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Compensation Analyst

2 months ago

Myrtle Point, Oregon, United States SCA Health Full time

About SCA Health

SCA Health is a leading healthcare organization that provides high-quality patient care and supports physician specialists in various aspects of patient care. With a team of 11,000 teammates, we care for over 1 million patients each year and strive to deliver on the quadruple aim of high-quality outcomes, better patient and provider experiences, and lower total costs of care.

Our Mission

We aim to create value in specialty care by aligning physicians, health plans, and health systems around a common goal. Our dynamic group of physician-driven, specialty care businesses enables us to customize solutions to meet the unique needs of our partners.

Job Summary

We are seeking a highly skilled Compensation Analyst to join our team. The successful candidate will provide broad-based, variable, and executive compensation support activities, including job evaluation, market pricing and benchmarking, salary surveys, incentive plan design, process mapping, policy interpretation, compensation database and system maintenance and administration, analytical and reporting support, and job description development.

Key Responsibilities

  • Conduct compensation analysis and perform financial modeling to create recommendations based on organizational needs, strategy, goal setting objectives, and desired outcomes.
  • Partner with various business stakeholders to support compensation activities on a broad departmental, group, or company-wide basis and/or complex project basis.
  • Provide analytical support in complex aspects of merit budgets, salary structure modifications, and incentive plan data gathering and reporting.
  • Prepare complex economic and cost impact models of compensation initiatives for individually assigned activities or as part of larger Compensation department initiatives.
  • Counsel management in the review of complex pay changes on an individual level or enterprise-wide basis.
  • Keep current in all aspects of compensation through formal and informal training, participation in local and national professional organizations, continuous learning, and reading.
  • Manage complex ad-hoc Compensation projects, analyses, and requests, including acquisitions, integrations, and divestitures.
  • Support Annual Compensation Planning activities (merit pay and bonus administration).
  • Participate in the development of incentive compensation plan designs and assure model validation and alignment with goals, forecasts costs, and develops the communication plans, tools to measure attainment against plan, and calculation of potential award amounts.
  • Counsel business leaders, HR leaders, HR Business Partners, Talent Acquisition teammates, and others across the organization on many aspects of SCA's compensation philosophy, teammate value proposition, market pricing, internal equity, job evaluation, broadband structures, and other aspects of compensation.
  • Develop, analyze, and make recommendations for compensation programs in support of specific business units within the Company to ensure they are competitive within the market, position, and industry.
  • Assist with the enhancement of the compensation aspect in HR information systems (UKG, iCIMS, Service Now) to ensure service delivery on strategies and initiatives.
  • Ensure adherence to organization's compensation-related policies, procedures, and regulations.
  • Comply with local, state, and federal wage regulations.

Requirements

  • Bachelor's degree required.
  • Minimum of 2 years of compensation experience required.
  • Experience with confidentiality requirements associated with the practice of Human Resources, Compensation, and/or Finance.
  • Excellent written and verbal communication skills.
  • Motivated self-starter with excellent time management skills.
  • Managing competing priorities and hitting deadlines is a must.
  • Experience working with and applying compensation techniques, job evaluation, salary survey practices and methodologies, salary program development, job documentation, the elements of total rewards, and target setting concepts.
  • Experience with incentive compensation plan designs, development, deployment, and measurement.
  • Experience with maintaining, administering, or using compensation systems and knowledge of HRIS analytics as they pertain to compensation functions.
  • Knowledge of basic accounting and financial principles and the requirements of collaborating with Finance on relevant compensation activities.
  • Experience working with EEOC, OFCCP, and other compliance requirements.
  • Experience applying the principles of the Fair Labor Standards Act and its applicability to the job evaluation process.
  • Intermediate level skill in Microsoft Word (for example: inserting headers, page breaks, page numbers, and tables and/or adjusting table columns).
  • Advanced level skill in Microsoft Excel (for example: using VLOOKUP function, IF statements, and other conditional logic, creating a pivot table, pivot chart, etc.).
  • Intermediate level skill in Microsoft PowerPoint (for example: applying a theme, formatting character spacing, inserting a picture, changing slide layout and theme colors, adding transitions, customizing slide numbers, changing chart style and/or formatting font).
  • Willing to travel up to 10% of the time for business purposes (within state and out of state).