Career Education Corporation
Supports broad-based and executive compensation programs. Responsible for providing expertise on compensation practices, policies and processes.
Conducts analyses of jobs, base pay, and incentives in order to inform program design, determine structure adjustments and salary increase budgets, determine appropriate grade assignment, and ensure legal compliance of the Company’s pay practices.
Provide guidance and make recommendations to HRBPs and management on compensation matters.
Principal Duties & Responsibilities
Performs deep analysis on effectiveness and competitiveness of existing compensation programs and models potential impact of design of new programs. Develops complex compensation models, reports and analysis used to analyze activity and to support recommendations to management.
Meets with management and/or HRBPs to assess new job requests. Conducts analysis of jobs including job evaluation, leveling and market pricing in order to determine salary grade placement for corporate and school jobs. Determines FLSA status.
Participates in the company’s cross-functional equity team to ensure appropriate timing and handling of key equity related responsibilities which may include: award approval, execution and communication, award administration, management of
third-party administrators (i.e. E*TRADE), supervising the creation and submission of required maintenance reporting with E*TRADE.
Assists with the management and administration of variable compensation programs including the development of: complex modeling and analysis, quarterly accrual reporting, plan mechanics and processes, plan documentation, appropriate communications, as well as other high level reporting.
Develops and maintains appropriate documentation supporting variable compensation
Participates in salary surveys. Loads survey data into market data management program. Maintains benchmark job data and employee data.
Analyzes salary survey data, evaluates market trends, and makes recommendations regarding organizational salary adjustments, merit budgets, structure adjustments (including geographic structures) and incentive and equity eligibility levels. Performs various scenario analysis and presents to management as requested.
Provides advice and counsel to HRBPs and to managers on CEC’s compensation philosophy and pay policies and regarding pay recommendations.
Participates in or leads various projects relative to the review, design or modification of compensation programs, policies or processes.
Suggests methods to simplify/enhance processes.
Assists in the development and administration of pay administration processes and guidelines.
Ensures compliance with state, local and federal laws and regulations, company policies and procedures by adhering to corporate systems, policies and governmental regulations.
Knowledge, Skills and Abilities, Competencies
Solid knowledge of compensation theory, practices and principles, compensation structures and market pricing and compensation administration.
Knowledge of broad-based compensation design, management and administration, organizational structure, market pricing, and long and short term incentive plan design, management and administration.
Knowledge of regulatory, disclosure, tax and accounting requirements surrounding broad-based compensation and executive compensation. Solid knowledge of PeopleSoft, market data management systems, salary planning systems (PeopleSoft eCompensation), and equity software/vendors (E*TRADE).
Knowledge of related federal and state legislation and regulations which includes those that are education related as well as HR related.
Advanced knowledge of Excel, PowerPoint and Word.
Ability to multi-task in a fast paced environment with multiple changing priorities
Must be detail-oriented, with proven, excellent quantitative, analytical, organizational, research, and presentation skills.
Ability to compile, analyze and interpret large data sets and produce recommendations; skilled in statistical analysis.
Strong consulting and communication skills required to work with HRBPs and managers.
Strong interpersonal skills and the ability to work effectively as a member of the team.
Must exercise sound judgment and be able to handle confidential information with discretion
Education and Experience: Minimum
Requires a bachelor’s degree in human resources, business or finance. Requires 5 to 7 years of experience in a broad-based and/or executive compensation role with at a minimum of 2-3 years at an analyst level.
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Career Education Corporation
Website : http://www.careered.com
The colleges, schools and universities that are part of the Career Education family offer high-quality education to a diverse student population in a variety of career-oriented disciplines through online, on-ground and hybrid learning program offerings. It serves students from campuses throughout the United States, offering doctoral, master’s, bachelor’s and associate degrees and diploma and certificate programs. Career Education is an industry leader whose institutions are recognized globally. Those institutions include American InterContinental University (AIU); Colorado Technical University (CTU); and Le Cordon Bleu North America. Through its schools, Career Education is committed to providing high-quality education, enabling students to graduate and pursue rewarding career opportunities.