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Manager, Compensation-Chicago

TransUnion

TransUnion

Chicago, IL, USA
Posted on Wednesday, March 27, 2024

What We'll Bring:

At TransUnion, we strive to build an environment where our associates are in the driver’s seat of their professional development, while having access to help along the way. We encourage everyone to pursue passions and take ownership of their careers. With the support of colleagues and mentors, our associates are given the tools needed to get where they want to go. Regardless of job titles, our associates have the opportunity to learn new things and be a leader every day.

Come be a part of our team – you’ll work with great people, pioneering products and cutting-edge technology.

This role will act as a leader in Compensation consulting and is responsible for managing the implementation and delivery of a variety of compensation programs and tools/processes. Play a key role in the planning and execution of the global compensation programs including but not limited to job architecture design and implementation, annual Year-end compensation planning and core HR systems administration and compliance (Workday, Market Pay, etc.).

Support the administration and lead in the discovery of global compensation policies and process, including job evaluation, pricing, documenting practices and processes, building efficiencies in systems, pay education, global pay compliance, and developing global compensation practices and structures.

This role will support multiple facets of annual compensation cycle including budgeting process, creating salary ranges, market data prep, WD compensation system requirements and testing, costings, career path analysis, and communications in support of our HR Partners.

What You'll Bring:

  • 3+ years of direct broad based compensation experience
  • Compensation or HR Certifications preferred (i.e. GCP, CCP, SHRM, PHR)
  • Strong analytical and problem-solving abilities
  • Extensive knowledge of broad-based and international compensation policies and programs and associated international compliance issues
  • Proficiency in Microsoft Excel, PowerPoint, and Word
  • Ability to analyze data proficient in MS Excel
  • Excellent project management, organizational, and follow-up skills necessary to prioritize and complete multiple projects and tasks and effectively meet deadlines
  • Innovative team player with skills to influence and communicate at all levels
  • Excellent documentation, communication, and presentation skills; attention to details focusing on completeness and accuracy of information
  • Demonstrated ability to work independently and within a team, conduct research, cost analysis, formulate conclusions and present conclusions regarding business issues
  • Verbal, written and interpersonal skills necessary to communicate effectively with all levels of the organization
  • Must be legally authorized to work in the United States for any employer without sponsorship
  • Successful completion of interview required to meet job qualification
  • Reliable, punctual attendance is an essential function of the position
  • Bachelor's degree

Impact You'll Make:

The Advisor, Global Compensation will act as a global consulting manager have the opportunity to gain broad exposure to the various aspects of compensation consulting and to provide direct support to the design and implementation of several global core compensation programs and processes. This also includes market data intelligence gathering and governance as well as global compensation administration and compliance.

  • Core Compensation programs administration, development, process alignment, and support to global HR partners and business leaders
  • Support the administration of global common compensation review process, including preparation of data and system, communication and training to HR Partners, and consolidation of data for approvals
  • Provide the analysis and develop annual salary increase, supporting the annual year-end process, etc.
  • Utilize market data to analyze and develop an approach to organizational pay practices and make recommendations for salary changes to ensure internal equity and long-term strategic investment in our associates
  • Respond to management and HR partners to requests for ad hoc job analyses and salary recommendations
  • Partner with local country HR to analyze market data and to create competitive compensation recommendations and evaluate job level and salary range recommendations
  • Support the completion of domestic and international annual salary survey submissions; support any data pricing updates
  • Participate in compensation surveys in all pertinent countries, maintain market data database with up-to-date job always matching, including loading new survey data, employee data, and job matches
  • Analyze results of salary surveys for client's benchmark and non-benchmark jobs
  • Proactively collaborate using research and market analysis to make recommendations and administer processes improvements
  • Continuously find opportunities to improve, automate and streamline processes
  • Administer the retention bonus program including draft agreements, tracking the acceptance and retention rates
  • Apply knowledge of compensation policies and procedures to recommend and implement solutions
  • Support the develop communications announcing compensation programs, timelines, and changes
  • Assist with compensation compliance requirements including minimum wage analysis and works in support of the broader pay equity activities, supervisor compression analysis, etc
  • Support job evaluations, reclassifications, and reorganizations to determine appropriate salary, grade and job title governance
  • Determine FLSA job classification and formal grade range assignment for all jobs by performing job analysis and applying job evaluation methodology
  • Perform regular audits of the data to ensure changes are within guidelines and have all vital approvals
  • Partner, coach and develop peers and other team members by providing feedback, support, guidance, etc.
  • Contribute to the effectiveness of the year-end annual compensation planning cycle, promotion process, bonus payout, and pay for performance.
  • May lead or participate on special compensation projects and may perform other initiatives as assigned by department leadership.

Benefits:

TransUnion provides flexible benefits including flexible time off for exempt associates, paid time off for non-exempt associates, tuition reimbursement, additional (following any short-term disability) 10 weeks of parental leave with gradual return, adoption assistance, fertility coverage, spousal and domestic partner benefits, charity gift matching, employee stock purchase plan, retirement contributions with employer match, organizational growth potential through our online learning platform with guided career tracks, and access to TransUnion’s Employee Resource Groups.

We are committed to being a place where diversity is not only present, it is embraced. As an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability status, veteran status, genetic information, marital status, citizenship status, sexual orientation, gender identity or any other characteristic protected by law.

TransUnion's Internal Job Title:

Advisor, Compensation

TransUnion is an equal opportunity employer.