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Senior Compensation Specialist
Career Insights for Compensation / Benefits Specialist
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Scorecard
Based on Illinois data
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What they do
A Compensation or Benefits Specialist evaluates and works to maintain the pay structure and benefits program at an organization. Analyzes wage and salary data and trends, monitors market conditions; works with benefits vendors, processes benefit claims for employees; monitors government employment regulations. May focus specifically on job classifications and compensation or on benefits programs such as pensions.
$65,625 / year median in Illinois
-1% projected decline
Job Description
Job Description:
Job Description:
JOB OVERVIEW
The Senior Total Rewards Analyst supports the design, administration, governance, and continuous improvement of compensation and rewards programs that attract, retain, and engage employees. The role provides market analysis, compliance support, data-driven insights, and consultative recommendations to ensure programs remain competitive, equitable, well-controlled, and aligned with business needs.KEY RESPONSIBILITIES
- ESSENTIAL
FUNCTIONS
Compensation, Rewards, and Recognition Programs Administers, analyzes, and recommends improvements to compensation and rewards programs to ensure practices remain competitive, equitable, well-controlled, and aligned with business objectives. Supports the annual compensation cycle, including merit, bonus, and salary planning, by preparing budget models, planning tools, manager guidance, and related communications. Supports the design, administration, and auditing of annual and sales incentive compensation plans. Administers the Wheels Rewards recognition program, including platform and vendor management, budget tracking, award and badge issuance, participant support, and day-to-day program operations. Analyzes recognition program participation, utilization, and spend, and partners with the Director on program strategy, design enhancements, communications, and employee and manager enablement initiatives. Market Pricing and Job Architecture Leads market pricing activities by analyzing survey data, industry trends, and best practices to inform salary structures, incentive programs, compensation planning, and pay equity recommendations. Develops and maintains salary structures, pay grades, job levels, and career paths to support internal equity, market competitiveness, and consistent job architecture. Manages compensation survey vendor relationships and timely, accurate survey submissions to maintain reliable benchmarking data. Leads job description development and classification reviews and provides consultative guidance on job evaluations, FLSA status, salary grade alignment, internal equity, and compensation governance. Analytics, Reporting, and Systems Builds compensation models, scenario analyses, and cost-impact assessments for new hires, promotions, reorganizations, compensation programs, and headcount planning. Prepares and interprets compensation reports to identify trends, risks, insights, and improvement opportunities and translate findings into actionable recommendations. Configures and maintains Workday compensation data, including job profiles, compensation plans, grades, and data loads, and performs audits to ensure data accuracy, integrity, and effective controls. Compliance, Consultation, and Communication Partners with the Director, Compensation and Rewards, on pay equity reviews, compliance audits, and adherence to federal, state, and multi-state compensation requirements, including pay transparency, IRS, DOL, and FLSA regulations. Provides consultative recommendations for new hires, promotions, transfers, reorganizations, and other pay actions to support sound, equitable, and consistently governed compensation decisions. Builds consultative relationships with managers and HR partners to understand job responsibilities, organizational structures, and compensation needs. Develops total rewards communications, total compensation statements, manager guidance, and employee education resources, and supports training on compensation philosophy, salary planning, and bonus planning. General Models company culture and values while collaborating effectively with HR, management, and cross-functional partners. Supports special projects, cross-functional initiatives, and other duties as assigned.COMPETENCIES
- SKILLS Consultative influence, stakeholder partnership, and relationship building Business acumen, compensation judgment, and total rewards expertise Clear written and verbal communication, including the ability to translate complex data into actionable insights and recommendations Integrity, confidentiality, and ethical judgment Analytical rigor, strategic thinking, and financial modeling skills Data visualization, reporting, and continuous improvement mindset Project management and ability to manage competing priorities in a fast-paced environment Recognition program management, employee engagement, and inclusive collaboration
EDUCATION AND EXPERIENCE
Bachelor's degree in Human Resources, Finance, Business Administration, Economics, or a related discipline preferred; equivalent experience required. Minimum 5 years of compensation, benefits, or human resources generalist experience, including experience as a Compensation Analyst. Certified Compensation Professional (CCP) or other WorldatWork credential preferred; PHR, SPHR, SHRM-CP orSHRM-SCP
a plus. Demonstrated knowledge of employment laws and regulations, including Pay Transparency, Pay Equity, IRS, DOL regulations, and FLSA. Demonstrated experience with Payfactors and Workday, including the advanced compensation module and job profile and compensation data configuration. Demonstrated ability to handle highly confidential and sensitive compensation data with discretion and sound judgment.CORE VALUES
At Wheels, we believe in fostering a culture that is built on our Core Values and Guiding Principles. We cultivate a culture of excellence and innovation by upholding these values, driving our collective success and growth. Integrity- Always act with integrity and honesty. One Team
- Treat others with dignity and respect; act as a cohesive, inclusive and accountable team that is making a difference. Innovation
- Drive continuous improvement, spark creativity and embrace next generation thinking. Customer Success
- Ensure that customer and driver success is at the heart of everything we do.
CULTURAL ATTRIBUTES
At Wheels, our culture guides us how we work every day, and we look for team members who show these behaviors: Discipline Drives Quality- Plan the
Trip:
Think proactively, hold a high bar, follow through by leveraging experience and systems. To produce quality outcomes, we must be intentional and deliberate in everything we do, from big bets to daily execution. Intellectually CuriousFuel Your Minds:
Be bold, challenge assumptions, think differently, look outside the box. Strive to unlock your own thinking and create new possibilities. Commit and DeliverOwn It:
Take responsibility for your work, from start to finish, and be accountable for the results. Think and act like an owner of the business. Relationships Matter- the
Ride:
Trust is central, both with key internal and external stakeholders. Relationships are not a side effect of work but a driver of success.JOB SPECIFICATIONS, PHYSICAL DEMANDS AND WORK ENVIRONMENT
Work Environment:
This position is IL and operates in a professional office environment.Position Type/Standard Schedule:
This is a hybrid full-time position, Monday through Friday. Three days onsite in office.Travel:
No Travel required for this position.Physical Demands:
This role requires the ability to speak, hear, see, use a computer keyboard and phone, sit or stand for extended periods, and reach above the head to pull paper attachments.DISCLAIMER
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. Our Benefits Wheels recognizes benefits are a significant part of your employee experience, and we've created a robust benefits package that is market-leading, competitive offerings so you and your family can receive outstanding care. Please click here for an overview of the benefits available to you and your family.Pay Range:
94,000- 111,000 The base salary range for this position is listed above.
Benefits
- Bonuses/Stipends
- Dental Insurance