Senior Compensation Analyst: Market & Pay Equity

Grant Thornton (US); Chicago (IL); On-site; USD 88,000 - 132,000; Full time

Benefits offered by this job

Hybrid work model

Discretionary bonus

Job summary

Grant Thornton is seeking a Compensation Senior Associate to join the team and support the design, administration, and evaluation of compensation programs through data-driven analysis and market insights.

You will partner with HR Business Partners, Talent Acquisition, and business leaders to provide compensation recommendations and ensure pay practices are competitive and aligned with organizational objectives.

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, internal equity, pay trends, and compensation program effectiveness.
• Perform market pricing and benchmark positions using survey data and external labor market information.
• Lead/manage the survey submission process. Manage participation in third-party compensation surveys, including job matching, data submission, and results analysis.
• Develop reports, dashboards, and analytics to support compensation decisions and leadership reporting.
• Support pay equity analyses and identify opportunities to improve compensation outcomes.
• Administer compensation programs, including base pay, incentive plans, salary structures, and job evaluations.
• Support annual merit, bonus, and incentive planning processes, including budget modeling, communications and reporting.
• Partner with HR and business leaders to provide compensation guidance and recommendations.
• Ensure compensation practices comply with company policies and applicable regulations.
• Participate in compensation projects, including job architecture, market studies, process improvements, and system enhancements.

Skills

Analytical skills

Data visualization

Excel

HRIS experience

Compensation principles

Market pricing

Pay equity

Communication skills

Cross-functional collaboration

Education

Bachelor's degree

Tools

HRIS

Job description

Grant Thornton is seeking a Compensation Senior Associate to join the team and support the design, administration, and evaluation of compensation programs through data-driven analysis and market insights.

You will partner with HR Business Partners, Talent Acquisition, and business leaders to provide compensation recommendations and ensure pay practices are competitive and aligned with organizational objectives.