Total Rewards Analyst

Cohen & Co; Chicago (IL); Vor Ort; USD 90.000 - 110.000; Vollzeit

Zusammenfassung

Cohen & Co in Chicago, IL seeks a Total Rewards Analyst to design, administer, and optimize compensation, benefits, recognition, and wellness programs. You will partner with People & Culture to ensure programs are market-competitive, equitable, compliant, and aligned with business goals.

The ideal candidate is analytical, detail-oriented, and proficient with HR systems, employee data, and cross-functional collaboration.

Qualifikationen

• Bachelor's degree in HR, business, or related field preferred.
• 3-5 years in compensation, benefits, HR operations, or total rewards.
• Experience with Workday Advanced Compensation is a plus.

Aufgaben

• Support compensation programs, policies, and processes.
• Conduct market pricing and benchmarking using salary surveys.
• Assist with job evaluations, leveling, and compensation analyses.
• Prepare compensation reports, salary recommendations, and analytics.
• Support annual compensation planning: merit, bonus, promotions.

Kenntnisse

Analytical thinking

Advanced Excel

HR systems

Data analysis

Communication skills

Ausbildung

Bachelor's degree in HR or related field

Tools

Workday

Jobbeschreibung

Position Summary

The Total Rewards Analyst supports the design, administration, analysis, and continuous improvement of the organization's compensation, benefits, recognition, and wellness programs. This role serves as a key member of the People & Culture team, helping ensure programs are competitive, equitable, compliant, and aligned with the organization's talent and business strategies.

What You'll Do

The Total Rewards Analyst supports the design, administration, analysis, and continuous improvement of the organization's compensation, benefits, recognition, and wellness programs. This role serves as a key member of the People & Culture team, helping ensure programs are competitive, equitable, compliant, and aligned with the organization's talent and business strategies.

The ideal candidate is analytical, detail-oriented, customer-focused, and comfortable working with HR systems, employee data, and cross-functional stakeholders. The Total Rewards Analyst provides operational support while also contributing to strategic initiatives related to compensation, benefits, wellness, recognition, and employee experience.

Essential Responsibilities

Compensation Administration

• Support the administration of compensation programs, policies, and processes.
• Conduct market pricing and benchmarking using salary surveys and compensation data.
• Assist with job evaluations, leveling, and compensation analyses.
• Prepare compensation reports, salary recommendations, and workforce analytics.
• Support annual compensation planning activities, including merit, bonus, and promotion cycles.
• Maintain salary structures, compensation guidelines, and job documentation.
• Partner with leaders and People Business Partners on compensation-related inquiries.

Benefits Administration

• Support day-to-day administration of employee benefit programs, including health, welfare, retirement, leave, and wellness offerings.
• Serve as a point of contact for employee benefits questions and escalations.
• Coordinate annual open enrollment activities and employee communications.
• Manage vendor relationships and assist with benefits reconciliation and reporting.
• Monitor benefits program effectiveness and utilization trends.
• Assist with benefits renewals, benchmarking, and plan design projects.

Reporting & Analytics

• Generate regular and ad hoc compensation, benefits, and workforce reports.
• Analyze trends related to employee participation, costs, market competitiveness, and program effectiveness.
• Support dashboard development and workforce planning initiatives.
• Maintain data integrity within HRIS and related systems.
• Create presentations and materials for leadership reviews and decision-making.

Compliance & Governance

• Support compliance with federal, state, and local regulations related to compensation and benefits.
• Assist with audits and reporting requirements.
• Help maintain compensation and benefits policies, procedures, and documentation.
• Partner with payroll, finance, and legal teams to ensure program compliance and accuracy.

Projects & Continuous Improvement

• Help design, implement, and scale Total Rewards processes, programs, and policies while identifying opportunities to improve employee experience and administrative efficiency.
• Support the development and administration of Total Rewards programs for a growing international workforce across the United States, Cohen India, Ireland, and future global locations.
• Support implementation, optimization, and continuous improvement of HR technology, including Workday and other related systems.
• Assist with employee recognition, wellness, and engagement programs that support attraction, retention, and organizational growth.

Who You Are

Qualifications

Education & Experience

• Bachelor's degree in Human Resources, Business Administration, Finance, Accounting, or related field preferred.
• 3-5 years of experience in compensation, benefits, HR operations, total rewards, or related HR functions.
• Experience administering compensation and benefits programs within Workday preferred, including Workday Advanced Compensation functionality.
• Experience utilizing compensation surveys and market data preferred.

Knowledge, Skills & Abilities

• Understanding of compensation and benefits principles and practices.
• Strong analytical and quantitative skills.
• Advanced Excel skills, including pivot tables, lookups, and data analysis.
• Experience creating reports, dashboards, and presentations.
• Strong attention to detail and commitment to data accuracy.
• Excellent organizational and project management skills.
• Effective verbal and written communication skills.
• Ability to handle confidential and sensitive information with discretion.
• Strong customer service mindset and relationship-building skills.
• Ability to manage multiple priorities in a fast-paced environment.

Preferred Qualifications

• Certified Compensation Professional (CCP), Certified Employee Benefits Specialist (CEBS), or related certification in progress.
• Experience supporting annual compensation review processes.
• Experience with benefits renewals and vendor management.
• Knowledge of FLSA, pay equity, and compensation compliance requirements.
• Experience with reporting and analytics tools such as Power BI.

Success Measures

• Deliver accurate and timely compensation and benefits administration.
• Successfully support annual compensation and open enrollment processes.
• Produce meaningful analytics that support business and talent decisions.
• Maintain strong data integrity within HR systems.
• Build trusted relationships with employees, managers, and business stakeholders.
• Contribute to the continuous improvement of Total Rewards programs and processes.

Who We Are

Sure, we like numbers. (But we’ll never treat you like one.)

Our Foundational Principles Offer Insight Into How We Achieve An Inclusive, Growth-oriented Culture That Fuels The Success Of Our Firm, Our Clients And Our People. In Particular, We Honor Our Foundational Principle Of “great People First” By

• Championing the importance of diversity, equity and inclusion by embracing the unique stories, backgrounds, perspectives and ideas that come from our people; and
• Offering a comprehensive and competitive Total Rewardspackage, which allows each employee to use the benefits that best suits their needs. Our offerings go beyond standard options, including time off outside of your standard PTO to give back to the community, annual discretionary merit increases and bonuses, talent development resources to tap into growth opportunities, and so much more!

Learn More About Us!

• Discover our Passion, Purpose & Expertise
• Learn more about our Firm's culture

Estimated Base Range: $90,000 - $110,000

• Base compensation offered to candidates are determined based on factors such as candidate's relevant skillset, experience, licensure, and certifications, as well as job responsibilities, geography, market considerations, and organizational needs. At Cohen & Co, we don't stop at setting ourselves apart by offering competitive base compensation. As part of our 'great people first' foundational principle, our firm offers a comprehensive and competitive Total Rewards package that allows each employee to design a package that best suits their needs and goes beyond standard options, including time off outside of your standard PTO to recharge and give back to the community, annual discretionary merit increases and bonuses, talent development resources to tap into growth opportunities.

We are an equal opportunity employer and value diversity of thought and background to build an inclusive and energized culture and better meet the needs of our clients.

Agency recruiters may not submit unsolicited candidate information or resumes to any Cohen & Co employee without a recruiting services contract first being entered into with the Cohen & Co Talent Acquisition Team; see policy here.