Compensation Analyst

Sentara Workforce Solutions, LLC; Norfolk (VA); On-site; USD 81,000 - 120,000; Full time

Benefits offered by this job

Medical, Dental, Vision plans

401k with employer match

Paid Time Off

Job summary

Sentara Health in Norfolk, VA seeks a Compensation Analyst to design, budget, implement, and report on compensation policies. You will partner with compensation leadership and HR business partners to align market data with organizational strategy and drive talent attraction and retention.

The role emphasizes analyzing salary market sources, supporting merit and bonus programs, and collaborating with stakeholders to position job levels within a clear hierarchy.

Qualifications

• Bachelor's level degree
• 1 year of compensation experience
• Broad based compensation experience preferred
• Strong Excel skills
• Accounting or Finance background in lieu of compensation experience
• Workday experience (preferred)

Responsibilities

• Reviewing market data to ensure competitive compensation in the relevant market.
• Collaborating with business stakeholders to support attractive compensation packages.
• Providing input on defining job hierarchies and roles within a hierarchical structure.
• Administering bonus plans aligned with performance goals.
• Supporting stakeholders in administering merit and other compensation practices.

Skills

Excel

HRIS/payroll systems

Microsoft Office

Data analysis

Market research

Stakeholder collaboration

Education

Bachelor's degree

Tools

HRIS/payroll systems

Job description

City/StateNorfolk, VAWork ShiftFirst (Days)Overview:Compensation AnalystThrough a deep understanding of the organization’s strategy and operational model, the Compensation Analyst is involved in designing, budgeting, implementing, and reporting on compensation policies and practices to ultimately attract, retain and engage colleagues.The Compensation Analyst will collaborate with compensation leadership, organizational leadership and human resources business partners to understand business needs while incorporating research and market data to inform the work product.Primary responsibilities and duties include:Reviewing market data: Analyze data from various salary market sources to ensure the organization’s compensation is competitive in the relevant market. This crucial task involves the intake of large amounts of data, spotting trends, and applying those insights to the organization’s compensation strategy.Collaborating with business stakeholders: Provide specialized insights that enable the Talent Acquisition Team to offer attractive compensation packages to prospective colleagues. The Compensation Analyst may also be consulted on promotional opportunities for both employee readiness and pay.Supporting job hierarchies: Share input in defining the various job levels and roles across the organization and positioning them within a hierarchical structure.Bonus plans: Administer bonus plans that align with the organization’s performance goals and motivate and reward employees based on both individual and company performance.Administering merit: Responsible for supporting various stakeholders in administering merit and other compensation practices.Strong candidates will have a high level knowledge of HRIS/payroll systems, Microsoft Office Suite and strong Excel user skills with the ability to work with complex spreadsheets is required.Broad Based Compensation experience is strong preferredEducationBachelor's level degreeCertification/Licensuren/aExperience1 year of compensation experienceBroad based Compensation experienceAccounting or Finance background (in lieu of comp experience).Work day experience (preferred)Strong Excel skillsWe provide market-competitive compensation packages, inclusive of base pay, incentives, and benefits. The base pay range for full-time employment is $80,953.60 - $119,912.00 annually. Additional compensation may be available for this role, such as shift differentials, on-call pay, shift premiums, extra-shift incentives, or bonus opportunities. Compensation within the range may vary based on qualifications, experience, location, market conditions, and business needs. Note: If an annual salary is posted, it is based on a full-time colleague working 2,080 hours annually. Sentara offers a comprehensive benefits package, including medical, dental, vision, life and disability insurance; 401(k)/403(b) with employer match; paid time off (vacation, sick time, and holidays); paid parental and military leave; educational assistance or student loan repayment; and voluntary benefits.Benefits: Caring For Your Family and Your Career• Medical, Dental, Vision plans• Adoption, Fertility and Surrogacy Reimbursement up to $10,000• Paid Time Off and Sick Leave• Paid Parental & Family Caregiver Leave• Emergency Backup Care• Long-Term, Short-Term Disability, and Critical Illness plans• Life Insurance• 401k/403B with Employer Match• Tuition Assistance – $5,250/year and discounted educational opportunities through Guild Education• Student Debt Pay Down – $10,000•Pet Insurance•Legal Resources Plan•Colleagues have the opportunity to earn an annual discretionary bonus if established system and employee eligibility criteria is met.Sentara Health is an equal opportunity employer and prides itself on the diversity and inclusiveness of its close to an almost 30,000-member workforce. Diversity, inclusion, and belonging is a guiding principle of the organization to ensure its workforce reflects the communities it serves.In support of our mission “to improve health every day,” this is a tobacco-free environment.For positions that are available as remote work, Sentara Health employs associates in the following states:Alabama, Delaware, Florida, Georgia, Idaho, Indiana, Kansas, Louisiana, Maine, Maryland, Minnesota, Nebraska, Nevada, New Hampshire, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.