Sr. Compensation Manager - Aon Corporation

Are you a compensation leader, experienced with the annual cycle, global compensation and market analysis? Do you thrive in an environment where you can provide consultation and subject matter expertise to business leaders?

This role is located in our Chicago, IL office, with the flexibility to work in a hybrid capacity.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

Day-to-day, you will provide excellent compensation consultation to aligned client groups by responding to People Organization (PO) and business unit leadership inquiries. Manage compensation policies & programs that include activities such as creating ad hoc reports, analysis and modeling to support in data-driven decision making; being proactive and identifying problem areas that need to be addressed; training (live, webinars, presentations, etc.) on the use of compensation data and programs, and proposing compensation recommendations for new hires, promotions, and job changes. In addition, you will:

•Collaborate with the global comp team to administer compensation programs, complete project delivery, ensure continuous process improvement, etc.

•Lead client group in the preparation of the annual comp cycle by contributing to the drafting and delivery of communication and learning resources, testing of system capabilities, performing data integrity checks (e.g., eligibility, bonus targets, management hierarchy alignment), etc.

•Lead through the cycle with key activities that include ensuring reward principles and guidelines, budgets and deadlines are adhered to.

•Support the annual market analysis process to include survey submissions, review of results to assess market movement and evaluation of market competitiveness.

•Complete job level evaluation and benchmarking requests for new and existing positions using external market data and internal analysis; working closely with the PO team to provide guidance and education on Aon’s job level system as applicable.

•Monitor the effectiveness and competitiveness of compensation programs, making recommendations for improvement.

•Assists in the development and documentation of various plans (e.g., sales incentive plans, bonus plans, etc.).

•Supports job architecture initiatives and interacts with HRIS team to ensure jobs are created in a timely manner.

How this opportunity is different

The Senior Compensation Manager supports all elements of compensation administration and consultation, including base pay and variable compensation. This position will be responsible for independently providing consultation and delivery of innovative and effective rewards solutions to internal clients in partnership with the Global Compensation team and PO as well as actively leading and supporting clients during the annual compensation review cycle.

Skills and experience that will lead to success

•Self-starter with ability to identify opportunities and willingness to take ownership of initiatives.

•Able to work independently with limited supervision

•Strong analytical, organizational, problem-solving and communication skills

•Attentive to details and need for accuracy

•Experience with HR Management systems (e.g., Workday)

•Maintains and increases knowledge base by attending compensation related training and events, including on-demand learning opportunities.

•Able to develop strong relationships with colleagues across the Company (e.g., People Organization, Finance, Business)

•Advanced technical skills in Excel with Intermediate skills in other Microsoft Office applications

•10+ years of relevant experience in a consultative role required (Compensation, HRIS, Finance)

Education: Bachelor’s degree or equivalent years of industry experience.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart-Working!

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. People with criminal histories are encouraged to apply.

We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com

For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Pay Transparency Laws:

The salary range for this position (intended for U.S. applicants) is $140,000-$170,000 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location.

This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.

Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

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