Sr. Compensation Analyst - Hybrid

$35,000 - $800,000/Yr

Blood Systems - Scottsdale, AZ

Full-time - Mid Level

Remote - Scottsdale, AZ

1,001-5,000 employees

Ambulatory Health Care Services

About the position

The Sr. Compensation Analyst at Vitalant plays a crucial role in shaping the organization's compensation strategies, ensuring alignment with the company's compensation philosophy. This position involves expert consultation and analysis to foster employee engagement and support the unique culture of Vitalant. The analyst will evaluate job roles, develop job descriptions, and manage compensation market analysis tools to maintain competitive pay practices.

Responsibilities

• Consults with HR Partner and leaders regarding compensation policy interpretation, market analysis, job evaluation and other compensation projects and initiatives.
• Manages the administration of job analysis process using market survey sources and internal equity analysis. Completes regular broad based market studies and makes recommendations based on market data and trends.
• Manages the library of job descriptions across all functions. Creates and maintains documentation around job architecture titling and grading guidance for HR Partners and operational leaders.
• Implements and administers the annual merit, leadership incentive awards and staff monetary recognition programs.
• Stays abreast of federal, state and city minimum wage changes while evaluating financial and compression impacts.
• Partners with Talent Acquisition to provide guidance on market competitive hiring rates, market trends and analyze the appropriate compensation on hard to fill jobs.
• Provides ad-hoc analysis and provides guidance and direction to HR Partners and operational leaders on locations that are experiencing high turnover as a result of local competitors that are recruiting at a higher wage.
• Manages the data in Compensation Management analysis/market pricing solution that provides compensation market data and analytics. Develops subject matter expertise on tools and resources and utilizes the software platform to its fullest potential.
• Develops and executes compensation related training and communications. Ensures training and communications are effectively distributed using various channels including partnering with the internal communications team.
• Conducts regular audits and analysis on pay equity across the enterprise. Reports findings and make recommendations on how to bridge any gaps, including financial impact.

Requirements

• Bachelor's degree in related area or equivalent combination of education and experience in compensation and/or benefits required.
• Familiarity with applicable state and federal wage and hour regulations required.
• Strong Microsoft Excel knowledge required.
• Five years of related Human Resources experience to include three years compensation management experience required ideally in a healthcare organization.
• Experience working with HR systems required.
• Experience working with external market survey software platforms required.
• Experience with CompAnalyst preferred.
• Experience with Workday preferred.

Nice-to-haves

• PHR, CCP or equivalent (World At Work) certification preferred.
• Ability to work independently and in a team environment.
• Strong verbal and written communications and customer service skills.
• Ability to work effectively with all levels of staff and management and provide consistently high levels of customer service.
• Excellent analytical, statistical, personal organization, attention to detail and problem solving skills.
• Proficient computer skills, including intermediate level spreadsheet application ability.

Benefits

• Health Insurance
• 401K Plan with matching contributions
• Vacation & Paid Time Off