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Contract Analyst

2 months ago


Rancho Cucamonga CA, United States Inland Empire Health Plan Full time

Works closely with the Compensation team to effectively administer compensation programs: performance merit increases, internal and external compensation offers, internal equity analysis and any other Team Member compensation changes. Participates in industry-wide compensation surveys to ensure IEHP’s compensation programs are market competitive and meet plan objectives. Provides guidance and assistance on compensation administration policies and procedures. Assist with the development, implementation, and administration of compensation practices, identify opportunities for improvement to Compensation policies and practices and make recommendations to HR leadership.
Conduct job analysis, evaluation, and salary administration to determine appropriate pay grades, salary ranges, and pricing based on internal and external equity. This may include review and assessment of market data, benchmark descriptions, and departmental compensation reviews. Prepare and present summary reports of compensation analysis, cost, and impact in an easily understandable format to non-technical audiences and in anticipation of business needs.
Regularly review and audit positions, Team Members’ salaries, compa-ratios, pay ranges and pay practices to ensure they are fair, competitive, and equitable, and identify Team Members below and/or above range minimum and maximum, in compliance with IEHP policies, guidelines, wage and hour laws and best practices.
Participate in compensation surveys. Benchmark positions using salary surveys for developing and maintaining salary structures, pay grades and other compensation practices. Prepare and present findings and recommendations, and handle administrative steps to formalize recommendations.
Document and maintain all position changes on a monthly basis including pay grade changes, new and inactive positions while ensuring data integrity in both TMS and ADP systems. Take initiative in all compensation projects and proactively research and propose recommendations in anticipation of business needs.
Ensure data accuracy and integrity by performing periodic audits. Work with internal teams to identify and resolve data issues.
Assist with the development and documentation of compensation procedures to streamline processes and ensure compliance with IEHP compensation philosophy and regulatory requirements.
Commitment to Quality: The IEHP Team is committed to incorporate IEHP’s Quality Program goals including, but not limited to, HEDIS, CAHPS, and NCQA Accreditation.
CalPERS retirement
Generous paid time off- vacation, holidays, sick
Medical Insurance with Dental and Vision
Short-term, and long-term disability options
Flexible Spending Account – Health Care/Childcare
Bachelor’s degree in Human Resources or related field required from an accredited institution required.
Requires in depth knowledge of the administration of varied compensation programs including range structure, survey data interpretation and best practices.
Extensive knowledge of quantitative and qualitative research methods including technical knowledge of EXCEL, which includes development of spreadsheets with formulas, functions, pivot tables, and V-lookups.
Demonstrated experience building strong client relationships using solid interpersonal and collaborative skills.
MS Office Excel experience required.