Compensation Consultant
Work Location Type: Hybrid
Req Number 325597
About Grainger
W.W. Grainger, Inc., is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. At Grainger, We Keep the World Working® by serving more than 4.5 million customers worldwide with products and solutions delivered through innovative technology and deep customer relationships. Known for its commitment to service and award-winning culture, the Company had 2024 revenue of $17.2 billion across its two business models. In the High-Touch Solutions segment, Grainger offers approximately 2 million maintenance, repair and operating (MRO) products and services, including technical support and inventory management. In the Endless Assortment segment, Zoro.com offers customers access to more than 14 million products, and MonotaRO.com offers more than 24 million products. For more information, visit www.grainger.com.
Compensation
The anticipated base pay compensation range for this position is $85,300.00 to $142,200.00.
Rewards and Benefits
With benefits starting on day one, our programs provide choice and flexibility to meet team members' individual needs, including:
- Medical, dental, vision, and life insurance plans with coverage starting on day one of employment and 6 free sessions each year with a licensed therapist to support your emotional wellbeing.
- 18 paid time off (PTO) days annually for full-time employees (accrual prorated based on employment start date) and 6 company holidays per year.
- 6% company contribution to a 401(k) Retirement Savings Plan each pay period, no employee contribution required.
- Employee discounts, tuition reimbursement, student loan refinancing and free access to financial counseling, education, and tools.
- Maternity support programs, nursing benefits, and up to 14 weeks paid leave for birth parents and up to 4 weeks paid leave for non-birth parents.
For additional information and details regarding Grainger's benefits, please click on the link below:
https://experience100.ehr.com/grainger/Home/Tools-Resources/Key-Resources/New-Hire
The pay range provided above is not a guarantee of compensation. The range reflects the potential base pay for this role at the time of this posting based on the job grade for this position. Individual base pay compensation will depend, in part, on factors such as geographic work location and relevant experience and skills.
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The anticipated compensation range described above is subject to change and the compensation ultimately paid may be higher or lower than the range described above.
Grainger reserves the right to amend, modify, or terminate its compensation and benefit programs in its sole discretion at any time, consistent with applicable law.
Position Details
The Compensation Consultant role participates in the implementation and administration of compensation programs for designated business groups or functions, ensuring alignment with Grainger's pay-for-performance philosophy and strategic goals. The role conducts market benchmarking and performance analysis to inform HR Business Partners and leaders on job evaluations, salary structures, and compensation decisions. The Compensation Consultant executes tasks within the annual compensation planning cycle-including merit, short-term incentive, and equity programs-and engages in compensation initiatives while maintaining compliance with internal policies and external regulations. The role communicates compensation philosophy and tools to stakeholders, maintains audit and data integrity processes, and monitors industry trends to enhance program effectiveness.
This is a hybrid position that is onsite in Lake Forest two days a week.
You Will
- Supports the implementation and administration of compensation programs for a business group or function, collaborating with the Compensation team to deliver final products to HR Business Partners and leaders.
- Conducts market benchmarking and other analysis to provide consultative insights to inform HR Business Partners and leaders.
- Supports the annual compensation planning cycle for an aligned function(s) of a specific Grainger business unit (merit, short-term incentive, and equity) through analysis, reporting, and ad hoc consultation.
- Collaborates with members of the Compensation team, to leverage insights from HR Business Partners, leaders of business units, and other stakeholders to analyze compensation, market trends, and performance data for decision-making, job evaluations, and participates in compensation initiatives.
- Maintains reporting and processes to support compliance with internal policies, legal requirements, and external regulations;supports audit and compliance activities related to compensation programs and data integrity.
- Communicates compensation philosophy, practices, and tools to HR and business leaders to build understanding and consistency.
- Researches and monitors current compensation practices, trends, and technology.
You Have
- Bachelor's Degree or equivalent in HR, Business, Finance, or related field required
- 3+ years with broad-based compensation programs, including job evaluation, salary survey techniques and interpretation, performance and reward systems, and incentive administration required
- Demonstrated experience in compensation practices, pay structures, and market benchmarking.
- Proficient in intermediate to advanced Excel analysis, including building complex formulas, using pivot tables, and performing related data-driven evaluations.
- Experience in data analysis involving large, complex data sets and interpreting results to enable decision making.
- Demonstrated experience in project management, prioritization, and problem-solving skills.
- Knowledge regarding regulatory compliance (FLSA, pay equity, etc.)
- Certified Compensation Professional (CCP) preferred
We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex (including pregnancy), national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, protected veteran status or any other protected characteristic under federal, state, or local law. We are proud to be an equal opportunity workplace.
We are committed to fostering an inclusive, accessible work environment that includes both providing reasonable accommodations to individuals with disabilities during the application and hiring process as well as throughout the course of one's employment, should you need a reasonable accommodation during the application and selection process, including, but not limited to use of our website, any part of the application, interview or hiring process, please advise us so that we can provide appropriate assistance.
Perks and Benefits
Health and Wellness
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- FSA
- HSA
- HSA With Employer Contribution
- On-Site Gym
- Pet Insurance
- Mental Health Benefits
Parental Benefits
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Adoption Leave
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
- Commuter Benefits Program
- Casual Dress
- On-Site Cafeteria
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
- Leave of Absence
- Volunteer Time Off
Financial and Retirement
- 401(K) With Company Matching
- Stock Purchase Program
- Performance Bonus
- Relocation Assistance
- Financial Counseling
Professional Development
- Tuition Reimbursement
- Mentor Program
- Shadowing Opportunities
- Access to Online Courses
- Internship Program
- Leadership Training Program
- Associate or Rotational Training Program
- Promote From Within
- Professional Coaching
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)
- Woman founded/led
- Black founded/led
- Asian founded/led
- Veteran founded/led
- Unconscious Bias Training