Job title: Senior Compensation Analyst
Job type: Direct hire
Job function: Human Resources
Industry: Hospital & Health Care
Experience level: Associate
Education level: Bachelor’s degree
Job classification: Professionals
Compensation: $26.74/hour - $45.13/hour
Location: Pittsburgh, PA
Skills: compensation experience, compensation analysis, incentive and stock-based compensation, CCP, for-profit experience, equity, incentive plans
Experience required:3 Years
Relocation assistance: Yes
Visa requirement: Only US citizens and Greencard holders
Number of positions:1
The Senior Compensation Analyst provides independent consultative analysis to the organization and its Portfolio Companies on the administration of compensation and reward practices and procedures. The Senior Compensation Analyst requires proven ability to develop, propose, and present major total compensation recommendations to senior level management, including those related to incentive and stock-based compensation.
•Complete evaluation of new and existing jobs and recommends pay grades and FLSA status evaluations.
•Develop and update standardized job descriptions for benchmark jobs within the System.
•Maintain standardized job descriptions and job data in PeopleSoft.
•Complete special projects, such as new business unit integrations, as assigned.
•Conduct and participate in compensation surveys.
•Analyze survey data to identify market trends and assure compensation programs are market competitive.
•Develop, implement, and evaluate direct and indirect reward and pay strategies.
•Develop, modify, and run queries and reports to generate data used for compensation planning and audits using People Soft, Excel, and Access.
•Publish monthly reports designed to analyze, trend and implement solutions to add value to the organization.
•Develop, propose, and present major compensation recommendations to business unit human resources and departmental senior management.
•Collect and evaluate compensation data to assist management and/or business unit human resources in making pay decisions and designing pay programs.
•Perform related cost projections. Identify trends and issues proactively and develops plans of action to resolve.
•Project leader for major compensation initiatives (i.e. budget process, merit pay administration, job standardization, e-performance, training & education initiatives).
•Meet project deadlines with minimal supervision.
•Provide direction and leadership to other members of the compensation team.
•Research and act as subject expert regarding laws and compensation trends.
•Serve as a resource for the interpretation of federal and state laws related to pay programs to ensure compliance.
•Review and evaluate proposed or new legislation and recommends appropriate solutions for compliance.
•Serve as a consultant to business unit human resources on compensation-related issues.
•Communicate to assigned business units in a concise, customer-focused format.
•Ensure business unit human resources have current and accurate compensation information and related policies/procedures. Design and conduct specialized training as appropriate.
•Conduct FLSA training sessions for Human Resources and Department Managers.
•Write system-wide compensation policies for the Company Policy and Procedure Manual and assist with reviewing and updating the Compensation Manual.
•Bachelor’s degree in Human Resources, Business or related field required
•Master’s degree in Human Resources, Business or related field preferred
•Three years of professional-level compensation experience required
•Advanced knowledge of compensation analysis and job evaluation required
•Advanced knowledge of federal and state laws and rules concerning human resources management required
•Advanced knowledge of federal and state wage and hour laws required
•Experience building compensation programs for technology companies; experience with incentive and stock-based compensation and having a keen understanding of the national high tech and health care talent market places is highly preferred
Licensure, Certifications, and Clearances:
• Compensation Professional (CCP) preferred.
• Company is an equal opportunity employer. Minority/Females/Veterans/Individuals with Disabilities
• Looking for a Sr Compensation Analyst with 3-5 years of experience. This is not a typical compensation analyst. We are looking for candidates with for-profit, equity and incentive plans experience.
• Will relocate the right candidate.
Company develops and delivers life changing medicine by working at the apex of healthcare and technology, translating science and research into accessible cures, and consistently working to accelerate the pace of innovation worldwide. A world-renowned health care provider and insurer, Pittsburgh-based firm is inventing new models of accountable, cost-effective, patient-centered care. It provides more than $887 million a year in benefits to its communities, including more care to the region’s most vulnerable citizens than any other health care institution. The largest nongovernmental employer in Pennsylvania, company integrates more than 62,000 employees, 22 hospitals, 400 doctors’ offices and outpatient sites, a 2.2-million-member health insurance division, and international and commercial operations.
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