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Compensation and Benefits Analyst
At PALFINGER, we have been lifting goods to a new level for over 90 years - with a pioneering and passionate spirit. As a global technology and engineering company, we are the world's leading manufacturer and supplier of innovative crane and lifting solutions. Our success is based on the tireless efforts of our approximately 12,350 employees, who contribute their ideas and energy to our vision. With us, you can expect a dynamic working environment full of opportunities for personal and professional development. Become part of our team and start your career at PALFINGER.
Join PALFINGER as our Compensation and Benefits Analyst. This hybrid role, based in our Schaumburg, IL office, reports to the Director of HR Operations and partners closely with HR and business leaders to deliver competitive, equitable, and compliant compensation and benefits programs. You will shape pay strategy while owning the day-to-day administration of health, welfare, and retirement plans—serving as a trusted expert on complex benefits matters that directly support our people and business.
Your Responsibilities
- Conduct job evaluations and market benchmarking; collaborate with HR and business leaders on compensation actions including promotions, transfers, merit increases, bonuses, and other pay initiatives.
- Provide analytical and administrative support for annual compensation planning, including participation in salary surveys, labor market research, and compensation projects that enhance program effectiveness and employee engagement.
- Serve as the primary point of contact for complex benefits questions while managing the day-to-day administration of health, welfare, retirement, and ancillary benefit programs.
- Ensure benefits compliance by acting as a subject matter expert on ERISA, COBRA, ACA, and other federal, state, and local regulations; prepare filings, reports, and oversee audits.
- Lead annual open enrollment and benefits operations, including vendor and carrier relationships, ADP benefits portal oversight, carrier file feeds, audits, invoice reconciliation, and ad hoc corporate initiatives.
Your Qualifications
- Bachelor’s degree in business administration, human resources, accounting, finance, or a related field preferred; equivalent professional experience may be considered.
- Minimum of 5 years of compensation experience required, with sales compensation experience highly preferred; 3+ years of benefits experience strongly preferred.
- Advanced Excel expertise, including pivot tables, complex formulas, data analysis tools, Power Query, macros/VBA, and advanced reporting and visualization.
- Strong analytical, communication, and presentation skills with the ability to translate complex data into clear, actionable insights for HR and business leaders.
- High attention to detail, sound judgment, and the ability to handle sensitive and confidential information while building credibility as a collaborative partner.
What We Offer
- Salary Range $90,000 - $115,000 & bonus eligble
- 401(k) with Company match.
- Medical, dental, vision, life, accidental death and dismemberment insurance, and short- and long-term disability (depending upon state). Wellness program offered.
- Paid Company holidays and paid Personal Time Off (PTO).
- Opportunity for continuous learning and career growth.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.
Equal Opportunity Employer/Vet/Disabled
Veronica Portillo
Talent Acquisition SpecialistSchaumburg, IL
60173 Schaumburg
United States
Location benefits
- Job Ticket
- Flexible Working Hours
- Mobile working
- Food Allowances
- Pension Plan
- Health Measures
- Fitness Programs
- Company Doctor
- Learning Opportunities
- Parking facilities
- Employee discounts
- Company mobile phone
- Employee participation
- Health Insurance
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