
Compensation Specialist Senior
- Rolling Meadows, IL
- $66,000-128,500 per year
- Permanent
- Full-time
OverviewAs part of the Gallagher Global Brokerage compensation team, the Compensation Specialist Senior, will be responsible for collecting, analyzing, and summarizing human capital data and compensation data to make people-related decisions, with a specific focus on employee populations in our Americas division. This role will assist in the development, consultation, and implementation of compensation programs and tools to enhance our ability to attract, retain, motivate and develop our employees.
How you'll make an impact
- Provides complex analysis and research relating business metrics with compensation, and educates client groups on the use of compensation data and new compensation programs.
- Assists in the design of base, bonus, sales compensation, retention awards, and other compensation initiatives
- Provides tools to help HR and business leaders better manage annual compensation processes including salary increases, bonus, equity grants, and compensation statements, among others
- Primary responsibility relates to the support of HR and managers in the United States and may provide support elsewhere in the Americas or around the globe as assigned
- Understands applicable compensation markets and regulations, to provide support aligned with each region and country
- Partners with the GGB and corporate HR compensation teams to develop action plans and create communication plans for the launch of new compensation processes
- Completes job evaluations using external and internal compensation data
- Provides support in moderate to complex compensation projects that involve highly analytical skills
- Identifies ways to improve efficiency and effectiveness of recurring compensation processes
- May assist in the development and distribution of training, presentation, and other materials for various compensation program rollouts
- Develops reports based on data analytics to give support and guidance for HR leaders with accurate information
- Provides support for additional projects as assigned
- BA + minimum 5 years related experience.
- Strong communication and presentation skills.
- Knowledge of Microsoft Word, Power Point, and advanced knowledge of Excel.
- Ability to prepare clear, concise, and complete analysis, proposals, presentations, reports and other written materials.
- 4 or more years of experience in an analytical role
- Prior compensation experience working with employees in the insurance industry preferred
- Data and people analytics knowledge
- Must possess advanced technical skills in Excel, including ability to model expected results
- Strong organization and time management skills
- Ability to work in a fast-paced, high-volume environment
- Ability to work and communicate with employees at all levels of the organization
- Strong analytical and quantitative skills
- Ability to remain flexible, innovate, and adapt to change
- Persuasive with good problem-solving skills
- Strong standout colleague with a proactive demeanor
Compensation and benefitsWe offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:
- Medical/dental/vision plans, which start from day one!
- Life and accident insurance
- 401(K) and Roth options
- Tax-advantaged accounts (HSA, FSA)
- Educational expense reimbursement
- Paid parental leave
- Digital mental health services (Talkspace)
- Flexible work hours (availability varies by office and job function)
- Training programs
- Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
- Charitable matching gift program
- And more...