Owens & Minor Medical - Tallahassee, FL
posted about 2 months ago
At Owens & Minor, we are a critical part of the healthcare process. As a Fortune 500 company with over 50 facilities across the US and 18,000 teammates in more than 90 countries, we provide integrated technologies, products, and services across the full continuum of care. Our mission is to empower our customers to advance healthcare, and our success starts with our teammates. The Compensation Analyst II plays a vital role in ensuring that the organization's compensation programs are competitive and align with the company's objectives. This position requires strong analytical skills, attention to detail, and knowledge of compensation laws and regulations. The analyst will work closely with HR business partners to ensure that the compensation programs are effective and efficient. The Compensation Analyst conducts research, analyzes data, and provides recommendations to ensure that the organization's compensation programs are competitive. This involves reviewing a wide range of relevant compensation data to ensure the company's compensation policies are competitive through analysis that reflects comparisons to the market for both base and total pay. The analyst will also research, analyze, formulate, and recommend modifications to all compensation programs, policies, and procedures to ensure internal and external equity, promote performance incentives, improve administrative efficiency, and ensure legal compliance. In this role, the analyst will partner and support both the Human Resources team and operational business partners with respect to compensation needs. This may include performing analysis and providing recommendations for pay decisions within the organization, administering pay structures, and answering any questions the internal partner might have regarding pay. The analyst will administer compensation surveys, including survey participation, job matches to vendor job descriptions, and submission of company data to the vendor. Once survey market data is received from the vendor, the analyst will perform market matches based upon job descriptions to obtain relevant pay salary data for making pay decisions, pay grade slotting, and other compensation analysis. Additionally, the analyst will support Sr. Analysts and Managers during the year-end compensation cycle, which may include data integrity assurance and systems testing. The role also involves performing basic to intermediate-level analysis to ensure statutory compliance with minimum pay amounts specified by the FLSA, state, and local jurisdictions, as well as auditing the Workday system to ensure the accuracy of compensation data and addressing any related issues.