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About the position
The Senior Compensation Analyst will participate in compensation-related projects by conducting market analysis, job evaluations, completing survey benchmark reviews, and data-driven compensation reviews to ensure that salary structures remain competitive. Additionally, the Senior Compensation Analyst will be responsible for compensation data in HR systems, ensuring accuracy and integrity while supporting system enhancements. This role requires strong analytical skills, proficiency in data management, and the ability to collaborate with cross-functional teams to ensure our compensation programs effectively support talent acquisition, retention, and organizational performance. The ideal candidate has experience in compensation analysis, market benchmarking, survey participation, with a solid understanding of compensation practices within the healthcare industry.
Responsibilities
- Conduct market analysis and job evaluations.
- Complete survey benchmark reviews and data-driven compensation reviews.
- Ensure salary structures remain competitive.
- Maintain accuracy and integrity of compensation data in HR systems.
- Support system enhancements related to compensation.
- Collaborate with cross-functional teams to support compensation programs.
- Evaluate new and existing healthcare roles by assessing job responsibilities and required skills.
- Apply job evaluation methodologies to establish job levels and classifications.
- Regularly benchmark roles against healthcare-specific compensation surveys.
- Stay updated on current compensation trends in healthcare.
- Educate HR business partners and department leaders on the job evaluation process.
Requirements
- Minimum five years of healthcare compensation experience.
- Bachelor's Degree in Business, Human Resources, Industrial Psychology, Statistics or related field.
- Human Resources Information Systems Experience.
- Intermediate to advanced skills in Microsoft Office (Powerpoint, Word, Excel & Access).
- Analytical skills including statistical analysis and financial modeling.
- Strong interpersonal skills and attention to detail.
- Ability to meet deadlines, prioritize work, and be flexible with changing priorities.
Nice-to-haves
- SHRM Certification.
- CCP (World at Work).
Benefits
- Competitive salary structure.
- Career development programs.
