Compensation Analyst (On-Site, Mattoon, IL)

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Compensation Analyst (On-Site, Mattoon, IL)

Job Description

The Compensation Analyst is responsible for administration, support and continuous improvement (cost and efficiency) initiatives and activities related to our system compensation policies, and practices. Responsible for support and administration related to compensation cycles; day to day functions, planning, maintaining salary structures, administration, participation in compensation surveys and projects. Develops a thorough understanding of HR data structures, metrics, processes and tools. Creates and customizes timely metrics, trends, statistical data, analytics, summaries, graphical representation, and special reports as required utilizing HRIS systems, Excel and other applications to manipulate, analyze and logically present data to various audiences. Identifies HR (Human Resources) needs and the HRIS reports to fulfill these needs. Partners across department lines with IS, Payroll and other areas.

Department: Human Resources

Hours: 40 hours a week required:

Shift: Monday - Friday; 8am - 4:30pm

Required: Bachelor's Degree

Pay: based on experience, starting at $66,768.00

Responsibilities
Administers the compensation function to promote and effective, equitable, and competitive compensation program for Health System staff., Assists leaders with interpretation and administration of policy. Remains current with applicable labor law and advises managers effectively to ensure compliance., Build compensation-related analytics around pay parity and distribution., Conducts market research and analysis to derive insights and recommendations., Consistent track record in operating as part of an all-star collaborative team., Consults with HRBPs, Recruiters, and Managers in all things compensation while using a data-driven approach., Develops recommendations for compensation programs, assists with implementation and recommends modifications / improvements as indicated., Drives our annual compensation planning process end to end, including salary and equity plan design, leader training, and effective communication to leaders and employees, Ensure that practices, programs, and processes are in compliance with federal and state requirements (i.e. FLSA, DOL, ERISA, FMLA, ADAAA, and COBRA)., Exceptional communication skills and presentation skills are essential (verbal, listening and written)., Partners with HR and Operations to deliver comprehensive HR reporting and trend analysis that support business outcomes and decisions., Partners with the recruiting team on new hire compensation offers, best practices, market trend deep dives, decline analysis and offer negotiations, Responsible for appropriate maintenance of job descriptions, leads job analysis function.

Requirements
Bachelor's Degree (Required)

Compensation

Estimated Compensation Range
$66,768.00 - $103,500.80
Pay based on experience