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Senior Compensation Analyst
Green Thumb Chicago, IL
$79k-94k (estimate)
Full Time | Retail 8 Months Ago
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Green Thumb is Hiring a Senior Compensation Analyst Near Chicago, IL

Job Summary/Purpose

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
  • Assist 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 business 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 all non-high-volume job offers to ensure internal and external equity
  • Ensure policies are in place and incentive compensation process and related controls are clearly documented and executed
  • Maintain documentation of FLSA determinations and classifying exemption status for jobs through review of job profile audits and ensure appropriate EEO mapping of positions
  • Work directly with Finance and HR leadership to plan and model incentive compensation programs
  • Upscale and maintain internal compensation systems, partnering with the People team to integrate tools to ensure scalability and support company growth
  • 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
  • Ensure ongoing audits for internal compliance, governance, ensuring adherence to country, 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

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

Minimum Qualifications 

  • Bachelors 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
  • Demonstrated ability in quantitative and qualitative research methods
  • Ability to perform statistical analysis and interpret and evaluate results
  • Strong attention to detail
  • Strong written and verbal communication skills
  • Strong interpersonal skills, effective team member, and builder of productive working relationships
  • Demonstrated ability to embrace change
  • 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)
  • WorldatWork certification (CCP, GRP, CECP, CSCP)
  • Microsoft Excel certification

Additional Requirements

  • Must pass any and all required background checks
  • Must be and remain compliant with all legal or company regulations for working in the industry
  • Must possess a valid driver’s license
  • Must be a minimum of 21 years of age
  • Must be approved by state badging agency to work in the cannabis industry

Job Summary

JOB TYPE

Full Time

INDUSTRY

Retail

SALARY

$79k-94k (estimate)

POST DATE

09/29/2022

EXPIRATION DATE

01/06/2023

WEBSITE

greenthumb.com

HEADQUARTERS

WOODLAND HILLS, CA

SIZE

200 - 500

FOUNDED

1965

CEO

MAX D BERGQUIST

REVENUE

$50M - $200M

INDUSTRY

Retail

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

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