Sr. Compensation Analyst - Chicago, IL or Le Mars, IA

Wells Enterprises, Inc.; Chicago (IL); On-site; USD 71,000 - 113,000; Full time

Benefits offered by this job

Comprehensive benefits

Paid time off

Annual incentive bonus

Job summary

Wells Enterprises, Inc. in Chicago, IL is seeking a Compensation Analyst to administer, analyze, and optimize compensation programs, ensure regulatory compliance, and support cost control and reporting.

You will implement local rewards strategies, provide data-driven advice to HR and leadership, monitor market trends, assist with expat topics where needed, and help digitize compensation processes. Base pay range is $71,145 to $112,864 annually.

Qualifications

• Bachelor’s degree required.
• 5 years in compensation administration.
• Strong Excel and PowerPoint skills.
• Knowledge of regulatory compliance requirements.
• Ability to analyze data and present to leadership.

Responsibilities

• Administer local compensation plans and rewards programs.
• Monitor market trends and evaluate external competitiveness.
• Provide data-driven advice to HR and leadership; support reporting.
• Assist with expat-related topics and local policy deployment.

Skills

Compensation administration

Data analysis

Excel

Communication

PowerPoint

Education

Bachelor's degree in HR or related field

Tools

Excel

PowerPoint

Job description

Chicago, IL, United States and 1 more

Job Description

Functional Area: Human Resources

The Role

In alignment with Group Strategies, Policies, and Guidelines, the Compensation Analyst is responsible for administration, analysis, and optimization of Compensation Programs alongside cost control, reporting and ensuring regulatory compliance.Providing support to the P&O team that will attract and retain talent that will drive Ferrero’s global objectives across Wells. You will support the local implementation of our global Rewards strategy, ensuring compensation programs and tools are competitive and aligned to business priorities. You’ll provide clear and speedy business information, tools, communications support / advice to the local personnel in Rewards.

What You’ll Do

• Administration of the Compensation plan locally and the Group reward programs, which includes reporting and having as point of reference to Group Rewards.
• Responsible, along with the Director for the deployment of local compensation polices and ad hoc programs such as, but not limited to Sales Incentives, Short Term Incentives, Retention plans etc., in alignment with Group Principals.
• Monitor and analyze local market trends and evaluate external competitiveness to drive local rewards strategies.
• Assist with the local focal point for Reward related topics (including systems) providing consultancy and expertise to Group/Local stakeholders and share best practices.
• Contributes to the Reward digitization process.
• Ensure Compliance to all relevant laws and practices including adherence to federal.
• Audits: evaluate jobs internally to ensure wage and salary rate recommendations are following federal, state and local regulations. (FLSA, DOL etc.).
• Provides detailed analysis on internal and external equity and provides reports as requested by P&O leadership, P&O BP’s or line managers.
• Provides data to support KPI’s and the P&O Dashboard, along with assisting with data as requested for negotiations.
• Supports the implementation of the Group’s expat policy, being the local point of reference for expat-related technical topics.
• Handles compensation related topics with external stakeholders and payroll team.
• Provides tactical support for expat procedures.
• Assists Group projects in his/her area of responsibility as well as local projects to ensure proper and consistent implementation.
• Contribute to process improvements and digitalization of compensation programs.
• Involved in cost management, including invoicing and purchase order processes. (Ariba).
• Provide reports to audit salary review adherence and other compensation program adherence.

Qualifications

What You’ll Bring

• Bachelor’s degree in human resources, human services field, business administration.
• 5 years in Compensation administration.
• Knowledge -Experience with educating others on complex concepts. Fluency with digital workplace platforms; comfort with data, KPIs, and dashboards.
• Skills -Proficient with Microsoft Office suite: High level utility of Microsoft Excel and PowerPoint required.
• Strong communication skills across functions.
• Abilities -Ability to effectively read, analyze and interpret information, summarize and present data to leadership Strength in understanding and implementation of regulatory compliance actions.

Reports to Manager of Compensation.

The base pay range for this position is $71,145 to $112,864 annually. Actual compensation will be determined based on location, experience, skills, qualifications, and other job-related factors permitted by law. This pay range represents the anticipated salary for this position at this time.

Wells Enterprises is an EEO/AA employer M/F/Vet/Dis

Job Schedule Full time

Locations 24 E Washington St, Chicago, IL, 60602, US 1 Blue Bunny Dr SW, Le Mars, IA, 51031, US

About Us

Wells Enterprises, a Ferrero company, is one of thelargest ice cream manufacturers in the United Statesand the maker of well-loved brands includingBlue Bunny,Halo Top,Bomb Pop, andBlue RibbonClassicsand todayTrolli, Butterfinger 100grand,Baby Ruth,NutellaandKinder Bueno.

Wells Enterprises is a2 billion companyemploying4,000 employees, across 4 production plants and 2 main hub locations,ChicagoandLe Mars. Guided by innovation, quality, and a people-first mindset, Wells is committed to delighting consumers and developing exceptional teams.

As part of the Ferrero Group, Wells combines its strong U.S. heritage with Ferrero’s global standards of excellence, offering a unique opportunity to grow within a dynamic, values-driven, and international environment.

At Wells, we’re proud to support our employees with comprehensive benefits that enhance health, financial wellness, and include paid time off (PTO). Eligible employees may also receive an annual incentive bonus based on Company performance. Learn more about our benefitshere .