Compensation Analyst

Medical Facility located in mid-Westchester is looking for an experienced Compensation Analyst to join their team on a long-term contract basis. The ideal candidate will be able to provide in-depth analysis with respect to the administration of job evaluation, base pay, and short-term incentive pay programs. This position is 100% on-site.

Responsibilities:

Coordinates and manages job evaluations to ensure equitable and consistent establishment of job standards and worth and presents findings to appropriate parties. Audits jobs for content and assists managers with development and maintenance of job descriptions that accurately reflect job responsibilities. Responsible for managing the salary structure and job hierarchy. This includes participating in salary surveys and utilizing survey data to determine the necessity of structure shifts as well as ensuring the internal equity within the job hierarchy. Analyzes, prepares, and communicates recommendations with the appropriate executive level approvers. Analyzes market data as well as knowledge of market trends and the decisions of both the business units and other local employers to set the annual pay increase budget. Is responsible for ensuring and communicating to Senior Leadership adheres to both pay increase and incentive plan budgets. Conducts special compensation analysis to determine competitiveness and develops creative design and solutions for retention and other goals of the organization. Responsible for ensuring compliance with all compensation related legislation, including FLSA. Works with Talent Acquisition team, hiring managers, and department leaders to determine the salary and bonus for offers of employment by utilizing market data as well as internal data and ensures both market and internal equity. Serves as a consultant to all HR Business Partners and leaders with regards to compensation philosophy and processes, as well as the administration of individual employee pay.

Qualifications/Requirements:

Experience:

3 or more years demonstrated compensation analyst experience required. Hospital or healthcare setting preferred

Education:

Bachelor's degree in Finance, Accounting or business-related field or equivalent combination of technical and functional experience required. Licenses /

Certifications:

Certified Compensation Professional (CCP) certification, or currently in pursuit of CCP designation preferred. Demonstrated strong analytical, math, and negotiation skills; ability to successfully perform independent in-depth analysis and present findings. Knowledge of compensation programs and laws including base pay and variable pay. Must be highly proficient in Microsoft Excel. Proficiency in HRIS database management, analysis, logic, and report generation. Demonstrated ability to influence and effectively coach at all organizational levels. Ability and confidence to work as a credible partner with all levels of the Company's executive, management, and operational staff. Flexible work schedule will be necessary at times, depending on the employee issue and other commitments with the department. #INDWP