Compensation Analyst, Senior

Edward Elmhurst Health; Arlington Heights (IL); Hybrid; USD 53,271 - 82,573; Full time

Benefits offered by this job

Career Pathways for Professional Growth

Various Medical, Dental, and Vision options

Tuition Reimbursement

Wellness Program Savings Plan

Health Savings Account Options

Retirement Options with Company Match

Paid Time Off and Holiday Pay

Job summary

A leading healthcare organization in Arlington Heights seeks a Senior Compensation Analyst to ensure competitive and equitable compensation practices. Responsibilities include conducting job evaluations, market research, and providing recommendations for compensation strategies. The ideal candidate will have a Bachelor's Degree in HR or related field and over 5 years of experience, preferably in healthcare. This full-time position offers a supportive environment with various benefits for professional growth.

Qualifications

• 5+ years of progressive compensation administration experience in healthcare environments.
• Demonstrated ability to interpret complex compensation data.
• Experience in managing compensation projects and leading initiatives.

Responsibilities

• Lead job evaluations to determine classifications and salary structures.
• Conduct in-depth market research to inform compensation strategies.
• Collaborate with HR to design compensation initiatives.

Skills

Advanced proficiency in MS Word

Excel

PowerPoint

Visio

Project management skills

Strong analytical skills

Problem-solving skills

Education

Bachelor's Degree in Human Resources, Business Administration, Accounting, or related field

Certified Compensation Professional (CCP)

Job description

## Compensation Analyst, Senior**Hourly Pay Range:**$38.67 - $59.94 - The hourly pay rate offered is determined by a candidate's expertise and years of experience, among other factors.**Senior Compensation Analyst**As a Senior Compensation Analyst, you will play a pivotal role in ensuring that our compensation practices are competitive, equitable, and strategically aligned with organizational goals. You will conduct advanced compensation analysis, job evaluations, and market research to support the hospital's compensation strategy.**Position Highlights:*** Position: Senior Compensation Analyst* Location: Evanston, Warrenville, Skokie or Arlington Heights (Salt Creek)* Full Time/Part Time: Full Time* Hours: Monday-Friday, 8:00am-4:30pm* Required Travel: Travel to other locations may be required for meetings**What you will do:*** Leading job evaluations to determine job classifications, pay grades, and salary structures for various hospital positions.* Ensuring that job descriptions accurately reflect job duties and responsibilities.* Conducting in-depth market research and benchmarking to compare hospital compensation practices with industry and regional standards.* Providing recommendations for competitive compensation strategies.* Developing and implementing compensation strategies and programs, including base pay, incentives, and bonus plans.* Collaborating with HR and leadership to design and manage compensation initiatives that attract and retain top talent.* Overseeing the administration of the hospital's compensation programs, including merit increases, salary reviews, and incentive plans.* Ensuring compliance with compensation policies and guidelines.* Analyzing complex compensation data and metrics to identify trends and provide data-driven insights to HR leadership.* Preparing comprehensive reports and presentations on compensation-related topics for senior management.* Ensuring that compensation practices comply with federal, state, and local laws and regulations.* Staying current with changes in labor laws and provide guidance on necessary updates.* Managing the participation in salary surveys to collect and submit compensation data to external organizations.* Utilizing survey data to inform compensation decisions.* Leading communication efforts related to compensation programs, including the dissemination of salary increase announcements, incentive plans, and total rewards statements.* Providing mentorship and guidance to junior compensation analysts.* Leading compensation projects and initiatives.**What you will need:*** Education: Bachelor's Degree in Human Resources, Business Administration, Accounting, or other related field, required* Certification: Certified Compensation Professional (CCP), preferred* Experience: 5+ years of progressively more responsible compensation administration, finance or consulting experience in large, complex organizations, preferably in a healthcare or hospital setting required.* Unique or Preferred Skills: + Advanced proficiency in using MS Word, Excel, PowerPoint and Visio. + Ability to create dynamic tools and models to interpret and analyze data. + Demonstrated proficiency in communicating with others (verbally and in writing) to capture and interpret complex messages and communicate in a manner that can be actionable by users + Action-oriented, self-starter and the ability to operate independently + Demonstrated proficiency in project management and the ability to prioritize and manage expectations of leaders and HR colleagues. + Strong analytical and problem solving skills with the ability to interpret data and make meaningful recommendations.**Benefits:*** Career Pathways to Promote Professional Growth and Development* Various Medical, Dental, Pet and Vision options* Tuition Reimbursement* Free Parking* Wellness Program Savings Plan* Health Savings Account Options* Retirement Options with Company Match* Paid Time Off and Holiday Pay* Community Involvement OpportunitiesEndeavor Health is a fully integrated healthcare delivery system committed to providing access to quality, vibrant, community-connected care, serving an area of more than 4.2 million residents across six northeast Illinois counties. Our more than 25,000 team members and more than 6,000 physicians aim to deliver transformative patient experiences and expert care close to home across more than 300 ambulatory locations and eight acute care hospitals – Edward (Naperville), Elmhurst, Evanston, Glenbrook (Glenview), Highland Park, Northwest Community (Arlington Heights) Skokie and Swedish (Chicago) – all recognized as Magnet hospitals for nursing excellence. For more information, visit .When you work for Endeavor Health, you will be part of an organization that encourages its employees to achieve career goals and maximize their professional potential.Please explore our website () to better understand how Endeavor Health delivers on its mission to “help everyone in our communities be their best”.Endeavor Health is committed to working with and providing reasonable accommodation to individuals with disabilities. Please refer to the main career page for more information.Diversity, equity and inclusion is at the core of who we are; being there for our patients and each other with compassion, respect and empathy. We believe that our strength resides in our differences and in connecting our best to provide community-connected healthcare for all.EOE: Race/Color/Sex/Sexual Orientation/ Gender Identity/Religion/National Origin/Disability/Vets, VEVRRA Federal Contractor.**Welcome to Endeavor Health Careers** At Endeavor Health, we believe every role plays an important part in advancing our mission to help everyone in our communities be their best. Whether you’re just beginning your career journey or are a seasoned professional, you’ll find opportunities here to learn, grow, and thrive.Your Career is our Endeavor.