Senior Compensation Analyst

Job Description

As a Senior Compensation Analyst, you will be responsible for supporting the compensation needs of Fortune Brands Innovations through both analytical and consultant services. You will work directly with HR business partners and management to achieve compensation objectives and provide hands-on assistance related to all areas of compensation analysis. A successful candidate will proactively partner with client-facing HR business partners and HR management along with business leadership to identify and address compensation issues and bring to life Fortune Brands’ Total Compensation Philosophy and strategy for the businesses/client groups supported. As a representative of the businesses you support, you are expected to represent the voice of your client group(s) in key global compensation initiatives and champion Fortune Brands’ global compensation philosophy and strategy with business/client groups.

We are looking for candidates who have the aptitude to understand and work with complex data; are comfortable with ambiguity and ‘gray’ areas; and can demonstrate attention to detail and accuracy from start to finish in developing programs and completing projects.

POSITION LOCATION:
This role is eligible for a hybrid schedule based out of our headquarters in Deerfield, IL, with in-office presence expected at least 3 days per week (typically Tuesday–Thursday). In mid-2025, Fortune Brands will transition to a new world-class campus in Deerfield, offering vibrant collaborative workspaces, onsite daycare, dining, fitness amenities, and more.

PRIMARY RESPONSIBITIES: 

• Work on a variety of compensation projects including program design, analysis, budgeting, and implementation of new programs.
• Partner with local, regional and global HR partners on compensation issues, and work on a variety of special compensation projects as needed.
• Provide guidance to business/client groups and develop creative solutions for a variety of total compensation issues.
• Consult with business/client groups on job evaluations using market data and Fortune Brands’ internal evaluation process.
• Participate in global compensation surveys or special compensation studies.  This may require creation of market-specific surveys, establishment of target audience, communications, data collection, analysis, and feedback on results.
• Perform deep analysis on the effectiveness and competitiveness of existing compensation programs and model potential impact of alternatives and future programs.
• Document processes and build compensation playbooks.
• Conduct custom surveys with key industry contacts, as needed.
• Integral member of the Global Compensation team supporting annual planning cycles (salary budgets, salary structures, merit review, incentives payout planning process, Long Term Incentives).
• Work with HRIS to ensure that Workday, MarketPay, and other corporate systems are updated and aligned to reflect compensation policies and programmatic changes.
• Support the strategy and design of policies, guidelines, and operationalization of key concepts critical to the foundation of specific compensation programs.
• Champion Fortune Brands’ global compensation philosophy and strategy and gain alignment with various stakeholders.

QUALIFICATIONS:

• A Bachelor’s degree from an accredited institution
• 6+ years of progressive experience in compensation, or consulting with an in-depth knowledge of core compensation concepts and best practices
• Demonstrated project management experience
• Experience working with large data sets
• Excel super-user
• Experience enhancing and/or implementing compensation systems and reporting tools
• Experience with and knowledge of change management principles, methodologies and tools.

SKILLS & ABILITIES:

• Proven ability to quickly earn the trust of sponsors and key stakeholders; mobilize and motivate teams; resolve conflict; remove barriers; deliver tough messages with grace; execute with limited information and ambiguity
• Ability to create dynamic tools and models to interpret and analyze data
• Ability to connect disparate data sources and operationalize tasks
• Flexible and adaptable
• Strong organizational and critical-thinking skills
• Exceptional communication skills, both written and verbal; ability to communicate and present at all levels with clarity and precision
• Ability to interpret business needs and translate them into operational requirements

PREFERRED SKILLS:

• Workday experience
• Global compensation experience
• Client facing consulting experience
• Experience in Sales Compensation and M&A integration
• CCP (Certified Compensation Professional) completed or in-progress

Additional Information

Company Description:

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too. When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength. Explore life at Fortune Brands here

Additional Information:

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $70,000 USD - $110,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.

Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN

Equal Employment Opportunity:

FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

Reasonable Accommodations:

FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.

To protect yourself from fraudulent job postings or recruitment scams, please note that FBIN job postings are exclusively hosted on our careers page at www.fbin.com/careers>.