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Executive Reward Analyst (11912829)

In Illinois / United States

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Executive Reward Analyst (11912829)   

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JOB TITLE:

Executive Reward Analyst (11912829)

JOB TYPE:

JOB SKILLS:

JOB LOCATION:

Chicago Illinois / United States

JOB DESCRIPTION:

Position : Executive Reward Analyst

location : Remote

Duration : 6+ Months (extension)

Shift-Time : 8:00 AM to 05:00 PM

Summary:

The Executive Rewards & Incentives Team (ER&I) provides expertise in the areas of executive and director compensation and benefits, incentive design, pay-performance alignment, and corporate governance. In an increasingly globally mobile world, these programs need to attract, motivate, and retain critical executive talent to deliver client's strategy and performance goals, in line with the Five Principles.

Executive Rewards Governance

  • Provide data insights and analysis for Remuneration and Talent Committee (RTC) papers
  • Support ER&I to design philosophies and strategies to attract, reward and retain talent through analytics
  • ER&I related policies and governance subject matter expert, able to provide guidance to broader rewards team
  • Maintain an up-to-date knowledge of the internal and external compliance and guidance information relating to executive reward issues

Incentives

Support with the design and delivery of the executive incentive plans, for example

  • Analytical support for annual and long-term incentive programs e.g., cost modelling/analysis, associate LTI estimates, etc.
  • Point of contact for incentive program participants at all levels of the organization,

Executive Pay Benchmarking

  • Support the preparation of Executive Reward survey submissions (i.e. Pay, Incentives, M&A), including data collection, role matching, etc. and related analysis of survey reports in collaboration with Associate Rewards
  • Ensure that reward packages are competitive by performing market benchmarking analyses in relation to salary and incentives against our stated pay philosophy
  • Undertake ad-hoc benchmarking and prepare salary proposals relating to promotions and moves within the global Executive population
  • Support the annual GL merit process, including preparation of pay analysis, budget proposal, P&O pay proposal materials, analysis of proposals and implementation
  • Maintain internal data, e.g. GL Roster

Analytics

  • Provide analytics to assess the effectiveness of our executive pay programs (e.g. goal/target setting, pay-for-performance analysis, pay-at-risk review, tally sheets, etc.)
  • Design, build and implement analytical models using people and market data to forecast costs, identify issues and impacts
  • Support on compensation strategy issues surrounding mergers and acquisitions, key executive retention arrangements, and associate severance and change-in-control programs
  • Working on ad-hoc rewards projects throughout the year, including research and analysis together with the development of recommendations
  • Provide rewards related administration, e.g. manage ER&I mailbox, reward meetings, invoices

Job Specifications/Qualifications

1. Education & Professional Qualification

  • Bachelor's Degree with a business-focused major
  • This is an entry-level position, but 1-2+ years of experience is a plus

2. Knowledge/Experience

  • Data analysis and modeling; managing and manipulating large complex data sets
  • Understanding of survey methodologies, including job matching, reporting line, and responsibilities
  • Knowledge of executive remuneration, incentive plan structures, and remuneration reporting
  • Advanced knowledge of MS Excel & Office; ability to use MS Excel for analysis, reporting and data cleansing; strong knowledge of formulas (VLOOKUP, IF, OR, INDEX, MATCH etc), data validation functionality, and creation of Pivot tables; ability to work with MS Excel VBA an advantage.

Position Details

POSTED:

Aug 09, 2021

EMPLOYMENT:

INDUSTRY:

SNAPRECRUIT ID:

S1620486319622903

LOCATION:

Illinois / United States

CITY:

Chicago

Job Origin:

CEIPAL_ORGANIC_FEED

A job sourcing event
In Dallas Fort Worth
Aug 19, 2017 9am-6pm
All job seekers welcome!

Executive Reward Analyst (11912829)    Apply

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Position : Executive Reward Analyst

location : Remote

Duration : 6+ Months (extension)

Shift-Time : 8:00 AM to 05:00 PM

Summary:

The Executive Rewards & Incentives Team (ER&I) provides expertise in the areas of executive and director compensation and benefits, incentive design, pay-performance alignment, and corporate governance. In an increasingly globally mobile world, these programs need to attract, motivate, and retain critical executive talent to deliver client's strategy and performance goals, in line with the Five Principles.

Executive Rewards Governance

  • Provide data insights and analysis for Remuneration and Talent Committee (RTC) papers
  • Support ER&I to design philosophies and strategies to attract, reward and retain talent through analytics
  • ER&I related policies and governance subject matter expert, able to provide guidance to broader rewards team
  • Maintain an up-to-date knowledge of the internal and external compliance and guidance information relating to executive reward issues

Incentives

Support with the design and delivery of the executive incentive plans, for example

  • Analytical support for annual and long-term incentive programs e.g., cost modelling/analysis, associate LTI estimates, etc.
  • Point of contact for incentive program participants at all levels of the organization,

Executive Pay Benchmarking

  • Support the preparation of Executive Reward survey submissions (i.e. Pay, Incentives, M&A), including data collection, role matching, etc. and related analysis of survey reports in collaboration with Associate Rewards
  • Ensure that reward packages are competitive by performing market benchmarking analyses in relation to salary and incentives against our stated pay philosophy
  • Undertake ad-hoc benchmarking and prepare salary proposals relating to promotions and moves within the global Executive population
  • Support the annual GL merit process, including preparation of pay analysis, budget proposal, P&O pay proposal materials, analysis of proposals and implementation
  • Maintain internal data, e.g. GL Roster

Analytics

  • Provide analytics to assess the effectiveness of our executive pay programs (e.g. goal/target setting, pay-for-performance analysis, pay-at-risk review, tally sheets, etc.)
  • Design, build and implement analytical models using people and market data to forecast costs, identify issues and impacts
  • Support on compensation strategy issues surrounding mergers and acquisitions, key executive retention arrangements, and associate severance and change-in-control programs
  • Working on ad-hoc rewards projects throughout the year, including research and analysis together with the development of recommendations
  • Provide rewards related administration, e.g. manage ER&I mailbox, reward meetings, invoices

Job Specifications/Qualifications

1. Education & Professional Qualification

  • Bachelor's Degree with a business-focused major
  • This is an entry-level position, but 1-2+ years of experience is a plus

2. Knowledge/Experience

  • Data analysis and modeling; managing and manipulating large complex data sets
  • Understanding of survey methodologies, including job matching, reporting line, and responsibilities
  • Knowledge of executive remuneration, incentive plan structures, and remuneration reporting
  • Advanced knowledge of MS Excel & Office; ability to use MS Excel for analysis, reporting and data cleansing; strong knowledge of formulas (VLOOKUP, IF, OR, INDEX, MATCH etc), data validation functionality, and creation of Pivot tables; ability to work with MS Excel VBA an advantage.


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