Lifebridge Health - Salisbury, MD
posted about 2 months ago
The Compensation Analyst at TidalHealth plays a crucial role in administering the compensation program, ensuring that it remains competitive in the market while maintaining internal equity. This position is fully remote, allowing for flexibility in work arrangements. The Analyst is responsible for researching market data and analyzing trends to provide informed recommendations to the leadership team regarding compensation strategies. As a subject matter expert, the Analyst will support department managers and team members with guidance on compensation programs, pay policies, and best practices. In addition to market research, the Compensation Analyst conducts job analyses using various methodologies to develop accurate job descriptions. This includes participating in position evaluations and classifications to ensure that roles are appropriately graded. The Analyst will also determine suitable base salaries for both external candidates and internal transfers, ensuring that the organization attracts and retains top talent. The role involves completing salary surveys and performing comprehensive market analyses to ensure that TidalHealth's pay structure remains competitive. The Analyst will recommend necessary adjustments to the pay structure and position grades based on findings. Furthermore, the Analyst will assist in managing the annual pay increase cycle, which includes overseeing the evaluation process within the performance review system. This position is integral to maintaining TidalHealth's reputation as a top employer in the healthcare sector.