Position Title:
Sr Compensation & Benefits AnalystFull Time Days Monday-Friday
8:00am-4:30pm
Hybrid: Will work remote
one day a week
Compensation: $95,100.00-$134,000.00
The estimated range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and comparisons to colleagues in similar roles
Position Summary:
The Senior Compensation & Benefits Analyst analyzes, designs, and administers employer
compensation programs and benefit programs. Designs and communicates pay structures, grades,
and compensation budgets. Develops and administers benefits programs, and communicates
eligibility and coverage information to employees. Advises managers on effective pay decisions.
Develops and maintains job descriptions and job architecture. Participates in compensation surveys, conducts research and analysis on market competitiveness, pay equity, and compensation trends. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department.
Key Responsibilities:
Essential Functions- Administer and manage the organization's compensation programs, including job evaluations, salary analyses, market pricing, pay equity reviews, compensation recommendations, and the annual merit increase process.
- Administer employee benefits programs, serving as a senior-level resource for benefits administration, vendor coordination, annual open enrollment, and the resolution of complex employee benefits issues.
- Serve as the primary point of contact for physician compensation and benefits, ensuring accurate administration and timely resolution of inquiries.
- Provide subject matter expertise and guidance to executive leadership, managers, and HR staff on compensation and benefits policies, programs, and best practices.
- Partner with Payroll, Finance, and Human Resources leadership to ensure the accuracy, integrity, and compliance of compensation and benefits data, processes, and programs.
- Analyze compensation and benefits data, market trends, and workforce metrics to develop recommendations that support organizational competitiveness, equity, and strategic decision-making.
- Develop, maintain, and update Total Rewards policies, procedures, guidelines, and employee communication materials to ensure consistency and regulatory compliance.
- Ensure compliance with all applicable federal, state, and local laws and regulations related to compensation, benefits, wage and hour requirements, and pay practices.
- Provide guidance, training, and mentorship to HR team members and departmental leaders on compensation and benefits programs, processes, and related systems.
- Participate in compensation surveys, audits, special projects, and continuous process improvement initiatives to enhance the effectiveness and efficiency of Total Rewards programs.
- Maintain the confidentiality of employee compensation and benefits information while exercising sound judgment and discretion in handling sensitive data.
- Perform other duties and special projects as assigned to support the Human Resources and Total Rewards functions.
Qualifications:
- At least five years of experience providing compensation and benefits services for a large
organization, hospital experience a plus;
- Proficient with Microsoft Office applications;
- Experience delivering performance and merit review processes;
- Experience conducting new hire orientation and open enrollment education events;
- Ability to respond to requests quickly and professionally.
Benefits - Comprehensive health insurance plans (medical, dental, vision)
Coverage begins first day of employment - Employer-matched retirement plans
- Eligibility for the Public Service Loan Forgiveness (PSLF) Program
- Free on-site parking