Compensation Analyst

1 month ago

Honolulu, United States HMSA Full time
  1. Job Description Evaluation:
    • Reviews job evaluation requests for new or revised job descriptions to determine appropriate salary grade assignment and FLSA exemption status.
    • Reviews job description content, evaluation questionnaires and job equity guidelines to ensure evaluation methodology and criteria are applied consistently and objectively.
    • Asks clarifying questions and conducts desk audits to understand and appraise job functions to evaluate and recommend appropriate salary grade level utilizing job evaluation criteria and available salary market data.
    • Reviews the job qualification requirements to ensure appropriate alignment with comparable jobs and to meet legal and compliance considerations.
    • Reviews the job description with the hiring manager and makes recommended content revisions for alignment prior to job recruitment and posting.
    • Establishes and maintains job codes and related attributes in ADP database. Maintains library of job descriptions.
  2. Salary Administration:
    • Reviews proposed salary actions to ensure salary adjustments are within established guidelines and policies and align with HMSA's pay philosophy.
    • Develops reports and reviews salary data to conduct internal salary equity analysis.
    • Assists in the development of annual salary structure proposal(s). Reviews and adjust the Merit Increase Matrix Guidelines based on projected salary administration budget and planned business objectives.
  3. Project Participation:
    • Participates on various departmental projects and plays a leadership role on various small projects.
  4. Consultation:
    • Provides manager/supervisors with consultative advice/information on compensation strategies and action plans for staff members, career path development, and strategic job development and alignment.
  5. Market Evaluation:
    • Participate in salary surveys to assist management in determining the organization's competitive market position.
    • Identify benchmark job matches.
    • Collect and organize salary data.
    • Analyze survey results, internal and external salary statistics to support and validate salary adjustment proposals/recommendations.
  6. Other Duties/Functions:
    • Performs all other miscellaneous responsibilities and duties as assigned or directed
#LI-Hybrid

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