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Compensation Analyst
2 months ago
We are offering an exciting opportunity for a Compensation Analyst in the Healthcare industry based in Sacramento, California. The chosen candidate will play a significant role in the Human Resources team, focusing on ensuring competitive and fair compensation for all employees. This role offers a long-term contract employment opportunity.
Responsibilities:
• Undertake regular compensation analyses to assure the maintenance of competitive pay rates and adherence to union agreements.
• Develop, implement, and maintain union compensation programs in collaboration with the human resource and finance team.
• Analyze job descriptions to determine appropriate compensation levels based on the position’s responsibility, knowledge, skills, and geographic location.
• Review and interpret union contracts to guarantee all compensation elements are accurately applied.
• Participate in salary surveys, analyze salary data, and make recommendations based on findings.
• Ensure compliance with federal, state, and local compensation laws and regulations.
• Prepare periodic reports on compensation costs, trends, and projections in collaboration with the HR department.
• Address queries from union representatives and employees about compensation.
• Assist in the negotiation of collective bargaining agreements.
• Utilize accounting software systems and CRM to manage and track compensation data.
• Use data mining techniques to analyze and interpret compensation data.
• Must possess strong knowledge and understanding of Accounting Software Systems.• Experience with ADP - Financial Services is required.
• Proficiency in using CRM is expected.
• Familiarity with Crystal Reports is a must.
• Proficiency in Data Mining Techniques is needed.
• Must have a strong background in Accounting Functions.
• Knowledge of Accrual Accounting is necessary.
• Auditing experience is required.
• Familiarity with Budget Processes is beneficial.
• Experience with Capital Management in the healthcare/NHS industry is preferred.
