Job Summary: The Lead Compensation Analyst is a senior staff member within the Compensation team. Working under limited supervision the Lead is charged with building and maintaining effective partnerships with University leaders, managers, and other staff (including within HR) to design, develop and administer staff compensation programs that support the University's research and education missions and ensure the enhancement of the organization's ability to recruit, engage and retain staff.
The Lead provides the gamut of compensation related services for assigned client groups including all aspects of pay administration, compliance with applicable Federal, State and local regulations that impact pay and ensuring that those risks associated with establishing and changing pay rates are mitigated, educating client partners through the development and conduct of training, administering pay administration policies and procedures. The Lead applies relevant experience and uses considerable judgment and discretion in working through and resolving issues with client partners.
The Lead continually scans the environment for key information to anticipate, address and ensure that client's needs are met (within the confines of applicable policy and procedure) and resolves issues. May lead the work of subordinate team members. The position is based on the Chicago campus but requires weekly travel to the Evanston campus. Inter-campus shuttle is available.
Specific Responsibilities: Salary Administration and Compliance
Assists in the design and delivery of all aspects of pay administration including but not limited to: the application of policy and guidance on procedure, guides and facilitates the annual salary increase process, interprets and applies policies, helps with establishing salary determination for new hires and pay adjustments for current staff, promotions, reclassifications, equity issues, salary adjustments, reorganizations, etc.; contributes to the development, regular review and modification of pay related policies and procedures; interprets pay policies ensuring that application is consistent and justifiable; may participate in and completion and analysis of third party compensation surveys and answers compensation questions, troubleshoots and resolves issues for clients.
Market Pricing/Job Analysis and Evaluation
Analyzes, forecasts and reports labor market trends and developments in pay, unemployment, CPI and turnover;
Assists in the preparation of merit budget recommendations, salary structure changes and other related actions;
Conducts standard and non-standard job analyses, job audits, evaluations and related activities.
Responsible for the coordination and completion of specifically assigned projects of all sizes (i.e. unit specific or organization wide) and complexity;
Oversees all aspects of projects including action plans and establishing timelines and implementation;
Monitors and summarizes progress of project; prepares reports and makes presentations regarding status and outcomes of projects.
Consultation, Education and Training
Coaches and counsels client partners on unit specific organizational plans and related compensation concepts;
Advises on the appropriate application of Northwestern pay administration policies and procedures; Recommends new and innovative compensation solutions and programs designed to meet the needs of specific client groups;
Assists in the design, development and delivery of workshops and other training sessions to increase the competency level of managers and staff related to compensation concepts, policy and procedure.
Contributes to the development and realization of team goals and strategic objectives and may work with client partners for the same;
Recommends new and innovative compensation programs;
Keeps abreast of the compensation industry and changes that that might affect Northwestern Compensation initiatives, identifies and makes recommendations for action;
Performs other duties as required or assigned.
A bachelor's degree in Human Resources or related field or the equivalent combination of education, training and experience from which comparable skills can be acquired;
Minimum of eight years of professional experience in a similar role or in professional compensation related roles with increasing levels of responsibility.
Certification as a Compensation Professional (i.e. CCP Designation)
Northwestern University is an Equal Opportunity, Affirmative Action Employer of all protected classes, including veterans and individuals with disabilities. Women, racial and ethnic minorities, individuals with disabilities, and veterans are encouraged to apply. Hiring is contingent upon eligibility to work in the United States.
Internal Number: 34747
About Northwestern University
Northwestern University is a major private research university with 12 academic divisions located on three campuses in Evanston, Chicago, and Education City in Doha, Qatar. We have approximately 2,500 full-time faculty members, 17,000 graduate and undergraduate students, and over 5,700 full and part-time staff. Northwestern University combines innovative teaching and pioneering research in a highly collaborative environment. It provides students and faculty exceptional opportunities for intellectual, personal and professional growth.