Sr. Analyst, Compensation

Job Summary
The Compensation Manager is responsible for supporting the design, implementation, and administration of Novolex’s compensation programs. The Compensation Manager partners with HR Business Partners, Talent Acquisition, and internal stakeholders to deliver data‑driven, consistent, and equitable compensation recommendations.

This role is remote‑based, with a preference for candidates located near our Lake Forest, IL or Charlotte, NC offices.

Compensation
A reasonable estimate of the current range is $115,000 + bonus + benefits. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Pay is determined by job‑related skills, experience, and relevant education or training.

Essential Functions & Key Responsibilities
Compensation Strategy & Program Management

Partner in the development, delivery, and ongoing maintenance of base pay structures, salary ranges, and job architecture frameworks.

Conduct market analysis using industry salary surveys; benchmark roles to ensure competitive and equitable pay practices.

Support the design and administration of annual compensation cycles (merit, promotions, market adjustments, and incentive programs).

Lead compensation program updates, including communication, process improvements, and system enhancements.

Present compensation recommendations and insights to leadership in a clear, data‑driven manner.

Job Evaluation

Conduct job evaluations for professional and management level roles and determine appropriate job levels and salary grades.

Ensure consistency and compliance with compensation policies, job leveling guidelines, and organizational frameworks.

Partner with HR and business leaders to review role changes, reorganizations, and workforce planning needs.

Analytics & Compliance

Perform complex compensation analysis using internal data and market insights to identify trends, risks, and opportunities.

Ensure compliance with applicable federal, state, and local wage and hour laws, including FLSA classification.

Maintain data integrity across HRIS and compensation systems; partner with HRIS to support compensation‑related system updates.

Process Leadership & Continuous Improvement

Lead compensation‑related projects (e.g., market studies, job architecture refresh).

Develop compensation tools, guides, and communication materials for HR and business leaders.

Recommend process improvements to enhance efficiency, accuracy, and employee experience.

Candidate Requirements

Bachelor’s degree in Human Resources, Business, Finance, or related field (preferred).

5+ years of progressive compensation experience, including experience with job evaluation, salary surveys, market pricing, and compensation program administration.

Strong analytical skills with demonstrated proficiency in compensation modeling and data analysis.

Experience administering annual merit cycles and compensation programs.

Proficiency in Excel and HRIS/compensation systems (e.g., Workday, SuccessFactors, AON/Radford).

Strong understanding of FLSA regulations, compensation compliance requirements, and market pricing methodology.

Preferred

Experience with Workday-Advanced Compensation Module.

CCP certification (or progress toward CCP).

Experience supporting multi‑state or global compensation programs.

Benefits
We offer comprehensive and competitive benefits that include 401(k) plan with company match, comprehensive medical, dental, and vision insurance, flexible spending and health savings accounts, paid vacation, sick days, paid parental leave, paid holidays, a wellness program, and additional well‑being resources focused on mental, physical, and financial health.

Novolex is committed to providing equal employment opportunity in all employment practices, including but not limited to selection, hiring, promotion, transfer, and compensation to all qualified applicants and employees without regard to age, race, color, national origin, sex, pregnancy, sexual orientation, gender identity, religion, handicap or disability, genetics, citizenship status, service member or veteran status, or any other category protected by federal, state, or local law. Any individual who, because of his or her disability, needs an accommodation in connection with an aspect of the Companys application process should contact View email address on click.appcast.io.

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