Senior Compensation Analyst

$107,536 - $169,956/Yr

Fred Hutchinson Cancer Center - Seattle, WA

Full-time - Mid Level

Seattle, WA

About the position

The Senior Compensation Analyst at Fred Hutchinson Cancer Center plays a crucial role in the administration of cash compensation programs. This position focuses on conducting compensation analyses, providing consultation, and managing various compensation programs to ensure market competitiveness and internal equity. The analyst will collaborate with HR teams and management to develop compensation solutions and support informed decision-making through data-driven recommendations.

Responsibilities

• Conduct ad hoc analysis of jobs, salaries and market trends to evaluate relative market value and internal equity for a variety of jobs and compensation programs; prepare and present data-driven recommendations to management.
• Plan and administer base salary compensation programs; review salary adjustments for conformance to established guidelines, provide clear interpretation of and sound counsel on compensation policies and practices.
• Evaluate requests for new or revised FLSA, title, pay, and salary grade classifications by collecting and analyzing job descriptions, external data and internal comparisons.
• Partner with various HR team members and Fred Hutch managers to develop compensation solutions and competitive salary offers.
• Participate in developing, maintaining and implementing policies and practices that promote an understandable and consistent framework for FHCC compensation programs.
• Research, recommend and implement salary budgets and compensation structure adjustments considering market trends, internal and external economic factors.
• Perform comprehensive assessments of market competitiveness across broad job groups or departments.
• Participate in planning, leading and administering annual pay increase programs for the organization.
• Participate in the design, development/selection, implementation and maintenance of analytical tools.
• Respond to salary surveys and participate in salary survey steering committees; maintain and build relationships with peers at other institutions.
• Assist with maintaining job descriptions to be used for a variety of purposes, including job pricing and the development of standards for cross-organizational positions.
• Act as technical lead by training and mentoring lower level staff, modeling professionalism and fostering a culture of continuous improvement and best practices.
• Participate in special projects and perform other duties as assigned.

Requirements

• Bachelor's degree in HR, Business or related field (or equivalent combination of education and experience).
• Minimum of 5 years of compensation analysis experience.
• Intermediate MS Excel skills.
• Familiarity with Word and HRIS.
• Knowledge of general compensation practices and related regulations.
• Demonstrated problem solving, analytical, consultative, project management and communication skills.
• Demonstrated attention to detail and professionalism in handling sensitive information.
• Demonstrated experience working with diverse stakeholders to develop compensation solutions.

Nice-to-haves

• Certified Compensation Professional
• Experience in healthcare, research or academic environments
• Experience using Workday, PeopleSoft and/or MarketPay
• Thorough understanding of the various compensation program, related policies and administrative processes at Fred Hutch.

Benefits

• Medical/Vision insurance
• Dental insurance
• Flexible spending accounts
• Life insurance
• Disability insurance
• Retirement plans
• Family life support
• Employee assistance program
• Onsite health clinic
• Tuition reimbursement
• Paid vacation (12-22 days per year)
• Paid sick leave (12-25 days per year)
• Paid holidays (13 days per year)
• Paid parental leave (up to 4 weeks)
• Partially paid sabbatical leave (up to 6 months)