Compensation Analyst

NorthStar Anesthesia; Irving (TX); Hybrid; USD 70,000 - 100,000; Full time

Benefits offered by this job

Remote-friendly

Job summary

NorthStar Anesthesia seeks a Compensation Analyst to help ensure a competitive market position for compensation, merit, bonus, and equity. The role partners with corporate and clinical leadership to attract, retain, and maintain pay equity across the organization.

This role is remote-enabled with occasional in-person work in Irving, TX as needed; strong analytical skills and effective communication with senior leaders are essential for success.

Qualifications

• Three+ years of experience in the compensation discipline.
• Bachelor's degree in Human Resources, Business Administration, or related field strongly preferred, or equivalent experience.
• Healthcare industry experience strongly preferred with emphasis on clinician compensation programs.
• Certified Compensation Professional (CCP) preferred.

Responsibilities

• Prepare and maintain job descriptions reflecting incumbents' work.
• Administer multiple bonus and incentive programs including processing payments.
• Create and maintain job profiles in HRIS per standards.
• Benchmark roles against market data to set competitive ranges.
• Evaluate roles for classification, exempt/nonexempt status, and salary.

Skills

MS Office Proficiency

Data analysis

Communication skills

Data storytelling

Attention to detail

Independent research

Executive presence

Education

Bachelor's degree in HR/Business

Certified Compensation Professional (CCP)

Tools

HRIS

Job description

Role Overview

Summary/Objective: The Compensation Analyst will aid in ensuring NorthStar’s competitive market compensation position including merit, bonus, and equity. They will partner with corporate and clinical leadership to ensure we are able to attract and retain candidates, while maintaining internal pay equity. ***This position can be performed from anywhere within the United States. Candidates must have reliable internet access and be able to work effectively in a virtual environment. Work site attendance may be required from time to time in accordance with business conditions.***

Essential Functions

• Prepare and maintain job descriptions for each position in the organization; ensure descriptions accurately reflect the work being performed by incumbents.
• Administer multiple bonus and incentive programs, including business development bonuses, production bonuses, and commissions. Responsibilities include calculating and validating payments, entering and approving transactions in the HRIS, maintaining supporting tracking spreadsheets, and ensuring payments are processed accurately and timely.
• Create and maintain job profiles within the HRIS in accordance with established job architecture standards and governance guidelines.
• Benchmark new and existing roles against survey data and other market intelligence tools to determine competitive compensation ranges for each position at all levels of the organization
• Evaluate job positions to determine classification, exempt and nonexempt and salary of job positions in order to reward appropriately and fairly across organization.
• With guidance from VP, advise management on applicable state and federal employment regulations, benefits and compensation policies, human resource procedures, and collective agreements.
• Lead the annual corporate merit cycle, in partnership with Talent & the Corporate HR Business Partners.
• Prepares data and participate in salary surveys. Provides research and/or analysis for special projects (i.e., State Wage Transparency Reporting, DOL requests, etc.).
• Conduct Human Resource analytics, data analysis and interpretation of trends to support proactive planning.
• Prepare ad hoc compensation, merit, and budget related reports as requested.
• Provide training to HR, Clinical Leadership, Corporate Leadership, and others on compensation principles, pay for performance and best practices.
• Remote: This position can work remotely; work site attendance in Irving, TX may be required from time to time in accordance with business conditions.
• Promote NorthStar Anesthesia’s Core Values.
• Demonstrates regular, reliable and predictable attendance.
• Performs other duties as required.

Qualifications

• Three+ years of experience in the compensation discipline.
• Bachelor’s degree in Human Resources, Business Administration, or a related field strongly preferred, or equivalent experience considered.
• Healthcare industry experience strongly preferred with an emphasis on compensation programs designed for clinicians and clinical leaders
• Certified Compensation Professional (CCP) preferred

Knowledge, Skills and Abilities

• Proficient in Microsoft applications, with excellent database and spreadsheet skills
• Prepare and present information in a clear and concise manner
• Communicate effectively both verbally and in writing with people at all levels of the organization. Demonstrative experience with collecting, analyzing, reporting and presenting data.
• Ability to compile and analyze data that can be used to create a data storyline.
• Ability to take initiative without established guidelines and procedures using independent judgment. High degree of attention to detail.
• Ability to independently research problem areas, facilitate meetings and decision-making processes.
• Strong executive presence and ability to lead consultative conversations with senior leaders

About NorthStar

NorthStar Anesthesia is a company of caregivers, founded by an anesthesiologist and a Certified Registered Nurse Anesthetist (CRNA). With more than 4,000 anesthesiologists and CRNAs under its banner, NorthStar partners with more than 280 client sites across over 20 states and counting to deliver a more productive and efficient model of anesthesia care. Its "care team" approach focuses on the provision of high-quality care while measurably improving operating room performance.