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Senior Compensation Analyst

Solutions for Today’s Challenges. Vision for Tomorrow’s Opportunities.

Join William Blair, the Premier Global Boutique.

William Blair has delivered trusted advice for nine decades, and we continue to deepen our expertise and relationships across regions, asset classes, and markets throughout North America, Europe, Asia, and Australia.

We are committed to our people and culture, values, clients, and local communities.

What sets us apart is that we are an independent partnership, with employees who have unique experiences, perspectives, and backgrounds. We provide advisory services, strategies, and solutions to meet clients’ evolving needs amid dynamic market conditions and varying industries.

We strive to attract the most qualified, passionate candidates who specialize in investment banking, investment management, private wealth management, and a variety of other business functions.

We work tirelessly to create an inclusive culture and take pride in fostering employees’ professional and personal growth. We empower our people to bring their best thinking each day so we can deliver the tailored, thoughtful work and problem-solving abilities that our clients expect.

Equally, we are proud of our long-term partnerships with the communities in which we live and work, a legacy we inherited from our founder.

We invite you to learn about how we are seeking excellence in everything we do and empowering our clients’ success with passion, creativity, and rigor. For more information, visit williamblair.com.

William Blair is searching for a Senior Compensation Analyst to join our dynamic team. This role requires working on-site two days a week at our Chicago office. This role assists in the day-to-day operations of compensation processes, conducts market research, and provides analytical support to ensure the effectiveness and competitiveness of compensation practices. This role will have a significant impact on William Blair’s compensation strategy by helping inform key strategic decisions which enable us to attract, motivate and retain top talent. The Senior Compensation Analyst partners with HR to make effective pay decisions that support employee engagement, while adhering to compensation policies and budgetary guidelines.

Responsibilities include but may not be limited to:​

  • Will be responsible for leading major compensation projects, partnering with teams across the organization.

  • Process compensation requests including job evaluations, salary recommendations for new hires/promotions, hiring range development and the year-end compensation cycle (merit and discretionary bonus).

  • Perform compensation analytics and market analysis activities, including participation in and interpretation of salary surveys, competitive analysis, and industry trends. Make data-driven recommendations for program adjustments based on market insights.

  • Documents and analyzes compensation policies, monitors the effectiveness of existing compensation practices and makes recommendations consistent with statutory compliance, compensation trends and our total rewards objectives.

  • Responsible for supporting the development and maintenance of William Blair compensation tools and programs, ensuring client readiness and on-time completion.

  • Provide data-driven analysis and insights to optimize compensation processes using systems like Workday, Payfactors and Syndio.

  • Will be expected to develop and maintain strong relationships with HR partners, talent acquisition, HRIS and business unit managers.

  • Stay abreast of compliance requirements for compensation laws and regulations across all global locations

Qualifications:

  • Bachelor’s degree in Human Resources, Business or related field.

  • Advanced analytical and financial modeling skills, with expert proficiency in Excel

  • Minimum of 5 years’ experience in compensation required

  • Experience working with external survey data sources and data warehouses. Experience with Aon Radford McLagan and Payfactors preferred.

  • Knowledge of compensation theory and practices a plus.

  • Analytical thinker with strong problem-solving skills with the ability to understand and communicate the meaning of the data being presented

  • Demonstrates exceptional organizational skills and meticulous attention to detail while successfully managing multiple high-priority projects, driving initiatives from conception to completion.

  • Strong executive presence with proven ability to influence senior leadership and communicate complex topics effectively

  • Demonstrated ability to handle confidential information with absolute discretion

#LI-KG1
#LI-Hybrid

A reasonable estimate of the current base salary range at time of posting is below. Base salary does not include other forms of compensation or benefits. Actual base salary within the specified range is based on several factors, including but not limited to applicant's skills, prior relevant experience, specific degrees and certifications, job responsibilities, market considerations and, if applicable, the location of the position.

This role is eligible for either a discretionary annual bonus (based on company, business unit and individual performance) and/or commission-based incentives.

Our featured benefit offerings include medical, dental and vision coverage, employer paid short & long-term disability and life insurance, 401(k), profit sharing, paid time off, Maven family & fertility benefit, parental leave (including adoption, surrogacy, and foster placement), as well as other voluntary benefits.  

Salary Range
$100,000$125,000 USD

 

William Blair is an equal opportunity employer. It complies with all laws and regulations that prohibit discrimination in employment practice because of race, color, religion, creed, ancestry, marital status, gender, age, national origin, sexual orientation, unfavorable discharge from the military service or on the basis of a physical or mental disability that is unrelated to the employee's ability to perform the duties of the job applied for. EOE m/f/d/v

Be aware of hiring scams: William Blair has clear processes and guidelines with regards to recruiting. We do not request personal financial information in connection with an employment application nor does William Blair extend any employment offers without first conducting an interview through one of its registered offices. William Blair does not use instant messaging services such as WhatsApp, Telegram, or iMessage as part of the recruiting or interviewing process.

Note to External Recruiters / Search Firms: William Blair does not accept unsolicited resumes and will not pay for any placement resulting from the receipt of an unsolicited resume. Any unsolicited resumes received will not be considered as a valid submission.

Download William Blair's privacy policies for job applicants:

Contact us should you have any questions or concerns.

Average salary estimate

$112500 / YEARLY (est.)
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$100000K
$125000K

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What You Should Know About Senior Compensation Analyst, William Blair

At William Blair, we're thrilled to announce an exciting opportunity for a Senior Compensation Analyst to join our dynamic team located in the heart of Chicago, Illinois. With over nine decades of delivering trusted advice, we pride ourselves on creating a culture that emphasizes collaboration and innovation. The Senior Compensation Analyst will play a pivotal role in driving our compensation strategies, ensuring we remain competitive while attracting and retaining the brightest talent in the industry. You'll be right in the action, partnering with our HR team on significant compensation projects, handling job evaluations, and analyzing market trends. Leveraging your advanced analytical skills, you'll perform in-depth compensation analytics, participate in salary surveys, and offer data-driven recommendations that shape our total rewards objectives. We value meticulous attention to detail and the ability to manage multiple priorities, and we are looking for someone who can bring that expertise to life in a supportive, inclusive environment. If you're passionate about making impactful pay decisions and helping to develop tools that enhance our compensation practices, we encourage you to explore this opportunity at William Blair—a place where your insights will directly inform strategic decisions and contribute to our mission of empowering clients with creative solutions.

Frequently Asked Questions (FAQs) for Senior Compensation Analyst Role at William Blair
What are the main responsibilities of a Senior Compensation Analyst at William Blair?

As a Senior Compensation Analyst at William Blair, your main responsibilities will include leading major compensation projects, processing compensation requests, conducting market research, and performing compensation analytics. You'll collaborate closely with HR to devise effective pay strategies that support employee engagement and adhere to our compensation policies.

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What qualifications are required for the Senior Compensation Analyst position at William Blair?

To become a Senior Compensation Analyst at William Blair, you need at least a bachelor’s degree in Human Resources or a related field and a minimum of 5 years of experience in compensation. Advanced analytical skills, particularly in Excel, and experience with compensation data sources like Payfactors are highly desirable.

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What analytical tools do Senior Compensation Analysts at William Blair use?

Senior Compensation Analysts at William Blair utilize various analytical tools, including Workday, Payfactors, and Syndio. Your role will involve data-driven analysis to optimize compensation processes, ensuring we have the most effective tools available.

Join Rise to see the full answer
How does the Senior Compensation Analyst at William Blair influence pay strategies?

In the Senior Compensation Analyst position, you will directly influence pay strategies by making data-informed recommendations based on market insights and trends. Your findings will not only shape compensation practices but also support the broader organizational goals related to talent acquisition and employee retention.

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What is the work culture like for a Senior Compensation Analyst at William Blair?

William Blair's work culture emphasizes inclusivity and collaboration. As a Senior Compensation Analyst, you'll enjoy a supportive work environment where your contributions are valued, and you're encouraged to bring your best thinking to the table. We believe in empowering our analysts to make impactful decisions while maintaining a balance between professional and personal growth.

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Common Interview Questions for Senior Compensation Analyst
What experience do you have with compensation analytics?

Discuss your hands-on experience with compensation analytics, focusing on specific tools like Excel or Payfactors you've utilized. Provide an example of a project where your analysis led to significant recommendations or improvements in compensation strategy.

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Can you describe a successful compensation project you led?

Outline a specific project where you played a key role, detailing your responsibilities, challenges faced, and how you approached resolving them. Emphasize your collaborative work with HR or leadership teams and the positive impact of the project results.

Join Rise to see the full answer
How do you stay updated on compensation trends and legislation?

Mention different resources you use such as industry publications, professional organizations, and salary surveys. Highlight your proactive approach in attending relevant workshops or webinars that help you remain knowledgeable in compensation practices.

Join Rise to see the full answer
What steps do you take to ensure confidentiality in compensation data?

Explain the importance of discretion and integrity in handling sensitive compensation information. Discuss your adherence to company policies and legal requirements, demonstrating your understanding of the significance of confidentiality in compensation roles.

Join Rise to see the full answer
How do you handle disagreements with management regarding compensation recommendations?

Share your approach to conflict resolution, emphasizing your ability to communicate effectively and present data-driven insights to support your position. Highlight how you prioritize maintaining a collaborative relationship while advocating for fair compensation practices.

Join Rise to see the full answer
What analytical methods do you employ to assess compensation competitiveness?

Discuss various analytical techniques, such as market benchmarking and competitive analysis, that you use to evaluate compensation packages. Provide examples of how this analysis has influenced pay structure decisions in your previous roles.

Join Rise to see the full answer
What tools have you used for compensation management?

Mention software and tools you have experience with, such as Workday or Syndio. Describe how you've leveraged these technologies to optimize compensation processes and how they improved efficiency or data accuracy in previous positions.

Join Rise to see the full answer
What do you consider when developing a compensation strategy?

Explain the key factors that influence your compensation strategy development, including market insights, employee feedback, organizational budget, and compliance issues. Provide insights into how you prioritize these elements.

Join Rise to see the full answer
How do you ensure that your recommendations align with company values?

Discuss your understanding of William Blair's values and how you incorporate them into your compensation recommendations. Emphasize your commitment to fostering inclusivity and fairness in pay practices in line with the company culture.

Join Rise to see the full answer
What is your experience with job evaluations?

Describe your experience with conducting job evaluations, highlighting methodologies used and how you ensure consistency and fairness during the evaluation process. Provide an example that showcases your ability to align job roles with compensation structures.

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Empower Colleagues. Deliver Client Success. Engage in Our Communities. At William Blair, serving our clients begins with the capabilities and collaboration of our teams - making our employees our most important asset. We believe that when we cre...

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Full-time, hybrid
DATE POSTED
February 17, 2025

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