Compensation Analyst Salary in Libertyville, Illinois

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Average Salary for Compensation Analyst in Libertyville, Illinois

The average salary of a(n) Compensation Analyst in Libertyville, Illinois is $83,239.

The average hourly rate of a(n) Compensation Analyst in Libertyville, Illinois is $40.02.

The average bonus of a(n) Compensation Analyst in Libertyville, Illinois is $3,305.00.

Job Description:

Assesses and performs analysis on collected wage data, and prepares wage and salary data to facilitate compensation and management functions of organization. Converses with management to determine type, scope, and purpose of analyses. Examines and evaluates executive and non-executive positions. Responsibilities are of a professional level, and require understanding of both compensation theory and practice. Excludes paraprofessional positions. Works with computer or other analytic tools. Prepares reports and analyses. Works with other analysts and supervisors to complete assigned project work. Studies current organizational wage and salary data, and compiles reports, organization and flowcharts, and other information. Collects and analyzes occupational data, such as physical, mental, and training requirements of jobs and workers and develops written summaries, such as job descriptions, job specifications, and lines of career movement. Audits and recommends changes to salary structures and position classifications. Utilizes developed occupational data to evaluate or improve methods and techniques for recruiting, selecting, promoting, evaluating, and training workers, and administration of related personnel programs. Reviews wage and salary adjustments for conformance to policy. May observe jobs and interview workers and supervisory personnel to determine job and worker requirements. Less

Assesses and performs analysis on collected wage data, and prepares wage and salary data to facilitate compensation and management functions of organization. Converses with management to determine type, scope, and purpose of analyses. Examines and evaluates executive and non-executive positions.... More

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