Compensation Analyst

Description

JOB DESCRIPTION SUMMARY: Supports, analyzes, evaluates, and monitors the administration of the organization's compensation programs to ensure internal equity and external competitiveness.

Reviews related policies, procedures, and programs, while assisting in educating employees and manager level employees in their application of such practices. Conducts market analyses and recommends market adjustments for specific jobs by compiling market data and calculating market variances to maintain the competitive status of the organization's compensation program. Actively participates in developing and achieving departmental objects and goals.

Builds relationships with internal client groups and liaises with Human Resources business partners (HR BP) to deliver consistent and high-quality customer service. RESPONSIBLITIES 1. Assists in educating employees and managers about the organization¿s compensation programs and philosophy. 2.

Determines appropriate salary quotes for new hires, transfers, promotions, and demotions using an established methodology. 3. Participates in administration of annual performance management, incentive, or salary increase program. 4. Processes wage and salary changes resulting from merit increases, promotions or other job changes, or market adjustments. 5.

Ensures the completeness and accuracy of employee transactions and evaluation forms. 6. Handles basic issues and problems and refers more complex issues to senior level staff. 7. Maintains professional development by participating in educational programs and professional organizations and by networking with other compensation and human resources professionals. 8.

Participates in salary surveys, completes survey questionnaires, and researches additional sources of quality market data. 9. Assists senior team members in creating better compensation related processes to better support service lines. 10. Partners with HR BPs in the maintaining or creating of job descriptions, equity reviews, salary concerns, and other compensation related functions. 11.

Performs compensation related responsibilities and other duties as assigned. MINIMUM QUALIFICATIONS: Experience: 1-2 years of professional human resources experience, preferably in healthcare, preferred.

Previous compensation administration strongly preferred.

Performs work under direct supervision. Must demonstrate strong working knowledge of MS Excel, Word, and PowerPoint.

Knowledge in PeopleSoft, Workday or Oracle preferred. Ability to work to work as a team. Education: A bachelor¿s degree in human resources, business administration, health education or related field.

Ability to work as part of a team. PHYSICAL REQUIREMENTS (Medium-Max 25lbs): up to 25 lbs, 0-33% of the work day (occasionally); 11-25 lbs, 34-66% of the workday (frequently); 01-10 lbs, 67-100% of the workday (constantly); Lifting 25 lbs max; Carrying of objects up to 25 lbs; Occasional to frequent standing & walking, Occasional sitting, Close eye work (computers, typing, reading, writing), Physical demands may vary depending on assigned work area and work tasks ENVIRONMENTAL FACTORS: Factors affecting environment conditions may vary depending on the assigned work area and tasks.

Environmental exposures include but are not limited to: Blood-borne pathogen exposure Bio-hazardous waste Chemicals/gases/fumes/vapors Communicable diseases Electrical shock, Floor Surfaces, Hot/Cold Temperatures, Indoor/Outdoor conditions, Latex, Lighting, Patient care/handling injuries, Radiation, Shift work, Travel may be required. Use of personal protective equipment, including respirators, environmental conditions may vary depending on assigned work area and work tasks.