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Analyst, Compensation

Cresco Labs
life insurance, vision insurance, paid time off, paid holidays, 401(k), stock options, employee discount
United States, Illinois, Chicago
April 24, 2024
COMPANY OVERVIEW Cresco Labs is one of the largest public, vertically integrated, multistate operators in the cannabis industry. Our portfolio of in-house cultivated and manufactured brands features some of the highest quality, most awarded and most popular cannabis products in America. With dozens of locations nationwide, our owned and operated Sunnyside dispensaries provide a welcoming, positive, judgement-free place to shop for anyone at any point on their cannabis journey. Founded in 2013, Cresco Labs' mission is to normalize and professionalize cannabis through our passionate employees. As stewards of the cannabis industry, our teams are constantly focused on supporting the needs of our fellow colleagues, consumers, customers, and communities alike. With a focus on Social Equity and Educational Development, our SEEDTM initiative ensures that our company reflects the communities in which we serve, ensuring equal opportunity for all to have the knowledge and resources to work in and own businesses in cannabis. At Cresco Labs, we aim to revolutionize and lead the nation's cannabis industry with a focus on quality and consistency of product, and to bring legitimacy to the industry with the highest level of integrity and professionalism. If you're interested in joining our mission, click the below links to join our team today! MISSION STATEMENT At Cresco, we aim to lead the nation's cannabis industry with a focus on regulatory compliance, product consistency, and customer satisfaction. Our operations bring legitimacy to the cannabis industry by acting with the highest level of integrity, strictly adhering to regulations, and promoting the clinical efficacy of cannabis. As Cresco grows, we will operate with the same level of professionalism and precision in each new market we move in to. JOB SUMMARY A Compensation Analyst for Cresco plays a pivotal role in designing, analyzing, and administering compensation programs to ensure competitive pay rates, equity among employees, and compliance. The ideal candidate for this position will have a keen understanding of compensation theory, labor market trends, and regulatory compliance. The Compensation Analyst will work closely with HR and management teams to ensure that pay practices are transparent, equitable, and support the organization's efforts to attract, retain, and motivate top talent in this dynamic and rapidly changing industry. CORE JOB DUTIES Support the Director of Total Rewards on a variety of projects including program design, analysis, budgeting, & implementation of new programs. Partner with HR Business Partners and business stakeholders on compensation matters to support business goals. Work closely with our talent acquisition team in supporting our recruiting efforts, including guidance and support on offers. Perform research and analysis on market competitiveness and compliance with legal regulations on pay. Assist in job evaluations to provide recommendations on FLSA status, internal equity, and market alignment. Manage the compensation survey submission process Administer the company annual compensation processes including, but not limited, to bonus and merit cycles. Participate in ad-hoc compensation surveys and provide insights into the survey findings to key stakeholders. Manage salary structure creation and maintenance. Serve as the analytical point of contact for programs such as compensation reviews, market analysis, and special projects. Work closely with the HR technology team to support the integrity of our compensation plans and data. REQUIRED EXPERIENCE, EDUCATION AND SKILLS Intermediate to advanced Excel skills; pivot tables, and complex functions. Solid working knowledge of Microsoft Office In-depth understanding of regulations and requirements under FLSA, multi-state pay equity laws, and other areas of compensation compliance. Experience supporting compensation systems and reporting tools. Ability to communicate uncomplex and complex financial related information to a wide audience. Experience with an HRIS system (ADP, Ultimate Software, Ceridian, Workday) 3 - 5 years of experience in HR and compensation The ideal candidate will be well organized, and be nimble to work in a faced paced, changing environment. Confident to work independently with tight deadlines, as well as being a strong collaborator. BENEFITS Cresco Labs is proud to offer eligible employees a robust offering of benefits including, major medical, dental and vision insurance, a 401(K)-match program, FSA/HSA programs, LTD/STD options, life insurance and AD&D. We also offer eligible employees paid holidays and paid time off. Other rewards may include annual discretionary bonuses, stock options as well as participation in our employee discount program. Benefits eligibility for permanent positions may vary by full-time or part-time roles, location, or position. ADDITIONAL REQUIREMENTS Must be 21 years of age or older to apply Must comply with all legal or company regulations for working in the industry Cresco Labs is an Equal Opportunity Employer and all applicants will be considered without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status. California Consumer Privacy Act ("CCPA") Notice to Applicants: Please read the California Employee Privacy Notice ("CA Privacy Notice") regarding Sunnyside* and its affiliate Cresco Labs' policies pertaining to the collection, use, and disclosure of personal information. This CA Privacy Notice supplements the information contained in the Sunnyside* Privacy Policy and applies to California resident employees and job applicants. Applicants with disabilities may access this notice in an alternative format by contacting CCPAnotice@crescolabs.com Reporting a Scam:Cresco Labs is aware of fictitious employment offers being circulated from various sources. Many of these schemes consist of an alleged offer of employment with Cresco Labs with the intention of gaining personal information, including payment and/or banking information. Be aware that fraudulent job offers and correspondence may appear legitimate: they may feature a Cresco Labs logo, they may appear to originate from an official-looking email address or web site, or they may be sent by individuals purporting to represent Cresco Labs or an entity which includes the word Cresco Labs in its name. Please note that Cresco Labs does not ask for payment or personal banking information as a condition of employment. Any personal information is requested for payroll or state badging purposes only. Applications can be securely submitted through our career's pages. We are working diligently to block this from happening. Beware if an offer of employment looks too good to be true. Never divulge personal and banking information or send money if you are unsure of the authenticity of an email or other communication in the name of Cresco Labs. If you are in doubt, please contact us at Report-a-spam@crescolabs.com with questions.