Compensation Analyst

​Heidrick & Struggles (Nasdaq: HSII) is the world’s foremost advisor on executive leadership, driving superior client performance through premier human capital leadership advisory services. For more than 70 years, we’ve delivered value for our clients by leveraging unrivaled expertise to help organizations discover and enable outstanding leaders and teams. Learn more at www.heidrick.com

Job Description:

Who we Are

Heidrick & Struggles (Nasdaq: HSII) is a premier provider of global leadership advisory and on-demand talent solutions, serving the senior-level talent and consulting needs of the world's top organizations. In our role as trusted leadership advisors, we partner with our clients to develop future-ready leaders and organizations, bringing together our services and offerings in executive search, diversity and inclusion, leadership assessment and development, organization and team acceleration, culture shaping and on-demand, independent talent solutions. Heidrick & Struggles pioneered the profession of executive search more than 70 years ago. Today, the firm provides integrated talent and human capital solutions to help our clients change the world, one leadership team at a time.®

Additional information on the firm can be found at www.heidrick.com.

The Role

The Compensation Analyst is part of the Global Total Rewards team and plays a key role in analyzing and preparing information related to broad-based pay programs and competitive benchmarking, including data collection and analytics. The Compensation Analyst is responsible for assisting in the preparation, administration, and communication of compensation programs, including base pay, short and long-term incentive pay, job evaluation and competitive market research. Additionally, this role supports in the development and administration of compensation policies and creates models for “what if” scenarios and incentive decisions.

Responsibilities

• Conduct benchmarking analyses of jobs and compensation programs through market research on an ongoing basis; consult with leaders and other key stakeholders on findings.
• Analyze compensation market research results to evaluate the relative impact on individuals’ compensation, budget planning and global salary structures.
• Audit and evaluate jobs internally to ensure equitable wage and salary rates of current workforce.
• Assist in developing, implementing and administering compensation policies and procedures, practices, and programs including base pay and incentive pay.
• Develop compensation models to support “what if” analyses to inform proposals that impact salary structures, incentives, and other pay decisions; manipulate data and formulas in spreadsheets to produce complex reports and metrics.
• Support annual compensation planning processes, including global promotion, merit, bonus & equity allocation process in collaboration with HR & finance.
• Participate in compensation market surveys; complete external salary survey requests.
• Assist in implementing compensation actions and administrative processes in Workday; assist in creating and maintaining plan documentation, eligibility rules, reporting, year-end configuration, and testing. 
• Prepare and distribute year-end compensation statements for employees.
• Assist in completing special projects, acting as the Compensation subject matter expert for project stakeholders.
• Keep abreast of global compensation trends as well as federal, state, local, and/or provisional laws and regulations.
• Other duties as assigned.

Required Qualifications

• Bachelor’s degree in Human Resources, Finance, Economics, Business, Accounting or related field.
• Minimum of two years of experience in compensation administration or complex data analytics.
• Ability to be discreet with confidential company and employee information.
• Experience designing and developing complex financial models in Excel; must have advanced Excel and analytical skills, including Pivot tables and v-lookups.
• Advanced reporting and database skills, including creating reports, updating data, running queries, etc.
• Strong analytical skills; ability to investigate and resolve data discrepancies and inconsistencies.
• Strong organizational skills with ability to prioritize work with minimal supervision.
• Strong detail orientation and commitment to quality and accuracy in work.
• Proven experience providing highest levels of service to both internal and external stakeholders.
• Ability to work independently, managing time to complete multiple concurrent tasks and project objectives.
• Demonstrated strong work ethic and ability to work flexible hours as needed.
• Excellent verbal and written communication skills, including the ability to effectively communicate complex compensation concepts to non-compensation professionals.
• Ability to drive results and meet strict deadlines.

Preferred Qualifications:

• Experience with Workday.
• Experience in professional services.
• Advanced Excel skills.

Pay Range Guidelines for this Position:

The salary range for this position is 75000 USD to 95000 USD. Compensation is based on several factors including but not limited to education, work experience and skills. In addition to your salary, Heidrick & Struggles offers discretionary bonuses (subject to eligibility requirements) and a comprehensive benefits package including: medical, dental, vision, disability leave, parental leave, paid time off and 401k contribution (all benefits are subject to eligibility requirements). Note: we have a location based compensation structure; there may be a different range for candidates in other locations.

Heidrick & Struggles is an equal opportunity employer committed to hiring qualified protected veterans and individuals with disabilities. All qualified applicants will be considered for employment without regard to race, color, religion, creed, age, sex, national origin, gender identity or expression, sexual orientation, disability, marital status, veteran or military status, or citizenship status.