Compensation Analyst

Responsibilities:

Customer Relations

• Actively seeks to provide quality services that meet the needs of Sheppard Pratt managers, employees and applicants.

• Demonstrates commitment to confidentiality and fairness in all communications and actions.

Job Descriptions & Pay Range Determination

• Prepares and maintains job descriptions; ensures descriptions accurately reflect the work being performed by incumbents.

• Interviews and surveys employees and managers to gather and document job, organizational, and occupational information including duties, responsibilities, and skills required by each job.

• Assesses jobs and their respective duties to determine classification as exempt or nonexempt and appropriate pay range.

Compensation Administration

• Prepares and maintains job classifications and pay scales. Maintains active position and pay scale data in HRIS, communicates data to Finance Office for budget software/planning, and prepares and disseminates reports as needed.

• Documents and maintains Sheppard Pratt policies and practices subject to leadership approval. Administers and communicates approved policies and practices. Reviews pay practices and policies, making recommendations for revisions if necessary.

• Plans and communicates preferred methods and best practices for compensating employees.

• Works with IT to import pay increase files for general increases, market adjustments and related mass changes. Assures the integrity of data.

Market Pay Analysis

• Participates in and gathers data from market-based compensation surveys; benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.

• Uses spreadsheet and data analysis techniques to assess results and market trends.

• Maintains knowledge of economic conditions, labor market, competitive landscape and other factors related to ensuring the organization provides competitive and reasonable compensation.

• Maintains knowledge of trends, developments, and best practices in compensation administration.

Compliance

• Advises management on applicable state and federal employment regulations, compensation policies, human resource procedures.

• Explains and maintains strong knowledge base of policies and legal constraints; effectively communicates these to managers and employees.

• Completes records, reporting, and other documentation required by federal, state, and provider rules, regulations, and policies.

Resource/Training

• Provides consultation to recruiters in determining job offers and pay equity reviews.

• Works in close collaboration with the Payroll Manager to assure that payroll reflects approved policies, practices, and legal compliance.

• Collaborates with HR staff across each practice area for both compensation issues and overarching Human Resources projects.

• Takes an active role in coordinating the integration of Community Services compensation and job descriptions into a combined compensation program.

• Participates in other projects and assignments as needed.

Knowledge, Skills, and Abilities Required:

• Work requires a Bachelor's degree in Human Resource Management, Business Administration, or related field; CCP or HRCI/SHRM certification may be substituted for degree. CCP, HRCI or SHRM certification preferred.

• Work requires at least 2 years’ compensation analyst experience, preferably in a healthcare, nonprofit or education environment; must possess:

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• excellent verbal and written communication skills;

• comprehensive knowledge of human resource laws, regulations and best practices;

• extensive knowledge of quantitative and qualitative research methods;

• excellent organizational and time management skills;

• proficiency with Microsoft Office Suite or similar software;

• proven attention to detail and accuracy in maintaining data, files and systems.

• Work requires analytical ability sufficient to extract and analyze data from written material, observation and communications, make statistical calculations, develop reports and systems to facilitate efficient decision-making.

Benefits:

At Sheppard Pratt, you will work alongside a multi-disciplined team led by a bold vision to change lives. We offer:

• A commitment to professional development, including a comprehensive tuition reimbursement program to support ongoing education and licensure and/or certification preparation

• Comprehensive medical, dental and vision benefits for benefit eligible positions

• 403b retirement match

• Generous paid-time-off for benefit eligible positions

• Complimentary Employee Assistance Program (EAP)

• Generous mileage reimbursement program

The pay range for this position is $62,386.69 to $99,600.18 maximum. Pay for this position is determined on a number of factors, including but not limited to, years and level of related experience.

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