Compensation Analyst

Sentara Workforce Solutions, LLC; Norfolk (VA); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical, Dental, Vision plans

Paid Time Off and Sick Leave

401k/403B with Employer Match

Tuition Assistance

Life Insurance

Disability plans

Employee Assistance Program

Discounted educational opportunities

Job summary

Sentara Workforce Solutions, LLC in Norfolk, VA seeks a Compensation Analyst to design, budget, implement and report on compensation policies to attract, retain and engage colleagues.

You will review market data, analyze salary sources, and collaborate with HR business partners to align pay with market and company goals. The role supports job hierarchies, administers bonus and merit programs, and requires strong Excel skills and experience with HRIS/payroll systems.

Qualifications

• Bachelor's level degree required.
• 1 year of compensation experience required.
• Broad Based Compensation experience strongly preferred.
• Experience with HRIS/payroll systems and Excel required.

Responsibilities

• Review market data from salary sources to ensure competitive compensation.
• Collaborate with HR partners to offer attractive pay packages.
• Support job hierarchies and define levels within the structure.
• Administer bonus plans aligned with performance goals.
• Support merit and other compensation practices.

Skills

Excel

HRIS/payroll systems

Data analysis

Microsoft Office

Education

Bachelor's degree

Tools

Workday

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 skillsBenefits: Caring For Your Family and Your CareerMedical, Dental, Vision plansAdoption, Fertility and Surrogacy Reimbursement up to $10,000Paid Time Off and Sick LeavePaid Parental & Family Caregiver LeaveEmergency Backup CareLong-Term, Short-Term Disability, and Critical Illness plansLife Insurance401k/403B with Employer MatchTuition Assistance – $5,250/year and discounted educational opportunities through Guild EducationStudent Debt Pay Down – $10,000Reimbursement for certifications and free access to complete CEUs and professional developmentPet InsuranceLegal Resources PlanColleagues 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.