Cannabis Company
Senior Compensation Analyst New Chicago, Illinois, United States
Cannabis Company, Chicago, Illinois, United States, 60290
You are a data-driven compensation professional and aficionado! You yearn for something different, new, and exciting. You enjoy, love, and get a kick out of data from using formulas, summarizing data, and using it to present a business case. As a Senior Compensation Analyst on the Total Rewards team, you will:
Work closely with some pretty awesome people in nearly every department to provide compensation consulting, provide analytical, technical, and administrative support as it relates to our compensation programs and reporting
Play a role in the implementation and administration of compensation programs such as base pay, short and long-term incentives, job evaluations, market reviews, annual compensation cycle processes, and ad-hoc projects that support the company’s compensation strategy
Offer guidance and analytical support for the implementation and execution of compensation processes, programs, and practices
Sounds amazing, doesn’t it!
Responsibilities
General Compensation: Evaluate new and existing jobs to determine appropriate salary grade, FLSA classification, and/or salary adjustments Conduct ongoing analysis to support market pricing and assist company leaders in making informed, competitive compensation decisions Prepare and present summary reports of job analysis and compensation analysis information Benchmark jobs against survey data and other market intelligence to determine competitive compensation ranges for each position Assist in providing compensation support for job offers to ensure internal and external equity Maintain documentation of FLSA determinations and classifying exemption status for jobs through review of job profile audits and ensure appropriate EEO mapping of positions Maintain and improve our compensation systems, working with the People team to make sure tools are integrated, scalable, and able to support the company as we grow. Drive automation and process improvements for compensation programs; develop methods for supporting innovation and change across the organization Compile, validate, and submit data for annual and ad-hoc compensation surveys Support administration of short-term and long-term incentive programs Pay Transparency and Compliance: Support compliance with state and local pay transparency laws by maintaining up-to-date salary ranges and documentation Partner with Talent Acquisition to provide accurate and compliant pay ranges for job postings and candidate communications Monitor evolving legislation on pay transparency and assist in implementing updates to internal guidelines and systems Ensure ongoing audits for internal compliance, governance, ensuring adherence to state, local, and federal statutes and laws Equity: Assist with the day-to-day administration of the Company's equity (stock-based) incentive plans Ensure that all equity transactions are processed and settled timely and accurately; reconcile transactions, termination dates, tax withholding, and reporting, and other items as required Perform periodic reviews and reconciliations of participant data and transactions to ensure accuracy and in accordance with policies and audit procedures Provide accurate, timely, and usable reporting to important collaborators (i.e., Payroll, Accounting, Legal, Human Resources, etc.) Handle equity plan-related inquiries and requests from employees, executives, board members, and external brokers on a regular basis Assist in preparing equity-related materials for the compensation committee and leadership HRIS/Reporting: Maintain compensation information in HRIS; establish an audit cadence to ensure data accuracy and integrity Create and run reports to support compensation program administration and assist with other reporting needs Validate and audit HRIS data regularly to ensure compensation information is accurate, consistent, and compliant Partner with HRIS/People Ops to troubleshoot data issues, improve data integrity, and streamline reporting processes Compensation Cycle: Lead the preparation and administration of the company’s annual merit cycle, including setup, testing, data validation, and post-cycle reporting Partner with HRBPs and leaders to ensure smooth execution of merit planning; provide training, reporting, and troubleshooting support Maintain and enhance our cloud-based merit planning system; collaborate with People Ops and HRIS (Wurk) to ensure data accuracy, integrations, and timely updates Minimum Qualifications
College degree or equivalent combination of education, training, and/or experience Three (3) or more years of progressively responsible and relevant experience Strong data analysis skills with the ability to work with large data sets and synthesize data to identify trends; analytical and conceptual ability necessary to evaluate internal and external data Knowledge of Fair Labor Standards Act, Pay Equity, and other laws, regulations, etc., governing classification pay issues Demonstrated ability to identify non-routine situations and exceptions and apply effective problem-solving skills Demonstrated ability to independently plan, prioritize and organize work while managing many priorities Strong attention to detail Strong written and verbal communication skills Strong interpersonal skills, effective team member, and builder of productive working relationships Ability to think critically, anticipate issues, and proactively suggest solutions Ability to maintain a high level of confidentiality Proven ability to achieve objectives in a dynamic, often ambiguous, environment Proficiency with Microsoft Office (Excel, Word, PowerPoint) Preferred Qualifications
Five (5) or more years of progressively responsible and relevant experience Prior experience in developing and implementing base pay and incentive programs (e.g., salary structures, salary grades, job families, job architecture) Experience in working with compensation analysis related to union / collective bargaining agreements Knowledge of basic accounting and financial principles and the requirements of collaborating with Finance on relevant compensation activities Experience with various HCMS/HRIS systems (PeopleSoft, SAP, Wurk, Workday, UKG, Callidus, ADP, SuccessFactors) Experience with compensation related software (PayFactors, Payscale, MarketPay, Salary.com, CompAnalyst, ERI) Green Thumb Pay Range: $95,000 - $120,000 USD Green Thumb is an equal opportunity employer and welcomes applications from diverse candidates.
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General Compensation: Evaluate new and existing jobs to determine appropriate salary grade, FLSA classification, and/or salary adjustments Conduct ongoing analysis to support market pricing and assist company leaders in making informed, competitive compensation decisions Prepare and present summary reports of job analysis and compensation analysis information Benchmark jobs against survey data and other market intelligence to determine competitive compensation ranges for each position Assist in providing compensation support for job offers to ensure internal and external equity Maintain documentation of FLSA determinations and classifying exemption status for jobs through review of job profile audits and ensure appropriate EEO mapping of positions Maintain and improve our compensation systems, working with the People team to make sure tools are integrated, scalable, and able to support the company as we grow. Drive automation and process improvements for compensation programs; develop methods for supporting innovation and change across the organization Compile, validate, and submit data for annual and ad-hoc compensation surveys Support administration of short-term and long-term incentive programs Pay Transparency and Compliance: Support compliance with state and local pay transparency laws by maintaining up-to-date salary ranges and documentation Partner with Talent Acquisition to provide accurate and compliant pay ranges for job postings and candidate communications Monitor evolving legislation on pay transparency and assist in implementing updates to internal guidelines and systems Ensure ongoing audits for internal compliance, governance, ensuring adherence to state, local, and federal statutes and laws Equity: Assist with the day-to-day administration of the Company's equity (stock-based) incentive plans Ensure that all equity transactions are processed and settled timely and accurately; reconcile transactions, termination dates, tax withholding, and reporting, and other items as required Perform periodic reviews and reconciliations of participant data and transactions to ensure accuracy and in accordance with policies and audit procedures Provide accurate, timely, and usable reporting to important collaborators (i.e., Payroll, Accounting, Legal, Human Resources, etc.) Handle equity plan-related inquiries and requests from employees, executives, board members, and external brokers on a regular basis Assist in preparing equity-related materials for the compensation committee and leadership HRIS/Reporting: Maintain compensation information in HRIS; establish an audit cadence to ensure data accuracy and integrity Create and run reports to support compensation program administration and assist with other reporting needs Validate and audit HRIS data regularly to ensure compensation information is accurate, consistent, and compliant Partner with HRIS/People Ops to troubleshoot data issues, improve data integrity, and streamline reporting processes Compensation Cycle: Lead the preparation and administration of the company’s annual merit cycle, including setup, testing, data validation, and post-cycle reporting Partner with HRBPs and leaders to ensure smooth execution of merit planning; provide training, reporting, and troubleshooting support Maintain and enhance our cloud-based merit planning system; collaborate with People Ops and HRIS (Wurk) to ensure data accuracy, integrations, and timely updates Minimum Qualifications
College degree or equivalent combination of education, training, and/or experience Three (3) or more years of progressively responsible and relevant experience Strong data analysis skills with the ability to work with large data sets and synthesize data to identify trends; analytical and conceptual ability necessary to evaluate internal and external data Knowledge of Fair Labor Standards Act, Pay Equity, and other laws, regulations, etc., governing classification pay issues Demonstrated ability to identify non-routine situations and exceptions and apply effective problem-solving skills Demonstrated ability to independently plan, prioritize and organize work while managing many priorities Strong attention to detail Strong written and verbal communication skills Strong interpersonal skills, effective team member, and builder of productive working relationships Ability to think critically, anticipate issues, and proactively suggest solutions Ability to maintain a high level of confidentiality Proven ability to achieve objectives in a dynamic, often ambiguous, environment Proficiency with Microsoft Office (Excel, Word, PowerPoint) Preferred Qualifications
Five (5) or more years of progressively responsible and relevant experience Prior experience in developing and implementing base pay and incentive programs (e.g., salary structures, salary grades, job families, job architecture) Experience in working with compensation analysis related to union / collective bargaining agreements Knowledge of basic accounting and financial principles and the requirements of collaborating with Finance on relevant compensation activities Experience with various HCMS/HRIS systems (PeopleSoft, SAP, Wurk, Workday, UKG, Callidus, ADP, SuccessFactors) Experience with compensation related software (PayFactors, Payscale, MarketPay, Salary.com, CompAnalyst, ERI) Green Thumb Pay Range: $95,000 - $120,000 USD Green Thumb is an equal opportunity employer and welcomes applications from diverse candidates.
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