're a global leader in human and animal nutrition and the world's premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Learn more at www.adm.com.