The Variable Compensation Analyst designs and administers variable compensation programs, analyzes metrics for incentive payouts, benchmarks compensation, and supports compliance and planning efforts.
At Wipfli, people count.
At Wipfli, our people are core to everything we do-the catalyst behind our ability to create exceptional impact and extraordinary results.
We believe in flexibility. We focus on relationships. We encourage each individual to follow their own path.
People truly matter and they feel it. For those looking to make a difference and find a professional home, Wipfli offers a career-defining opportunity.
Job summary: The Variable Compensation Analyst plays a key role in designing, administering, and analyzing variable compensation programs, including bonuses, commissions, and incentive plans. This role ensures programs align with firm objectives, comply with plan guidelines, and remain competitive in the market. You'll also support the development and rollout of special programs and enhancements to commission or incentive plans.
Work Location Flexibility:This hybrid position has an opportunity to be 100% remote within the United States. We value flexibility and are committed to supporting a work environment that enables you to thrive, whether on-site or virtually.
Essential Responsibilities:
Knowledge Skills and Abilities:
Education: Bachelor's degree in Finance, HR, Business Administration, or related field.
Experience:
Preferred: CCP certification.
Skills:
Key Competencies:
Tiffany Farnsworth, from our recruiting team, will be guiding you through this process. Visit her LinkedIn page to connect!
#LI-TF1 #LI-HYBRID
Additional Details:
Wipfli is an equal opportunity/affirmative action employer. All candidates will receive consideration for employment without regards to race, creed, color, religion, national origin, sex, age, marital status, sexual orientation, gender identity, veteran status, disability, or any other characteristics protected by federal, state, or local laws.
Wipfli is committed to providing reasonable accommodations for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or participate in our recruiting process, please send us an email at [email protected]
Wipfli values fair, transparent, and competitive compensation, considering each candidate's unique skills and experiences. The estimated base pay range for this role is $66,000 - $89,000, with offers typically not made at the maximum, allowing for future salary increases. The actual salary at the time of offer depends on business related factors like location, skills, experience, training/education, licensure, certifications, business needs, current associate pay, and relevant employment laws.
Individuals may be eligible for an annual discretionary bonus, subject to participation rules and based on a variety of factors including, but not limited to, individual and Firm performance.
At Wipfli, our people are core to everything we do-the catalyst behind our ability to create exceptional impact and extraordinary results.
We believe in flexibility. We focus on relationships. We encourage each individual to follow their own path.
People truly matter and they feel it. For those looking to make a difference and find a professional home, Wipfli offers a career-defining opportunity.
Job summary: The Variable Compensation Analyst plays a key role in designing, administering, and analyzing variable compensation programs, including bonuses, commissions, and incentive plans. This role ensures programs align with firm objectives, comply with plan guidelines, and remain competitive in the market. You'll also support the development and rollout of special programs and enhancements to commission or incentive plans.
Work Location Flexibility:This hybrid position has an opportunity to be 100% remote within the United States. We value flexibility and are committed to supporting a work environment that enables you to thrive, whether on-site or virtually.
Essential Responsibilities:
- Administer Programs: Manage variable compensation structures across departments (growth, practice areas, and teams).
- Maintain Documentation: Ensure individual and firmwide plan documents are accurate, signed, and properly archived.
- Roll Out Plans: Partner with HR and communication teams to launch programs and commission plans effectively.
- Analyze & Calculate: Review performance metrics and financial data to calculate incentive payouts accurately and on time, following approval workflows and payroll deadlines.
- Benchmark & Advise: Conduct market and internal equity analyses to guide compensation decisions.
- Report & Communicate: Prepare dashboards and reports to share outcomes and trends with stakeholders.
- Innovate & Improve: Recommend process improvements and automation opportunities; participate in technology enablement initiatives.
- Ensure Compliance: Adhere to legal, regulatory, and internal policy requirements.
- Support Planning: Assist with annual compensation cycles and ad hoc incentive modeling.
- Educate & Guide: Provide training and guidance to leaders and associates on variable pay programs.
Knowledge Skills and Abilities:
Education: Bachelor's degree in Finance, HR, Business Administration, or related field.
Experience:
- 3-5 years in compensation analysis, with a focus on variable pay.
- Familiarity with sales compensation or commission-based structures.
- Experience with Workday Advanced Compensation.
Preferred: CCP certification.
Skills:
- Advanced Excel and data analysis tools.
- Strong understanding of compensation principles and regulatory considerations.
- Excellent communication and stakeholder management skills.
- High attention to detail and ability to handle confidential data.
Key Competencies:
- Ability to plan, prioritize, and manage multiple projects under tight deadlines.
- Analytical mindset with problem-solving skills.
- Adaptability and creativity in navigating ambiguity.
- Strong written, verbal, and presentation skills.
- Proficiency in Microsoft Word, Excel, and Outlook.
Tiffany Farnsworth, from our recruiting team, will be guiding you through this process. Visit her LinkedIn page to connect!
#LI-TF1 #LI-HYBRID
Additional Details:
Wipfli is an equal opportunity/affirmative action employer. All candidates will receive consideration for employment without regards to race, creed, color, religion, national origin, sex, age, marital status, sexual orientation, gender identity, veteran status, disability, or any other characteristics protected by federal, state, or local laws.
Wipfli is committed to providing reasonable accommodations for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or participate in our recruiting process, please send us an email at [email protected]
Wipfli values fair, transparent, and competitive compensation, considering each candidate's unique skills and experiences. The estimated base pay range for this role is $66,000 - $89,000, with offers typically not made at the maximum, allowing for future salary increases. The actual salary at the time of offer depends on business related factors like location, skills, experience, training/education, licensure, certifications, business needs, current associate pay, and relevant employment laws.
Individuals may be eligible for an annual discretionary bonus, subject to participation rules and based on a variety of factors including, but not limited to, individual and Firm performance.
Top Skills
Advanced Excel
Microsoft Outlook
Microsoft Word
Workday Advanced Compensation
Wipfli Chicago, Illinois, USA Office

Our downtown office is located in the heart of the loop on the 17th floor of the UBS building at 1 N. Wacker. It features a bar/restaurant, health club, gathering spaces and activities for tenants that range from book clubs and mixers to charitable food drives.
Wipfli Lincolnshire, Illinois, USA Office
100 Tri-State International Suite 300, Lincolnshire, IL, United States, 60069
Wipfli Naperville, Illinois, USA Office
3957 75th St, Naperville, IL, United States, 60504
Wipfli Tinley Park, Illinois, USA Office
18402 W Creek Dr., Tinley Park, IL, United States, 60477
Similar Jobs at Wipfli
Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
The Variable Compensation Analyst designs and manages compensation programs, analyzes payouts, ensures compliance, and supports communication and process improvement initiatives.
Top Skills:
ExcelWorkday Advanced Compensation
Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
Lead client advisory engagements, drive change management, analyze financial performance, develop budgets, mentor staff, and collaborate across teams.
Top Skills:
Bill.ComIntaactNetSuiteQuickbooks Online
Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
The Transaction Advisory Associate will conduct Quality of Earnings analyses, support M&A transactions, analyze financial statements, and prepare due diligence reports.
Top Skills:
ExcelMicrosoft Powerpoint
What you need to know about the Chicago Tech Scene
With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.
Key Facts About Chicago Tech
- Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
- Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
- Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
- Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory


