Senior Compensation Analyst

Job Details

Description

The Senior Compensation Analyst is responsible for assisting the HR Total Rewards team with design, implementation, and delivery of processes, programs, and policies using specialized knowledge and skills. This role requires an in-depth understanding of compensation principles, a willingness to partner with the wider HR Total Rewards team to support its initiatives, and capability for solving complex problems. This includes understanding and contributing to the hospital’s business operations, developing short-term and long-term strategic roadmaps, and reviewing existing processes with a fresh perspective. The Senior Compensation Analyst role includes position control through evaluation of job placements, conducting job audits, analyzing and reporting on position fills and vacancies. In addition, determining pay grades based on survey data and internal equity / structure, developing and maintaining other types of position audits that identify compensation needs, and assessing jobs for equitable compensation structures will be required. The Senior Compensation Analyst will be responsible for ensuring that pay rates and requests for pay changes are compliant with the organization’s compensation policies and healthcare industry best practices.

• Supports the HR division in a leading role for compensation projects and holds a supporting role for benefits and other Total Rewards activities.
• Assists the Admin Dir. Human Resources, Compensation Director, and Benefits Manager with Total Rewards and other HR communications and resources.
• Evaluates placement of jobs, conducts job audits, analyzes jobs and determines pay grades based on survey data and internal equity / structure.
• Participates in the analysis, data collection, and document review for major compensation and Total Rewards events, including platform migration, policy amendments, Total Rewards statements, compensation surveys, and other similar Total Rewards projects or activities as needed.
• Assesses jobs and their respective duties to determine FLSA classification.
• Participates in market surveys, audits for compliance with government regulations, research market trends and performs associated analysis.
• Develops job descriptions and oversees the job description database.
• Coordinates the annual increase process including organizing the annual market increase master spreadsheet, creating compensation analysis materials for leaders, and providing them with their department’s letters.
• Assists with Variable Compensation and Bonus programs. Compiles and scores Variable Compensation goal achievements.
• Maintains job descriptions for each position in the organization, ensures descriptions accurately reflect the work being performed by incumbents and assists managers with new job descriptions.
• Oversees Total Rewards team colleagues who conduct the new hire rate quotes.
• Advises management on applicable state and federal employment regulations, compensation, and human resource policies and procedures.
• Keeps abreast of government regulations, compensation program trends, and prevailing practices among similar organizations.
• Partners with IT, Finance, and others when appropriate to accomplish organization-wide initiatives.
• Performs routine eligibility audits to assure the HRIS system is setup properly to offer correct pay and Total Reward offerings.
• Remains abreast of compensation and pay practice regulatory changes, assists with review of related policies to ensure compliance, and coordinates any needed communications and notices.
• Stays knowledgeable of trends and developments with compensation vendors and related technology.
• Tracks and follows-up on team member pay related escalations that require research and coordination with other areas of the organization, HR and / or payroll.
• Conducts team member outreach when follow-ups are necessary due to eligibility and enrollment changes that impact pay.
• Helps with the development of the timelines and trackers for Total Rewards projects and processes.
• Collaborates with rest of the HR team to plan, modify, and customize strategy roadmaps and assists with integrating the benefit goals within the overall annual HR priority planning.
• Updates training materials, guides, or policies as it pertains to each assigned project.
• Works as a HR Total Rewards team member and cross trains other HR professional staff when needed.
• Performs other related duties as assigned.

Education

Bachelor’s degree in Business Administration, Accounting, HR Management, or equivalent related experience required .

Healthcare compensation and finance experience preferred.

Licensure / Certification

CCP, SHRM-CP / SCP, or equivalent certification preferred.

Experience

Experience working in a healthcare industry and / or similarly complex environment preferred.

KSA's

Company Information

Augusta Health is a mission-driven, independent, nonprofit, community health system located in Fishersville Virginia in Virginia’s scenic Shenandoah Valley. Augusta Health offers a full continuum of inpatient and outpatient which includes Augusta Medical Center a bed inpatient facility and Augusta Medical Group which is comprised of practice locations and four urgent care locations.

Equal Opportunity

Augusta Health recruits, hires and promotes qualified candidates for employment without regard to age, color, disability, gender identity or expression, marital status, national or ethnic origin, political affiliation, race, religion, sex (including pregnancy), sexual orientation, veteran or military discharge status, and family medical or genetic information.

Qualifications

Preferred

Required Years of Experience

Expert

Behaviors

Motivations

Experience

Required

3 - 5 years minimum experience in human resources or accounting. Compensation, HRIS, and report writing experience required.

Licenses & Certifications

Preferred

SHRM-SCP

SHRM-CP