Compensation Analyst

22 hours ago

Chicago, Illinois, United States American Medical Association Full time
Job Title: Sr Compensation Analyst

Join the American Medical Association as a Sr Compensation Analyst and contribute to the development of compensation programs, policies, and processes. This hybrid role requires 2-3 days a week in the office and involves administering and communicating compensation programs, policies, and processes.

Responsibilities:
  • Compensation Administration: Write new and edit manager's job descriptions, aligned with market best practices, and independently market price roles and align to an internal structure based on external survey data and other related resources.
  • Build base salary compensation recommendations, participate in annual compensation surveys, and manage and execute annual merit and incentive process.
  • Complete data analysis based on current compensation structure and data, maintain Payfactors and other tools to support compensation analysis and job descriptions, and collaborate in developing and implementing compensation program communications materials, employee statements, policies, etc.
  • As assigned, participate in the development or review of sales compensation plans and/or supporting executive and board compensation reporting, and review and follow federal, state, and local compensation laws and regulations and assist with ensuring organizational wide compliance.
Requirements:
  • Required: Bachelor's Degree in Human Resources or Finance related area, five+ years of related work experience in compensation, human resources or finance, demonstrated experience in working with sensitive information and maintaining confidential information.
  • Excellent communication skills and strong interpersonal skills with the demonstrated ability to work effectively with employees at all levels of the organization, proven analytical skills, attention to detail with demonstrated accuracy and thoroughness in final work products such as compensation analysis, employee data, budget reconciliation, etc.
  • Proven ability to learn new software applications and train others in their use, proven ability to multi-task, manage multiple projects and meet conflicting deadlines critical for success, and ability to synthesis data and make sound compensation recommendations based on best practices in the industry.

The American Medical Association is an equal opportunity employer, committed to diversity in our workforce. All qualified applicants will receive consideration for employment. As an EOE/AA employer, the American Medical Association will not discriminate in its employment practices due to an applicant's race, color, religion, sex, age, national origin, sexual orientation, gender identity, and veteran or disability status.

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