Compensation Analyst
Baker Tilly Advisory Group, LP

Chicago, Illinois


Overview

Baker Tilly is a leading advisory, tax and assurance firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world's leading financial centers - New York, London, San Francisco, Los Angeles, Chicago and Boston. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP (Baker Tilly) provide professional services through an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly US, LLP is a licensed independent CPA firm that provides attest services to its clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and business advisory services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities are not licensed CPA firms.

Baker Tilly Advisory Group, LP and Baker Tilly US, LLP, trading as Baker Tilly, are independent members of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 141 territories, with 43,000 professionals and a combined worldwide revenue of $5.2 billion. Visit bakertilly.com or join the conversation on LinkedIn, Facebook and Instagram.

Please discuss the work location status with your Baker Tilly talent acquisition professional to understand the requirements for an opportunity you are exploring.

Baker Tilly is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, gender identity, sexual orientation, or any other legally protected basis, in accordance with applicable federal, state or local law.

Any unsolicited resumes submitted through our website or to Baker Tilly Advisory Group, LP, employee e-mail accounts are considered property of Baker Tilly Advisory Group, LP, and are not subject to payment of agency fees. In order to be an authorized recruitment agency ("search firm") for Baker Tilly Advisory Group, LP, there must be a formal written agreement in place and the agency must be invited, by Baker Tilly's Talent Attraction team, to submit candidates for review via our applicant tracking system.

Job Description:

Responsibilities

The Compensation Analyst will be an integral part of the compensation team in planning, developing, and administering compensation programs, policies, and procedures. They will be responsible for maintaining pay structures, conducting market pricing, completing market surveys, and analyzing compensation data.

Research

  • Develop and support the execution of new and revised compensation programs, policies, procedures.
  • Plan, coordinate and execute the annual market review process to identify pay trends/market movement and validate that current pay practices are competitive and cost effective.
  • Monitor and analyze external compensation information such as government regulations, market data, surveys, and trends.
  • Participate in compensation and benefit surveys to collect and analyze competitive salary information.

Administration
  • Manage the administration of the firm's compensation programs, with emphasis on the midstream and annual compensation review processes. Work with the team of Business Partners on compensation needs/reports to support these processes.
  • Collaborate with People Solutions team members on development and maintenance of job creation, job classification, salary/pay grades, and job descriptions in accordance with internal standards, pay transparency laws and applicable regulatory requirements.
  • Assure firm compensation program audits and reports are consistently administered in compliance with firm policies and government regulations.
  • Partner with others in the identification and implementation of process enhancements and develop new applications for compensation systems and tools.

Analysis
  • Prepare analysis, modeling and/or recommendations related to total compensation, including salary and variable/incentive pay plans.
  • Support the midstream and annual compensation review cycles by providing detailed analysis regarding merit processes and budget issues.
  • Use published or conduct ad hoc surveys to obtain and analyze market pay rates. Prepare reports on findings and handle administrative steps to formalize recommendations.
  • Develop and run reports and data extracts; provide special project support as required.
Qualifications
  • Bachelor's degree or equivalent in Business, Finance, Human Resources or related field.
  • 1- 3 years of experience with financial or data analysis, familiarity with compensation analysis and design of base and specialty pay programs desired.
  • Certified Compensation Professional (CCP) designation a plus.
  • Strong analytical and critical thinking skills; ability to identify, evaluate, interpret, and organize data
  • Strong organizational skills with attention to detail and ability to work effectively in a fast-paced work environment.
  • Excellent verbal and written communications skills and strong interpersonal skills. Demonstrated focus on client service and business acumen.



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