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Early Careers: Compensation Analyst (Work and Rewards) – Chicago – 2024

WTW
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Create a career that goes in the direction you choose. Get to know opportunity.

The Business

Create your future.  At WTW, we help clients align their talent and rewards strategy with their business strategy to achieve long-term success. We develop strategies and design and implement programs that address these needs, drive higher performance, and ensure the right return on their investment in people. Backed by industry-leading technology, global workforce data, research, and insights, we help our clients quickly transform ideas into action. 

Our team consults to a broad array of clients on matters including board advisory consulting, structuring work and careers, corporate governance and bringing data driven consulting insights to shape compensation program design decisions.   

Explore an opportunity.  Our Work and Rewards teams are the global leaders in effectively shaping the future of work and aligning executive and broad employee pay, talent management and career development programs with the interests of our clients’ stakeholders. As a member our team, you will have the opportunity to work with industry-leading consultants and clients in a wide range of areas, including executive and broad-based compensation, career frameworks, corporate governance, talent management, and sales force effectiveness.

You will have immediate exposure to real client assignments in client facing roles which will draw on your imagination and creativity as well as your ability to analyze data, draw conclusions and present results. These experiences will help build your technical knowledge and overall industry expertise while you benefit from more structured training that is tailored to our business. 

The Role

You will work closely with leading consultants, developing cutting edge technical knowledge and skills, as well as project and client management capabilities.

Our projects range in scope from rewards (e.g., compensation benchmarking, base pay program, job leveling/job architecture, annual and long-term incentive program design, pay equity studies, pay-for-performance analyses) to career and talent management (e.g., competency and skills, performance management, organization and function design) to broad cross-LOB engagements such as support for M&A transactions, total rewards strategy and optimization.

While every day and assignment are somewhat different, some of your main responsibilities will include:

  • Partnering with consultants and clients to design strategies and rewards programs to attract, reward and retain talent
  • Helping our clients ensure that their reward programs are competitive by performing competitive benchmarking analyses of compensation levels, program design and other rewards practices utilizing the range of WTW data, tools and processes
  • Modeling pay structures and conducting financial impact analyses of alternative designs
  • Developing, analyzing, and calibrating executive and broad-based incentive plan designs that help support companies’ business strategies
  • Drafting reports and exhibits presenting the team’s analytical work to client audiences
  • Performing industry and financial research
  • Participating in client meetings and working sessions
  • Contributing to sales and marketing efforts by assisting with proposals and other client-specific business development efforts

About you. 

  • Progress towards a Bachelor’s or Master’s degree in economics, finance, mathematics, statistics or any other major with significant quantitative course work, and minimum overall GPA of 3.0
  • Work experience that demonstrates strong technical and/or client service skills (analyst type of internship preferred)
  • Passion for solving problems and sharing solutions to exceed the standards of the client
  • Interest in Rewards and Compensation as demonstrated through work experiences, coursework, research assignments, etc.
  • Ability to be a self-starter and work independently, but also cooperatively in a close team environment
  • Strong written and verbal communication skills and a demonstrated ability to interact with colleagues at all levels
  • Excellent Microsoft Office skills, particularly in Excel
  • Accepting applications from candidates that graduate with a Bachelor’s or Master’s degree between May 2023 through August 2024

The Application-Interview Process:

Step 1: Online application, including resume/CV

Step 2: Online assessments and Video Interview 

Step 3: Interview with business 

Step 4: Offer and on-boarding

WTW Work Flex: At WTW, we trust you to know your work and the people, tools, and environment you need to be successful. The majority of our colleagues work in a “hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.  Visit our career site for more information: https://careers.wtwco.com/wtw-work-flex/

Recruiting tips: WTW specializes in preparing for the unknown.  Here’s how to get ready for the big day: https://careers.wtwco.com/hints-and-tips/

EOE, including disability/vets