Senior Compensation Partner - Chicago Illinois

Company: Vizient, Inc.
Location: Chicago, Illinois
Posted On: 01/15/2025

When you're the best, we're the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents while living and working as their authentic selves. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.Summary:In this role, you will assist in the development, design, implementation, and management of company compensation programs. You will act as an advisor and technical expert on compensation-related matters. You will administer compensation programs and activities while ensuring internal equity, external competitiveness, and compliance with all applicable laws, regulations, and organizational policies.Responsibilities:

• Support compensation strategy by developing, recommending, implementing, and maintaining base salary and variable pay programs.
• Oversee the merit review cycle and annual incentive cycles.
• Participate in sales compensation plan management including eligibility determinations and plan design.
• Participate in compensation surveys to collect and analyze competitive salary information to determine company's competitive position.
• Initiate market pricing and job evaluation activities, including matching internal positions to external data and formulating recommendations.
• Maintain job profiles and ensure accuracy of data in Human Resource (HR) systems. (Set up, maintain and audit compensation in Workday software).
• Audit pay practices to ensure compliance with federal and state legislation applicable to wage and hour laws and regulations.
• Partner with HR Business Partners and Management on routine activities, ad hoc requests and projects.Qualifications:
  • Relevant degree in Business, Human Resources or related field preferred.
  • 5 or more years of relevant work experience in employee compensation required.
  • Workday experience strongly preferred.
  • Knowledge of all federal, state and local regulations and compliance requirements as they apply to base compensation and incentive compensation programs.
  • Broad, practical knowledge of Compensation and Human Resource Information System techniques and methods.
  • Ability to analyze and interpret data and statistics associated with compensation tasks.
  • Highly organized, able to multitask with the ability to prioritize competing demands, meet deadlines and quickly adapt to change.
  • Proficient in MS Office Suite (Microsoft Excel, Word and PowerPoint, etc.)
  • Significant attention to detail in the maintenance of spreadsheets, databases and communications.
  • Strong business acumen and the ability to respond to request for information in a courteous manner.
  • Strong oral and written skills to prepare comprehensive and clear written documents, presentations and policies.
  • Excellent organization and time management skills to manage competing priorities.#LI-JS1#IDSEstimated Hiring Range:At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances. The current salary range for this role is $77,400.00 to $127,600.00.This position is also incentive eligible.Vizient has a comprehensive benefits plan! Please view our benefits here:http://www.vizientinc.com/about-us/careersEqual Opportunity Employer: Females/Minorities/Veterans/Individuals with DisabilitiesThe Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law. More...

        

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