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3 Compensation Manager Jobs in Downers Grove, IL

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Ensono
Downers Grove, IL | Full Time
$73k-90k (estimate)
7 Days Ago
Duly Health and Care
Downers Grove, IL | Full Time
$71k-87k (estimate)
4 Days Ago
Duly Health and Care
Downers Grove, IL | Full Time
$102k-126k (estimate)
1 Day Ago
Compensation Manager
Duly Health and Care Downers Grove, IL
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$102k-126k (estimate)
Full Time 1 Day Ago
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Duly Health and Care is Hiring a Compensation Manager Near Downers Grove, IL

Good enough isn’t for us. Duly Health and Care’s team members show up every day driven to exceed expectations. We see and support the remarkable in every person within and beyond the walls of our work.

Duly Health and Care works to understand what matters most to you. We recruit and retain team members who share a relentless passion and pride for helping others live happier and healthier lives. We invest in helping our team members develop their talents in a way that is rich in personal meaning. We invite you to join us, fulfill your purpose and make your mark!

Holistic benefits designed to help our team members flourish in all aspects of their lives, including:

  • Comprehensive medical and prescription drug benefits that include medical coverage at 100% (after deductible) when utilizing a Duly provider.
  • $5,250 Tuition Reimbursement per year.
  • 40 hours paid volunteer time off.
  • A culture committed to Diversity, Equity, and Inclusion (DEI) and Social Impact
  • 12 Weeks parental leave at 100% pay and a financial benefit for adoption and surrogacy for non-physician team members.
  • 401(k) Match
  • Profit-sharing program

Responsibilities:

  • Develops compensation policy and guideline interpretations, including the design of creative solution to meet specific compensation related needs.
  • Manage the base pay structure, ensuring market competitiveness and internal consistency; recommend adjustments to meet business needs. Provide regular and ad-hoc reports to support compensation and compensation-related analysis and assess the effectiveness of compensation programs.
  • Administer annual merit increase programs for both management and staff positions providing guidance and assistance to managers on process from using the performance management tools to merit assignment.
  • Maintain bonus structures and partner with HR and payroll during the annual distribution process.
  • Create standardized reporting and ad hoc reporting from HRIS for internal HR applications.
  • Partner with Talent Acquisition and HR Business Partners on base pay decisions, including guidance on competitive new hire offers.
  • Participates in industry related surveys, provides and analysis and recommendations reflecting market sensitivity and in sync with the performance management system. Participates in special compensation studies for purposes of maintain competitive position in the marketplace.
  • Administer on-going and annual staff base pay structure, maintenance including collecting and evaluating market data, managing internal pay ranges based on market movement and benchmarking new positions.
  • Ensure pay structures are compliant with federal, state, and local guidelines, including FLSA, exemption classifications for existing and new jobs.
  • Assists supervisors and HR with job description creation and modification.

Years of Experience:

  • A minimum of 5-7 years experience in compensation required
  • A minimum of 3 years compensation or HR experience in a health care environment is strongly preferred

MINIMUM KNOWLEDGE, SKILLS, AND ABILITIES (KSA):

  • Strong knowledge and technical understanding of HRIS systems and HRIS reporting is required.
  • Prior experience with Workday HR solutions is preferred.
  • Strong technical compensation aptitude, utilizing the latest compensation philosophies, techniques and skills
  • Ability to create meaningful presentations and reports utilizing a variety of raw data
  • Advanced knowledge of federal, state and local wage and hours laws and regulations
  • Advanced skill in Microsoft Office Suite (Excel, Outlook, PowerPoint and Word)
  • Ability to work under pressure and prioritize work
  • Ability to handle confidential information.
  • Demonstrated ability to work independently, take initiative, and perform effectively in fast - paced environment is essential
  • Excellent analytical abilities, both with job description creation and modification as well as with complex data sets, such as salary information.
  • Proactive and solution oriented.
  • Must demonstrate exceptional judgment, discretion and professional courtesy.

Job Summary

JOB TYPE

Full Time

SALARY

$102k-126k (estimate)

POST DATE

04/27/2024

EXPIRATION DATE

05/10/2024

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The following is the career advancement route for Compensation Manager positions, which can be used as a reference in future career path planning. As a Compensation Manager, it can be promoted into senior positions as a Compensation Senior Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Compensation Manager. You can explore the career advancement for a Compensation Manager below and select your interested title to get hiring information.

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