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Senior Compensation Analyst

4 months ago

Lexington, Kentucky, United States LHH Recruitment Solutions Full time
Job DescriptionJob Description

Remote Compensation Analyst

Contract: 3-4 months

Pay: $47hr to $51hr depending on experience level

Position Overview: We are seeking a skilled Compensation Analyst to join our team remotely. The ideal candidate will have a comprehensive understanding of compensation practices, excellent analytical abilities, and the capability to collaborate with various stakeholders to ensure fair and compliant compensation structures. This role requires proficiency in data extraction from various platforms, strong organizational skills, and a keen eye for detail. While a healthcare background is preferred, it is not mandatory.

Responsibilities:

  • Analyze market trends to establish and maintain competitive pay ranges for the system.
  • Conduct internal salary surveys and research labor market trends.
  • Work closely with leadership and regulatory agencies, such as The Department of Labor, to provide direct oversight on compensation issues related to the organization's facilities and employees.
  • Proficient in extracting necessary data from PR, SAP, Tableau, Success Factors, and IES platforms.
  • Review and recommend changes to compensation policies and procedures.
  • Collaborate with Recruitment staff, hiring managers, Finance, and the executive team to develop and implement compensation plans for new hires, promotions, and transfers.
  • Ensure that compensation decisions are fair, equitable, and compliant with policies and relevant regulations, including the compensation philosophy.
  • Maintain and establish processes to prevent pay errors, including conducting audits to maintain the integrity of compensation structures and associated computer systems.

Requirements:

  • Comprehensive grasp of both hospital employee compensation and the roles/jobs within a hospital environment. Healthcare background is preferred but not required.
  • Demonstrated professional and operational knowledge of various functional areas of human resources in regards to Compensation, both in terms of professional and operational aspects.
  • Working knowledge of all employment laws and regulations, especially governing wage and hour practices (e.g., EEO, OSHA, FMLA, FLSA).
  • Organizational skills to coordinate multiple projects, goals, and objectives.
  • Initiative and self-direction as well as the ability to collaborate as part of a team.
  • Must have strong oral and written communication skills to communicate with employees at all levels within a hospital/academic medical center.
  • Strong systems experience with Excel, SAP, and Tableau.
  • At least three years of experience as a compensation analyst is required.
  • Experience in an academic medical center is preferred.
  • B.S. degree in Human Resources, Business, Finance, or related field. Masters preferred.
Pay Details: $48.00 to $51.00 per hour

Search managed by: Mandy Dillinger

Benefit offerings available for our associates include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits and a 401K plan. Our benefit offerings provide employees the flexibility to choose the type of coverage that meets their individual needs. In addition, our associates may be eligible for paid leave including Paid Sick Leave or any other paid leave required by Federal, State, or local law, as well as Holiday pay where applicable.

Equal Opportunity Employer/Veterans/Disabled

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The Company will consider qualified applicants with arrest and conviction records subject to federal contractor requirements and/or security clearance requirements.