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Compensation Analyst
Compensation AnalystAce Hardware Corporation • Oak Brook, IL, United States
Compensation Analyst

Compensation Analyst

Ace Hardware Corporation • Oak Brook, IL, United States
[job_card.variable_days_ago]
[job_preview.job_type]
  • [job_card.full_time]
[job_card.job_description]

As a Compensation Analyst at Ace Hardware, you will play a key role in implementing and administering our compensation philosophy and programs for a diverse workforce, including corporate, distribution, and field-based employees. This position will provide analytical and other professional level compensation support as it relates to the annual merit process, incentive programs, job documentation, job evaluation, salary administration, salary survey data collection, legal compliance research and special studies. This role is essential in ensuring competitive, compliant, and effective pay practices that support Ace's business objectives and values.

  • This is a hybrid position, requires the candidate to work at our Corporate Headquarters in Oak Brook, IL.

What You'll Do

  • Assist with interpretation and administration of compensation programs, including annual merit and incentive plans
  • Create and maintain compensation pay plans and salary structures for all locations
  • Lead annual merit process execution, including testing, costing, communications, and audits
  • Audit incentive goals and analyze reports to ensure accuracy
  • Perform job evaluations and partner with HR to review and document roles using Hay Point Factor tool
  • Conduct salary and labor market research; participate in annual salary surveys
  • Advise HR Business Partners and managers on compensation issues
  • Monitor compliance with laws and regulations; research new compensation practices
  • Perform compensation-related audits and process changes
  • Who You Are

    You are extremely detail-oriented and passionate about using data to drive fair and competitive pay practices. You thrive in a fast-paced, collaborative environment and enjoy solving problems with analytical precision.

    Required Skills

  • Minimum 3 years' experience, including 2 years in broad-based compensation and incentive pay
  • Bachelor's degree in HR, Finance, or related field
  • Strong analytical skills and proficiency in Excel, PowerPoint, and Word
  • Experience with HRIS systems, preferably Workday
  • Excellent communication and consultative skills
  • Preferred Skills

  • CCP certification
  • #LI-JK1

    Compensation Details :

    $76300 - $95500 per year

    Why should you join our team?

    We live our values - W.E.L.I.G.H.T (Winning, Excellence, Love, Integrity, Gratitude, Humility, and Teamwork). Gratitude. Humility. Love. You don't often see values like these in most corporate statements, but Ace is different. These things are important to us. They represent our commitment to the company, our employees, to Ace retailers and to the Ace brand.

    In addition to providing our employees a great culture, Ace also offers competitive benefits

  • that address life's necessities and perks, many of which expand and improve year after year, including :
  • Incentive opportunities, based on role / grade level (rapid company growth over the past 5 years resulted in incentives being paid out at an average of 122% of your target opportunity!)
  • Generous 401(k) retirement savings plan with a fully vested matching contribution the first year in addition to quarterly contributions and annual discretionary contribution (once eligibility requirements have been met). Over the past 5 years, company contributions (matching, quarterly & discretionary) for fully eligible employees have averaged 10.4% of total eligible compensation.
  • Comprehensive health coverage (medical, dental, vision and disability - up to 26 weeks short-term disability and long-term disability ) & life insurance benefits for you and your dependents
  • 21 days of vacation immediately available (prorated in the first year) and up to 6 paid holidays depending on the month of hire
  • Your career at Ace is more than just a job. It's a chance to be part of something meaningful. We help locally-owned businesses thrive and make an impact in their communities - and we support our employees in doing the same by offering an annual Ace Cares Week, 20 hours off work per year to volunteer at an organization of your choice, opportunities to help Children's Miracle Network Hospitals and the Ace Helpful Fund through the Ace Foundation
  • Ace invests in every employee we hire, with a key focus on development and coaching. We offer on-site classes, facilitator-led courses, and a generous tuition assistance program, plus a performance management approach that goes beyond the typical annual review
  • We know the work environment matters. That's why Ace holds frequent campus events like Employee Appreciation Week, vendor demos, cookouts, and merchandise sales
  • We bring them to you! Services such as mobile spas, auto maintenance, car wash and detailing, dry cleaning, dentists, eye doctors, flu shots, recycling and more!
  • Employee discounts on Ace merchandise (including top brands like Weber, Traeger, Yeti, Craftsman, DeWalt and more), travel, fitness, computers and thousands more
  • Birth / Adoption bonding paid time off
  • Adoption cost reimbursement
  • Employee Assistance Program (EAP) - access to free visits to therapists and lawyers, guidance on financial matters, elder and childcare, and assistance with tickets to entertainment events
  • Identity theft protection
  • Benefits are provided in compliance with applicable plans and policies.
  • Want to be notified when new jobs are posted? Follow the link below to create an account and set up custom job alerts :

    Create Job Alert

    We want to hear from you!

    When most people think of career opportunities with Ace Hardware, they often think of the helpful cashiers and sales associates at their local store. However, have you also considered the people behind the scenes who select, promote, ship and process the invoices for more than 75,000 products? Maybe you haven't, but we'd like you to. Because together we help our customers take care of their homes. Come find out why a career with the Ace Hardware Corporation is one of America's best kept secrets.

    Equal Opportunity Employer

    Ace Hardware Corporation is committed to a policy of promoting equal employment opportunities. The company recognizes the importance of diversity and leveraging the skills and talents of all people to the mutual advantage of each individual and the organization. The company is committed to the prevention of employment discrimination related to race, religion, color, sex (including sexual harassment), gender identity, national origin, age, marital status, disability and military or veteran status, sexual orientation or any other action covered by federal or applicable state / local laws.

    Disclaimer

    The pay range for this position starts as listed in the job posting, but could be higher based on education and experience. Please note, compensation decisions are dependent on the facts and circumstances of each opening. We take into consideration the minimum requirements outlined in the job description, such as an individual's education, training and experience, the position's work location, required travel (if any), and external market conditions when determining the final salary for potential new hires.

    Be aware that salary estimates published via alternate online job boards may not be a true representation of the actual pay range offered for this position. Please refer to the Ace position description for the accurate starting pay range information and feel free to discuss this with a Talent Acquisition professional if you are chosen to move forward with an interview.

    This written "Position Description" is not intended to cover all aspects of the position listed. It is meant to cover the basic / general essential job functions of a particular position. Ace Hardware Corporation reserves the right to change job duties, including essential job functions, according to business necessity.

    It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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