Sr. Compensation Analyst

Position Summary

The Senior Compensation Business Partner is a consultative and customer facing Compensation subject matter expert that provides high-level support and analytics to ensure the competitiveness and ongoing viability of compensation tools, programs and processes.  Provides expert-level support to both organizational leaders and internal HR partners.  The position will support complex project work and process improvement as well as daily high volume requests.  Uses expertise and experience in order to maintain the highest level of customer service standards, regulatory compliance, accuracy and data integrity.

Role Responsibilities

• Evaluate jobs across all levels and functions of the organization for determination of appropriate range, level, and FLSA status
• Provide guidance to HR partners and managers on building job descriptions that accurately reflect the job's level of scope and skill. Provide guidance and coaching to HR partners and managers on FLSA to ensure FLSA compliance.
• Recommend pay rate and pay strategy for internal promotions, internal transfers, and external candidates. 
• Provide guidance and coaching to members of the HR Team as well as business leaders on market pay data, as well any other applicable areas related to regulatory compliance. 
• Partner with HR Partners and business leaders on reviewing job structure. Lead review of jobs, job structure, and market placement to include implementation of changes, and communications to impacted employees and managers.
• Complete full market review for assigned job families utilizing current market survey data. Develop estimates and action proposal as related to market review and adjustments.
• Continuously review internal pay equity to ensure equitable pay practices are maintained
• Participate in compensation surveys on behalf of the organization Assist and collaborate in the planning, coordination, facilitation, administration, and reporting of the annual merit program. 
• Work with Total Rewards leadership to develop and execute a clear and comprehensive communication plan for compensation activities.
• Partner with HRIS to improve effectiveness of compensation administration and analysis. Ensure data integrity and accurate and timely use of information for management review.
• Assist in the development and updating of operating policies, guidelines, and procedures. 
• Research and analyze competitive compensation practices in the job market and work with Compensation leaders to ensure that programs and practices are current. 
• Performs other job-related duties as assigned.

Education and Experience Required

Education Required: Bachelor’s Degree in business, human resources, or related field. 

Experience Required: Extensive experience may substitute for degree. Minimum of 8 years’ experience in Human Resources and Compensation Experience Preferred:  Compensation experience in Healthcare industry preferred

Knowledge, Skills, and Abilities

• Strong knowledge of compensation principles and practices, with ability to operate with minimal inputs and make sound recommendations.
• Skill in analyzing and evaluating job content and writing accurate job descriptions.
• Excellent oral and written communication skills, and exceptional research, analytical, evaluation, and negotiation skill
• Ability to plan, coordinate, and administer complex administrative systems and processes.
• Advanced knowledge of FLSA regulations, and related state and federal laws.
• Knowledge of computerized information systems used in human resources applications.
• Advanced Excel, PowerPoint and database skills including the development of complex spreadsheets and presentations, and experience preparing, documenting and presenting narrative reports and statistical analyses