Joseph T. Ryerson & Son, Inc., a leader in the metals industry and one of the largest metals processors and distributors in the U.S., is currently seeking a Compensation Analyst to join our team at the corporate office in Chicago, IL. The Compensation Analyst will be responsible for the administration and maintenance of our compensation programs in accordance with established policies and procedures. In this role, the successful candidate will support all compensation initiatives including routine data analyses, annual pay planning and annual short-term and long-term incentive planning. The Compensation Analyst will also participate in third party salary surveys and complete job evaluations and market pricing of positions using survey data and internal salary statistics in consultation with the HR Business Partners. This position will assist in designing and implementing new programs that attract and retain top talent.
Essential Duties and Responsibilities:
• Responsible for day-to-day administration of compensation plans and policy documentation. • Completes third party market and salary survey submissions; manages internal survey library. • Analyzes internal and external salary and wage data, completes job evaluations, and recommends grade levels and job titles in accordance with established company structure and guidelines. Consults with and communicates results to HR Business Partners. • Completes total compensation and base pay increase proposal reviews to ensure alignment with company policies, guidelines, internal and external competitiveness, and to ensure compliance with applicable legal and fiscal regulations. Consults with and communicates results to HR Business Partners. • Participates in the annual pay planning processes including communications and coordinating with the HR Business Partners. • Assesses market budget and range movement data and develops annual range structure movement recommendations to ensure desired competitive market position is maintained. • Calculates annual variable pay awards in accordance with established plans (cash incentives, stock plans, etc.). • Prepares and maintains company-wide job description records; develops and maintains job description reference library. • Provides input into the design of new programs; develops associated policy and procedures documentation and other supporting communications. • May participate in compilation of due diligence data in support of merger and acquisition initiatives. • Completes other projects and duties as assigned.
• Bachelor’s degree required (Human Resources or Business Management preferred). • Requires 2+ years prior compensation analytics and support experience. • Attainment of work toward a professional compensation certification (CCP) preferred. • Prior compensation experience in a manufacturing environment a plus. • Working knowledge of Department of Labor Fair Labor Standards Act (FLSA) and other Human Resources regulations a plus. • Excellent Microsoft Office and internet skills required; experience with HRIS technology platforms (ADP preferred), Access and database maintenance a plus. • Requires strong mathematical, analytical, critical thinking and problem solving skills; must be highly detail oriented. • Strong written and verbal skills are essential; must possess ability to communicate information clearly and concisely. • Must have excellent customer service and interpersonal skills; requires approachable, responsive, results oriented and proactive personal traits. • Must be capable of multi-tasking and working independently as well as in a team environment. • Requires strong organizational, project and time management skills. • Ability to maintain the highest degree of confidentiality in all matters related to employee compensation and benefits. • Must possess professional maturity and curiosity.
Joseph T. Ryerson & Son, Inc. is an EOE/AA employer. All applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status or status as an individual with a disability.