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Compensation Analyst

5 months ago

Framingham, United States Definitive Healthcare, US Full time
Job DescriptionJob Description

At Definitive Healthcare, our passion is to transform data, analytics and expertise into healthcare commercial intelligence. We help clients uncover the right markets, opportunities and people, so they can shape tomorrow's healthcare industry. Our SaaS platform creates new paths to commercial success in the healthcare market, so companies can identify where to go next.

Our employees are kind, collaborative, energetic, approachable and driven. On top of that, we value the unique perspectives, backgrounds and voices of our employees. Why? Because their diverse experiences drive new ideas and help us build a better community.

For over 10 years, we've built a collaborative culture driven by employees who share a passion for improving the healthcare ecosystem, enjoy giving back to the local community and value diversity and inclusion.

One of the hallmarks of our culture is our commitment to community service. Through the DefinitiveCares program, employees can work with their choice of more than 40 charitable organizations, supporting causes from hunger and homelessness to healthcare, LGBTQ+ issues, racial justice, women's initiatives and more. 2021 marked the sixth year that we had 100% employee participation in DefinitiveCares.

We also provide a range of opportunities for employees to connect with each other. Employees can join any of our employee run affinity groups supporting causes such as women's empowerment, LGBTQ+, Black, indigenous and people of color (BIPOC), disabilities and working parents and potential for many more. Affinity groups often enable greater education companywide through training, events and speaker series.

We're also a great place to work. For five years in a row, we've been recognized by the Boston Business Journal and the Boston Globe as a best place to work in Massachusetts. In 2022, Energage recognized us for Culture Excellence in Compensation & Benefits, Innovation, Great Leadership, Purpose & Value and Work-Life Flexibility

Think you'd be a good addition to our team? Explore our available positions here. We'd love the chance to get to know you.

Are you a Compensation Analyst looking for your next opportunity to make an impact within a small and mighty Total Rewards Team as we bring our compensation philosophy from document to action? Do you love spreadsheets, numbers, data and find personal fulfillment in obtaining solutions to problems? Come join our team. You will have the opportunity work on cash, short and long-term variable compensation programs as we scale and evolve our compensation structures. Reporting to the Director, Total Rewards you will be responsible for day-to-day administration and ongoing development of our compensation programs.

What You'll do:

Compensation Program Management

  • Develop and maintain ranges and pay guidelines for all compensation elements across all job families and levels.
  • Benchmark new and existing roles to market survey data; manage the annual market data compensation survey process.
  • Review jobs for compensation compliance including FLSA, Pay Equity and Pay Transparency.
  • Build data sets for annual and mid-year compensation planning cycles.
  • Maintain annual bonus program payout calculations adjusting for changes in eligibility.
  • Oversee all compensation-related tools; identify improvement opportunities that enhance program effectiveness and efficiency.

Modeling & Analytics

  • Develop models that support decision-making around individual compensation changes, equity forecasting, compensation program changes, etc.
  • Build and evolve the comp planning tool in partnership with the Director, Total Rewards.
  • Support pay equity analyses to ensure alignment across the organization, within functions and in support of global compensation compliance.
  • Analyze and report on compensation trends and key metrics for management reporting and to improve our Total Rewards policies / practices.

Consultation

  • Develop comp change recommendations for promotions, internal transfers, and other job changes.
  • Partner with the Talent Acquisition team to develop competitive offers.
  • Provide recommendations to enhance and scale the DH Total Rewards programs.

What You'll Need:

  • Bachelor's Degree in Human Resources, Business, Finance, or a related field.
  • A minimum of 3 years of related experience in compensation analysis and program administration, with exposure to various compensation structures and strategies.
  • Strong analytical skills and proficiency in data analysis and compensation benchmarking, with the ability to present findings effectively.
  • Excellent communication and collaboration skills, capable of working with stakeholders at multiple levels and across different functions.
  • Experience with HR Technology Systems (ADP WFN a plus) and Compensation Tools (CompXL), with an emphasis on analytical and presentation tools like Microsoft Excel and the MS Office suite.
  • Ability to work in a dynamic, fast-paced environment, managing multiple projects with tight deadlines and changing priorities.
  • Experience working with equity plans in a publicly traded company.

Why we love Definitive, and why you will too

  • Industry leading products
  • Work hard, and have fun doing it
  • Incredibly fast growth means limitless opportunity
  • Flexible and dynamic culture
  • Work alongside some of the most talented and dedicated teammates
  • Definitive Cares, our community service group, gives all of us a chance to give back
  • Competitive benefits package including great healthcare benefits and a 401(k) match

What our Employees are saying about us on Glassdoor:

"Great Work atmosphere, great work life balance, excellent company to work for, amazing top notch product, incredible customer service, lots of tools to help you succeed."

-Business Development Manager

"Great team. Amazing growth. Employees are treated very well."

-Research Analyst

"I have waited 36 years to work at a dream job for a dream company and I am so happy to have finally got there."

-Profile Analyst

If you don't fit all of these qualifications, but believe you're still a great fit, feel free to apply and tell us why in your cover letter.

If you are a California, Colorado, New York City or Washington resident and this role is a remote role, you can receive additional information about the compensation and benefits for this role, which we will provide upon request.

Definitive Hiring Philosophy

Definitive Healthcare is an equal opportunity employer that celebrates diversity and is committed to creating an inclusive workplace with equal opportunity for all applicants and teammates. Our goal is to recruit the most talented people from a diverse candidate pool regardless of race, color, religion, age, gender, gender identity, sexual orientation or any other status. If you're interested in working in a fast growing, exciting working environment – we encourage you to apply

Privacy
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Please note: All communications regarding the hiring process at Definitive Healthcare will come directly from one of our corporate recruiters or coordinators with an @definitivehc.com email address. We will never request any money transfer or purchase of equipment with a promise of reimbursement. If you receive any suspicious communications, please reach out to careers@definfitivehc.com to confirm your status in the application process.