Compensation Senior Associate: Market Insights & Pay Strategy

Grant Thornton (US); Chicago (IL); Hybrid; USD 88,000 - 115,000; Full time

Benefits offered by this job

Benefits overview

Job summary

Grant Thornton (US) is seeking a Compensation Senior Associate to design, administer, and evaluate compensation programs through data-driven analysis and market insights. You will partner with HR Business Partners, Talent Acquisition, and leaders to provide recommendations and ensure pay practices are competitive and equitable.

The role involves market benchmarking, annual compensation planning, and managing base pay, incentive plans, and job evaluations.

Qualifications

• Bachelor's degree in Human Resources, Finance, Business, Economics, Statistics, or a related field.
• 3–5 years of experience in compensation, total rewards, workforce analytics, finance, or a related analytical function.
• Strong analytical, problem-solving, and data visualization skills.
• Advanced proficiency in Excel and experience with HRIS, compensation, and reporting tools.
• Knowledge of compensation principles, market pricing, salary administration, and pay equity concepts.
• Demonstrated ability to manage multiple priorities independently while collaborating effectively across a matrixed organization.
• Strong communication skills with the ability to translate complex data into actionable business recommendations.

Responsibilities

• Conduct compensation analyses to evaluate market competitiveness and internal equity.
• Perform market pricing and benchmark positions using survey data.
• Lead survey submission processes and analyze results.
• Develop reports and dashboards to support compensation decisions.
• Support pay equity analyses and identify improvement opportunities.
• Administer base pay, incentive plans, salary structures, and job evaluations.
• Support annual merit, bonus, and incentive planning with budgeting.
• Provide compensation guidance to HR and business leaders.
• Ensure compliance with policies and regulations.
• Participate in compensation projects like job architecture and market studies.

Skills

Data analysis

Excel

HRIS

Compensation principles

Communication

Prioritization

Education

Bachelor's degree in a related field

Job description

Grant Thornton (US) is seeking a Compensation Senior Associate to design, administer, and evaluate compensation programs through data-driven analysis and market insights. You will partner with HR Business Partners, Talent Acquisition, and leaders to provide recommendations and ensure pay practices are competitive and equitable.

The role involves market benchmarking, annual compensation planning, and managing base pay, incentive plans, and job evaluations.