Compensation Analyst

OSF HealthCare; Peoria (IL); On-site; USD 75,000 - 88,000; Full time

Job summary

OSF HealthCare is seeking a Compensation Analyst to support the development and administration of competitive compensation programs. You will conduct market research, manage salary surveys, and provide data-driven insights to inform decisions that align with organizational strategy.

The role requires strong analytical skills, advanced Excel proficiency, and the ability to translate complex data for non-technical audiences. This is a salaried, full-time position based in Peoria, IL.

Qualifications

• Bachelor’s degree in HR, business, finance, economics, data analytics, or related field.
• Experience with data analysis, compensation, or related analytical discipline.
• Strong analytical and problem-solving skills with ability to interpret data.
• Advanced proficiency with Microsoft Excel or comparable analytical tools.

Responsibilities

• Support development and administration of compensation programs through market research and pricing.
• Manage salary survey data and market pricing analyses.
• Translate findings into actionable recommendations for compensation strategy.
• Collaborate with HR and finance teams to ensure data accuracy and governance.

Skills

Data analysis

Excel proficiency

Communication

Education

Bachelor's degree

Tools

Microsoft Excel

HRIS

Data visualization tools

Job description

Total Rewards

OSF HealthCare is dedicated to provide Mission Partners with a comprehensive and market-competitive total rewards package that includes benefits, compensation, recognition and well-being offerings that focus on the whole person and engage with their current stage of life and career. Click here to learn more about benefits and the total rewards at OSF.

Expected pay for this position is $36.04 - $42.40/hour. Actual pay will be determined by experience, skills and internal equity. This is a Salaried position.

Overview

POSITION SUMMARY:

The Compensation Analyst supports the development and administration of competitive, equitable, and sustainable compensation programs through market research, salary survey management, market pricing, data analysis, and workforce insights. Serves as a key analytical resource within the Compensation Center of Expertise by translating compensation and workforce data into clear findings and actionable recommendations that support compensation strategy and organizational decision-making.

Qualifications

REQUIRED QUALIFICATIONS:

Education:

Bachelor’s degree in human resources, business, finance, economics, data analytics, or a related field, or equivalent relevant experience.

Experience:

Experience working with data analysis, compensation, human resources, finance, or a related analytical discipline.

Other Skills/ Knowledge:

Strong analytical and problem-solving skills with demonstrated ability to interpret complex data and identify meaningful trends, risks, and opportunities.

Advanced proficiency with Microsoft Excel or comparable analytical tools, including the ability to organize and analyze large datasets with a high degree of accuracy.

Able to handle confidential information and maintain a high standard of data quality and stewardship.

Strong written and verbal communication skills, including the ability to translate analytical findings for non-technical audiences and collaborate effectively across the organization.

PREFERRED QUALIFICATIONS:

Experience:

Experience in compensation analysis, market pricing, salary surveys, or compensation program administration.

Experience with HRIS, compensation technology, data visualization, or reporting tools; healthcare compensation experience and CCP certification or progress toward certification are preferred.

OSF HealthCare is an Equal Opportunity Employer.