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Senior Compensation Analyst
4 months ago
Overview:
Our team members are the heart of what makes us better.
At Hackensack Meridian Health we help our patients live better, healthier lives and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. Its also about how we support one another and how we show up for our community.
Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change.
The Senior Compensation Analyst is responsible for the administration of Hackensack Meridian Health Compensation Programs, upgrades, implementation and maintenance of related HRIS database tables and Compensation modules, as well as the centralized Job Description Library.
Responsibilities:A day in the life of a Senior Compensation Analyst at Hackensack Meridian Health includes:
- Develops strong partnerships and provides consultation and support to assigned Department Directors as well as other HR departments for all Compensation activities.
- Evaluates and analyzes salary data, determines pay grades, and conducts or participates in compensation surveys; analyzes and recommends new surveys for participation and changes to sponsored surveys to remain market competitive.
- Assigns salaries to employees based on market data and the internal equity of the job.
- Makes recommendations for salary adjustments based on survey results.
- Administers all compensation programs including, but not limited to, incentive plans, physician compensation, annual increases, gainsharing programs, certification payments, etc.
- Compiles statistical information and prepares reports relating to compensation and position management utilizing the HRIS system.
- Creates job descriptions reflecting appropriate title, essential functions, qualifications, and requirements.
- Researches and resolves compensation issues based on employee inquiries.
- Conducts job evaluations and may serve on job evaluation committees.
- Provides expertise and/or acts as team lead for new HR Technology/Compensation upgrades/implementations/integrations and process improvements.
- Relies on experience and judgment to plan and accomplish goals.
- May provide support for productivity programs (gainsharing, patient experience) as needed, such as program implementation.
- Performs a variety of complicated tasks.
- May lead and direct the work of others.
- Adheres to the standards identified by the Medical Center's Organizational Competencies.
Qualifications:
Education, Knowledge, Skills and Abilities Required:
- Bachelors degree in a related area.
- Minimum of 4 years of experience in the field or in a related area.
- Knowledge of the field's concepts, practices, and procedures.
- Knowledge of HRIS systems.
- Wide degree of creativity and latitude.
- Proficient Microsoft Office computer skills.
Licenses and Certifications Preferred:
- Certified Compensation Professional.
If you feel that the above description speaks directly to your strengths and capabilities, then please apply today
