Compensation Analyst

| North Suburbs

Grainger is a broad line, business-to-business distributor of maintenance, repair and operating (MRO) supplies and other related products and services. More than 3.2 million businesses and institutions worldwide rely on Grainger for products such as safety gloves, ladders, motors and janitorial supplies, along with services like inventory management and technical support. These customers represent a broad collection of industries including commercial, government, healthcare and manufacturing. They place orders online, on mobile devices, through sales representatives, over the phone and at local branches. Approximately 5,000 suppliers provide Grainger with more than 1.6 million products stocked in Grainger’s distribution centers and branches worldwide.

Primary Function
This position is responsible for the support, analysis, and administration of compensation programs and practices.  The analyst will work closely with the compensation team on various projects. 

Principal Duties & Responsibilities

  • Serves as the compensation team’s system administrator for the annual merit increase and equity award process, and works closely with HRIS as it relates to compensation aspects of the system. Supports and participates in all system enhancements and on-going maintenance activities.
  • Prepares information for participation in compensation surveys. Partners with external vendors to complete submissions. Identifies surveys in which to participate and annually evaluates which surveys are appropriate.
  • Manages the salary increase budgeting process and bonus accruals.
  • Prepares tables for annual proxy statement.
  • Creates and manages tracking mechanisms for various processes such as retention awards.
  • Manages, organizes and updates compensation knowledge used throughout the organization including HR Knowledge Center, Grainger Intranet, SharePoint sites and shared drives.
  • Manages compensation tools such as cloud-based survey database.
  • Designs and prepares regular reports on compensation. Uses analytical and quantitative techniques to assess pay practices.
  • Creates tools and training to support HR Business Partners on compensation processes.

Preferred Education & Experiences

  • Bachelor’s degree required, preferably in Business, Finance, Human Resources or related area.
  • Minimum of 2 years of related compensation experience working with compensation systems including salary survey techniques and interpretation; performance and reward systems, and involvement in organizational design
  • Certified Compensation Professional (CCP) certification preferred but not required.
  • Proficiency in Microsoft Office Applications including Word, Excel, and PowerPoint. Must be able to perform complex functions within Excel in order to manipulate and calculate data for analysis.
  • Relevant Compensation experience in an environment where the HR Information System (HRIS) is an ERP (e.g.: SAP). SuccessFactors and SAP experience a plus.
  • Demonstrated ability to work in a COE/ Business-Partner HR operating model and experience working in a highly-matrixed environment.
  • Excellent analytical, problem solving, customer service, written and verbal communication skills.
  • Ability to meet deadlines and prioritize work. Ability to maintain attention to detail on multiple, simultaneous projects/priorities.
  • Flexible demeanor and the demonstrated ability to work as a team.
  • Ability to maintain confidentiality and appropriately handle sensitive information.

Work Environment

  • Limited travel is required
  • Fast paced environment, candidate must be agile
  • Collaborative and team-oriented
  • Highly-matrixed environment

Impact
The development and administration of compensation programs affects the Company’s ability to attract and retain the employees it requires to meet its strategic and financial objectives.  The position collects and analyzes information that is often used for significant management decisions.  The Compensation Analyst will help develop and test applications that streamline processes both inside the department and across the organization. 

Read Full Job Description

Technology we use

  • Engineering
    • GolangLanguages
    • JavaLanguages
    • JavascriptLanguages
    • PythonLanguages
    • SqlLanguages
    • jQueryLibraries
    • jQuery UILibraries
    • ReactLibraries
    • AngularJSFrameworks
    • Backbone.jsFrameworks
    • HadoopFrameworks
    • Node.jsFrameworks
    • SpringFrameworks
    • CassandraDatabases
    • MongoDBDatabases
    • MySQLDatabases
    • Neo4jDatabases
    • OracleDatabases
    • PostgreSQLDatabases
    • RedisDatabases
    • SAP HANADatabases
    • TeradataDatabases

Location

The Ogilvie Train Station has its perks with metra in building and 5 blocks to the L. You can get to the French Market without stepping outside.

What are Grainger Perks + Benefits

Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Pet Insurance
Onsite Gym
Onsite gyms available in various facilities including corporate HQ and some field offices.
Retirement & Stock Options Benefits
401(K)
The company contributes 3% to a 401(k) Plan each pay period as part of an annual Profit Sharing contribution up to a 12% total target if goals are met. Eligibility requirements apply.
Employee Stock Purchase Plan
Performance Bonus
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Adoption Assistance
Grainger supports team members and their families who are in the process of adopting by reimbursing up to $6,000 per adoption for eligible expenses.
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Stocked Kitchen
Beverages and coffee on demand in our downtown locations.
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Diversity Program
More Jobs at Grainger52 open jobs
All Jobs
Finance
Data + Analytics
Design + UX
Dev + Engineer
HR
Internships
Marketing
Operations
Product
Project Mgmt
Sales
Content
Developer
new
Chicago
Content
new
Chicago
Operations
new
Chicago
Operations
new
North Suburbs
Data + Analytics
new
North Suburbs
Project Mgmt
new
North Suburbs
Internships
new
North Suburbs
Data + Analytics
new
North Suburbs
Operations
new
North Suburbs
Operations
new
North Suburbs
Operations
new
North Suburbs
HR
new
North Suburbs
Product
new
North Suburbs
Marketing
new
North Suburbs
Project Mgmt
new
North Suburbs
Data + Analytics
new
North Suburbs
Marketing
new
North Suburbs
Data + Analytics
new
North Suburbs
Data + Analytics
new
Chicago
Marketing
new
North Suburbs
Design + UX
new
Chicago
Sales
new
North Suburbs
Operations
new
North Suburbs
Developer
new
Chicago
Operations
new
North Suburbs
Product
new
Chicago
Project Mgmt
new
North Suburbs
Operations
new
Chicago
Marketing
new
Chicago
Operations
new
Chicago
Developer
new
North Suburbs
Operations
new
Chicago
Data + Analytics
new
Chicago
Marketing
new
North Suburbs
Finance
new
North Suburbs
Data + Analytics
new
Chicago
Operations
new
North Suburbs
Operations
new
Chicago
Data + Analytics
new
Chicago
Developer
new
North Suburbs
Data + Analytics
new
Chicago
Project Mgmt
new
Chicago
Developer
new
North Suburbs
Project Mgmt
new
North Suburbs
Developer
new
North Suburbs
Product
new
Chicago