Compensation Analyst

LifeStance Health Inc.; Northern (KY); Hybrid; USD 62,000 - 74,000; Full time

Job summary

LifeStance Health Inc. is seeking a Compensation Analyst to join our remote team. You will perform analyses, develop recommendations, and partner with HR and leaders to administer our compensation programs aligned with our total rewards strategy.

The ideal candidate has solid data analysis skills, advanced Excel, and experience with Workday. Healthcare experience is preferred, and you must be legally authorized to work in the United States. This is a full-time role.

Qualifications

• Bachelor’s degree or equivalent experience.
• At least 1 year as a compensation analyst or in a highly analytical role.
• Advanced Excel skills and data analysis abilities.

Responsibilities

• Conduct compensation analyses and recommend rate changes.
• Review and investigate Workday compensation actions for accuracy.
• Model analyses to support compensation and total rewards programs.
• Collect market data and benchmark positions against the market.
• Draft job descriptions and collaborate with stakeholders.

Skills

Data analysis

Excel

Communication

Workday

Healthcare knowledge

Problem solving

Education

Bachelor’s degree

Tools

Workday

Job description

## Compensation AnalystApply: Remote: USA-Remote: Full time: Posted Today: JR106998At LifeStance Health, we strive to help individuals, families, and communities with their mental health needs. Everywhere. Every day. It’s a lofty goal; we know. But we make it happen with the best team in mental healthcare.Thank you for taking the time to explore a career with us. As the fastest growing mental health practice group in the country, now is the perfect time to join our team!*LifeStance Health Values** Belonging: We cultivate a space where everyone can show up as their authentic self.* Empathy: We seek out diverse perspectives and listen to learn without judgment.* Courage: We are all accountable for doing the right thing - even when it's hard - because we know it's worth it.* One Team: We realize our full potential when we work together towards our shared purpose.*Benefits* As a full-time employee of LifeStance Health, the following benefits are offered: medical, dental, vision, AD&D, short and long-term disability, and life insurance. Additional benefits include a 401k retirement savings with employer match, paid parental leave, paid time off, holiday pay and an Employee Assistance Program. **ROLE OVERVIEW** Plays an integral role in the administration of compensation programs, policies, and procedures. Performs compensation functions, in support of the compensation philosophy and structure, providing complex analyses and compensation-related recommendations for our internal customers of leaders and human resource partners. A successful Compensation Analyst will be detailed-oriented, have a collaborative communications style and strong analytical aptitude. **COMPENSATION**: $61,539 - $73,847/annually in addition to a competitive bonus plan **RESPONSIBILITIES** * Conduct experience analyses and recommend new hire, promotion, transfer, and market adjusted rates based on the organization’s crediting guidelines and compensation strategy.* Review, approve and/or investigate Workday compensation-related actions to ensure accuracy and alignment with compensation strategy.* Conduct complex modeling analyses and studies to support developing and administering effective compensation and benefits programs in accordance with the LFST total reward strategy and to ensure compliance with regulations.* Collect market data for positions, recommending benchmark matches and scope or level adjustments. Recommend internal parity salary grade for new roles and as part of regular market reviews. of roles matching the job functions.* Evaluate jobs for career architecture leveling, market rates and Fair Labor Standard Act (FLSA) classification.* Research and keep abreast of compensation related regulations and compensation/total rewards trends.* Draft and edit job descriptions, policies, and communications, including collaborating with key stakeholders.* Assists in administering LifeStance’s performance-based programs (merit, short-term and long-term incentives), including collaborating with and guiding leaders to foster the compensation strategy and reduce bias risks.* Identify and escalate concerns about variations from the organization’s compensation policies, strategy or federal or state compensation related regulations.* Participate in salary surveys. **SKILLS & EXPERIENCE** * Bachelor’s degree.* In lieu of the degree, an additional 5 years of highly related experience or a combination of an associate’s degree and 3 years of highly relevant experience.* At least one year as a compensation analyst or at least 3+ years of experience in a human resources, finance, payroll, or other similarly analytical role.* Excellent data analysis and systematic problem-solving skills.* Advanced proficiency in Microsoft Excel* Strong business writing and editing skills and a collaborative communication approach.* Prior experience in health care preferred.* Experience working with Workday preferred.* Qualified candidates must be legally authorized to be employed in the United States* LifeStance is an EEO/Affirmative Action Employer and does not discriminate on the basis of age, race, color, religion, gender, sexual orientation, gender identity, gender expression, national origin, protected veteran status, disability or any other legally protected status.* Demonstrates awareness, inclusivity, sensitivity, humility, and experience in working with individuals from diverse ethnic backgrounds, socioeconomic statuses, sexual orientations, gender identities, and other various aspects of culture. **PHYSICAL REQUIREMENTS** * The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.* While performing the duties of this job, the employee is regularly required to sit, stand, bend, talk and hear. The employee is frequently required to walk. The employee must be able to lift and/or move objects up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus.*LifeStance provides the compensation range and benefits that it in good faith believes it might pay and/or offer for this position. LifeStance reserves the right to ultimately pay more or less than the posted range and offer additional benefits and other compensation, depending on circumstances not related to an applicant’s sex or other status protected by local, state, or federal law.*