EY Compensation Manager, Assistant Director - Location Open in Chicago, Illinois
At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.
EY is has an opportunity for you as an experienced compensation professional to develop and drive compensation programs, including base compensation, variable pay and recognition programs. You will provide compensation consulting services to various stakeholders across the firm. You will be responsible for key compensation functions including market analysis, survey participation; assisting with the design and development of base salary and variable pay compensation plans and programs, compensation education/training and other consulting services.
Your key responsibilities
You will serve as a compensation consultant by:
Assist in development and execution of pay programs that are market competitive and recognize and drive performance
Manage compensation related projects.
Interpret and advise on compensation policies and procedures.
Analyze market data and internal salary data to provide customized job analysis
Research and develop recommendations for design, communication, implementation and administration of base salary and variable pay compensation programs, practices, polices and systems which are aligned with firm philosophies and strategies.
Manage year-end compensation for designate business practices
Monitor trends in base pay and variable pay compensation and recommends enhancements that will aid in retention, motivation, and recruitment of talent.
Recommend updates to compensation practices, merit budgets and salary range structures based on the research and analysis of salary surveys and other available competitive information sources to maintain a competitive compensation program.
Manage the review, analysis, evaluation of job descriptions based on job responsibility using established evaluation systems to determine salary grades.
Apply knowledge of compensation policies and procedures and compensation legislation to make sure firm polices, practices and programs comply with legal standards
Skills and attributes for success
Experience researching and providing analysis regarding the design, communication, implementation and administration of base salary and variable pay compensation programs.
You have evaluated and benchmarked jobs analyzing various pay components to determine compensation goals.
You will monitor trends in base pay and variable pay compensation and recommend enhancements.
You will utilize your understanding of advanced principles and concepts to a wide range of work in a complex functional area and work independently on complex projects.
You will leverage strong data analysis skills providing data analysis and developing insights from variety of data sources.
To qualify for this role, you must have
Experience developing, communicating, and administering base and variable pay program
Advanced proficiency in using Excel for high level data manipulation and formula driven model building will be critical along with your knowledge of how to present analysis findings and present insights
Knowledge of theory and practice required, including relevant laws and regulations within a specific functional area
Bachelor’s degree or equivalent work experience.
Approximately 10+ years in talent, compensation, or another related field
What we offer
We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
The exceptional EY experience. It’s yours to build.
EY | Building a better working world
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
EY is an equal opportunity, affirmative action employer providing equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, protected veteran status, disability status, or any other legally protected basis, in accordance with applicable law.