Executive Rewards Senior Analyst

Mars, Incorporated is seeking a highly analytical and driven individual to join our team as the Executive Rewards Senior Analyst. This is a unique opportunity to be a part of a globally recognized organization that is committed to delivering quality products and services to our customers. We are looking for an individual who is passionate about rewards and compensation strategies, and who can effectively analyze and recommend executive compensation packages. As the Executive Rewards Senior Analyst, you will play a key role in shaping the compensation structure for our executive team, ensuring that it aligns with our business goals and objectives. If you have a strong background in compensation analysis and are looking for an exciting new challenge, we encourage you to apply.

1. Conduct in-depth analysis of executive compensation packages and make recommendations for improvements based on industry trends and company goals.
2. Collaborate with HR and finance teams to ensure executive compensation aligns with company budget and financial goals.
3. Stay up-to-date on industry best practices and trends in executive compensation to inform decision-making.
4. Develop and maintain executive compensation policies and procedures to ensure compliance with legal and company standards.
5. Act as a subject matter expert on all matters related to executive compensation, providing guidance and support to colleagues and executives.
6. Conduct market research to benchmark executive compensation against competitors and make adjustments as needed.
7. Communicate and present executive compensation plans and updates to senior leadership and key stakeholders.
8. Monitor and track executive compensation data to ensure accuracy and provide insights for decision-making.
9. Collaborate with external vendors and consultants to gather data and insights on executive compensation.
10. Evaluate and recommend changes to existing executive compensation plans to drive employee engagement and retention.
11. Work with cross-functional teams to develop and implement new executive compensation programs and initiatives.
12. Ensure compliance with all legal and regulatory requirements related to executive compensation.
13. Analyze and forecast executive compensation costs to inform budget planning and resource allocation.
14. Continuously assess and improve the effectiveness of executive compensation programs and processes.
15. Train and mentor junior team members on executive compensation analysis and strategies.

According to JobzMall, the average salary range for a Executive Rewards Senior Analyst in Chicago, IL, USA is $98,000-$135,000 per year. This range can vary depending on factors such as experience, education, and specific job responsibilities within the role.

Mars Incorporated is an American global manufacturer of confectionery, pet food, and other food products and a provider of animal care services. Mars operates in five business segments around the world: Mars Wrigley Confectionary (headquartered in Chicago, Illinois, with US headquarters in Hackettstown and Newark, New Jersey), Petcare (Zaventem, Belgium; Poncitlán and Jalisco, Mexico; Querétaro, Mexico), Food (Rancho Dominguez, California), Drinks (West Chester, Pennsylvania), and Symbioscience (Germantown, Maryland), the company's life sciences division.