What are the responsibilities and job description for the Compensation Specialist- Human Resources- Physician Practice position at Hackensack Meridian Health?
Compensation Specialist- Human Resources- Physician Practice
Job ID
2024-146577
Department
Human Resources-Compensation
Site
HMH Hospitals Corporation
Job Location
US-NJ-Edison
Position Type
Full Time with Benefits
Standard Hours Per Week
40
Shift
Day
Shift Hours
8:30 a.m- 5 p.m
Weekend Work
No Weekends Required
On Call Work
No On-Call Required
Holiday Work
No Holidays Required
Job Post Information* : External Company Name
Hackensack Meridian Health
Job Post Information* : External Company URL
https://www.hackensackmeridianhealth.org/
Job Post Information* : Posted Date
5/14/2024
Job Location : Postal Code
08837
Job Location : Address
499 Thornall Street
Qualifications:
Education, Knowledge, Skills and Abilities Required:
- Bachelor's degree in Human Resources, Business Administration, Finance or a related field.
- Some experience in a related area or field.
- Advanced skills in Microsoft Excel and Word.
- Strong attention to detail.
- Ability to analyze and interpret large data files.
Education, Knowledge, Skills and Abilities Preferred:
- Prior Human Resources experience.
- Prior Compensation experience.
Licenses and Certifications Preferred:
- Certified Compensation Professional.
If you feel that the above description speaks directly to your strengths and capabilities, then please apply today!
Responsibilities:
A day in the life of a Compensation Specialist at Hackensack Meridian Health includes:
- Researches and resolves compensation issues based on employee inquiries.
- Handles all Leader Self Service transactions within PeopleSoft that roll up to the Compensation department including, but not limited to, pay rate change requests, employee transfers, position reclassifications, and additional pay changes.
- Manages the Human Resources Job Description Library ensuring all job descriptions are updated as well as in the proper job description format and maintained within PeopleSoft.
- Develops job descriptions reflecting appropriate title, essential functions, qualifications, and requirements.
- Conducts internal comparisons to ensure wage and salary range recommendations are equitable.
- Evaluates and analyzes salary data and makes recommendations to more senior members of the compensation team for approvals.
- Participates in compensation surveys compiling and submitting requested data followed by analyzing the results and making recommendations to more senior members of the compensation team.
- Compiles statistical information and prepares reports relating to compensation and position management utilizing the HRIS system.
- Creates and provides reports using PeopleSoft and Excel spreadsheets.
- May provide support for productivity programs (gainsharing, patient experience) as needed, such as program implementation or maintenance.
- Partners with all divisions within Human Resources as well as Finance and Payroll in various functions.
- Evaluates compensation offers for internal transfers and new hires.
- Other duties and/or projects as assigned.
- Adheres to HMH Organizational competencies and standards of behavior.