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Compensation Analyst

3 months ago

Chicago, Illinois, United States Aston Carter Full time
:

Summary;

Assists in the design, development, execution, and communication of company compensation programs, tools and processes. Conducts analyses of jobs, hourly wages, salaries, and incentives in order to evaluate internal equity, external competitiveness, as well as legal compliance of the organization's pay practices. Assists with the development and implementation of compensation training and projects.

Responsibilities

1.Serves as SME on projects for larger compensation initiatives. Supports and identifies opportunities for enhancement and change in compensation programs, policies and procedures. Recommends and implements approved changes to process and policy.

2.Conducts job evaluation analyses. Evaluates positions using standard job evaluation techniques. Conducts equity analyses both internal and external. Presents written recommendations based on analysis and budgetary considerations, and maintains department log to document requests and outcomes.

3.Partners with HRBP to consult and advise on departmental requests, providing options and solutions to create alignment and synergy across system.

4.Conducts large scale market studies, creating cost-effective solutions and presenting proposals to department management. Assists in developing solutions for complex issues that arise within the medical center that have a compensation component.

5.Completes and submits relevant salary surveys. Maintains log of survey participation. Assists in preparing budget estimates for survey expenses. Coordinates work with outside consultants regarding special surveys or wage studies.

6.Partners with HRBP and leaders to revise job descriptions using data received from managers, incumbents, third parties, and knowledge of the company's policies and culture.

7.Works with HRIS to ensure updates regarding compensation related HR data in the system of record. Acts as a compensation subject matter expert on system implementations impacting compensation.

8.Assists in the management of the annual performance evaluation and merit increase process. Coordinates the flow of data from departments to approvers and HR.

9.Manages the annual update of medical center salary structures based on analysis of benchmark survey data.

10.Assists with education, training and quality audit activities to ensure compliance with current Joint Commission Human Resource Standards.

11.Serves as an expert resource to others in department and throughout medical center, providing advice and consultation to regarding pay decisions and compensation guideline interpretation. Conducts training for people managers.

12.Reviews and recommends changes to compensation policies and procedures. Focuses on process automation for compensation administrative tasks.

13.Leads departmental projects, completes special projects and other duties as assigned.

Additional Skills & Qualifications:

MUST HAVES:

Bachelor's Degree in Business, Finance, Human Resources Management or related discipline.

Five years of progressive experience in Compensation

+ emphasis on the practical application of statistical theory.

Exceptional analytical and problem-solving skills, with accuracy and attention to detail.

Ability to manage multiple responsibilities while prioritizing and meeting deadlines.

Ability to work autonomously and make independent decisions.

Strong computer skills, including familiarity with MS Word, Excel, Access, and HRIS systems.

Excellent oral and written communication skills.

Customer-service focused and able to interact effectively and professionally with all levels of employees and managers in a

team-based environment.

About Aston Carter:

Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing double diamond winner for both client and talent service.

Diversity, Equity & Inclusion

At Aston Carter, diversity and inclusion are a bridge towards the equity and success of our people. DE&I are embedded into our culture through:

+ Hiring diverse talent

+ Maintaining an inclusive environment through persistent self-reflection

+ Building a culture of care, engagement, and recognition with clear outcomes

+ Ensuring growth opportunities for our people

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email ) for other accommodation options.