Compensation Analyst - Middletown, CT

Middlesex Health System - Middletown, CT

Full-time - Mid Level

Middletown, CT

Hospitals

About the position

The Compensation Analyst plays a crucial role in supporting the Human Resources Department at Middlesex Health by ensuring that employee compensation aligns with the organization's policies and guidelines. This position is responsible for maintaining competitive compensation practices that comply with legal and fiscal regulations. The analyst will prepare and maintain job classifications and salary scales, ensuring that they reflect the current market trends and organizational standards. Additionally, the Compensation Analyst will prepare and present comprehensive reports on job analysis and compensation analysis information, which will be used to inform decision-making processes within the HR department. In this role, the Compensation Analyst will gather and analyze data to assess results and market trends, providing insights that will help the organization remain competitive in attracting and retaining talent. The position requires a strong analytical mindset, as well as the ability to communicate findings effectively to various stakeholders. The analyst will also be expected to collaborate with other HR team members to ensure that compensation strategies are effectively implemented and aligned with the overall goals of the organization. The ideal candidate will have a solid background in compensation analysis, with a focus on job description analysis within a Human Resources department setting. This role demands excellent organizational skills, attention to detail, and the ability to multitask in a fast-paced environment. The Compensation Analyst will be a key player in shaping the compensation framework of Middlesex Health, contributing to the overall success of the HR department and the organization as a whole.

Responsibilities

• Support the HR Department in ensuring employee compensation aligns with organizational policies and guidelines.
• Prepare and maintain job classifications and salary scales.
• Prepare and present reports on job analysis and compensation analysis information.
• Gather and analyze data to assess results and market trends.
• Collaborate with HR team members to implement compensation strategies effectively.

Requirements

• Bachelor's degree in Human Resources, Finance, or Business Administration, or equivalent combination of relevant coursework and experience.
• 3 years of directly-related compensation experience, including job description analysis in a Human Resources department setting.
• Excellent computer skills, with advanced proficiency in Excel and intermediate to advanced skills in Word.
• Excellent verbal and written communication skills with strong attention to detail.
• Advanced organizational skills and the ability to multitask.

Nice-to-haves

• Master's Degree in a relevant field.
• Professional in Human Resources (PHR) or Senior Professional in Human Resources (SPHR) certification or equivalent preferred.
• Experience with administration of compensation programs in multiple entities preferred.
• Experience in a multiemployer/union plan environment preferred.
• Experience in a Healthcare setting preferred.