Compensation Analyst

HealthPartners

Saint Paul (MN)

On-site

USD 85,000 - 120,000

Full time

9 days ago
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Job summary

HealthPartners seeks a Compensation professional to lead the development and ongoing support of our compensation program, ensuring competitive pay structures aligned with organizational goals.

You will analyze salary trends, manage data in HRIS, and collaborate with cross-functional teams to maintain internal equity and market competitiveness. Strong communication and analytical skills are essential in a complex health system environment.

Qualifications

  • Bachelor’s degree in HR, business, industrial relations, or related field.
  • Two years of experience in HR or compensation with analytical background.
  • Licensure/Registration/Certification: None
  • Strong verbal and written communication skills required.
  • Familiar with the standard concepts, practices and procedures related to compensation
  • Strong computer & spreadsheet background

Responsibilities

  • Development and support of the compensation program.
  • Management of the compensation program and HRIS reporting.
  • Communication and education about the compensation program.
  • Ensures compliance with Regions, RHSC and regulatory agency practices and policies

Skills

Communication skills
Compensation concepts
Spreadsheet skills

Education

Bachelor’s degree in HR/related field
6 years HR experience may substitute for education

Tools

HRIS system

Job description

MINIMUM QUALIFICATIONS:

Education: Bachelor’s degree in human resources, business administration, industrial relations, or related field. 6 years of HR experience may substitute for education

Experience: Two years of experience in Human Resources or compensation that includes analytical background.

Licensure/ Registration/ Certification: None

Knowledge, Skills and Abilities:

  • Strong verbal and written communication skills required
  • Familiar with the standard concepts, practices and procedures related to compensation
  • Strong computer & spreadsheet background
PREFERRED QUALIFICATIONS:

Education: None

Experience: Previous healthcare experience preferred.

Licensure/ Registration/ Certification: None

Knowledge, Skills and Abilities: None

MAJOR JOB DUTIES AND TASKS:
  1. Development and support of the compensation program (30%)
    1. a. Assesses the impact of the existing program’s policies/practices on the needs of the organization
    2. b. Develops and introduces innovative alternatives to traditional base pay, and anticipates and evaluates salary trends to meet the retention and recruitment needs of the organization
    3. c. Participates in committees and work groups as a resource and recommendation maker
  2. Management of the compensation program (30%)
    1. a. Utilizes the HRIS system efficiently to manage compensation programs
    2. b. Adjusts employee pay and status, according to policies and procedures
    3. c. Establishes and maintains tracking systems for CBJD, job evaluations and compensation schedules
    4. d. Produces compensation and HRIS reports as needed
    5. e. Establishes and maintains market survey and benchmark position databases
    6. f. Develops new methods and improvements for maintaining and distributing position and compensation data
    7. g. Conducts internal compensation audits to insure internal equity
    8. h. Annually, and as needed, collects survey information and prepares recommendations for salary structures
    9. i. Reviews and analyzes wage and salaried jobs and prepares job descriptions in standardized form
    10. j. Consistently evaluates jobs following established methodology for current philosophy
    11. k. Accurately costs out affects of proposed pay adjustments
  3. Communication and education (30%)
    1. Develops educational materials for various audiences, promoting and supporting the compensation program
    2. Facilitates the understanding of the compensation programs and philosophy across the organization
    3. Proactively communicates changes in compensation programs to appropriate staff in a timely manner.
  4. Ensures compliance with Regions, RHSC and regulatory agency (10%) practices and policies
    1. Reviews practices, procedures and strategies to determine if consistent with legal, regulatory and organizational polices
    2. Participates in and assists with advisory committee activities related to JCAHO
    3. Attends appropriate seminars/workshops for FLSA compliance
    4. Initiates and participates in audits of employee data and compensation practice and compliance
Additional Expectations:
  • Complies with safety instructions, observe safe work practices, provides input on safety issues and promotes a safe work environment.
  • Maintains regular and timely attendance
  • Protects confidentiality
  • Demonstrates participation in and support of the organization's Corporate Integrity Program by participating in compliance-related education and training and complying with the organization's policies and procedures.
  • Timely completion of all mandatory education and organizational requirements (i.e. licensure/certification, Employee Health and Wellness requirements, annual training, etc.)
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